Want to pick up a pack of cigarettes with your prescription refill? Well a major pharmacy chain is breaking that habit.
In a big announcement Wednesday, CVS Caremark announced it will stop selling cigarettes and other tobacco products in stores by October 1st.
The nation's second-largest drugstore chain said Wednesday that it will phase out cigarettes, cigars and chewing tobacco by October 1st, a move that will cost about the company about $2 billion dollars. Like other major drugstore chains, CVS has been adding clinics to their stores and expanding their health care focus for several years now.
"I think that we need to restrict tobacco availability to make sure that people are healthy, and I don't think that a health store chain has any business selling tobacco products," said Craig Stewart.
The company's tobacco plan also drew praise from President Barack Obama, who said in a statement that he applauded the news.
"As one of the largest retailers and pharmacies in America, CVS Caremark sets a powerful example, and 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..." said President Obama.
But some still question the impact that this move will have on consumers.
"I can kinda understand where their coming from if their supposed to be a health care store, then yeah by all rights get rid of the cigarettes, but get rid of everything else too that's not healthy," said Wendy Davis.
"Its always going to be split. If you a smoker you're obviously going to have that opinion of oh I want another cigarette, and if you're not a smoker you're just going to be all for it," said Colton Silcott.
According to financial experts, on its own, this CVS move won't hurt cigarette companies that much. Drugstores overall account for only 4% of cigarettes sold, which seems to pale in comparison to gas stations, which generate nearly half of those sales.
Feb 06, 2014 at 12:40 PMSo did Obama administration offer them an incentive, like taxpayers making up the difference they'll lose in profits after smokers stop frequenting their stores? It's not like they are the only stores in town that sell tobacco products. I don't smoke but will boycott them myself because as an American who doesn't like others trying to tell someone else what they shouldn't be doing or should be doing, will side with the smokers. Guess all my prescriptions get switched to Rite-Aid or Walmart or Krogers, etc....there's plenty of 'choices.'
I see a taxpayer 'bailout' coming for CVS soon. This administration 'rewards' socialist compliance and I guess the IRS goes after those who do not. At least it has been reported/confirmed in the news this has been happening. No wonder the democrats are resigning, leaving their party behind and/or just not running again. What's next? Cookies? Candy? How about not selling all that Valentine's Day candy CVS??? Don't you know sugar and candies contribute to obesity?? But I bet their ads that week show GREAT DISCOUNTS on boxes of candy, eh?? What about soda pop? Nothing but pure sugar. And wine? Beer? When does the ignorance and arrogance stop? I'll tell you when! When voters say ENOUGH! And go vote!! Which we will.
Feb 05, 2014 at 9:47 PMIf they are concerned about our health, do they have beer, wine and other alcoholic beverages to sale. They should get rid of everything that effects our health.