In a move that will cost the company $2 billion in sales a year, CVS/Caremark will no longer sell cigarettes and other tobacco products beginning in October.
The country’s largest drugstore chain has overall sales of $123 billion, and has been transitioning towards becoming more of a health care provider, rather than a general retail outlet.
“We have about 26,000 pharmacists and nurse practitioners helping patients manage chronic problems like high cholesterol, high blood pressure and heart disease, all of which are linked to smoking. We came to the decision that cigarettes and providing health care just don’t go together in the same setting,” said CEO Larry J. Merlo. Read more at The New York Times.
{Andy Heller-Matzav.com Newscenter}
What a bunch of losers! They folded like a cheap camera! I will never shop there again!
If they were making good money off of cigarettes, they would not stop selling them. Its a business move; follow the money.
Ahem, #1,
Smokers are the real losers, as are their families!
their loss
Smoking killed my father at a young age. I approve of this 100%. Who cares what their motivation is? It will save lives.