Walgreens expands prescription delivery program nationwide

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Walgreens Boots Alliance is expanding home deliveries for prescriptions across the nation, joining rival drugstore chain CVS Health as stores continue adjusting to consumer preferences for on-line and delivery services.

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Walgreens also will team up with FedEx to deliver prescriptions as soon as the next day for a $4.99 fee, the drug store chain said Thursday.

The Deerfield, Illinois, company is offering same-day deliveries in several cities, including Chicago, New York and Dallas. Walgreens started offering deliveries in several markets in October.

TickerSecurityLastChange%Chg
WBAWALGREENS BOOTS ALLIANCE INC.82.44+0.63+0.77%
CVSCVS HEALTH CORPORATION74.50+1.09+1.48%
FDXFEDEX CORPORATION188.27-1.38-0.73%

Last year Walgreens and FedEx launched a partnership where the drugstore chain started providing package drop-off and pick-up services at thousands of stores.

Shares of Walgreens were down more than 1 percent as the broader market extended its losses. Shares of CVS Health tumbled 4 percent.

Both companies said delivery services are faster options than mail-order prescription programs.

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The moves are part of a host of actions by brick-and-mortar retailers competing against Amazon.com.

CVS Health and Walgreens Boots Alliance both operate more than 9,000 U.S. locations.

The Associated Press contributed to this story.