http://money.cnn.com/2014/02/05/news/companies/cvs-walgreens-cigarettes/index.html?hpt=hp_t3 They are giving up 2 billion in sales because they feel its the right thing to do, I'm a smoker but I think that is awesome. Will this pressure other retailers to do the same?
Does this include the "e-cigs" thingys? My housekeeper "smokes" them, although she's careful to do it outside (at least when one of us are at home). I have to say that if nothing else, it really cuts down on the smell factor. I don't care if others smoke tobacco, I really don't, as long as they don't do it around me and mine. I think folks should be allowed to do whatever they want to do to their own bodies, as long as it doesn't harm someone else. I've always felt that way.
Great move on part of CVS. I'm an ex-smoker but I always thought it was weird I could get antibiotics for my bronchitis and a pack of smokes at the same place.
CVS's job is to meet the needs of customers, not pass judgment on their purchases. Did CVS say they will lose revenue from this policy? If I am a shareholder, I'm really upset. Not a tobacco user, but I'll take my business to Walgreens where they don't judge.
Serious? CVS's job is to do whatever they damn well please, as long as its ethically sound. If you feel this is judgmental, then perhaps you should go ahead and boycott every business out there. But you are correct, if you disagree, take your business and your shares else where. I suspect this will not make much of a difference regardless.
I take it, then, that you also believe a customer should not pass judgment on what a business is selling?
The only line that makes any sense. But I'm not sure I agree with it, only 20% of the population uses tobacco regularly (I believe that's the stat I saw). Most of the other 80% thinks tobacco users should stop and some will probably support CVS because of this decision.
If they replace tobacco with better selling products. . . like say more candy or more high profit products I doubt the shareholders will give a d_mn Rocket River
I take it a step further. Americans spend over $85 billion per year on smoking related healthcare; the government pays for $50 billion of that $85 billion. These numbers may have changed since I last researched this problem, however. Good for CVS! I have a cousin who works for Big Tobacco so her inside view tells me how bad these things really are. Since we tax payers have to treat everyone, things like obesity, smoking, lack of healthcare become other people's business from just a tax payer POV. If smokers killed themselves without much impact on the world around them, I'd care less - though my sympathy for their various cancers and slow deaths would remain. Smoking is on the rise though. It's declined in America, but it's booming overseas especially in the Asia-Pacific region. I also have enough friends and family who work in the pharmaceutical and healthcare industry so I've seen firsthand what this poisonous product does.
If radio shack can remake it's image so can a company like CVS. The reality is cigarettes are associated with poor & dumb people today. It aint the 40's, 50's or 60's where it's cool and people are nieve. Cigarettes will **** you up if you decide to mess with them long term & everybody knows it. If you're buying smokes you're probably not the type of person CVS really wants to have a relationship with. It's a strategic direction that makes sense.
Gotta love the free market fundamentalist who has a mini internet hissy fit and "takes his business to walgreens" when firms, acting in their own economic self-interest, make business decisions.
Relax bro, they said they will lose 3%. I am sure CVS will find something else to make up that lost revenue.
