Study: CVS Health's tobacco halt reduces overall cigarette purchasing

retaildive.com – 17 de febrero de 2017 – EEUU
Since CVS stopped selling tobacco products in 2014, Americans are now less likely to buy cigarettes, with CVS shoppers in particular 38% less likely to buy cigarettes anywhere, according to a study conducted by CVS researchers recently published in the American Journal of Public Health.

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http://www.retaildive.com/news/study-cvs-healths-tobacco-halt-reduces-overall-cigarette-purchasing/436470/

What corporate America can learn from CVS Health's anti-tobacco campaign

fortune.com – 3 de Agosto de 2015 – EEUU

The company’s transformation is a reminder that sometimes big dogs can learn new tricks.

At this year’s Fortune Brainstorm Tech conference in Aspen, Helena Foulkes, executive vice president of drugstore chain CVS Health CVS 0.64% , shared an insider’s perspective on the company’s decision to stop selling cigarettes and other tobacco products in its 7,800 stores. When CVS announced the decision in 2014, it was an unprecedented move. It was also potentially a costly one since $2 billion of the company’s annual revenue came from tobacco products.

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http://fortune.com/2015/08/03/cvs-health-anti-tobacco-earnings/

How CVS plans to replace $2 billion in lost tobacco sales

fortune.com – 22 de Junio de 2015 – EEUU

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http://fortune.com/2015/06/22/cvs-retail-strategy-without-tobacco/?xid=timehp-category

Grocery store chain to stop tobacco sales

news10.net – 16 de Febrero de 2015 – EEUU

You won't find cigarettes and tobacco chew on the store shelves of Raley's, Bel Air and Nob Hill Foods by the end of February, according to Raley's.

The West Sacramento-based grocery store chain has made the decision to cease sales of tobacco products to promote health and wellness.

Many customers in the parking lot of the Natomas Boulevard location on Friday thought the news was positive.

"Being a non-smoker, it doesn't affect me, but being around second hand smoke can be a little bit annoying, so I think it's a good move," shopper Robert Stevenson said.

Smaller liquor stores nearby are looking forward to possible sales coming their way.

"It'll help us a little bit you know," Select Wine & Spirits manager Manny Gaara said.

Smokers on the other hand are not as happy.

"The fact that they're not selling tobacco products anymore its actually kind of disappointing," Branden Hooker said. "I think for some reasons, it could be good for those who don't smoke. But honestly, for people who do, its going to be a lot harder."

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http://www.news10.net/story/news/2015/02/13/grocery-stores-to-stop-tobacco-sales/23373495/

CVS earnings beat forecasts in first tobacco-free quarter

philly.com – 11 de Febrero de 2015 – EEUU

CVS Health Corp., the largest provider of prescription drugs in the United States, posted fourth-quarter earnings that beat analyst estimates as demand for medicine outweighed the drop in revenue from a decision to stop selling tobacco products.

Profit of $1.21 a share, excluding one-time items, was one cent more than the average of analysts' estimates compiled by Bloomberg. Sales rose 13 percent to $37.1 billion, the Woonsocket, R.I.-based company said in a statement Tuesday. Analysts had projected $36 billion on average.

Growth in prescription drug sales, driven by new health insurance available to millions of previously uninsured Americans through the Affordable Care Act, is helping the company weather the loss of tobacco revenue.

CVS stopped selling cigarettes in September, making the fourth quarter the first full financial period without any tobacco-related revenue. CVS previously generated about $2 billion annually in tobacco sales.

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http://www.philly.com/philly/business/20150211_CVS_earnings_beat_forecasts_in_first_tobacco-free_quarter.html#Zwo4qJICIs2t8877.99

fool.com – 9 de Noviembre de 2014 – EEUU

Is CVS Health's "Tobacco-Tax" Brilliant or Stupid?

Supporters are heralding CVS Health's decision to create narrow pharmacy networks that penalize tobacco users as a brilliant move, but detractors think it may alienate customers. Both sides have valid arguments, but I think that CVS Health's decision leans toward the brilliant. Here's why.

First, a bit of background

CVS Health announced earlier this year that it would stop selling tobacco products in its retail stores and the company followed through on that promise in September.

