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Fast Five Shorts | What Impact Will Walmart Same-Day RX Delivery Have On The Healthcare Landscape · Omni Talk Retail

• 0:00
  Walmart
• 0:00
  is
• 0:01
  expanding
• 0:01
  its
• 0:02
  same
• 0:02
  day
• 0:02
  pharmacy
• 0:03
  delivery
• 0:03
  service
• 0:04
  nationwide,
• 0:04
  as
• 0:05
  we
• 0:05
  alluded
• 0:05
  to
• 0:06
  a
• 0:06
  little
• 0:06
  bit
• 0:06
  earlier
• 0:06
  in
• 0:07
  the
• 0:07
  show,
• 0:07
  according
• 0:07
  to
• 0:08
  Chainster
• 0:08
  Age.
• 0:09
  Because
• 0:09
  the
• 0:10
  Fast
• 0:10
  five
• 0:11
  needs
• 0:11
  a
• 0:11
  third
• 0:12
  pharmacy
• 0:12
  headline
• 0:13
  this
• 0:13
  week
• 0:13
  as
• 0:14
  well,
• 0:14
  the
• 0:15
  discount
• 0:15
  giant
• 0:15
  is
• 0:16
  making
• 0:16
  some
• 0:16
  making
• 0:17
  same
• 0:17
  day
• 0:17
  pharmacy
• 0:18
  Delivery
• 0:18
  available
• 0:19
  in
• 0:19
  49
• 0:19
  states
• 0:20
  for
• 0:20
  both
• 0:20
  new
• 0:20
  prescriptions
• 0:21
  and
• 0:21
  medication
• 0:22
  refills
• 0:23
  with
• 0:23
  some
• 0:24
  exceptions.
• 0:24
  Walmart
• 0:25
  initially
• 0:25
  launched
• 0:26
  the
• 0:26
  service,
• 0:26
  which
• 0:26
  it
• 0:26
  says
• 0:27
  was
• 0:27
  the
• 0:27
  first
• 0:28
  for
• 0:28
  RX
• 0:28
  medications
• 0:29
  and
• 0:29
  general
• 0:30
  merchandise
• 0:31
  into
• 0:31
  one
• 0:31
  streamlined
• 0:32
  single
• 0:32
  order
• 0:32
  for
• 0:32
  delivery
• 0:33
  back
• 0:33
  in
• 0:33
  October
• 0:34
  of
• 0:34
  2024.
• 0:35
  At
• 0:35
  that
• 0:35
  time,
• 0:36
  Walmart
• 0:36
  offered
• 0:37
  same
• 0:37
  day
• 0:37
  pharmacy
• 0:37
  delivery
• 0:38
  in
• 0:38
  six
• 0:38
  states,
• 0:39
  Arkansas,
• 0:39
  Missouri,
• 0:40
  New
• 0:40
  York,
• 0:40
  Nevada,
• 0:41
  South
• 0:41
  Carolina
• 0:41
  and
• 0:42
  Wisconsin
• 0:42
  and
• 0:43
  said
• 0:43
  it
• 0:43
  expected
• 0:44
  to
• 0:44
  take
• 0:44
  the
• 0:44
  service
• 0:44
  national
• 0:45
  by
• 0:45
  the
• 0:45
  end
• 0:45
  of
• 0:45
  January
• 0:46
  2025.
• 0:47
  And
• 0:47
  now
• 0:47
  they've
• 0:47
  done
• 0:48
  just
• 0:49
  that.
• 0:49
  Once
• 0:49
  a
• 0:50
  pharmacist
• 0:50
  fills
• 0:51
  a
• 0:51
  customer's
• 0:52
  prescription,
• 0:53
  the
• 0:53
  customer
• 0:53
  is
• 0:53
  notified
• 0:54
  through
• 0:54
  their
• 0:54
  Walmart.com
• 0:55
  account
• 0:55
  that
• 0:55
  their
• 0:56
  order
• 0:56
  is
• 0:56
  ready
• 0:57
  to
• 0:57
  be
• 0:57
  delivered.
• 0:57
  At
• 0:58
  this
• 0:58
  time
• 0:58
  they
• 0:58
  can
• 0:58
  select
• 0:59
  their
• 0:59
  delivery
• 0:59
  pre
• 1:00
  such
• 1:00
  as
• 1:00
  same
• 1:00
  day
• 1:00
  or
• 1:01
  one
• 1:01
  day
• 1:01
  and
• 1:02
  then
• 1:02
  new
• 1:02
  or
• 1:03
  existing
• 1:03
  insurance
• 1:04
  plans
• 1:04
  will
• 1:04
  be
• 1:04
  applied
• 1:05
  to
• 1:05
  the
• 1:05
  transaction
• 1:06
  as
• 1:06
  they
• 1:06
  would
• 1:06
  when
• 1:06
  picking
• 1:07
  up
• 1:07
  a
• 1:07
  prescription
• 1:08
  in
• 1:08
  store.
• 1:08
  A
• 1:09
  driver
• 1:09
  brings
• 1:09
  the
• 1:10
  order
• 1:10
  to
• 1:10
  the
• 1:10
  customer's
• 1:11
  location
• 1:11
  during
• 1:12
  their
• 1:12
  preferred
• 1:12
  time
• 1:13
  window.
• 1:14
  Medications
• 1:14
  are
• 1:14
  delivered
• 1:15
  in
• 1:15
  tamper
• 1:15
  evident
• 1:16
  packaging
• 1:16
  and
• 1:16
  customers
• 1:17
  can
• 1:17
  track
• 1:17
  their
• 1:17
  orders
• 1:18
  in
• 1:18
  real
• 1:18
  time.
