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CVS kicks the tobacco habit
CVS kicks the tobacco habit

The nation's No. 2 drugstore operator finally kicked the habit. CVS plans to announce Wednesday that it has pulled all remaining cigarettes, cigars, smokeless tobacco and other tobacco products from each of its 7,700 pharmacies nationwide. The company, long known as CVS Caremark Corp., unveiled plans to rebrand as CVS Health, a clear nod to the broader role it hopes to play in the healthcare market. The move to go tobacco free, which comes a month earlier than planned, carries a substantial risk to CVS' bottom line but also the potential for a long-term competitive advantage over its peers, particularly Walgreen Co., the nation's largest pharmacy retailer. "We...

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