CVS Pulls Tobacco Products from Shelves

On Wednesday, CVS pulled tobacco from its shelves, nearly a month before a planned Oct. 1 deadline.

In a statement released along with the original announcement, CVS CEO Larry Merlo called the move “the right thing to do” for the company. The sale of tobacco products conflicts with CVS’s mission to help customers “on a path to better health,” Merlo said.

On Feb. 5, CVS announced it would stop selling tobacco products by Oct. 1, including from its Malibu location. 

Along with pulling the products, CVS has a corporate name change in the works, from CVS Caremark to CVS Health.

CVS has 7,600 locations nationwide, including a branch in Malibu at the Malibu Colony Plaza Shopping Center.

The decision could cause losses of $2 billion annually, Reuters reported.

Advertisement

Related Articles

Advertisement

Advertisement

Advertisement
Advertisement
Advertisement

Advertisement

Latest Articles

Advertisement

%d bloggers like this:
×