• 1:19
  Members
• 1:19
  of
• 1:19
  the
• 1:20
  Walmart
• 1:20
  plus
• 1:20
  page
• 1:20
  subscription
• 1:21
  program
• 1:21
  will
• 1:21
  receive
• 1:22
  a
• 1:22
  free
• 1:22
  pharmacy
• 1:23
  delivery
• 1:23
  as
• 1:23
  a
• 1:24
  membership,
• 1:24
  will
• 1:25
  receive,
• 1:25
  sorry,
• 1:25
  free
• 1:26
  pharmacy
• 1:26
  delivery
• 1:27
  as
• 1:27
  a
• 1:27
  membership
• 1:27
  benefit
• 1:28
  and
• 1:28
  other
• 1:28
  customers
• 1:29
  will
• 1:29
  be
• 1:29
  charged
• 1:30
  based
• 1:30
  on
• 1:30
  their
• 1:30
  delivery
• 1:31
  preference.
• 1:32
  Ben,
• 1:33
  we
• 1:34
  saved
• 1:34
  this
• 1:34
  for
• 1:34
  the
• 1:34
  end.
• 1:35
  You
• 1:35
  get
• 1:36
  the
• 1:36
  A
• 1:36
  M
• 1:37
  put
• 1:37
  you
• 1:37
  on
• 1:37
  the
• 1:38
  spot
• 1:38
  question
• 1:39
  A
• 1:40
  and
• 1:40
  M
• 1:40
  wants
• 1:40
  to
• 1:40
  know,
• 1:41
  looking
• 1:41
  across
• 1:41
  all
• 1:42
  the
• 1:42
  headlines
• 1:42
  today
• 1:42
  involving
• 1:43
  CVS
• 1:43
  and
• 1:44
  Walgreens
• 1:44
  and
• 1:44
  now
• 1:44
  this.
• 1:45
  Do
• 1:45
  you
• 1:45
  see
• 1:45
  this
• 1:46
  as
• 1:46
  legacy
• 1:47
  retail
• 1:47
  pharmacy
• 1:48
  chains
• 1:48
  scrambling
• 1:49
  to
• 1:49
  react
• 1:49
  to
• 1:49
  a
• 1:50
  challenge
• 1:50
  sector,
• 1:50
  whereas
• 1:51
  Walmart
• 1:52
  is
• 1:52
  slowly
• 1:52
  planting
• 1:53
  new
• 1:53
  flags
• 1:54
  and
• 1:54
  setting
• 1:54
  new
• 1:54
  customer
• 1:55
  expectations
• 1:56
  that
• 1:56
  will
• 1:56
  create
• 1:57
  distance
• 1:58
  between
• 1:58
  it
• 1:59
  and
• 1:59
  others?
• 2:00
  Or
• 2:00
  do
• 2:00
  you
• 2:00
  see
• 2:00
  the
• 2:01
  balance
• 2:01
  of
• 2:01
  power
• 2:02
  differently?
• 2:04
  We're
• 2:04
  getting
• 2:04
  very
• 2:04
  theoretical
• 2:05
  right
• 2:05
  now.
• 2:05
  This
• 2:06
  is
• 2:06
  like
• 2:06
  just
• 2:07
  put,
• 2:07
  put
• 2:08
  your
• 2:08
  best
• 2:08
  consulting
• 2:09
  hat
• 2:09
  on
• 2:09
  and
• 2:10
  answer
• 2:10
  that.
• 2:10
  It's
• 2:10
  a
• 2:10
  heady
• 2:11
  question
• 2:11
  if
• 2:11
  you
• 2:11
  would,
• 2:12
  Ben.
• 2:12
  I
• 2:13
  mean
• 2:14
  my
• 2:14
  initial,
• 2:14
  my
• 2:15
  initial
• 2:15
  response
• 2:15
  to
• 2:16
  that
• 2:16
  was
• 2:16
  I'm
• 2:17
  not
• 2:17
  sure
• 2:18
  because
• 2:18
  both
• 2:19
  CVS
• 2:19
  and
• 2:20
  Walgreens
• 2:20
  already
• 2:21
  offered
• 2:22
  same
• 2:22
  day.
• 2:23
  So
• 2:24
  when
• 2:25
  it's
• 2:25
  about
• 2:25
  putting
• 2:26
  a
• 2:26
  gap
• 2:27
  between
• 2:27
  I
• 2:27
  think
• 2:27
  is
• 2:28
  as
• 2:28
  A
• 2:28
  and
• 2:28
  M
• 2:28
  said,
• 2:29
  well,
• 2:29
  they're
• 2:29
  playing
• 2:30
  catch
• 2:30
  up.
• 2:30
  But
• 2:31
  actually
• 2:32
  I
• 2:32
  think,
• 2:33
  I
• 2:33
  think
• 2:33
  the
• 2:34
  premise
• 2:34
  of
• 2:34
  the
• 2:34
  question
• 2:35
  is
• 2:36
  wrong
• 2:36
  because
• 2:37
  this
• 2:37
  isn't
• 2:37
  about
• 2:38
  Walmart
• 2:39
  vs.
• 2:40
  CVS
• 2:40
  and
• 2:40
  Walgreens.
