CVS Pharmacy to Stop Selling Tobacco Products


CVS Pharmacy stores are getting out of the tobacco business.

The drugstore chain says it will stop selling tobacco products by October 1st.

Several health organizations are praising the move by CVS and so is The White House.

CVS CEO says, CVS stands to lose about two billion dollars a year.

Health groups are pushing other retailers to follow CVS and stop selling tobacco.
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Statement by the President on CVS:

I applaud this morning’s news that CVS Caremark has decided to stop selling cigarettes and other tobacco products in its stores, and begin a national campaign to help millions of Americans quit smoking instead. As one of the largest retailers and pharmacies in America, CVS Caremark sets a powerful example, and today’s decision will help advance my Administration’s efforts to reduce tobacco-related deaths, cancer, and heart disease, as well as bring down health care costs – ultimately saving lives and protecting untold numbers of families from pain and heartbreak for years to come. I congratulate – and thank – the CEO of CVS Caremark, Larry Merlo, the board of directors, and all who helped make a choice that will have a profoundly positive impact on the health of our country.


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