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home / articles / XLP - Walmart Explores Sale Of Closed Health Clinics To Recoup Investments: Report | Benzinga


XLP - Walmart Explores Sale Of Closed Health Clinics To Recoup Investments: Report | Benzinga

Walmart Inc. (NYSE:WMT) has reportedly entered discussions with prospective buyers to offload its recently closed medical clinics.

In April, Walmart announced the shutdown of all 51 of its health clinics and terminated its virtual healthcare services, citing the unsustainable nature of the business model.

The retail giant is now exploring options to recover some of its investments in the clinics, engaging in conversations with various entities, including health insurance company Humana Inc. (NYSE:HUM), reported Reuters.

Walmart has expressed its aim ...

Full story available on Benzinga.com

Stock Information

Company Name: SPDR Select Sector Fund - Consumer Staples
Stock Symbol: XLP
Market: NYSE

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