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11 Biggest Walgreens Competitors In 2022 (Your Full Guide)
Walgreens Boots Alliance owns Walgreens, the second-biggest pharmacy chain in the United States with 8,951 stores and revenue of $139.5 billion in 2020.
CVS Health is Walgreens’ biggest rival, with CVS still the country’s largest pharmacy company as of 2022. Walgreens is also a competitor to Rite Aid and Target as well as Walmart, Walmart, Kroger, and Walmart. Each of these businesses offer generic services as well as general merchandise. Express Scripts acquired Cigna’s Walgreens in 2018.
CVS is Walgreens’ principal competitor. It also has the most extensive pharmacy network in America with 9954 locations.
CVS has the same services available as Walgreens.
Rite Aid in the United States is a drugstore chain that rivals Walgreens. Rite Aid operates 2,427 locations spread across 17 states.
Walgreens also competes in pharmacies, including pick-up and mail-in, as well has a section for retail and photo services.
Rite Aid also reported that 2020 revenues topped $21.928 Billion.
Kroger is the biggest supermarket chain in the United States, going by revenue. Kroger competes with Walgreens when it comes to general merchandise and pharmacy services.
The Kroger chain has around 3000 stores across the country, with almost every location having a pharmacy.
Kroger has many other healthcare products available in its stores. If you are uninsured or don’t have any insurance, a prescription discount will save you money.
Kroger has reported $132.5billion revenue in 2020. It is also lower than Walgreens. Walgreens, however, offers a lower product selection overall.
Walmart is a large retail firm that rivals Walgreens, in pharmacy services as also other household products.
Walgreens and Walmart are significantly more expensive when it is concerned with prescription drugs, general merchandise, or both.
McKesson is an American wholesaler of prescription products. It is also the fourth-largest chain pharmacy in America.
On top of that, McKesson provides medical supplies, offers care management, and is in the health information technology sector.
It is still an option to Walgreens. There are more than 5k locations in Health Mart.
McKesson had an estimated revenue of $231.051 trillion for 2020. This shows just how influential McKesson is as a distributor for pharmaceuticals.
Target, one of America’s largest retail chains, is also a rival to Walgreens for general retail and pharmacy services.
It has over 1,926 stores in the United States. Customers can get prescription drugs at a discount and almost all Target stores have an available pharmacy.
Further, Target’s revenue in 2020 topped $93 billion as it continues to expand its presence and grow its eCommerce division.
Express Scripts has been acquired by Cigna by Walgreens in 2018.
Cigna also reported $160.4 million in revenue for 2020. This was primarily because of Express Scripts.
OptumRx, a UnitedHealth Group company, offers prescription delivery at home, specialty pharmacy services and network connections with retailers.
OptumRx generated $136.3 billion in revenue in 2020. This proves it is an industry leader for home pharmacy services, where you can take care of your health from the comfort of your home.
Albertsons, a supermarket chain, offers pharmacy services. It competes with Walgreens for health products, pharmacy and retail services.
Nearly every Albertsons store has a pharmacy.
It has 389 stores in the United States. This makes it a popular choice for people with both grocery and pharmacy needs.
Additionally, Albertsons posted revenue of $69 billion for 2020, which is decent for a company with fewer locations than most other pharmacy and grocery stores.
Costco has a similar wholesale business model to Walgreens. It offers general merchandise, pharmacy services and in-store beauty and health products.
Costco also has over 550 stores across 48 states. It’s easily available to everyone, regardless of where they live.
Costco’s 2020 revenue was $163.22 Billion. The company is growing as consumers find wholesale retailers to be the most cost-effective way to save their money.
Publix is a competitor to Walgreens because it provides pharmacy services and general merchandise in its stores.
Publix is also available in more than 1300 locations around the United States. It offers affordable prescriptions.
Publix reported that its revenue in 2020 was $44.9 million. Publix is known for providing excellent customer service and loyal customers.
We have many posts that will help you to understand Walgreens.
CVS Health is Walgreens’ main rival, while Walgreens has remained loyal to CVS Health for many years. CVS still holds the title of the United States’ biggest pharmacy.
Walgreens is also competing with Rite Aid in America, a pharmacy that sells almost the same products and services as CVS.
Walgreens has been challenged by Walgreens. Target, Kroger Walmart, Walmart, Target, and Publix all offer lower-cost prescriptions to treat common health issues.
.11 Biggest Walgreens Competitors In 2022 (Your Full Guide)