• 2:42
  This
• 2:42
  is
• 2:42
  Walmart
• 2:43
  adding
• 2:43
  another
• 2:44
  phenomenal
• 2:45
  benefit
• 2:46
  into
• 2:46
  Walmart
• 2:47
  plus
• 2:47
  because
• 2:48
  the
• 2:48
  killer
• 2:48
  line
• 2:48
  is
• 2:49
  that
• 2:49
  this
• 2:49
  is
• 2:49
  free,
• 2:50
  this
• 2:50
  is,
• 2:51
  it's
• 2:51
  an,
• 2:51
  it's,
• 2:51
  it's
• 2:52
  already.
• 2:52
  If
• 2:52
  you
• 2:52
  go
• 2:52
  on
• 2:52
  to
• 2:53
  Walmart
• 2:54
  plus
• 2:54
  on
• 2:55
  the
• 2:55
  Walmart
• 2:55
  website
• 2:56
  in
• 2:56
  the
• 2:56
  US
• 2:57
  today,
• 2:57
  the
• 2:58
  very
• 2:58
  first
• 2:58
  thing
• 2:59
  you
• 2:59
  see
• 2:59
  listed
• 2:59
  on
• 3:00
  that
• 3:00
  page
• 3:00
  is
• 3:01
  free
• 3:01
  same
• 3:02
  day
• 3:02
  prescription.
• 3:03
  No
• 3:03
  minimum
• 3:04
  order
• 3:04
  value.
• 3:05
  Yeah,
• 3:06
  no
• 3:06
  minimum
• 3:06
  order
• 3:06
  value.
• 3:07
  It's
• 3:08
  a
• 3:08
  member
• 3:08
  benefit.
• 3:09
  It's
• 3:09
  same
• 3:09
  day.
• 3:10
  It's
• 3:10
  the
• 3:10
  number
• 3:10
  one.
• 3:11
  It's
• 3:11
  taking
• 3:11
  something
• 3:12
  that
• 3:12
  already
• 3:13
  had
• 3:13
  so
• 3:13
  much
• 3:14
  value
• 3:14
  in
• 3:14
  and
• 3:15
  layering
• 3:15
  a
• 3:16
  whole
• 3:16
  new
• 3:16
  level
• 3:16
  of
• 3:16
  value.
• 3:17
  And
• 3:18
  you
• 3:18
  know,
• 3:19
  if
• 3:19
  you
• 3:19
  think
• 3:19
  about
• 3:19
  where
• 3:20
  Walmart
• 3:20
  is
• 3:20
  in
• 3:21
  that
• 3:21
  battle,
• 3:22
  it's
• 3:23
  with
• 3:23
  Amazon
• 3:23
  and
• 3:23
  okay,
• 3:24
  Amazon
• 3:24
  are
• 3:24
  working
• 3:25
  on
• 3:26
  same
• 3:26
  day
• 3:27
  but
• 3:27
  they
• 3:28
  are
• 3:28
  in
• 3:28
  a
• 3:28
  limited
• 3:29
  number
• 3:29
  of
• 3:29
  geographies
• 3:30
  because
• 3:30
  they
• 3:30
  don't
• 3:31
  have
• 3:31
  the
• 3:31
  physical
• 3:33
  pharmacy
• 3:33
  structure
• 3:34
  yet.
• 3:34
  Walmart
• 3:34
  have
• 3:35
  got
• 3:35
  4,000
• 3:36
  stores.
• 3:37
  Yeah.
• 3:37
  So
• 3:38
  they've
• 3:38
  got
• 3:38
  this
• 3:38
  incredible
• 3:39
  advantage.
• 3:39
  Amazon
• 3:40
  are
• 3:40
  playing
• 3:41
  hard
• 3:41
  to
• 3:41
  catch
• 3:42
  up
• 3:42
  but
• 3:43
  they
• 3:44
  are
• 3:44
  physically
• 3:45
  limited
• 3:45
  in
• 3:45
  what
• 3:45
  they
• 3:46
  can
• 3:46
  do
• 3:46
  and
• 3:46
  there's
• 3:47
  pace
• 3:47
  that
• 3:47
  they
• 3:47
  can
• 3:47
  go
• 3:48
  at.
• 3:48
  Target
• 3:49
  can't
• 3:49
  do
• 3:49
  that
• 3:50
  because
• 3:50
  it's
• 3:51
  CVS
• 3:51
  that
• 3:52
  runs
• 3:52
  their
• 3:53
  pharmacies.
• 3:53
  Costco
• 3:54
  are
• 3:55
  using
• 3:55
  Instacart.
• 3:56
  So
• 3:57
  therefore
• 3:57
  you're
• 3:57
  adding
• 3:57
  all
• 3:57
  the
• 3:58
  fees
• 3:58
  on.
• 3:59
  It's
• 3:59
  just
• 3:59
  another
• 4:00
  way
• 4:00
  that
• 4:00
  Walmart
• 4:00
  is
• 4:01
  living
• 4:01
  its
• 4:02
  value
• 4:02
  which
• 4:02
  is
• 4:02
  about
• 4:03
  serving,
• 4:03
  helping
• 4:03
  customers
• 4:04
  live
• 4:04
  better
• 4:05
  price.
• 4:05
  And
• 4:05
  I
• 4:05
  think
• 4:05
  that's,
• 4:06
  that's
• 4:06
  the
• 4:06
  thing
• 4:06
  and
• 4:07
  they've
• 4:07
  done
• 4:07
  it
• 4:08
  at
• 4:08
  a
• 4:08
  speed
• 4:09
  and
• 4:10
  scale
• 4:11
  that
• 4:11
  I
• 4:12
  think
• 4:12
  only
• 4:12
  Walmart
• 4:13
  are
• 4:13
  able
• 4:13
  to
• 4:13
  get
• 4:14
  programmers
• 4:14
  away
• 4:14
  at
• 4:14
  the
• 4:15
  moment.