The choice has been met both with support from antitobacco advocates who remain concerned by the number of preventable deaths caused by tobacco and by opposition from investors who worry over the impact of $2 billion in lost annual revenue and the risk of angering consumers.

In making its decision to halt sales of tobacco, CVS Health said that eliminating tobacco was in line the company's broader mission of improving consumer health. But recent news that CVS Health is creating new drug plans that charge higher co-pays for scripts filled at tobacco retailers suggests that the decision could also be based on feedback it was receiving from clients of its $76 billion pharmacy benefit business.

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http://www.fool.com/investing/general/2014/11/09/is-cvs-healths-tobacco-tax-brilliant-or-stupid.aspx

wsj.com – 07 de Noviembre de 2014 – EEUU

Express Scripts Eyes Forming Alcohol and Tobacco-Free Pharmacy Networks

Express Scripts the nation’s largest pharmacy benefits manager, is surveying pharmacy owners about creating a network of outlets that do not sell tobacco products or alcohol. A spokesman confirms that information is being gathered, but no decision has been made on whether a network will be created or if customers will be charged extra co-payments for visiting a pharmacy that sells such products.

The move comes after the Caremark pharmacy benefits manager agreed to create pharmacy networks that will charge customers an extra co-payment for filling prescriptions at any drug store that sells tobacco products. The move could help CVS which owns Caremark, compensate for an estimated $2 billion in revenue that may be lost now that its own pharmacies stopped selling tobacco products.

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http://blogs.wsj.com/pharmalot/2014/11/05/express-scripts-eyes-forming-alcohol-and-tobacco-free-pharmacy-networks/

forbes.com – 04 de Noviembre de 2014 – EEUU

CVS Health Pharmacy Business Overcomes Loss Of Tobacco Sales

CVS Health (CVS), which no longer sells cigarettes and other tobacco sales, is generating better than expected sales from new business across all lines including drugstores, retail clinics and its pharmacy benefit management company.

Though the loss of tobacco sales hurt sales in the front of its stores, CVS chief executive Larry Merlo said in reporting the company’s third quarter results this morning that revenue increased nearly 10 percent in the period to $35 billion, which was ahead of analysts’ expectations by more than $250 million.

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http://www.forbes.com/sites/brucejapsen/2014/11/04/cvs-health-pharmacy-business-overcomes-loss-of-tobacco-sales/

forbes.com – 20 de Octubre de 2014 – EEUU

CVS Smoke-Free Pharmacy Benefit Excludes Tobacco-Selling Rivals

CVS Health (CVS) confirmed its Caremark pharmacy benefit management subsidiary would sell a smoke-free drugstore network to employers and health plans that would provide subscriber discounts for using “tobacco-free” pharmacies.

The move, which would benefit CVS Health pharmacies given the company’s decision to stop selling tobacco, could at the same time hurt rivals like Walgreen WAG +1.66% (WAG), Wal-Mart (WMT) and others because a health plan subscriber that would use pharmacies outside the Caremark smoke-free network would pay higher co-payments and related cost-sharing.

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http://www.forbes.com/sites/brucejapsen/2014/10/20/cvs-smoke-free-pharmacy-network-would-exclude-tobacco-selling-rivals/

edsource.org – 20 de Octubre de 2014 – EEUU

New campaign urges retailers to go tobacco-free

Now that retailers like CVS, Wegmans, and Target have stopped selling tobacco products, the Campaign for Tobacco-Free Kids is launching a first-of-its-kind national campaign that informs consumers about a retailer’s policy on tobacco sales, encourages them to shop at tobacco-free retailers and urges other retailers to end tobacco sales.

Campaign president Matthew Myers spoke with us this morning about this new initiative.

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http://fox43.com/2014/10/20/new-campaign-urges-retailers-to-go-tobacco-free/

cleveland.com – 14 de Octubre de 2014 – EEUU

CVS almost pulled more than tobacco products off its shelves

CLEVELAND, Ohio -- In September, CVS Caremark went forward with its plan to stop selling tobacco products, resulting in an estimated $2 billion-a-year financial hit, to focus on being more of a healthcare provider. A company representative recently said the decision was almost more drastic than that, though.

