Talk of The Villages Florida - View Single Post - Larry Merlo, President of CVS Pharmacy
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Old 02-07-2014, 11:38 AM
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The decision by CVS to drop tobacco products is not quite as altruistic as it may first appear.

They will initially get a lot of good PR, which is obvious, but tobacco products are not all that profitable for CVS. Yet, they are a pain in the butt at the store level. They are labor intensive to stock and to process at the cashier station. Now, that shelf space will be available for more profitable and less labor intensive items.
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