Walmart (WMT) said Tuesday will close health centers it opened in five states and shutter its telehealth business, as expenses around building a network of low-cost health clinics increase.

The retailer said it is closing all 51 health centers it had first launched in 2019, although the company said it will continue to provide health 🐎and wellness services in its 4,600 pharmacies and more than 3,000 Vision Centers.

Walmart said in a statement that the business model🧸 for the clinics was “unsustainab⭕le.”

“This is a difficul༺t decision, and like others, the challenging reimburse꧟ment environment and escalating operating costs create a lack of profitability that make the care business unsustainable for us at this time,” the retail giant said.

Walmart L💛aunches Grocery Line to Capitalize on Inflation

Separately, the big-box retailer also said Tuesday it is launching a new grocery brand called BetterGoods, in its latest push to increase its in-house product lines as the 澳洲幸运5官方开奖结果体彩网:disposable income squeeze🦩 created by inflation continues to hit consumers.

Most of the 300 products it will sell, which include pasta and chocolate, will be priced at under $5 each, the company said.

Consumers have been increasingly switching to cheaper private-label goods at low-priced chains in recent years amid elevated grocery prices. Walmart has been a benefi🌠ciary of that trend by launching in-house brands.

Walmarﷺt shares were down 1.46% at 1:35 p.m. E🐈astern Time.