The company's chief executive, Larry Merlo, said when CVS decided to quit selling cigarettes, cigars and chewing tobacco at all 7,600 stores in February, candy and soda were almost cut too.

"The company decided that because consuming moderate amounts of junk food isn't considered dangerous by medical experts, those products could stay on CVS shelves," The Huffington Post reported.

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http://www.cleveland.com/business/index.ssf/2014/10/cvs_almost_pulled_more_than_to.html

sourcenewspapers.com – 16 de septiembre de 2014 – EEUU

STATE: Michigan smoking rates decline; CVS stops selling tobacco

The decision by the CVS drugstore chain to stop selling tobacco products effective Sept. 3 in its 7,700 stores nationwide — and more than 240 in Michigan — is a move expected to cost it $2 billion in revenue.

But that’s a drop in the bucket compared to the $96 billion that the Centers for Disease Control in Atlanta estimates the health care costs of smoking to be nationally.

“Tobacco products have no place in a setting where health care is delivered,” CVS President and CEO Larry Merlo said in February to announce the company’s new policy. “Banning tobacco products from our stores is the right thing to do.”

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http://www.sourcenewspapers.com/articles/2014/09/12/news/doc54132471c5777180416258.txt

thanhniennews.com – 16 de septiembre de 2014 – EEUU

New Tobacco Regulations Take Effect In Pittsfield

New tobacco regulations aimed to curb youth smoking and reduce second-hand smoke in public areas went into effect today in the city of Pittsfield, Mass.

The regulations enacted by the city’s Board of Health ban tobacco in city-owned parks, set a minimum price for single cigar sales and aim to reduce the number of tobacco sales permits in Pittsfield. The city banned tobacco products in pharmacies in 2012. Under the new regulations, stores must sell at least two cigars at a time in their original packaging, but single cigars can be sold at a minimum price of $2.50. Gina Armstrong is the city’s public health director.

“The cheap cigars are really marketed to kids in that they’re candy and fruit-flavored,” Armstrong said. “So it introduces them to tobacco products and to the possibility of establishing habits that will lead to lifelong addiction of nicotine. They’re considered to be starter products.”

Ann Shacar co-owns Wahconah Package & Variety store. She says the cigar regulations won’t work.

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http://wamc.org/post/new-tobacco-regulations-take-effect-pittsfield

macombdaily.com – 14 de septiembre de 2014 – EEUU

Smoking rates decline; CVS leads the way in ending tobacco sales

The decision by the CVS drugstore chain to stop selling tobacco products effective Sept. 3 in its 7,700 stores nationwide — and more than 240 in Michigan — is a move expected to cost it $2 billion in revenue.

But that’s a drop in the bucket compared to the $96 billion that the Centers for Disease Control in Atlanta estimates the health care costs of smoking to be nationally.

“Tobacco products have no place in a setting where health care is delivered,” CVS President and CEO Larry Merlo said in February to announce the company’s shift toward health provider.

“Banning tobacco products from our stores is the right thing to do,” Merlo said.

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http://www.macombdaily.com/general-news/20140912/smoking-rates-decline-cvs-leads-the-way-in-ending-tobacco-sales

eluniversal.com – 10 de septiembre de 2014 – Venezulela

Tabaco: ¿se acerca el final del juego?

El 3 de septiembre del 2014 marcó un hito en la evolución de la epidemia de tabaquismo: la cadena de farmacias CVS -la segunda droguería más grande de Estados Unidos con más de 7.000 locales en todo el país- dejó de vender productos de tabaco.

Esta medida no solo tendrá importantes consecuencias en la reducción del consumo de tabaco en este país, sino que también implica un cambio de paradigma que puede repercutir a nivel mundial.

En cierto sentido las actitudes hacia el tabaco en Estados Unidos han completado un círculo en los últimos cien años. A principios del siglo pasado, el uso del tabaco no era deseable, pero lentamente, y por las acciones de promoción de las compañías tabacaleras, comenzó a ser aceptado socialmente, estimulado por campañas como la de Camel, que se presentaba como el cigarrillo preferido por los médicos, o por acciones como repartir tabaco a los soldados que luego retornaban de la guerra convertidos en fumadores.

