FatFreddysCat profile image 94

What do you think of CVS' tobacco decision?


The CVS pharmacy chain has announced that they will stop selling tobacco products in their stores by year's end, saying that selling tobacco is contrary to their mission of keeping customers healthy. Is this a smart business move? The chain estimates that they will be giving up $1.5 billion in sales.

 
This question is closed to new answers.

sort by best latest

Georgie Lowery profile image95

Best Answer Georgianna Lowery (Georgie Lowery) says

You can help the HubPages community highlight top quality content by ranking this answer up or down.

3 years ago
  • FatFreddysCat profile image

    Keith Abt (FatFreddysCat) 3 years ago

    From what I understand they estimate that they'll lose around $2 billion a year in sales, but since they supposedly take in over $100 billion a year they can take the hit.


  • See all 2 comments
bethperry profile image90

Beth Perry (bethperry) says

You can help the HubPages community highlight top quality content by ranking this answer up or down.

3 years ago
  • FatFreddysCat profile image

    Keith Abt (FatFreddysCat) 3 years ago

    I heard on the radio this morning that customers are now petitioning CVS to remove diet sodas, fattening snack foods, and other "unhealthy" items from their stores. They may have meant well, but they may have opened Pandora's Box with this decision


  • See all 3 comments
Bartney Money profile image60

Bartney Money says

You can help the HubPages community highlight top quality content by ranking this answer up or down.

3 years ago
  • FatFreddysCat profile image

    Keith Abt (FatFreddysCat) 3 years ago

    It'll be interesting to see if the other drug store chains (Walgreens, Rite Aid, etc.) eventually follow in their footsteps.