Walgreens CFO Downplays Amazon’s Role in Pharmacy Industry
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Walgreens Boots Alliance’s finance chief downplayed the impact of Amazon.com Inc. just days after the internet giant’s push into online pharmacy sent shares of pharmacies and drug distributors reeling.
While Amazon is a formidable competitor, at this point it’s only a mail pharmacy, Walgreens Chief Financial Officer James Kehoe said Thursday at the Wolfe Healthcare Conference.