• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

CVS becomes first big US drugstore chain to drop tobacco

Depends on the individual - and we all die of something, sometime - free choice has it's consequences, which is as it should be.

as is the free choice to not sell tabacco products. It is not a unique item and one can buy it just about anywhere, it should not matter that a shop decides not to sell them anymore.
 
as is the free choice to not sell tabacco products. It is not a unique item and one can buy it just about anywhere, it should not matter that a shop decides not to sell them anymore.

I've never smoked in my almost 60 years, so it matters not to me - I do prefer them making the choice as a business rather than the Michael Bloomberg approach to trying to manage behaviour through government bylaw.
 
It was quite a long time ago when I read that the body could clean about FIVE cigarettes worth of tar and nicotine a day.
Not that there is an average body or that I'm defending smoking.

Though losing $2 billion in sales a year, the profit margin is said to be lower on cigarettes from what I'm listening to.
Besides, the $2 billion is only 1.5% of total sales for CVS.
They plan on replacing cigarettes and smoking stuff with a whole new line of healthy products designed to get off smoking .

I am a former smoker and it takes stopping with smoking to realize how disgusting it actually is. My next door neighbor smoked a lot and everytime we went to their how and came home I could smell the stink of smoke on my clothes. When I too smoked I did not realize how badly it smelled.

Not that I am an extreme anti-smoker but I do think that it is good to ban smoking from shops, bars, restaurants etc.

What people do in their own house or car is their choice and I will not interfere with that but as a person with COPD I try to stay away from people where smoking takes place and try to prevent driving with someone who smokes.
 
I've never smoked in my almost 60 years, so it matters not to me - I do prefer them making the choice as a business rather than the Michael Bloomberg approach to trying to manage behaviour through government bylaw.

The ban on those big gulp drink cups was a bit stupid IMHO, if people want to drink a lot of sweet drinks they will regardless of the cup size.
 
CVS is just climbing on the Obamacare Wagon like AARP. They know where the big money is and it ain't serving John Q.
 
I quit 20+ years ago and still wake up dreaming I just had a smoke. Quitting aint easy.
I am a former smoker and it takes stopping with smoking to realize how disgusting it actually is. My next door neighbor smoked a lot and everytime we went to their how and came home I could smell the stink of smoke on my clothes. When I too smoked I did not realize how badly it smelled.

Not that I am an extreme anti-smoker but I do think that it is good to ban smoking from shops, bars, restaurants etc.

What people do in their own house or car is their choice and I will not interfere with that but as a person with COPD I try to stay away from people where smoking takes place and try to prevent driving with someone who smokes.
 
What big money?

The big money that's to be made by whoever fills the gap after physicians refuse to take Obamacare policies.

Lose your doctor? Come to Minute Clinic, aka Obama Medical Center.

No way did they give up a billion $ product without expecting to make that up... and more.
 
So you think an NP and the minute is going to make up for billions of tobacco money? Quite amusing actually.
The big money that's to be made by whoever fills the gap after physicians refuse to take Obamacare policies.

Lose your doctor? Come to Minute Clinic, aka Obama Medical Center.

No way did they give up a billion $ product without expecting to make that up... and more.
 
CVS is just climbing on the Obamacare Wagon like AARP. They know where the big money is and it ain't serving John Q.

Well.....even Obama's lil buddy had to chime in with it too.



CVS Tobacco Ban Earns Applause From Rahm.....

larger.jpg


"I think this is an incredible ... bold decision, the right decision," Mayor Rahm Emanuel said after Wednesday's City Council meeting.

Emanuel said he had called CVS Chief Executive Officer Larry Merlo Wednesday morning to congratulate him on the move.

"He realized their mission is one of health care, not only as a pharmacy, but as a company," Emanuel said. "And you couldn't, in one aisle, be dealing with helping people on their health, and in another aisle be selling tobacco."

Emanuel called it "true corporate citizenship and responsibility," even as "it will no doubt affect their bottom line.".....snip~

CVS Tobacco Ban Earns Applause From Rahm - Downtown - DNAinfo.com Chicago
 
So you think an NP and the minute is going to make up for billions of tobacco money? Quite amusing actually.

