Walgreens Boots CEO: 'We Are Not Worried About Amazon
The chief executive of Walgreens Boots Alliance, Stefano Pessina, has told the World Retail Congress that he believes Amazon’s entry into the pharmacy sector is unlikely, due to the level of regulation therein.
“I think it would take many years for them to enter the pharmacy market,” Pessina told the audience at the Congress, held in Madrid, which concluded yesterday.
“I have a lot of respect for Amazon, and a lot of respect for Jeff Bezos, but I believe it will not enter a market that is as regulated as this one.
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