CVS to Ditch All Tobacco Products
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It says 1.5 billion in revenue but it doesnt list what the margins are for that. I doubt this is anything to do with CVS wanting to be "healthy" and more of the fact that they don't make any money off of it. How often do you say I need some tobacco lets go hit the cvs? They might get people that buy it while they are in there picking up meds but they don't have the customers coming back for it like gas stations do.
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"The White House immediately praised the decision. President Obama, who has been a smoker, hailed it as a "powerful example" that could help millions of Americans quit smoking."
"Today's decision will help advance my administration's efforts to reduce tobacco-related deaths, cancer, and heart disease, as well as bring down health care costs--ultimately saving lives and protecting untold numbers of families from pain and heartbreak for years to come," Obama said.
http://www.nationaljournal.com/healt...ettes-20140205
Ironically, rumor has it that President Obama still smokes cigarettes.Last edited by trebli; 06-02-14, 02:54 AM.
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