So do you think a giant corporation makes such decisions because 'it's the right thing to do?'
 
no, I am sure it was a sound buisness decision. I mentioned earlier cigarettes are a problem to sell for stores because of the security requried and taxes etc. I dont beleive Obama forced them to. Perhaps they decieded the shelf space could be better utilized for another product, pot for example. What ever it is since CVS is not a religious company, it is for the money somehow. Not for Obama.
So do you think a giant corporation makes such decisions because 'it's the right thing to do?'
 
I quit 20+ years ago and still wake up dreaming I just had a smoke. Quitting aint easy.

I have been a lucky one, I used to be addicted to gambling and my smoking was somewhat connected to my gambling, it was good for the nerves. Being a gambling addict comes with a lot of lying, money worries, having to make up excuses for hours and hours of being "missing" (during the time you were in the gambling hall playing the slot machines). Not to mention the money worries which was an added worry.

When I quit gambling I also quit smoking in the same week. That time was difficult enough and not smoking did not make it much more difficult than it already was. Since then I have never gambled another dime and have never smoked another cigarette. And I cannot say that I miss it, I think I am lucky when it comes to that but I realize that most people still have the craving after years and years and years.
 
Good for you. I really do miss smokes. if the doc told me I had six months to live, on the way home I am buying a carton of smokes.
I have been a lucky one, I used to be addicted to gambling and my smoking was somewhat connected to my gambling, it was good for the nerves. Being a gambling addict comes with a lot of lying, money worries, having to make up excuses for hours and hours of being "missing" (during the time you were in the gambling hall playing the slot machines). Not to mention the money worries which was an added worry.

When I quit gambling I also quit smoking in the same week. That time was difficult enough and not smoking did not make it much more difficult than it already was. Since then I have never gambled another dime and have never smoked another cigarette. And I cannot say that I miss it, I think I am lucky when it comes to that but I realize that most people still have the craving after years and years and years.
 
no, I am sure it was a sound buisness decision. I mentioned earlier cigarettes are a problem to sell for stores because of the security requried and taxes etc. I dont beleive Obama forced them to. Perhaps they decieded the shelf space could be better utilized for another product, pot for example. What ever it is since CVS is not a religious company, it is for the money somehow. Not for Obama.

Doubt if security was a problem since they sell powerful narcotics in their stores. But you're right... I'm sure Obama didn't force them to do anything. He just made it possible for more people to get rich off sick Americans. Let's hear it for Obama.
 
they already lock the good stuff up in glass cases. that was a pretty dumb move, and probably costs them a ton in sales. who actually goes up to the cashier to get them to unlock the liquor cabinet?
Depends on what they have. I usually will buy something I can hand the cashier if it's for a party that I'm going to, picking up a bottle of wine for a movie night, or something like that. If they have an expensive product that I've been looking for like Bunratty mead, Glenlevet 18, 37, or 40, or another such product I might go through the wait for the cashier to get it for me. For things I can pick up anywhere like Maker's Mark, Knob Creek, etc. no way.

as for tobacco, it's their decision. i expect other places will probably follow suit, and smokers will just buy tobacco at gas stations and liquor stores.
It is their decision, and while it is to be respected it could backfire on them. I think like a business owner because I want to eventually get back into business, it takes years to build up a customer service reputation and only a bad decision or two to lose it, sometimes to never get it back. A customer could be offended if they see the company as making a decision for them, or if they feel slighted that their legal behavior is being disrespected by the company which could affect not only those tobacco purchases but send those customers down the road for all purchases including prescriptions. I probably would not make that decision myself and wouldn't publish it as "the right thing to do" if I did, too much potential blowback.
 
nah, they'll just keep raising the price. if you think the marijuana black market is bad, try illegal tobacco on for size.

so glad to be out of that game.
Yep. New York state is a perfect example, their cost per pack price is something like 10$ a pack and the result was an entire underground business in unlicensed sales, people would go to the neighboring states or local reservations and pick up dirt cheap tobacco products by the truck load and sell them at a margin that was lower than the licensed sellers but high enough for a healthy profit.
 
Good for you. I really do miss smokes. if the doc told me I had six months to live, on the way home I am buying a carton of smokes.

My grandfather worked in the Dutch coal mines, in an underground capacity, so you can understand how his lungs looked after all those years breathing in coal dust. When the doctor saw him he said that it would be wiser to stop smoking but that the damage had already been done, so that he did not mind that he continued smoking. In the end his bad lungs cost him his life when he developed lung cancer. That is why I think that if someone is able to prevent getting sick from smoking they should do so.
 
