Therapy in aisle 6... Walmart's making it happen. The chain subtly updated its website last week to include hearing, vision, dentistry, and mental health services for $59-$99. The pilot stealthily starts on September 13th at one Georgia location as Walmart tests the concept. With 140M American visitors every week and 1.5M employees, it could actually democratize doctor access like it did tube socks.
"Peloton sells happiness."... The privately-held workout-tech unicorn stuck that in its IPO paperwork as it plans to go public. Peloton makes nearly 80% of its money from selling $2K bikes or $4K treadmills — the rest rolls in from $39 monthly video subscriptions to its streaming fitness classes. It lost $196M last year, but we were impressed by the loyalty of the 500K+ Pelotonistas: Only 0.65% of customers end their subscription each month.