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Beyond pharmacy services, Walgreens operates a retail segment that includes snacks, beauty products, and everyday essentials. However, these offerings contribute less to the company's revenue than they once did. Economic factors such as inflation have made consumers more price-conscious, leading them to opt for discount retailers like Walmart and Target. Additionally, the rise of e-commerce has shifted consumer preferences away from physical stores, challenging Walgreens’ core convenience store model. With declining foot traffic due to fewer prescriptions being filled, the retail side of Walgreens is increasingly at risk.