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Old 02-06-2014, 08:45 AM   #21
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Originally Posted by easysurfer View Post
I do believe though that a merchant has a right to not sell something they don't want to sell. Whether in the long run that is a bad business move or not.

It's kind of like TV. I don't care much for the reality TV shows. But the stations have a right to show them and me have the same right to not watch.

The owner of a business also has rights, including the right to choose what products they wish to stock and sell.

Numbers is hard.

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Old 02-06-2014, 10:38 AM   #22
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Don't tobacco products require special handling (clerks have to retrieve them from the shekves, can't really be warehoused with other stock but need to be locked up, tax accounting and record keeping more complicated, etc.) and is the profit margin worth it? It will be interesting to see what CVS does with the tobacco space.

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Old 02-06-2014, 11:50 AM   #23
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Originally Posted by GrayHare View Post
but CVS will continue to sell chips, candy, and soda...
Their CEO addressed this in an interview. Basically, he said that nutritionists etc don't generally have any problem with people eating the occasional candy bar or bag of chips. Even alcohol is generally recognized as safe (and potentially even beneficial) in moderate amounts. That's not the case for cigarettes, virtually no one thinks it's fine for people to smoke a pack every now and then. That seemed, to me, like a fairly rational basis for the decision.

I don't normally shop at CVS, but I might send a few dollars their way to show support for this move. Maybe buy me a Slim Jim and some chips . . .
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Old 02-07-2014, 05:40 AM   #24
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Ahhh...I wonder if I can get a few lottery tickets from CVS? Good clean American fun...

Seriously, I don't think the decision has anything to do with health. With any business it's all about profits.
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Old 02-08-2014, 02:20 AM   #25
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To me this seems like when Walgreens stopped selling alcoholic beverages a number of years ago. It has come back into the stores in the last couple years.

I think this may last a few years BUT you have the loss of sales = lower profits=lower dividends resulting in shareholder dissatisfaction.

Also, the loss of cigarette sales WILL be compounded by the loss of ancilliary purchases: soda, water, snack food......PLUS if a smoker goes to another chain/store that one would gain those sales so MORE shareholder dissatisfaction.

I have long compared CVS ads to Walgreens ads. If one chain has XYZ on sale this week the other will offer XYZ in a week or 2. I like to bunch my shopping/errands ad do as much as possible, as cheaply as possible in as few stops as possible.
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Old 02-08-2014, 07:19 AM   #26
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Hey, if CVS took my prescription plan I'd go there to reward them. Lung cancer took my brother and my mother, and emphysema took my father. Just having them available for kids to see as acceptable product is highly questionable to me. Unlike the other products mentioned it's not really safe in any usage, and using it at all is highly likely to produce addiction. Other opinions respected.
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Old 02-08-2014, 07:41 AM   #27
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If everyone gets too healthy, CVS will need a new mission.
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Old 02-08-2014, 12:08 PM   #28
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I agree Grehair.....CVS will continue to sell other products that are bad for us to consume........where do you stop? You can tell they do not operate in small town, rural America which needs their stores to carry a variety of items to meet the needs and wants of average rural Americans. CVS can do what they want.......but patting themselves on the back for not handling tobacco products would smell a bit hypocritical when measuring the other unnecessary vices they will continue to sell. It's no big deal. Wait till' they stop selling Snicker candy bars! OMG!
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Old 02-08-2014, 12:20 PM   #29
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I also saw the CVS CEO's interview & thought it was duplicitous double-talk. CVS is doing this as a pure BUSINESS decision, which is fine with me. Just don't sugar-coat the announcement (pun intended ).

Perhaps continuing to sell snacks is also a business decision

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Old 02-08-2014, 01:09 PM   #30
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Originally Posted by GrayHare View Post
but CVS will continue to sell chips, candy, and soda...
+1 That is exactly what I was thinking.

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