CVS to stop selling cigarettes in stores nationwide

By WEEK Producer

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February 5, 2014 Updated Feb 5, 2014 at 8:07 PM CDT

One of the nation's largest pharmacies announced Wednesday that it will stop selling tobacco products in its stores.

CVS Caremark, which will end sales on October 1, said selling cigarettes side-by-side with medicine undermines the company's mission to promote good health.

The announcement comes as the Journal of the American Medical Association releases an article on ending tobacco sales in pharmacies.

The chain will lose about $2 billion in revenues annually from sales of tobacco in its 7,600 stores around the country.

President Obama said he applauds the move and hopes it begins a national campaign to help millions of Americans to stop smoking

Despite huge reductions over the past 50 years about 18-percent of Americans, 42 million people, still smoke.

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