Poll: Is it a good business decision for CVS to stop selling cigarettes?
The company says they are focused more on being a health care provider.
CVS, the nation’s second-largest drugstore chain, this week said it will stop selling cigarettes and other tobacco products as it continues to shift its focus toward being more of a healthcare provider.
The company said it will phase out cigarettes, cigars and chewing tobacco by Oct. 1 in its 7,600 stores nationwide. CVS said it will lose about $2 billion in annual revenue because of the move.
Do you agree with the CVS decision? Is it a good business move? Vote and leave a comment. Results and a selection of comments will appear in next Sunday's business section.
Out East Show: Visit The Shamrock evergreen maze, Sannino Vineyard, Seven Ponds Orchard and the Warrior Ranch Foundation NewsdayTV's Doug Geed is heading 'Out East' to showcase the ultimate local spots you need to explore.
Out East Show: Visit The Shamrock evergreen maze, Sannino Vineyard, Seven Ponds Orchard and the Warrior Ranch Foundation NewsdayTV's Doug Geed is heading 'Out East' to showcase the ultimate local spots you need to explore.
