How Safe Is Walgreens Boots Alliance and Its Dividend?
Walgreens Boots Alliance (NASDAQ: WBA) is a retail pharmacy giant that owns thousands of stores across the U.S. The 120-year-old company has become a household name for many Americans. But its business model is facing some serious challenges, especially as more consumers turn to online resources for healthcare services and prescriptions. Amazon, which is increasingly focusing on the healthcare market, is just one tech player looking to disrupt the pharmacy sector with its new service, Amazon Pharmacy.
But Walgreens is adapting and making changes in the hopes that its in-store offerings will become more attractive to consumers -- but will the strategy pay off? If it doesn't, that could make Walgreens a risky investment and may even put its impressive streak of dividend increases in danger.
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Source Fool.com
