Health & Wellness

CVS Caremark Plans to Stop Selling Tobacco

Feb 5, 2014

CVS Caremark ,at its more than 7,600 drugstores, is taking out the selling of tobacco to focus more on providing health care. According to the Courier and Press, it’s the second – largest drugstore chain that will phase out cigarettes, cigars and chewing tobacco by October first.  This move will cost about $2 billion dollars in annual revenue but won’t affect its 2014 earnings.