image source, Reuters
CVS is the largest drugstore chain in the United States.
CVS, the largest drugstore chain in the United States, appeared at midnight this Wednesday every pack of cigarettes on its shelves.
The fact, which was presented a month before the announcement, is part of a change in the company’s strategy that includes a new name: it goes from being called CVS/Care Brand to CVS/Health.
«We are facing what we all see as a changing landscape in health care,» the chain’s spokesman, Larry Merlo, told local media.
It is estimated that with this decision, CVS will lose at least $2 billion in revenue from cigarette sales.