|
|
CVS No Longer Selling Smokes
02-05-2014, 11:23 AM
|
#1
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2008
Posts: 13,143
|
CVS No Longer Selling Smokes
Quote:
CVS Caremark Corp said on Wednesday that it would stop selling tobacco products at its 7,600 stores by October, becoming the first national drugstore chain in the United States to take cigarettes off the shelves.
Public health experts called the decision by the No. 2 U.S. drugstore chain a precedent-setting step that could pressure other retailers to follow suit. It comes at a time when pharmacies are taking on a much bigger role in healthcare.
|
CVS becomes first big U.S. drugstore chain to drop tobacco | Reuters
It will be interesting to see if other retailers decided to do the same or not.
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
02-05-2014, 11:31 AM
|
#2
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
|
Quote:
Originally Posted by easysurfer
It will be interesting to see if other retailers decided to do the same or not.
|
I wouldn't be surprised, for reasons of profit and lack of turnover if nothing else. People just don't smoke like they used to fifty years ago.
I would speculate that cigarettes were just sitting on the shelves at CVS getting stale.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
02-05-2014, 12:16 PM
|
#3
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,141
|
My guess is it has to do with demand, nothing else.
__________________
Retired since summer 1999.
|
|
|
02-05-2014, 12:19 PM
|
#4
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,303
|
A nice PR move. But without being too cynical (we like CVS) - it's still the tail wagging the dog IMO. Smokers will just go somewhere else to buy, reducing demand works far more effectively than reducing supply. Same with illegal drugs, alcohol, etc.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
|
|
|
02-05-2014, 12:28 PM
|
#5
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
|
Quote:
Originally Posted by Midpack
A nice PR move. But without being too cynical (we like CVS) - it's still the tail wagging the dog IMO. Smokers will just go somewhere else to buy, reducing demand works far more effectively than reducing supply. Same with illegal drugs, alcohol, etc.
|
Equally if not more cynical, but I think the margins for "healthcare" lead them to steer the business away from retail in general.
__________________
Have Funds, Will Retire
...not doing anything of true substance...
|
|
|
02-05-2014, 12:46 PM
|
#6
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
|
Quote:
Originally Posted by audreyh1
My guess is it has to do with demand, nothing else.
|
Demand is declining and this gives them a good PR reason to make the move. It's not like this will make people stop smoking if they can't buy 'em there, but....
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
02-05-2014, 12:50 PM
|
#7
|
Thinks s/he gets paid by the post
Join Date: Jul 2011
Location: Bernalillo, NM
Posts: 2,717
|
This is not a big deal. There will just be tobacco shops like there are liquor stores and (here in Colorado) pot shops.
__________________
"We live the lives we lead because of the thoughts we think" ...Michael O’Neill
"We can cannot compel others to do our will" ....Norman Goldman
"There never is shortage of the gullible to accept the illogical"...Anonymous
|
|
|
02-05-2014, 01:34 PM
|
#8
|
Full time employment: Posting here.
Join Date: Jul 2011
Posts: 723
|
This is really disappointing... I was just thinking about starting a new bad habit.
|
|
|
02-05-2014, 01:42 PM
|
#9
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2004
Location: SW Ohio
Posts: 14,404
|
I agree, not a big deal. But getting them out of the retail spaces reduces the chances for little kids to see them repeatedly, makes them a less "normal" thing to see/see people buy. And that's probably good.
|
|
|
02-05-2014, 08:18 PM
|
#10
|
Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
|
I won't shop at stores who don't support individual rights.
|
|
|
02-05-2014, 08:23 PM
|
#11
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
|
Quote:
Originally Posted by Notmuchlonger
I won't shop at stores who don't support individual rights.
|
Is that your principal principle?
