**Walmart Expands Same-Day Pharmacy Delivery, Boosting Stock and Shaking Competitors**

In a strategic move that has shaken the retail and pharmacy sectors, Walmart has announced the expansion of its same-day pharmacy delivery service across the United States. Currently available in six states, this service will be extended to 49 states by the end of January. The news has propelled Walmart's stock up by 1.5%, setting it on a path to reach a new record high.

The expansion of Walmart's delivery service comes as a blow to traditional drugstore chains. CVS Health has seen its stock drop 2.2% in recent trading, contributing to a cumulative 12.5% decline over the past four days. Walgreens has also been significantly impacted, with its stock plunging by 7.5%, following a 3.2% loss earlier in the week.

Amazon, which also offers a same-day pharmacy delivery service, saw a more modest 1.3% increase in its stock. The competitive pressure from these retail giants is reshaping the landscape for traditional pharmacies, forcing them to reconsider their strategies.

Walmart's recent performance has been nothing short of stellar. The company's stock is on track for its second record close this month and its 21st record in the past two months. This impressive performance has cemented Walmart's position as the Dow’s best performer this year, boasting a 56.2% gain in 2024. Trailing behind Walmart is 3M, with a notable 45.8% increase in its stock.

As Walmart continues to innovate and expand its services, the retail giant shows no signs of slowing down. The impacts of its nationwide same-day pharmacy delivery expansion will likely reverberate across the market, challenging competitors to keep pace in this rapidly evolving industry.