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Thread: CVS becomes first big US drugstore chain to drop tobacco

  1. #51
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    Re: CVS becomes first big US drugstore chain to drop tobacco

    Quote Originally Posted by reinoe View Post
    I'm surprised a libertarian is struggling to understand the PR move of not selling tobacco. Perhaps it's time you changed your lean?
    No, this is all pretty transparent. They weren't getting the returns they wanted from tobacco products, but instead of just taking it off the shelves quietly they figured they could take advantage of the fact that more people than not are against smoking in the hope it would drum up business.

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    Re: CVS becomes first big US drugstore chain to drop tobacco

    Quote Originally Posted by Peter King View Post
    That is your opinion, they have a different opinion and they have the right to choose to put ethics before profit. A lot of companies do that and I applaud that. You may feel it is bad business but if I would live in a town with a CVS I would go and shop there because I feel they are on the right track.
    No, they don't. This has nothing to do with them following their ethical principles, but with them not making enough money on tobacco products and them understanding that people like you would do business with them if you thought their decision to not sell tobacco products had to do with making ethical business decisions.

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    Re: CVS becomes first big US drugstore chain to drop tobacco

    There is a lot that goes into selling cigarettes, lots gets stolen, and there are tax stamp issues etc, and I think the billions is gross not net. Just a buisness decision I bet, not Obama forcing them to.
    God Bless the Marine Corps.

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    Re: CVS becomes first big US drugstore chain to drop tobacco

    Quote Originally Posted by HenryChinaski View Post
    Right Wingers should be applauding that a private business is making their own decisions.
    I know, and just on the eve when pot is becoming legal everywhere.
    Last edited by American; 02-06-14 at 05:48 AM.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
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    Re: CVS becomes first big US drugstore chain to drop tobacco

    Quote Originally Posted by TurtleDude View Post
    CVS becomes first big U.S. drugstore chain to drop tobacco | Reuters

    Might cost them millions or even billions a year but their CEO (I just heard him speak) said it was the right thing.
    Here in Canada, drug stores have been barred from selling tobacco products for decades with little effect on their bottom lines, in the long run - the transition was difficult but nobody mentions it now.

    Wouldn't suprise me if CVS is simply looking at their long-term business model and deciding to replace tobacco with medical and recreational marijuana in the future and needed the shelf space.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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    Re: CVS becomes first big US drugstore chain to drop tobacco

    Quote Originally Posted by AliHajiSheik View Post
    I didn't see whether the President praised Colorados decision to legalize smoking an illegal substance.
    He didn't have to:

    Eric Holder Says DOJ Will Let Washington, Colorado Marijuana Laws Go Into Effect

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    Re: CVS becomes first big US drugstore chain to drop tobacco

    Quote Originally Posted by apdst View Post
    Something you have to take into consideration, are the sales of other products that will drop when tobacco buyers go elsewhere. Most buyers didn't come into CVS just to buy tobacco; they would probably purchase other products as well, whether it be intentional, or impulse purchases. How many tabacco buyers brought their kids with them? It's damn near impossible to bring a kid into any given store without buying a candy, or a coke.
    IIRC they figured they might lose another half billion or more from those extra sales.

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    Re: CVS becomes first big US drugstore chain to drop tobacco

    This is interesting:

    "CVS does not sell electronic cigarettes, the highly popular but debated devices that deliver nicotine without tobacco and emit a rapidly vanishing vapor instead of smoke. It said it was waiting for guidance on the devices from the Food and Drug Administration, which has expressed interest in regulating e-cigarettes."

    http://www.nytimes.com/2014/02/06/bu...ober.html?_r=0

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    Re: CVS becomes first big US drugstore chain to drop tobacco

    Quote Originally Posted by specklebang View Post
    I'm sure large retailers get a better deal, but in the 80s I had a coffee shop in The Imperial Palace casino. We sold cigarettes and I remember the margins as being pretty low.

    With a smoke shop every 500 feet I can't imagine who buys cigarettes in a CVS? I think they made a wise decision and they'll get credit for trailblazing. The cigarette market is dying off. The discount imports are hurting them.

    They can barely advertise.

    Every country, including ones notorious for smoking, are cracking down and restricting smokers spaces. Smokers are the new refugees of the 21st Century, in huddled masses, yearning to be able to light up. Every year new laws are passed moving smoking from parking lots, streets, parks, beaches to fewer areas. Smoking is no longer a joy, it is a burden.

    Ecigs are the first alternative for addicts that works even better than the real thing. They will lose millions of customers just in the next few years to this phenomena alone. Vaping shops that don't sell cigarettes are springing up everywhere. Times they are a'changin.

    Big Tobacco will be gone by the end of this century. I'm always right about these things.






    If I'm wrong, dig me up and criticize me.
    Big tobacco WILL be gone, although you won't have to wait until the end of the century. The war on smokers (not saying its a bad thing) has really ratcheted up in the last decade. The restrictions are increasing daily. California nearly leads the way, but even into the rural enclave in which I live, a small bar deep in the woods, two miles from asphalt, no smoking. Not in your car in the parking lot at the hospital. Not in city parks, I won't start listing all the places where you can't smoke, the list where you can would be shorter. A friend of mine that smokes told me he was at a seminar and at break went to find a place to smoke, and there was just one, small area, around back of the hotel, in a nasty area, and he said when he got to it, huddled inside was 2-3 others in their suits smoking and they said, come on in here with the rest of us that are just one step above pedophiles. The crunch is definitely on.
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    Re: CVS becomes first big US drugstore chain to drop tobacco

    It's up to the business to decide what to sell and not sell. I don't see this as a significant story. We don't shop at CVS.

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