CVS To Cease Sale Of Tobacco Products By October 1 Losing $2 Billion In Revenue

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Kudos to CVS for caring more about their customers’ healthy than money.

According to Business Week:

CVS Caremark (CVS:US), the largest provider of prescription drugs in the U.S., plans to stop selling cigarettes and tobacco-related products across the nation by Oct. 1 in an effort to support the health of its patients and customers.

CVS, operator of 7,600 pharmacy stores in the U.S., would be the first national pharmacy chain to take this step, the Woonsocket, Rhode Island-based company said in a statement today. The decision will cut annual revenue (CVS:US) by about $2 billion, equating to 17 cents a share, CVS said. READ MORE HERE
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