Walmart Aims to Regain Healthcare Lead Over Amazon | PYMNTS

With Amazon having just recently pulled ahead of Walmart in health and wellness, the latter is looking to regain its lead by expanding its presence in the space.

The retailer is adding 18 more Walmart Health centers in Texas this year alone, per a Wednesday (April 10) announcement, on top of the existing four locations in the state.

“We are excited to deepen Walmart Health’s presence in Texas beginning in April in Houston and Dallas-Fort Worth,” David Carmouche, senior vice president of healthcare delivery at Walmart, said in a statement. “With the population of Texas continuing to grow, these Walmart Health centers will help address the demand for easy to access care for all seniors and their families.”

The company operates these health centers, which offer a range of health services, in six states, with 50 existing locations.In fact, healthcare is one area where Walmart comes closer to holding its ground against Amazon for consumers’ spending than other sectors, though Amazon’s market share continues to rise, according to the latest edition of PYMNTS Intelligence’s “Whole Paycheck Report: New Consumer Spend Data Finds Amazon Way Ahead of Walmart.”

The study estimates each of the two retailers’ market shares in various categories based on their earnings reports from Q1 2019 through Q4 2023, in conjunction with national data from the U.S. Census Bureau and Bureau of Economic Analysis. Findings showed that, as of Q4 2023, Amazon held a 4.4% share of total consumer spending, while Walmart held 3%.

Source: Walmart Aims to Regain Healthcare Lead Over Amazon

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