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Walmart To Expand The Number Of COVID-19 Testing Facilities At Its Parking Lots

By John F. Heerdink, Jr.

Reportedly, Walmart Stores, Inc. (WMT) to continue to expand COVID-19 testing facilities in its store parking lots.

“We have got about 180 sites that are doing coronavirus testing today. We just launched a site last week where we can do coronavirus testing at the drive-thru at a neighborhood market pharmacy in a safe way. We would like to do antibody testing now, when we think the process is right” stated Walmart U.S. CEO John Furner.

Currently, Walmart along with Target, CVS Health is using the traditional nasal swab approach for COVID-19 testing, but is likely to evolve in the coming months with antibody testing. The retailer announced COVID-19 testing initiative on March 13, and has continued in its efforts to expand the same.

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites. To learn more about Walmart (WMT) and to continue to track its progress please visit the Vista Partners Walmart Coverage Page

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: Walmart plows ahead with COVID-19 testing, and possibly antibody testing soon in Yahoo Finance)


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