In a first for a major drugstore chain, CVS will stop selling cigarettes and other tobacco beginning in October. That will wipe out an estimated $2 billion a year in sales, but CVS believes it can more than make up the difference by expanding services to promote better health.
Troy Brennan, Chief Medical Officer for CVS Caremark, joined us to talk about the company’s decision.
“As a health care company, you just can’t be selling the number one public health problem,” Brennan says.
Click play on the audio player above to hear the whole interview.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.