If that demographic was that big of a money maker, retailers would be dumping tobacco products left and right.

I believe it all boils down to having enough anti-smoking members on the board of directors, to vote to discontinue tobaccos sales.
IIRC you were in the Lafayette area for a while. Prior to the state banning most indoor smoking the same people campaigning for that law would contract bars to have "smoke free Saturdays". They had to rent out the bar to get it done, that in itself should tell people the movement isn't as popular as advertised. One would think if the bar owner who's business is to know what the customers want has to be "bought out" for the night to prohibit smoking that he knew it was a loser.
 
Well.....even Obama's lil buddy had to chime in with it too.



CVS Tobacco Ban Earns Applause From Rahm.....

larger.jpg


"I think this is an incredible ... bold decision, the right decision," Mayor Rahm Emanuel said after Wednesday's City Council meeting.

Emanuel said he had called CVS Chief Executive Officer Larry Merlo Wednesday morning to congratulate him on the move.

"He realized their mission is one of health care, not only as a pharmacy, but as a company," Emanuel said. "And you couldn't, in one aisle, be dealing with helping people on their health, and in another aisle be selling tobacco."

Emanuel called it "true corporate citizenship and responsibility," even as "it will no doubt affect their bottom line.".....snip~

CVS Tobacco Ban Earns Applause From Rahm - Downtown - DNAinfo.com Chicago

Tobacco bad...Pot okay! I believe I've got it! :thanks: ... :lamo:
 
The article I read on this today says that the other purchases are built into the $2 billion estimated sales loss. Tobacco products are about $1.5 billion and another $500 million of other stuff, just as you mentioned.

As a stockholder, I would have preferred if they let someone else be the trailblazer and if it enhances business then great. Time will tell ( in future earnings statments) if this was a good idea.
That is going to be the interesting thing to watch for. Investors can be fickle creatures so the question is when they watch revenues fall, do they stay on and ride it out or does CVS start to take a hit on the stock side as well? If they start bleeding from revenue and stock losses do they maintain enough leverage to recover?
 
Who would buy cigarettes at CVS, anyway? When I saw the clip on the news, it showed "B reel" of an employee stocking the cigarettes, and they were like $8.50 a pack. A pack. Just one.

CVS has the right to do what they want to do, but a 2 billion dollar a year loss of income is pretty substantial.
When I was a heavy smoker I did under certain circumstances. If I was already going there to pick up other things and knew I was running low on smokes they were already there so I bought. Or if I was on the road and all there was in route was a CVS I would stop in to buy a pack.
 
But the bottom line is the entire reason they are in business. It's nonsensical to put emotion into your business decisions, and frankly, it's just bad business. The only thing that would make sense to stop selling a product is if it wasn't turning you a profit or you wanted to replace it with another product that can yield you higher returns. Otherwise, it's just dumb and counterproductive.
Depends. Every business has a loss leader, in restaurants it may be the most popular menu item but one that compliments high profit items, like a crab pizza that pairs well with white wine or cocktails. In a grocery store it may be the meat discounted for the day that get's people into the store who may purchase everything else at markup, and if they brought their kids, the impulse selection at the checkout pads things a bit. Convenience stores make the least on gasoline, they want you to go in and buy chips, a soft drink, etc. all that have a higher markup than the grocery store.
 
Yep. New York state is a perfect example, their cost per pack price is something like 10$ a pack and the result was an entire underground business in unlicensed sales, people would go to the neighboring states or local reservations and pick up dirt cheap tobacco products by the truck load and sell them at a margin that was lower than the licensed sellers but high enough for a healthy profit.

This is very true - they did a study here in Toronto of cigarette butts around highschools and found that something like 70-80% of the butts were from contraband cigarettes, not legally sold ones. It's why I believe the actual incidence of youth smoking is higher than studies would indicate.
 
I think its significant proof that we dont need govt to control us. If people dont like cigs, businesses wont sell them. If people dont want smoke in their restauraunts, restauraunts will ban them themselves. We dont need a nanny state to tell us what to do.
The big problem is that the people who want the bans lost in the court of monetary opinion so they just lobbied to force their will on everyone else. It is that obvious, if the money was there to force business owners to ban use of tobacco in their establishments then it would have disappeared without all the legislation, most of the bar owners and restaurant owners I knew didn't smoke and in fact hated the smoking habit, yet, their bars and restaurants had....................smoking.
 
Back
Top Bottom