Skip to main content
  1. News
  2. Top News

CVS drugstores to stop selling tobacco products

See also

CVS Caremark, the United States’ second largest drugstore chain, is now phasing out the sale of cigarettes, cigars, and chewing tobacco products. The CVS drugstore plans to have all tobacco products out of its stores by Oct. 1, 2014, according to a Yahoo! News report on Wednesday.

The removal of tobacco products will reportedly cost the company about $2 billion in annual revenue. However, it will not have an effect on its annual earnings forecast for this year.

Officials at CVS Caremark assert that taking tobacco products out of the drugstores will assist the company in growing as a business designed to improve its customers’ health by working with doctors, hospitals, and other care providers.

Larry Merlo, the CEO of CVS Caremark Corp., said that the company came to the conclusion that cigarettes have no place in a setting where health care is being delivered. He also said that chronic conditions are made worse by smoking.

The report says that CVS Caremark and other major drugstore chains, such as Walgreens, have gone as far as bringing health clinics into their businesses to promote health care for its customers.

Advertisement

News

  • Ferry disaster claims 156 lives
    156 bodies has been recovered from the capsized Korean ferry, but more are still missing
    Video
    Watch Video
  • Afghan guard kills 3 American doctors
    An Afghan guard kills 3 American doctors in a hospital in Kabul
    Top News
  • FDA to restrict e-cigarettes
    The FDA announces they will soon place restrictions on electronic cigarettes
    Health News
  • Christie hates on Colorado
    Chris Christie desperately slams marijuana and Colorado's 'illicit' quality of life
    Headlines
  • Georgia's new gun law
    Georgia's governor signs a bill that allows you to carry a gun pretty much anywhere
    Politics
  • Gospel song saves kidnapping victim
    A kidnapped 10-year-old annoys his abductor with gospel music enough to be set free
    Strange News

Related Videos:

  • North American Bancard takes top industry honors
    <iframe width="560" height="315" src="//www.youtube.com/embed/hJJUUblIR90?VQ=HD720&amp;autoplay=1"></iframe>
  • Four Colorado fourth graders are in trouble for dealing marijuana at school
    <div class="video-info" data-id="518207769" data-param-name="playList" data-provider="5min" data-url="http://pshared.5min.com/Scripts/PlayerSeed.js?sid=1304&width=480&height=401&playList=518207769&autoStart=true"></div>
  • Mars mission 'necessary' for survival of humanity: NASA chief
    <div class="video-info" data-id="518208411" data-param-name="playList" data-provider="5min" data-url="http://pshared.5min.com/Scripts/PlayerSeed.js?sid=1304&width=480&height=401&playList=518208411&autoStart=true"></div>

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about Examiner.com and apply today!