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To: 2ndDivisionVet; Fzob
I have no problem with this action by CVS. It is their business and they get to run their stores as the wish.

Oh, I agree. And I don’t have to darken their doorways, either. And no, I’m not a smoker.

+1 and +1

Although I still maintain the offloading tobacco in favor of health services resulting in a first year revenue break-even ($2 billion loss from tobacco, $2 billion gain from health services) with revenue gains the following year (from increasing demand for health services, synergies from having prescriptions both written and filled in the same store and partnerships with large health-care companies like Kaiser) makes very, very good business sense for them.

I also don't see them offloading soda that easily. Looking at how large of a footprint it has in their stores, sodas rake in a LOT more revenue than tobacco products do. Tobacco is 1.5% of their revenue, easy to toss under the revenue neutral then revenue + scenario projected. Soda won't be an easy toss for them.
13 posted on 02/09/2014 4:23:18 AM PST by tanknetter
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To: tanknetter

Getting rid of smokes lowers its robbery target profile, so there would be some cost savings on its insurance.


29 posted on 02/09/2014 5:12:22 AM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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