February 5, 2014

Despite $2 Billion Revenue Hit

1 CVS Will No Longer Sell Tobacco Products

The pharmacy chain CVS Caremark announced that it will stop selling cigarettes and other tobacco products at its 7,600 stores nationwide as of October 1. The company, which operates the largest U.S. pharmacy chain based on total prescription sales, believes that offering tobacco products creates a "paradox that we face as an organization" and is "inconsistent with our purpose," which is providing health improvement products and services to its customers, according to company president and CEO Larry J. Merlo. The company expects to take a $2 billion loss in revenues from tobacco customers, but will continue to sell smoking-cessation items such as nicotine gum and patches. In response, a Walgreens pharmacy spokesman stated that it is re-evaluating its sale of tobacco products as well.

More at Cnn.com | Posted 4 years ago by Robert S. Wieder

Previously: Kicking Cigarettes Just Got Easier

Tags: Quitting Smoking, CVS Halting Tobacco Sales, CVS Pharmacies, Anti-Smoking Measures, CVS Caremark

Comment on This | Was this Interesting? Yes! (50%) / No! (51%)

Walgreens, Rite-Aid Respond

2 Will Retailers Follow CVS, Stop Selling Cigs?

Hoping to set an example for other retailers, CVS has decided to stop selling cigarettes. CVS is the first big pharmacy chain to stop offering cigarettes, and it's possible the move may put pressure on other pharmacy chains to also stop selling cigarettes. CNN reports that both Rite-Aid and Walgreens noted that they offer products to help people stop smoking. Walgreens, which runs the Duane Reade chain, says that they have been evaluating tobacco sales "for some time," and they intend to continue that practice. However, both Dollar General and Family Dollar both recently added tobacco products.

More at CNN | Posted 4 years ago by Peggy Rowland

Previously: CVS Will No Longer Sell Tobacco Products

Tags: CVS Stops Selling Cigarettes, Where Buy Cigarettes, Walgreens Still Sells Cigarettes, Rite-Aid Cigarettes

Comment on This | Was this Interesting? Yes! (54%) / No! (46%)

Too Far to Walk

3 CVS: Death Knell Event for Tobacco Industry?

The decision by CVS to stop selling cigarettes may aid in cutting smoking rates substantially, some health experts advise. Thomas Glynn, director of cancer science and trends for American Cancer Society, says the move is "one of those death knell events the tobacco industry has feared for some time." USA Today reports that research has shown that making cigarettes just slightly less accessible (like having to walk two extra blocks) can have a measurable impact on the decision to smoke, particularly for kids. Thomas Frieden, director of the CDC, believes that the "days of the tobacco industry are numbered," reports USA Today. He notes that about 50 million Americans who have smoked have already quit, and the majority of the remaining 42 million smokers want to quit.

More at USA Today | Posted 4 years ago by Peggy Rowland

Previously: Dangers of Third-Hand Cigarette Smoke

Tags: Cigarette Alternatives, Cigarette Smoking, CVS Halting Tobacco Sales, CVS Stops Selling Cigarettes

Comment on This | Was this Interesting? Yes! (43%) / No! (57%)

Airlines Told to Watch Out

4 Toothpaste Bomb Warning for Russian Flights

U.S. and international airlines with direct flights into Russia have been warned by U.S. officials to be aware of the possibility of bombs inside toothpaste and cosmetic tubes, reports CNN. There is no known threat to the U.S. The warning to airlines with flights into Russia is based on new intelligence gathered before the beginning of the Olympics in Sochi. However, the Obama administration hasn't said that it isn't safe to travel to the Olympics in Sochi. As the Olympics open, several world leaders will be absent, including President Obama, President Francois Hollande, Prime Minister David Cameron and Chancellor Angela Merkel.

More at CNN | Posted 4 years ago by Peggy Rowland

Previously: Olympics French Fry Monopoly for McDonald's

Tags: Toothpaste Bombs, Olympics 2014, Sochi 2014, Airplane Toothpaste Bomb Warning Flights Russia

Comment on This | Was this Interesting? Yes! (54%) / No! (46%)

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