• 4:15
  So
• 4:16
  yeah,
• 4:16
  I
• 4:16
  think
• 4:17
  it's
• 4:17
  brilliant.
• 4:17
  Absolutely
• 4:17
  brilliant,
• 4:18
  amazing.
• 4:18
  And
• 4:19
  when
• 4:19
  you
• 4:19
  talk
• 4:19
  about
• 4:19
  too
• 4:20
  Ben,
• 4:20
  the
• 4:20
  other
• 4:20
  things
• 4:21
  that
• 4:21
  you're
• 4:21
  adding
• 4:21
  to
• 4:21
  that
• 4:22
  order,
• 4:22
  can
• 4:22
  anyone
• 4:23
  beat
• 4:23
  that?
• 4:24
  They
• 4:24
  can't.
• 4:24
  They
• 4:24
  certainly
• 4:25
  when
• 4:25
  you
• 4:25
  talk
• 4:25
  about
• 4:26
  grocery
• 4:26
  items
• 4:27
  or
• 4:27
  other
• 4:27
  things
• 4:27
  that
• 4:27
  you're
• 4:27
  adding
• 4:28
  to
• 4:28
  this
• 4:28
  prescription
• 4:29
  delivery.
• 4:29
  I
• 4:30
  mean
• 4:30
  Amazon's
• 4:31
  doesn't,
• 4:31
  Amazon
• 4:32
  doesn't
• 4:32
  have
• 4:32
  the
• 4:32
  breath
• 4:32
  that
• 4:33
  Walmart
• 4:34
  does
• 4:34
  when
• 4:34
  it
• 4:34
  comes
• 4:34
  to
• 4:34
  same
• 4:35
  day
• 4:35
  grocery.
• 4:35
  They
• 4:35
  have
• 4:35
  other
• 4:36
  minute
• 4:36
  order
• 4:37
  minimums
• 4:37
  like
• 4:38
  $35
• 4:38
  grocery
• 4:39
  minimum
• 4:39
  same
• 4:40
  day
• 4:40
  or
• 4:40
  like
• 4:41
  there's
• 4:41
  so
• 4:41
  much
• 4:41
  more
• 4:41
  complexity.
• 4:42
  You're
• 4:42
  getting
• 4:43
  the
• 4:43
  best
• 4:44
  value
• 4:44
  for
• 4:44
  your
• 4:45
  money
• 4:45
  and
• 4:45
  the
• 4:46
  most
• 4:46
  option
• 4:47
  value
• 4:47
  I
• 4:47
  think
• 4:48
  for
• 4:48
  this
• 4:49
  Walmart
• 4:49
  plus
• 4:50
  membership
• 4:50
  now
• 4:50
  too.
• 4:51
  So
• 4:51
  you
• 4:51
  know,
• 4:52
  if
• 4:52
  you
• 4:52
  want
• 4:52
  to
• 4:53
  align
• 4:54
  a
• 4:54
  delivery
• 4:55
  with
• 4:55
  your
• 4:56
  regular
• 4:57
  RS
• 4:58
  prescription
• 4:59
  alongside
• 5:00
  a
• 5:01
  general
• 5:01
  merchandise
• 5:01
  purchase
• 5:02
  or
• 5:02
  alongside
• 5:02
  a
• 5:02
  grocery
• 5:03
  order,
• 5:03
  Walmart's
• 5:04
  the
• 5:04
  only
• 5:04
  place
• 5:04
  you
• 5:04
  can
• 5:05
  do
• 5:05
  that.
• 5:05
  Yeah.
• 5:06
  But
• 5:06
  even
• 5:06
  if
• 5:06
  you
• 5:07
  don't,
• 5:07
  even
• 5:07
  if
• 5:08
  I
• 5:08
  need
• 5:08
  that
• 5:08
  drugstore,
• 5:09
  get
• 5:09
  it
• 5:09
  now,
• 5:10
  they'll
• 5:10
  still
• 5:10
  be
• 5:10
  the
• 5:11
  fastest
• 5:11
  and
• 5:11
  cheapest
• 5:12
  to
• 5:12
  do
• 5:12
  that.
• 5:12
  And
• 5:13
  that's
• 5:14
  the
• 5:14
  winning
• 5:14
  combination.
• 5:15
  Yeah.
• 5:16
  Chris,
• 5:16
  I
• 5:16
  imagine
• 5:17
  you're,
• 5:17
  you're
• 5:17
  kind
• 5:18
  of,
• 5:18
  you're
• 5:18
  nodding
• 5:19
  along
• 5:19
  but
• 5:19
  I
• 5:19
  imagine
• 5:20
  that
• 5:20
  you're
• 5:20
  kind
• 5:20
  of
• 5:20
  in
• 5:20
  the
• 5:21
  same,
• 5:21
  same
• 5:22
  realm
• 5:22
  here.
• 5:22
  But
• 5:23
  what
• 5:23
  do
• 5:23
  you
• 5:23
  think
• 5:24
  this
• 5:24
  does
• 5:24
  for,
• 5:25
  for
• 5:25
  Walmart
• 5:25
  and
• 5:26
  for
• 5:26
  Walmart
• 5:26
  Plus?
