Through the pandemic, pharmacies have been an e-commerce resistant segment of the real estate market. But that could be changing with a new announcement from Amazon.
The e-commerce giant announced the launch of a new store, called Amazon Pharmacy, which will allow customers to complete an entire pharmacy transaction on their desktop or mobile device through the Amazon App. The platform will enable customers to add their insurance information, manage prescriptions and choose payment options before checking out. Prime members will receive unlimited, free two-day delivery on orders from Amazon Pharmacy included with their membership.
Prime members will also be able to access savings on medications at Amazon Pharmacy when paying without insurance and at over 50,000 other participating pharmacies nationwide. Separately, Amazon offers PillPack, which provides pre-sorted dose packaging.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
