THE WAR AGAINST TOBACCO JUST GAINED A BIG ALLY TODAY.
-- MICHELLE --
THE DRUG STORE CHAIN C-V-S ANNOUNCING
IT WON'T SELL ANY TOBACCO PRODUCTS IN ITS STORES.
THE STORE WILL STOP CARRYING THEM.
IN THE FALL.
WHILE THE MOVE IS BEING PRAISED BY HEALTH GROUPS.
THE STORE'S BOTTOM LINE.
WILL TAKE A HIT.
NEWS THREE'S JENNIFER HOFF HAS MORE
ON WHAT THE MOVE MEANS FOR BUSINESS.
ADMITS HE'S BEEN SMOKING FOR 50 YEARS.
G says, It's a bad habit..
HE CAN PLOW THROUGH A PACK OF PALL MALLS IN
A DAY, THAT HE BUYS FROM THE C-V-S ON WEST WASH.
THIS FALL THOUGH.
ITS SHOPPERS WILL NO LONGER
FIND CIGARETTES BEHIND THE COUNTER.
THE MOVE WILL COST C-V-S TWO BILLION DOLLARS A YEAR.
THE COMPANY MADE 123-BILLION DOLLARS IN 2012.
THE C-E-O SAYS SAYS IT'S A SACRIFICE HE'S WILLING TO MAKE.
Larry Merlo/CVS CEO says, It's a real contradiction to talk about
all the things we're doing to help people on their path
to better health and at the same time sell tobacco products.
MOSES ALTSECH/EDGEWOOD MARKETING PROFESSOR says, If you can actuallys save the health care system some resources that
can be allocated to something else that's less preventable, that's a good thing and if you can
do that and save lives at the same time, boy, it doesn't get any better than that..:15
PRESIDENT OBAMA EVEN WEIGHED IN ON THE DECISION.
HELP ADVANCE MY ADMINSTRATION'S
EFFORTS TO REDUCE TOBACCO-RELATED DEATHS.
EDGEWOOD MARKETING PROFESSOR MOSES
ALTSECH ALSO EXPECTS C-V-S.
TO EARN BACK, THE MONEY IT'S GIVING UP.
MA says, 2 billion dollars, it sounds like a lot of money, but
when you have almost 8,000 locations, it's not that hard to recoup that
if suddenly, people who were indifferent between pharmacies are now specifically going to CVS..
ABOUT 18-PERCENT OF AMERICANS SMOKE, DOWN
FROM 37-PERCENT IN THE 70s, WHEN
THE GOVERNMENT BANNED SMOKING TELEVISION ADS.
THERE ARE ALSO SMOKING BANS IN PUBLIC PLACES.
G says, I guess I'll just have to probably
find another place, to tell you the truth laughs..:
THE CENTERS FOR DISEASE CONTROL AND PREVENTION REPORTS.
TOBACCO USE CAUSES MORE THAN FIVE-MILLION DEATHS A YEAR.
TO FURTHER COMBAT THAT, C-V-S WILL ALSO LAUNCH
A NATIONAL SMOKING CESSATION PROGRAM THIS SPRING, AND
WILL INCLUDE INFO AND TREATMENT AT ALL ITS LOCATIONS.
-- ERIC --