• 5:27
  Yeah,
• 5:27
  I'm,
• 5:28
  I'm
• 5:28
  dialed
• 5:28
  up
• 5:28
  to
• 5:28
  11
• 5:29
  on
• 5:29
  this
• 5:29
  one
• 5:29
  too,
• 5:30
  you
• 5:30
  know,
• 5:30
  and
• 5:30
  I
• 5:30
  think,
• 5:30
  I
• 5:30
  think
• 5:31
  there's
• 5:31
  an
• 5:31
  important
• 5:31
  angle
• 5:31
  though
• 5:31
  that
• 5:32
  you
• 5:32
  guys
• 5:32
  didn't
• 5:32
  cover
• 5:33
  with
• 5:33
  this,
• 5:33
  this
• 5:33
  headline,
• 5:34
  which
• 5:34
  is,
• 5:34
  you
• 5:34
  know,
• 5:35
  and
• 5:35
  I
• 5:35
  go
• 5:35
  back
• 5:35
  to
• 5:35
  FMI
• 5:36
  this
• 5:36
  past
• 5:36
  week,
• 5:37
  like
• 5:37
  I
• 5:37
  was
• 5:37
  shocked,
• 5:37
  Dan,
• 5:38
  and
• 5:38
  I
• 5:38
  know
• 5:38
  you
• 5:38
  were
• 5:39
  too,
• 5:39
  about
• 5:40
  the
• 5:40
  number
• 5:40
  of
• 5:41
  people
• 5:41
  in
• 5:41
  and
• 5:41
  around
• 5:42
  the
• 5:42
  grocery
• 5:42
  industry
• 5:43
  that
• 5:43
  we're
• 5:43
  talking
• 5:43
  about,
• 5:44
  the
• 5:44
  success
• 5:44
  of
• 5:45
  Walmart
• 5:45
  plus
• 5:46
  and
• 5:46
  the
• 5:46
  impact
• 5:46
  they
• 5:47
  were
• 5:47
  seeing
• 5:47
  it
• 5:47
  have
• 5:47
  on
• 5:48
  the
• 5:48
  high
• 5:48
  income
• 5:49
  demographic
• 5:49
  shopper.
• 5:50
  So
• 5:51
  I
• 5:51
  think
• 5:51
  that's
• 5:51
  what
• 5:51
  this
• 5:51
  is
• 5:51
  a
• 5:52
  play
• 5:52
  for
• 5:52
  because
• 5:53
  there's
• 5:53
  probably
• 5:53
  a
• 5:53
  lot
• 5:54
  of
• 5:54
  high
• 5:54
  income
• 5:54
  demographic
• 5:55
  shoppers
• 5:55
  that
• 5:55
  have
• 5:55
  never
• 5:56
  thought
• 5:56
  about
• 5:56
  Walmart
• 5:57
  for
• 5:57
  pharmacy
• 5:58
  needs
• 5:59
  because
• 5:59
  that
• 5:59
  required
• 6:00
  them
• 6:00
  to
• 6:00
  go
• 6:00
  into
• 6:00
  the
• 6:01
  store.
• 6:01
  But
• 6:02
  those
• 6:02
  same
• 6:02
  shoppers
• 6:02
  that
• 6:03
  are
• 6:03
  now
• 6:03
  using
• 6:03
  Walmart
• 6:04
  plus
• 6:04
  to
• 6:05
  do
• 6:05
  their
• 6:05
  online
• 6:05
  orders
• 6:06
  will
• 6:06
  start
• 6:06
  to
• 6:06
  use
• 6:07
  Walmart
• 6:07
  plus
• 6:07
  for
• 6:07
  their
• 6:08
  pharmacy
• 6:08
  business
• 6:08
  too.
• 6:09
  So
• 6:09
  if
• 6:10
  Walmart
• 6:10
  plus
• 6:10
  is
• 6:10
  already
• 6:11
  working
• 6:11
  to
• 6:11
  the
• 6:11
  degree
• 6:11
  that
• 6:12
  it
• 6:12
  is
• 6:12
  that's
• 6:12
  impacting
• 6:13
  grocery
• 6:13
  the
• 6:13
  way
• 6:13
  it
• 6:13
  is,
• 6:13
  you
• 6:14
  can
• 6:14
  sure
• 6:14
  as
• 6:14
  hell
• 6:15
  bet
• 6:15
  that
• 6:15
  it's
• 6:15
  going
• 6:16
  to
• 6:16
  have
• 6:16
  that
• 6:16
  same
• 6:16
  impact
• 6:16
  on
• 6:17
  CVS
• 6:17
  and
• 6:17
  Walgreens
• 6:18
  in
• 6:18
  the
• 6:18
  long
• 6:18
  run
• 6:18
  too,
• 6:19
  as
• 6:19
  they
• 6:19
  start
• 6:19
  to
• 6:19
  siphon
• 6:20
  off
• 6:20
  people
• 6:20
  from
• 6:21
  higher
• 6:21
  demographics.
• 6:22
  That's
• 6:22
  the
• 6:22
  beauty
• 6:22
  of
• 6:23
  this
• 6:23
  play
• 6:23
  here,
• 6:24
  I
• 6:24
  think.
• 6:24
  Totally.
