Thursday, February 06, 2014

AMERICA - CVS Stores Ending Tobacco Sales

IMHO a CEO with backbone.

"Considering the ethics and economics of CVS stores ending tobacco sales" PBS Newshour 2/5/2014

Excerpt

JUDY WOODRUFF (Newshour):  Today’s announcement by CVS that it will stop selling tobacco products this fall resounded quickly and loudly in the world of business and public health.  CVS, which has 7,600 stores nationwide and is creating more in-store health clinics, said that it will lose about $2 billion annually.

But, in making the decision, the company’s chief executive, Larry Merlo, said — quote — “We have come to the conclusion that cigarettes have no place in a setting where health care is being delivered.

For more on the significance of this decision and what was behind it, we turn to Dr. Ronald DePinho.  He’s the president of the M.D. Anderson Cancer Center at the University of Texas.  And Stephanie Strom, she’s a reporter with The New York Times.

No comments: