(PCM) It was announced yesterday that CVS executives made the decision to transition the company into both a new name and out of the sale of tobacco/tobacco related products.
About seven or eight months ago the company first revealed their plans for the big change, however those changes were not set to take place until October 1st. There was no specific reason given for the why the switch over has taken place almost a month earlier than expected.
CVS Caremark will now be known as CVS Health and the sale of tobacco products in stores has ceased. It is reported that tobacco sales accounted for nearly 2 billion in annual profits for the company.
New products behind the counters in place of cigars and cigarettes are cessation products such as nicotine gum, patches, etc. The company says the sale of tobacco and tobacco related products “conflicted with its’ healthcare mission”.
Are you happy with the new name and lack of tobacco products in CVS?
The post CVS Moves Ahead With Name Change And Stops Tobacco Sales A Month Early also appeared on PCM Lifestyle.