Kroger Offloading Specialty Pharmacy Suggests Sometimes Less Is More
KRKroger(KR) PYMNTS·2024-03-23 04:53

With Kroger selling off its specialty pharmacy business, it seems that retailers’ efforts to pack more and more into their stores may not always be the right move. The Kroger Company announced plans to sell the business to CarelonRx, a subsidiary of Elevance Health, earlier this week, with the sale expected to close in the second half of the year. “As part of our regular review of assets, it became clear that our strong specialty pharmacy business unit will better meet its full potential outside of our busi ...