__________________
Numbers is hard
|
|
|
02-05-2014, 08:59 PM
|
#12
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,889
|
Quote:
Originally Posted by samclem
I agree, not a big deal. But getting them out of the retail spaces reduces the chances for little kids to see them repeatedly, makes them a less "normal" thing to see/see people buy. And that's probably good.
|
I've been struggling to decide just what I think about this, or if I should even bother to think about it. On one hand, I'm very anti-smoking, hate the smell, hate what I've seen it do to people I know, hate being involuntarily subjected to it for so many years - so from that view I like it.
OTOH, the libertarian side of me says this business can do as they please, people can do as they please (within the law), so it means nothing.
But I think the samclem quote I bolded makes a connection with me. Just make it less 'normal' and maybe it will fade away. That should be a good thing.
-ERD50
|
|
|
02-05-2014, 11:06 PM
|
#13
|
Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Kerrville,Tx
Posts: 3,361
|
Quote:
Originally Posted by audreyh1
My guess is it has to do with demand, nothing else.
|
It appears to relate to CVS idea to install clinics in the their stores and move to an image more of a health care provider than a place that just sells stuff and has a pharmacy on the side. Health care providers don't generally appear to support tobacco for obvious reasons. Since CVS wants to take over part of the urgent care market at a minimum and possibly move up into the chronic routine care space, they want to change their image.
Here is a link to the washington post on the subject:
http://www.washingtonpost.com/blogs/...garette-sales/
|
|
|
02-05-2014, 11:12 PM
|
#14
|
Thinks s/he gets paid by the post
Join Date: Apr 2005
Location: Midwest
Posts: 2,969
|
I didn't know they had all those big plans vis a vis health care. I figured they would make some PR points today and likely recoup on the good will some of that 2 bil they are losing on tobacco sales, then in a few yrs start selling marijuana.
|
|
|
02-05-2014, 11:19 PM
|
#15
|
Recycles dryer sheets
Join Date: Jan 2013
Posts: 178
|
Maybe they will start selling weed in WA and CO CVS stores
|
|
|
02-05-2014, 11:51 PM
|
#16
|
Recycles dryer sheets
Join Date: Apr 2013
Location: Kansas City
Posts: 222
|
Quote:
Originally Posted by Notmuchlonger
I won't shop at stores who don't support individual rights.
|
It'd depend on why they're doing it I guess. Every store can't stock everything. I wouldn't boycott Publix for not supporting my individual right to eat delicious seaweed snacks, or Walgreens for not selling me pornography They just don't happen to sell those things, but they're not stopping me from consuming.
|
|
|
02-06-2014, 05:05 AM
|
#17
|
Thinks s/he gets paid by the post
Join Date: May 2006
Location: Orlando
Posts: 2,657
|
My mom quit smoking in November after 60 years but she used to buy her cigarettes at CVS. It was very convenient to grab a carton or two of cigs while picking up her prescriptions.
I wish CVS would replace the cigs with e-cigs but out of view. IMHO, converting smokers of tobacco to users of nicotine would be transformational to our healthcare system.
|
|
|
02-06-2014, 07:30 AM
|
#18
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,141
|
Quote:
Originally Posted by meierlde
It appears to relate to CVS idea to install clinics in the their stores and move to an image more of a health care provider than a place that just sells stuff and has a pharmacy on the side. Health care providers don't generally appear to support tobacco for obvious reasons. Since CVS wants to take over part of the urgent care market at a minimum and possibly move up into the chronic routine care space, they want to change their image.
Here is a link to the washington post on the subject:
CVS to stop selling cigarettes by Oct. 1
|
Thanks for that addition.
__________________
Retired since summer 1999.
|
|
|
02-06-2014, 08:42 AM
|
#19
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2008
Posts: 13,143
|
Quote:
Originally Posted by Notmuchlonger
I won't shop at stores who don't support individual rights.
|
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.
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
|
|
|
02-06-2014, 08:45 AM
|
#20
|
Thinks s/he gets paid by the post
Join Date: Nov 2011
Posts: 3,902
|
but CVS will continue to sell chips, candy, and soda...
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|