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Drugstore chain CVS to sacrifice $2 billion by banning cigarette, tobacco sales
Wow. I never thought I'd see THAT in my lifetime.
Of course, while plenty of people will be applauding this move, I can imagine others will attack them for denying them the "freedom" to smoke, as well as pointing out the inconsistency of banning tobacco sales while still selling candy, salty snacks, alcohol and soda, which is a good point, actually. People will still be able to ruin their health by buying stuff at CVS.
CVS Caremark, the nation’s second-largest drugstore chain, announced on Wednesday that they will suspend all cigarette and tobacco sales in their 7,600 stores by Oct. 1, the L.A Times has reported.
The dramatic move by one of the country’s biggest healthcare companies, which said it is giving up about $2 billion in annual sales, or about 1.6% of the company’s 2012 revenues, comes after years of pressure from public health advocates and medical providers.
In a statement, Larry J. Merlo, the president and chief executive officer of CVS Caremark, said “As the delivery of healthcare evolves with an emphasis on better health outcomes, reducing chronic disease and controlling costs, CVS Caremark is playing an expanded role in providing care,” He added. “Put simply, the sale of tobacco products is inconsistent with our purpose.”
Wow. I never thought I'd see THAT in my lifetime.
Of course, while plenty of people will be applauding this move, I can imagine others will attack them for denying them the "freedom" to smoke, as well as pointing out the inconsistency of banning tobacco sales while still selling candy, salty snacks, alcohol and soda, which is a good point, actually. People will still be able to ruin their health by buying stuff at CVS.