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http://www.eluniversal.com/opinion/140910/tabaco-se-acerca-el-final-del-juego

20minutos.es – 09 de Septiembre de 2014 – EEUU

CVS Pharmacy coloca chicles con nicotina donde antes vendía tabaco

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http://www.20minutos.es/noticia/2229831/0/cigarrillos/farmacia/adiccion/#xtor=AD-15&xts=467263

healthline.com – 08 de Septiembre de 2014 – EEUU - Washington

Youth Activists Get Young People to Quit Smoking; CVS Pulls All Tobacco Products

According to Legacy, a Washington, D.C,-based public health foundation dedicated to tobacco control, more than 5.6 million young people alive today are projected to die prematurely from the use of tobacco products.

Nearly 3,200 young people try their first cigarette every day, and one-third of youth smokers will eventually die from tobacco use.

Living a Smoke-Free Lifestyle

Vincent Irving, 24, is one of four people participating in Legacy's fellowship program this year. He has been involved in smoking prevention and cessation programs for young adults since he was in high school. For five years, he served as the coordinator for Students Against Tobacco, a tobacco prevention program for middle and high scholars. Today, he also works for the Florida Department of Health in Leon County as a tobacco prevention specialist.

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http://www.healthline.com/health-news/youth-activists-get-young-people-to-stop-smoking-090814

20minutos.es – 7 de septiembre de 2014 – España

CVS Pharmacy coloca chicles con nicotina donde antes vendía tabaco

La gran cadena de farmacias y tiendas CVS (segunda cadena dedicada a la farmacia más grande de EE UU) quiere acabar con la paradoja que supone vender medicinas y tabaco. En los letreros de esta cadena dice CVS Pharmacy pero lo que hay dentro de sus establecimientos es mucho más que una farmacia. Ha incrementado la presión sobre competidores como Walmart y Walgreens para que sigan el ejemplo. EE UU es un país donde las farmacias acostumbran a estar dentro de grandes negocios donde se vende casi de todo.

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http://www.20minutos.es/noticia/2229831/0/cigarrillos/farmacia/adiccion/

washingtonpost.com – 3 de septiembre de 2014 – EEUU

After quitting tobacco, CVS makes its next health-care moves

When CVS announced about seven months ago that it would end tobacco sales at its 7,600 stores, the move was seen both as a public health victory and a calculated business decision for the nation's second-largest drug store chain as it expands its health-care footprint. And on Wednesday morning, CVS is outlining further steps to emphasize its health care business, which includes 900 walk-in clinics, a pharmacy benefits operation covering 65 million patients, and partnerships with dozens of local health-care systems.

For starters, the company said all tobacco sales are ending Wednesday, about a month earlier than the original Oct. 1 target, and it's launching a cessation program to help smokers quit. The company is also undergoing a corporate name change, from CVS Caremark to CVS Health, to underscore its focus on the massive sector of the economy.

CVS officials have said that banning tobacco from store shelves will cost the company an estimated $2 billion in lost sales annually (out of a total $125 billion overall). But the move is positioning the company for bigger sales from its health-care business. Indeed, CVS reported last month that front-of-store sales dropped .4 percent in the second quarter, an indication of lower tobacco sales as the products have been gradually removed from stores over the past few months. But the company reported second-quarter profits rose 11 percent, particularly on the strength of its pharmacy business.

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http://www.washingtonpost.com/blogs/wonkblog/wp/2014/09/03/after-quitting-tobacco-cvs-makes-its-next-health-care-moves/

krcrtv.com – 4 de septiembre de 2014 – EEUU

Tobacco sales end at CVS

REDDING, Calif. -

Tobacco products are no longer for sale at CVS. In February the pharmacy chain announced they would be ending tobacco sales in October. But the change came earlier than originally planned.

The American Pharmacists Association called on drugstores to stop selling tobacco back in March 2010. Many smaller chains and independent stores stopped selling tobacco, but CVS will be the first large chain to end tobacco sales.

“I think that's a positive attitude for them,” said CVS customer David Shillington. “I’m glad to see that more people are doing that now. I don't smoke and I don't think it should be sold in stores. It’s just wrong, I think. That’s my belief."

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http://www.krcrtv.com/news/local/tobacco-sales-end-at-cvs/27868052