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CVS will stop all tobacco sales by October

CVS will stop all tobacco sales by October
Posted February 5th, 2014 @ 9:09am by Evann Gastaldo, Newser Staff

(NEWSER– A sea change in CVS policy: By October 1, America's biggest pharmacy chain will no longer sell any tobacco products, parent company CVS Caremark announced today in what CEO Larry Merlo calls the "right thing for us to do." "We’ve got 26,000 pharmacists and nurse practitioners who are helping millions of patients each and every day," explains Merlo. "They manage conditions like high blood pressure, high cholesterol, and diabetes—all conditions that are worsened by smoking. We’ve come to the decision that cigarettes have no place in an environment where healthcare is being delivered." CVS is the first retailer ever to drop tobacco, Forbesreports—a move that will cost the company $2 billion in annual sales.

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