Discount chain Dollar General announced on Wednesday that it has hired its first chief medical officer to expand its product range to provide healthcare products including cold medicine and dental supplies.
This Tennessee-based chain has never offered healthcare products. Due to lack of choice, many consumers in rural areas rely on the dollar generals. Some people ask retailers to add more affordable healthcare products.
“Our goal is to build and enhance affordable healthcare services for our customers, especially in the rural communities we serve,” CEO Todd Vasos said in a press release Say.
Dollar General stated that Dr. Albert Wu will serve as chief medical officer. Wu helped provide healthcare products to rural patients while working at McKinsey & Company.
Wu’s first focus will be on building relationships with companies that create products.
Many of the 17,500 stores nationwide have recently been upgraded, including fresh produce and meat. These stores also plan to add space for health care products and food refrigeration rooms.
Dollar General worked with the Virginia Department of Health to add free COVID-19 tests to selected locations.
The Dollar General plan provides options for private-label healthcare products.
General Dollar ( $DG ) Climbed as the company expanded its healthcare products and appointed chief medical officer.https://t.co/n2A2DO5vBz
— TheStreet (@TheStreet) July 7, 2021