On 5 February, CVS announced end price for all sale of tobacco products at each of its 7,600 stores across U.S. by October 1, 2014 . "simply put, sale of tobacco products is inconsistent with our purpose," says Larry J. Merlo, CEO of health products retailer CVS Caremark; with the corporate status quo seeming to value record profits above any semblance of social responsibility, it is refreshing to see big company like CVS aking more $2 billion annual sacrifice for sacrifice for the greater good.
On February 5, CVS announced an end to the sale of all tobacco products at each of its 7,600 stores across the U.S. by October 1, 2014. "Put simply, the sale of tobacco products is inconsistent with our purpose," says Larry J. Merlo, the CEO of health products retailer CVS Caremark. With the corporate status quo seeming to value record profits above any semblance of social responsibility, it is refreshing to see a big company like CVS make a $2 billion annual sacrifice for the greater good.