Dow Jones
March 14, 2008
DOW JONES NEWSWIRES
Wal-Mart Stores Inc. Friday said it has saved U.S. consumers more than $ 1 billion with its $4 prescription plan.
John Agwunobi, senior vice president and president of health and wellness at the retailing giant, noted that the plan had further-reaching implications because many of Wal-Mart's competitors cut their prescription prices as well.
He added that $4 prescriptions now represent about 40% of all filled prescriptions at Wal-Mart, and that almost 30% of $4 prescriptions are filled without insurance, compared with 10% in the industry.
-Michelle Donley; 415-439-6400; AskNewswires@dowjones.com
When the new Wal-Mart Supercenter opened in Columbia earlier this fall, it provided job opportunities for more than 200 people...