8 years ago
1
CVS banned tobacco. Now its sales are hurting
Sales at CVS Health are getting "smoked." Last September, CVS became the first major pharmacy chain in America to stop selling cigarettes and other tobacco products in its stores. The drug store chain said it was the right thing to do -- even though it would hurt sales. Now CVS is detailing just how much the tobacco ban is impacting the company. While prescription sales continue to rise, general merchandise sales tumbled nearly 8% last quarter on a same-store basis.
Continue Reading
http://www.kmbc.com
Join the Discussion
I bet sales are down more than that. I use to go there at least once a week if not more,(The employees knew me by name) lotto, smokes, beer or alcohol and hey might as well get TP and something to munch on while I'm here. One stop!! Now I go to Walgreens for my "one" stop and hardly ever go to CVS anymore.