• 6:25
  And
• 6:25
  Chris,
• 6:25
  the
• 6:26
  other
• 6:26
  thing
• 6:26
  that
• 6:27
  we
• 6:27
  did
• 6:27
  hear
• 6:27
  a
• 6:27
  lot
• 6:27
  about
• 6:28
  at
• 6:28
  FMI
• 6:29
  and
• 6:29
  you
• 6:29
  were
• 6:29
  asking
• 6:29
  this
• 6:30
  question
• 6:30
  repeatedly
• 6:31
  when
• 6:31
  some
• 6:31
  of
• 6:31
  these
• 6:32
  grocery
• 6:33
  retailers
• 6:33
  that
• 6:33
  we
• 6:33
  were
• 6:33
  talking
• 6:34
  about,
• 6:34
  we're
• 6:34
  talking
• 6:34
  about
• 6:34
  adding
• 6:35
  in
• 6:35
  food
• 6:36
  service
• 6:36
  and
• 6:36
  other
• 6:37
  elements
• 6:37
  to
• 6:37
  the
• 6:38
  app
• 6:38
  and
• 6:38
  how
• 6:38
  difficult
• 6:39
  it
• 6:39
  was
• 6:39
  to
• 6:39
  get
• 6:39
  that
• 6:40
  all
• 6:40
  in
• 6:40
  one
• 6:41
  seamless
• 6:41
  experience.
• 6:42
  I
• 6:42
  think
• 6:42
  that's
• 6:43
  another
• 6:43
  thing
• 6:43
  that
• 6:43
  Walmart's
• 6:44
  going
• 6:44
  to
• 6:44
  learn
• 6:44
  here.
• 6:44
  Now
• 6:44
  that
• 6:45
  this
• 6:45
  is
• 6:45
  integrated
• 6:46
  into
• 6:46
  my
• 6:46
  Walmart
• 6:47
  plus
• 6:47
  app,
• 6:47
  I'm
• 6:47
  getting,
• 6:48
  I
• 6:48
  can
• 6:48
  bundle
• 6:49
  these
• 6:49
  things
• 6:49
  together.
• 6:50
  This
• 6:50
  lays
• 6:51
  the
• 6:51
  groundwork
• 6:51
  for
• 6:51
  them
• 6:52
  to
• 6:52
  bundle
• 6:52
  other
• 6:52
  things
• 6:53
  in
• 6:53
  the
• 6:53
  future
• 6:53
  to
• 6:54
  continue
• 6:54
  to
• 6:55
  improve
• 6:55
  the
• 6:55
  value
• 6:56
  of
• 6:56
  a
• 6:56
  Walmart
• 6:57
  plus
• 6:57
  membership.
• 6:57
  Things
• 6:58
  like,
• 6:58
  you
• 6:58
  know,
• 6:58
  getting,
• 6:59
  you
• 6:59
  know,
• 6:59
  getting
• 7:00
  delivery
• 7:00
  from
• 7:00
  other
• 7:01
  categories
• 7:01
  within
• 7:02
  the
• 7:02
  Walmart
• 7:02
  store
• 7:03
  too,
• 7:03
  as
• 7:03
  you
• 7:03
  go
• 7:03
  through
• 7:04
  different
• 7:04
  times
• 7:04
  of
• 7:04
  year.
• 7:04
  Like
• 7:05
  maybe
• 7:05
  it's
• 7:05
  a
• 7:05
  garden
• 7:05
  center
• 7:06
  delivery,
• 7:07
  maybe
• 7:07
  it's
• 7:07
  a
• 7:07
  QSR
• 7:08
  component
• 7:08
  or
• 7:09
  maybe
• 7:09
  it's
• 7:09
  I
• 7:10
  or
• 7:10
  something
• 7:10
  else
• 7:10
  that
• 7:10
  they're
• 7:11
  doing
• 7:11
  in
• 7:11
  the
• 7:11
  space.
• 7:11
  Like
• 7:12
  they're
• 7:12
  starting
• 7:12
  with
• 7:12
  the
• 7:12
  most
• 7:13
  difficult
• 7:13
  area
• 7:14
  and
• 7:14
  that's
• 7:14
  being
• 7:14
  HIPAA
• 7:15
  compliant
• 7:16
  and
• 7:16
  getting
• 7:16
  all
• 7:16
  these
• 7:16
  prescriptions
• 7:17
  well
• 7:18
  fueled
• 7:19
  into
• 7:19
  that
• 7:20
  one
• 7:20
  app
• 7:20
  experience
• 7:21
  for
• 7:21
  the
• 7:21
  Walmart
• 7:21
  customer.
• 7:22
  And
• 7:22
  I
• 7:22
  think
• 7:22
  it's
• 7:22
  going
• 7:22
  to
• 7:22
  teach
• 7:23
  them
• 7:23
  a
• 7:23
  lot
• 7:23
  about
• 7:24
  how
• 7:24
  they
• 7:24
  can
• 7:24
  continue
• 7:24
  to
• 7:25
  add
• 7:25
  value
• 7:26
  for
• 7:26
  that
• 7:27
  seamless
• 7:27
  customer
• 7:28
  experience
• 7:28
  in
• 7:28
  the,
• 7:28
  the
• 7:29
  Walmart
• 7:29
  app
• 7:29
  or,
• 7:30
  or
• 7:30
  Walmart
• 7:30
  site.
• 7:31
  Yeah,
• 7:31
  the
• 7:32
  other
• 7:32
  point
• 7:32
  I'd
• 7:32
  make
• 7:32
  too
• 7:32
  though,
• 7:33
  I,
• 7:33
  I
• 7:33
  don't
• 7:33
  think
• 7:33
  the,
• 7:34
  I
• 7:34
  don't
• 7:34
  think
• 7:34
  the
• 7:35
  being
• 7:35
  able
• 7:35
  to
• 7:36
  combine
• 7:36
  your
• 7:37
  pharmacy
• 7:37
  order
• 7:38
  with
• 7:38
  your
• 7:38
  other
• 7:38
  general
• 7:39
  merchandise
• 7:39
  orders.
• 7:40
  I
• 7:40
  don't
• 7:40
  know
• 7:40
  how
• 7:40
  often
• 7:41
  that
• 7:41
  is
• 7:41
  going
• 7:41
  to
• 7:41
  happen.
