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Old 02-16-2014, 03:50 PM
 
Location: Michigan
29,391 posts, read 55,579,134 times
Reputation: 22044

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As long as cigarettes are legal, retail stores have every right to sell them. But at what point does a company claiming to be a champion of affordable health care lose credibility by continuing the practice?

That's the question Wal-Mart (NYSE: WMT ) , the world's largest retailer, needs to decide. And the pressure to do so increased with the recent announcement by CVS Caremark (NYSE: CVS ) that it will stop selling tobacco products by the beginning of October.

Wal-Mart Will Stop Selling Cigarettes -- It's Only a Matter of Time - Fool.com
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Old 02-16-2014, 04:09 PM
 
4,582 posts, read 3,406,618 times
Reputation: 2605
The empty cigaratte shelves will be replaced with: Great Value 420
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Old 02-16-2014, 04:21 PM
 
11,086 posts, read 8,540,936 times
Reputation: 6392
It's their customer base who smokes cigarettes.
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Old 02-16-2014, 04:29 PM
 
27,307 posts, read 16,214,858 times
Reputation: 12102
Why would I care? I don't smoke.
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Old 02-16-2014, 04:33 PM
 
Location: Stasis
15,823 posts, read 12,459,683 times
Reputation: 8599
The Walmart's near me have 15-20 checkouts each and only 1 with cigarettes. They aren't that busy so I can't see it being it making any noticeable dent on store sales. The 7-11s and Circle K's near me however do a big business in cigarettes and single cans of beer for the drive home.
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Old 02-16-2014, 04:38 PM
 
56,988 posts, read 35,183,550 times
Reputation: 18824
I don't see why it matters if they do or don't sell cigs. It's not as if they need cigs to make a profit.
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Old 02-16-2014, 05:51 PM
 
Location: texas
9,127 posts, read 7,940,441 times
Reputation: 2385
Quote:
Originally Posted by John1960 View Post
As long as cigarettes are legal, retail stores have every right to sell them. But at what point does a company claiming to be a champion of affordable health care lose credibility by continuing the practice?

That's the question Wal-Mart (NYSE: WMT ) , the world's largest retailer, needs to decide. And the pressure to do so increased with the recent announcement by CVS Caremark (NYSE: CVS ) that it will stop selling tobacco products by the beginning of October.

Wal-Mart Will Stop Selling Cigarettes -- It's Only a Matter of Time - Fool.com
Is Walmart going to sell marketplace health insurance?
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Old 02-16-2014, 05:55 PM
 
Location: Montreal, Quebec
15,080 posts, read 14,319,224 times
Reputation: 9789
Quote:
Originally Posted by katzpaw View Post
The Walmart's near me have 15-20 checkouts each and only 1 with cigarettes. They aren't that busy so I can't see it being it making any noticeable dent on store sales. The 7-11s and Circle K's near me however do a big business in cigarettes and single cans of beer for the drive home.
I do hope you're joking.
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Old 02-16-2014, 06:18 PM
 
Location: Stasis
15,823 posts, read 12,459,683 times
Reputation: 8599
Quote:
The 7-11s and Circle K's near me however do a big business in cigarettes and single cans of beer for the drive home.
Quote:
Originally Posted by weltschmerz View Post
I do hope you're joking.
No joke. I'm in Texas.
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Old 02-16-2014, 07:12 PM
 
22,654 posts, read 24,579,035 times
Reputation: 20319
Doubt it....I usually have to walk through clouds of filth to get into my local Walmart.
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