What amazing, awesome news! Pharmacy giant CVS has vowed to stop selling tobacco products by October 1 of this year.
According to a section on the CVS Caremark website which includes some video interviews with company executives, they are quitting tobacco for good, and here’s why:
“Ending the sale of cigarettes and tobacco products at CVS/pharmacy is simply the right thing to do for the good of our customers and our company. The sale of tobacco products is inconsistent with our purpose – helping people on their path to better health.
As the delivery of health care evolves with an emphasis on better health outcomes, reducing chronic disease and controlling costs, CVS Caremark is playing an expanded role through our 26,000 pharmacists and nurse practitioners. By removing tobacco products from our retail shelves, we will better serve our patients, clients and health care providers while positioning CVS Caremark for future growth as a health care company. Cigarettes and tobacco products have no place in a setting where health care is delivered. This is the right thing to do.”
Some people think that CVS also decided to stop selling cigarettes because it conflicts with its growing brand as the country’s largest retail clinic operator. CVS has approximately 800 MinuteClinic retail clinic locations across the country that treat various minor health complications.
Forbes reports that CVS expects to lose $2 billion in sales from tobacco products going forward.
We agree: This is the right thing to do, especially as CVS plays a larger role in primary care delivery though its retail clinic model. Kudos to them!