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Old 02-05-2014, 06:31 AM   #1
grtrx
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CVS

CVS has decided to quit selling tobacco. Wonder if Walgreens will follow them.

My guess is they are not making enough money to justify the space, but I could be wrong
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Old 02-05-2014, 06:50 AM   #2
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the space? at a typical CVS the space is about 8 feet of wall behind the counter.
What are they going to put there, instead? Condoms? freeobamacarebirthcontrol? Idiots. I never shop there anyway.
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Old 02-05-2014, 06:51 AM   #3
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The report I saw said CVS made 2 billion a year on cigarettes. I'm thinking insurance companies are starting to put pressure on pharmacies.
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Old 02-05-2014, 06:57 AM   #4
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The report I saw said CVS made 2 billion a year on cigarettes. I'm thinking insurance companies are starting to put pressure on pharmacies.
Insurance companies could really give a shit. This is a push from the anti-tobacco, pharma public health nutballs. Still, CVS made the choice.
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Old 02-05-2014, 07:29 AM   #5
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Health insurers, who CVS needs to keep happy because they pay for a lot of prescriptions, may lean on them, but I am not so sure.

CVS didn't make 2 billion selling tobacco, maybe they sell $2 billion of retail volume. Maybe.

CVS will find something for that space that makes sense for tehm, we will find out, my guess it will be high volume/high margin given where it is, it could also be stuff needing security. The layout of a retail pharmacy is no accident. The whole planogramming of a store is a big big deal.

CVS has been struggling, and this gives them a nice publicity announcement and they can look like this is all health based, but I am certain it is a business decision because they are a business.
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Old 02-05-2014, 07:31 AM   #6
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and, as a pharmacist, I have to say, selling tobacco and liquor in a pharmacy does make for an interesting professional thought. I know some of you don't agree but tobacco os not healthy, and healthcare professionals are supposed to furhter the health.

I am not trying to set off a debate on safety/health/tobacco/freedom of choice.

I do find CVS' decision interesting.

There will not be black market sales of tobacco because of this. There may be increased tobacco sales at other stores. CVS will bask in the glow of this for a while.
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Old 02-05-2014, 07:35 AM   #7
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Maybe they're making room for anticipated marijuana sales.
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Old 02-05-2014, 06:54 AM   #8
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I find the reaction more entertaining then the decision. It's a private company that is making a decision that they think will help them, either through PR or sales.

Anti-Tobacco is hailing this as a major victory. It is not. There simply will be 7000 less places to buy tobacco. With several million places to buy it now, it has no affect.

As to the other side (which I closely align) - there are claims that it will force those sales to the black market. That this will somehow start the conversation getting rid of tobacco sales. It won't.

I find it hypocritical. If they are really concerned with health then they wouldn't have 25% of their stores dedicated to chips, soda and candy.
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Old 02-05-2014, 07:39 AM   #9
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Quote:
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I find it hypocritical. If they are really concerned with health then they wouldn't have 25% of their stores dedicated to chips, soda and candy.
When I see a company eliminating the candy gauntlet at the registers I'll be impressed. Maybe thirty years ago a a local store instituted program that there would always be one "candy free" register that mommies could drag their children through. I'm still not sure what to make of that one tiny experiment.
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Old 02-10-2014, 04:39 PM   #10
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I find it hypocritical. If they are really concerned with health then they wouldn't have 25% of their stores dedicated to chips, soda and candy.
And beer, wine, and liquor.
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