CVS drops tobacco sales to focus on health-care role

Published Updated 7 Min Read

(Bloomberg) — By ending the sale of tobacco products in its 7,600 pharmacies, CVS Caremark Corp. is redefining itself as a health-care provider in an environment in which millions of newly insured Americans will be looking for quick and convenient medical care.

CVS is already the largest U.S. seller of prescription drugs. In the last decade, the company has also been increasing its footprint in health care, opening 800 in-store clinics nationwide with nurses and physician assistants who can diagnose and write prescriptions for minor illnesses.


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