CVS, a huge American drug retailing company with its own U.S. pharmacy chain, has taken a strong stance today by announcing its termination of the sale of all tobacco products in its approximately 7,600 stores. By October of this year, the business will have all stores discontinue sales of tobacco products in order to further its goal of helping people stay healthy. Despite forgoing nearly $2 billion of its annual revenue, CVS Chief Executive Larry Merlo said in a recent statement, “Put simply, the sale of tobacco products is inconsistent with our purpose.” Both consumers and investors have made positive ... Read More
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