“CVS Caremark, the country’s largest drugstore chain in overall sales, announced on Wednesday that it planned to stop selling cigarettes and other tobacco products by October.

The company’s move was yet another sign of its metamorphosis into becoming more of a health care provider than a largely retail business, with its stores offering more miniclinics and health advice to aid customers visiting its pharmacies.

The company estimated that its decision would shave an estimated $2 billion in sales from customers buying cigarettes and other products, including incidental items like gum that those shoppers might also purchase. That is a mere dent in its overall sales of $123 billion in 2012, the latest figures available.”* Cenk Uygur, Ana Kasparian, Ben Mankiewicz and Jimmy Dore (The Jimmy Dore Show) break it down.

*Read more here from Stephanie Strom / NY Times:
http://www.nytimes.com/2014/02/06/business/cvs-plans-to-end-sales-of-tobacco-products-by-october.html

**********

The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET.

Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)

Download audio and video of the full two hour show on-demand + the members-only post game show by becoming a member at http://tytnetwork.com/tytmembership. Your membership supports the day to day operations and is vital for our continued success and growth.