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  • CVS to stop selling tobacco products

    Bit of trivia to start things off: CVS stands for Consumer Value Stores, which is what the original stores were called before adding pharmacies.

    Anyhow, any comments on this decision? I saw on Twitter that Trey Hardee said he would now do all his drug store shopping at CVS.

    Was this is a publicity stunt? Is their margin on cigarettes not that high anyhow? Not as high as beer, which they are continuing to sell, by the way?

  • #2
    Re: CVS to stop selling tobacco products

    Originally posted by BillVol
    Was this is a publicity stunt?
    Of course it is, but a good, effective one. Taxes on cigarettes are so high now, how do the demographic (yes, that's me being snooty) that buys them, afford them? Does the grocery list go

    1. Smokes
    2. Beer
    3. whatever else I have money for, milk, bread, etc.

    ? (me, still being snooty)

    Comment


    • #3
      Re: CVS to stop selling tobacco products

      Originally posted by Marlow
      [ how do the demographic ..that buys them, afford them?
      That mystifies me too.. having never smoked and avoiding smoke/smokers whenever possible, I cannot understand the addiction that compels people to shell out their last $5 or $6 for a pack of cigarettes.

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      • #4
        Re: CVS to stop selling tobacco products

        Cigarette taxes, liquor taxes, and the lottery are like the most regressive taxes there are. Essentially punishing the poor.

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        • #5
          Re: CVS to stop selling tobacco products

          Originally posted by JumboElliott
          Cigarette taxes, liquor taxes, and the lottery are like the most regressive taxes there are. Essentially punishing the poor.
          I wouldn't say they are targeting the poor, as much as they are targeting the . . .

          Comment


          • #6
            Re: CVS to stop selling tobacco products

            "Well, er, smoking's been taxed, drinking's been taxed but not... thingy."
            http://www.montypython.net/scripts/taxthing.php

            On a high note, smoking rates are now at the lowest since teenage smoking rates have been tracked (it started somewhere in the mid-70s, I think) and that means adult smoking rates will plummet in coming years. Aside from anything else, CVS may have decided that selling cigarettes will not be nearly as profitable in the future as it is now.

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            • #7
              Re: CVS to stop selling tobacco products

              Yes, I give them a good deal of credit for this decision. I also expect that, over time, it will be seen as a smart business move--which is fair enough.

              I believe I saw stats something like the following: in the mid 1960s, 42% of American adults smoked vs. 18% now. That's a very impressive improvement.

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              • #8
                Re: CVS to stop selling tobacco products

                Forget the US... most of the rest of the planet LOVES cigarettes. Every time I've been in Europe I have noticed this.

                And as to China, they are seriously, seriously addicted. My %'s may be way off, but they are staggering from what I recall... something like 60 % + of all cigarettes smoked on the planet, are smoked in China.

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                • #9
                  Re: CVS to stop selling tobacco products

                  Originally posted by dukehjsteve
                  Forget the US... most of the rest of the planet LOVES cigarettes. Every time I've been in Europe I have noticed this.

                  And as to China, they are seriously, seriously addicted. My %'s may be way off, but they are staggering from what I recall... something like 60 % + of all cigarettes smoked on the planet, are smoked in China.
                  http://en.wikipedia.org/wiki/List_of_co ... per_capita

                  For me, the biggest surprise is how high Switzerland is here.

                  Comment


                  • #10
                    Re: CVS to stop selling tobacco products

                    Originally posted by JumboElliott
                    Cigarette taxes, liquor taxes, and the lottery are like the most regressive taxes there are. Essentially punishing the poor.
                    Actually, they may improve the welfare of the poor more than most public policies (excluding the lottery, of course).

                    Comment


                    • #11
                      Re: CVS to stop selling tobacco products

                      Hats off to CVS. The entire cigarette market, from the dangers of the product to the gauging taxes taken from the poorest of our neighbors belches an awful stench.

                      Edit: Nevertheless folks have a right to buy cigs with their own money.

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                      • #12
                        Re: CVS to stop selling tobacco products

                        Then there's the reaction from one of the Fox News brain surgeons:

                        http://progressivepopulist.org/2014/02/ ... tes-video/

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                        • #13
                          Re: CVS to stop selling tobacco products

                          Originally posted by gh
                          Then there's the reaction from one of the Fox News brain surgeons:
                          http://progressivepopulist.org/2014/02/ ... tes-video/
                          Originally posted by Fox Rocket Scientist
                          ‘People Have a Right to Buy Cigarettes!’
                          So stores do NOT have a right to sell what they wish??!!

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