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CVS Shrugs Off $2 Billion In Cigarette Sale Losses
Monday, August 11, 2014 - 8:25am | 481In February of this year, CVS Caremark Corp. (NYSE: CVS) made headlines –- and acclaim from anti-smoking activists –- when it announced the company would phase out the sale of cigarettes, cigars and chewing tobacco in more than 7,600 drugstores by October 2014. Investors worried the...
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Which Retailer Will Be Next To Discontinue Tobacco Sales?
Wednesday, February 5, 2014 - 6:20pm | 618So, who's next? Now that CVS (NYSE: CVS), the nation's second-largest drugstore chain, has announced it will phase out the sale of tobacco products at its stores by October of this year, consumers and investors are watching to see which retail chain will be next to fall in line and ban cigars,...