cvs health stops selling tobacco Vows to Quit Products CVS Quits Selling Tobacco Products

I see my role as insuring that the company is positioned for growth, says Merlo

Over the past half-century, theyve morphed into convenience shops selling household products, snack food, cigarettes, beer and other items besides prescription drugs, vitamins and headache cures

CVS Caremark stunned the business community on February 5, 2014 when it announced that as of October 1, 2014 it would no longer sell tobacco products in its 7600 pharmacies

As we continue to learn more about the health ravages of using combustible tobacco, as rates of smoking decline, and as smoking becomes more and more a marginalized behavior, it will become increasingly difficult for those who purport to be in the health business to simultaneously sell one of the most deadly products

For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995