Walmart is making significant strides in the healthcare sector through the expansion of its Walmart Health centers, which aim to provide more accessible and affordable healthcare services. By the end of 2024, the company plans to open 28 new centers, bringing its total to over 75 locations across the United States. This expansion includes new facilities in Missouri and Arizona and a broader presence in Texas, particularly in major metro areas like Dallas and Houston.

These centers are located inside Walmart Supercenters, offering a variety of services such as primary care, dental, behavioral health, and more. The strategy is centered on integrating healthcare with its retail operations, leveraging Walmart's extensive physical footprint—90% of the U.S. population lives within 10 miles of a Walmart. This allows them to attract patients who may find traditional healthcare systems less accessible.

The expansion reflects Walmart's ambition to diversify beyond retail, positioning itself as a key player in the growing market for convenient healthcare. The move could provide a new revenue stream and bolster the company's market position amid competition from other retail giants like CVS and Amazon, which have also made strides in healthcare services.

By offering quality care at a lower price point, Walmart aims to increase its customer base, potentially leading to a positive impact on its stock as it taps into this new market segment.