• 7:41
  I
• 7:41
  think
• 7:42
  the
• 7:42
  value
• 7:42
  actually
• 7:43
  comes
• 7:43
  to
• 7:43
  Walmart
• 7:43
  and
• 7:44
  being
• 7:44
  able
• 7:44
  to
• 7:44
  scale
• 7:44
  their
• 7:45
  deliveries,
• 7:46
  you
• 7:46
  know,
• 7:46
  with
• 7:46
  more
• 7:47
  units
• 7:47
  going
• 7:47
  out
• 7:48
  the
• 7:48
  door
• 7:48
  and
• 7:49
  them,
• 7:49
  them
• 7:49
  being
• 7:50
  able
• 7:50
  to
• 7:50
  combine
• 7:50
  routes,
• 7:51
  I
• 7:51
  think
• 7:51
  that
• 7:51
  gives
• 7:52
  them
• 7:52
  efficiency
• 7:52
  here
• 7:53
  too,
• 7:53
  which
• 7:53
  is
• 7:53
  more
• 7:54
  the
• 7:54
  factor.
• 7:54
  I
• 7:54
  think
• 7:55
  it
• 7:55
  is
• 7:55
  a
• 7:56
  good
• 7:56
  benefit
• 7:56
  for
• 7:57
  some.
• 7:57
  But
• 7:57
  a
• 7:57
  lot
• 7:57
  of
• 7:57
  times
• 7:58
  when
• 7:58
  you're
• 7:58
  sick,
• 7:58
  you
• 7:58
  need
• 7:58
  your
• 7:58
  pharmacy
• 7:59
  order,
• 7:59
  you
• 7:59
  know.
• 8:00
  You
• 8:00
  know,
• 8:00
  I
• 8:00
  don't
• 8:00
  know
• 8:00
  how
• 8:01
  often
• 8:01
  that's
• 8:01
  actually
• 8:01
  happening
• 8:02
  where
• 8:02
  you're
• 8:02
  buying
• 8:02
  a
• 8:02
  pair
• 8:02
  of
• 8:03
  clothing,
• 8:03
  as
• 8:03
  you
• 8:04
  know.
• 8:04
  Oh,
• 8:04
  I'm
• 8:04
  not
• 8:04
  talking
• 8:05
  clothing.
• 8:05
  I'm
• 8:05
  talking
• 8:06
  chicken
• 8:06
  noodle
• 8:07
  soup.
• 8:07
  I'm
• 8:07
  talking,
• 8:08
  you
• 8:08
  know,
• 8:08
  orange
• 8:09
  juice.
• 8:09
  Like
• 8:09
  all
• 8:09
  these
• 8:10
  other
• 8:10
  things
• 8:10
  that
• 8:10
  you
• 8:11
  now
• 8:12
  make
• 8:12
  an
• 8:12
  extra
• 8:13
  trip
• 8:13
  to
• 8:13
  do,
• 8:14
  whether
• 8:14
  you're,
• 8:14
  you
• 8:14
  know,
• 8:15
  you're.
• 8:15
  It's.
• 8:15
  I
• 8:16
  think
• 8:16
  it
• 8:16
  gets
• 8:16
  back
• 8:16
  to
• 8:16
  the
• 8:16
  minute
• 8:17
  clinic
• 8:17
  thing.
• 8:17
  Like
• 8:17
  I
• 8:18
  can
• 8:18
  do
• 8:18
  that
• 8:18
  in
• 8:18
  a
• 8:18
  Walmart
• 8:19
  store
• 8:19
  if
• 8:19
  I
• 8:19
  can
• 8:20
  go
• 8:20
  get
• 8:20
  my
• 8:20
  strep
• 8:21
  test
• 8:21
  and
• 8:21
  then
• 8:21
  I
• 8:22
  can
• 8:22
  go
• 8:22
  get
• 8:22
  all
• 8:22
  the
• 8:22
  other
• 8:23
  medications
• 8:23
  that
• 8:23
  I
• 8:24
  need
• 8:24
  in
• 8:24
  that
• 8:24
  one
• 8:24
  trip
• 8:25
  without
• 8:25
  having
• 8:26
  to
• 8:26
  make
• 8:26
  another
• 8:26
  trip
• 8:26
  when
• 8:27
  I'm
• 8:27
  sick.
• 8:27
  Like,
• 8:27
  I
• 8:27
  think
• 8:28
  that's
• 8:28
  the
• 8:28
  benefit.
• 8:29
  Yeah,
• 8:29
  that
• 8:29
  that
• 8:29
  stuff
• 8:29
  will
• 8:30
  happen.
• 8:30
  When
• 8:30
  you
• 8:30
  said
• 8:30
  lawn
• 8:31
  and
• 8:31
  patio,
• 8:31
  I
• 8:31
  was
• 8:31
  like,
• 8:32
  well,
• 8:32
  you
• 8:32
  know,
• 8:32
  I
• 8:32
  don't
• 8:32
  know
• 8:33
  how
• 8:33
  much
• 8:33
  that's
• 8:33
  gonna
• 8:33
  go
• 8:33
  on.
• 8:34
  I'm,
• 8:34
  I'm
• 8:34
  just
• 8:34
  talking
• 8:35
  about
• 8:35
  down
• 8:35
  the
• 8:35
  road.
