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re: CVS stops selling cigs... sales of other stuff tumbles

Posted on 8/4/15 at 5:46 pm to
Posted by Walking the Earth
Member since Feb 2013
17264 posts
Posted on 8/4/15 at 5:46 pm to
quote:

The fact CVS is hurting a bit from its tobacco ban is not shocking. When CVS first announced the move in February 2014, it warned sales could take a $2 billion hit. That's just a fraction of the $139 billion in annual sales CVS generates, but it's not nothing.


Seems like this was anticipated.
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