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1、 CVS ssmartno smokingstrategy AnpharmacyretailerSecondlargestpharmacychainPossessmorethan7 600stores12thlargestcompanyintheworldasaretailpharmacy Sellprescriptiondrugsandgeneralmerchandise ProvidehealthcareservicesPurchasethroughtheirCVSPharmacyandLongsDrugsretailstoresandonlinethroughCVS com Provid
2、ehealthcareservices WallStreetstockmarketlikearollercoaster TheDowJonesindexhaditsbiggestjumpintherecordoftheyearinasingleday There sapharmacychaincalldeCVSShowthehero CVSannouncedthatitwouldstopsellingtobaccoproductsinitsmorethan7 600storesbyOct 1 amovethatcouldmeangivingupsome 2billioninannualsale
3、s thecompanysaid Sellingtobaccoisveryinconsistentwithbeinginthatbusiness Wereallythoughtaboutthisdecisionasitrelatestothefutureasahealthcompany it sgoodforcustomersandourcompany inthelongrun AnyformoftobaccousemakesthosechronicconditionsmoredifficulttodealwithThisisgoodforbusinessandtherightthingtod
4、o AsoneofthelargestretailersandpharmaciesinAmerica CVSCaremarksetsapowerfulexample andtoday sdecisionwillhelpadvancemyadministration seffortstoreducetobacco relateddeaths cancer andheartdisease aswellasbringdownhealthcarecosts ultimatelysavinglivesandprotectinguntoldnumbersoffamiliesfrompainandheart
5、breakforyearstocome HelenaFoulkes CVSsaysresearchshowsitsdecisionwillhaveabigimpact CVSanditsfoundationalsoannouncedthatitisfundinganewschool basedtobacco preventioncurriculumthroughthetextbookcompanyScholastic Ayearlater cvssaysstoppingtobaccosalesmakeabigdifference Exitingthecigarettesbusinesscame
6、ataprice butagoodargumentcanbemadethatthelosttobaccobusiness whichislowmargin willprovetobeashort termspeedbumpandthatovertime long termgainsinotherpartsofitsbusinesswillmorethanmakeupforthedecision Overall IthinkthevariousputsandtakesassociatedwithCVSHealth scigarettedecisionwillprovetobeabitofawash