• 8:36
  Like
• 8:36
  it's
• 8:37
  not,
• 8:37
  it's
• 8:37
  not
• 8:37
  necessarily
• 8:38
  that
• 8:38
  you're
• 8:38
  gonna
• 8:38
  be
• 8:38
  combining
• 8:39
  an
• 8:39
  prescription
• 8:40
  order
• 8:40
  and
• 8:41
  patio.
• 8:41
  I'm
• 8:41
  just
• 8:41
  talking
• 8:42
  about
• 8:42
  the
• 8:43
  fact
• 8:43
  that
• 8:43
  the
• 8:43
  Walmart
• 8:44
  app
• 8:44
  is
• 8:44
  ready
• 8:44
  to
• 8:44
  accept.
• 8:45
  Gives
• 8:45
  you
• 8:45
  everything
• 8:46
  you
• 8:46
  need.
• 8:47
  Yeah,
• 8:47
  well,
• 8:47
  it
• 8:47
  gives
• 8:47
  you
• 8:48
  everything
• 8:48
  you
• 8:48
  need
• 8:48
  and
• 8:49
  it's
• 8:49
  already
• 8:49
  built
• 8:49
  to
• 8:50
  control
• 8:51
  or
• 8:52
  to
• 8:52
  allow
• 8:52
  for
• 8:53
  different
• 8:53
  types
• 8:53
  of
• 8:54
  orders
• 8:54
  to
• 8:54
  all
• 8:55
  take
• 8:55
  place
• 8:55
  in
• 8:56
  one
• 8:56
  application
• 8:57
  without
• 8:57
  having
• 8:57
  to
• 8:57
  leave.
• 8:58
  But
• 8:58
  Ben,
• 8:59
  last
• 8:59
  word
• 8:59
  here.
• 9:00
  Yeah,
• 9:00
  I
• 9:01
  mean
• 9:01
  the
• 9:01
  final
• 9:01
  thought
• 9:02
  I'd
• 9:02
  had
• 9:02
  on
• 9:02
  it,
• 9:02
  and
• 9:02
  I'd
• 9:03
  love
• 9:03
  to
• 9:03
  know
• 9:03
  what
• 9:04
  the
• 9:04
  conversation
• 9:05
  was
• 9:05
  at
• 9:05
  FMI
• 9:06
  last
• 9:06
  week
• 9:06
  around
• 9:06
  this.
• 9:07
  Because
• 9:07
  one
• 9:08
  of
• 9:08
  the
• 9:08
  big
• 9:08
  trends
• 9:08
  when
• 9:08
  we
• 9:09
  think
• 9:09
  about
• 9:09
  the
• 9:10
  U.S.
• 9:10
  grocery
• 9:10
  market
• 9:11
  in
• 9:11
  the
• 9:12
  short
• 9:12
  to
• 9:12
  more
• 9:13
  medium
• 9:13
  term
• 9:13
  is
• 9:14
  the
• 9:14
  impact
• 9:14
  that
• 9:15
  GLP1
• 9:15
  drugs
• 9:16
  will
• 9:16
  have.
• 9:17
  This
• 9:18
  move
• 9:18
  by
• 9:18
  Walmart
• 9:18
  will
• 9:19
  make
• 9:20
  more
• 9:20
  of
• 9:21
  their
• 9:21
  customers
• 9:21
  and
• 9:21
  more
• 9:22
  of
• 9:22
  their
• 9:22
  best
• 9:22
  customers
• 9:22
  go
• 9:23
  to
• 9:23
  Walmart
• 9:23
  for
• 9:23
  their
• 9:23
  Rx.
• 9:24
  Really
• 9:24
  interesting.
• 9:25
  They'll
• 9:26
  capture
• 9:26
  the
• 9:26
  data
• 9:27
  and
• 9:27
  then
• 9:27
  they'll
• 9:27
  know
• 9:27
  also
• 9:28
  what
• 9:28
  they're
• 9:28
  buying
• 9:28
  in
• 9:28
  grocery
• 9:29
  because
• 9:29
  the
• 9:29
  category
• 9:30
  changes
• 9:30
  are
• 9:31
  going
• 9:31
  to
• 9:31
  happen,
• 9:31
  which
• 9:32
  can
• 9:32
  then
• 9:32
  drive
• 9:33
  the
• 9:33
  flywheel
• 9:33
  of
• 9:33
  better
• 9:33
  merchandising
• 9:34
  and
• 9:35
  better
• 9:35
  store
• 9:35
  propositions.
• 9:36
  It
• 9:36
  gets
• 9:36
  them
• 9:36
  one
• 9:37
  step
• 9:37
  ahead
• 9:37
  on
• 9:37
  what
• 9:37
  could
• 9:38
  be
• 9:38
  one
• 9:38
  of
• 9:38
  the
• 9:38
  biggest
• 9:39
  trends
• 9:39
  coming
• 9:39
  down
• 9:40
  the
• 9:40
  road
• 9:41
  in
• 9:41
  U.S.
• 9:41
  grocery.
• 9:42
  Yeah.
• 9:42
  And
• 9:43
  what's
• 9:43
  the
• 9:43
  biggest
• 9:43
  and
• 9:43
  what's
• 9:44
  the
• 9:44
  income
• 9:44
  demographic
• 9:44
  most
• 9:45
  likely
• 9:45
  to
• 9:45
  move
• 9:45
  into
• 9:45
  GLP1?
• 9:46
  Drugs
• 9:46
  first.
• 9:47
  Right.
• 9:47
  Higher
• 9:47
  income
• 9:48
  people
• 9:49
  might
• 9:49
  drop
• 9:50
  by.
• 9:50
  Ben,
• 9:50
  at
• 9:50
  the
• 9:50
  end.