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re: CVS To Stop Selling Cigarettes By October
Posted on 2/5/14 at 7:52 am to RickAstley
Posted on 2/5/14 at 7:52 am to RickAstley
CVS wouldn't be doing it if it hurt their bottom line. I'd imagine the margins are very small and it will allow them to use the space for more profitable items. Also probably allows them to use younger workers.
Posted on 2/5/14 at 11:09 am to C
quote:
I'd imagine the margins are very small and it will allow them to use the space for more profitable items
I wonder how many people bought overpriced 20 oz cokes, energy drinks, chips, candy, etc., along with the cigarettes they purchased. Seems like the cigs is somewhat akin to gasoline at a gas station--not super profitable, but it does drive traffic into the store.
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