CVS Drug Store Announces They Will Stop Selling Cigarettes

Starting this fall tobacco products will no longer be sold at CVS.
3:00 | 02/05/14

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Transcript for CVS Drug Store Announces They Will Stop Selling Cigarettes
deemed inconclusive. Now, we turn to a milestone event in America's long history with cigarettes. Today, the drugstore goliath, CVS, said enough is enough. And starting this fall, their stores will no longer sell tobacco products. Are other stores about to physical low suit? Rebecca Jarvis has been working the phones. Reporter: We worked the phones all day. This is Rebecca Jarvis with "World news." Calling the major drugstore chains across the country. We want to know if Walgreens is contemplating making any similar moves. Not one as of tonight, said they're following CVS' path. But some are evaluating. It's a monumental move. CVS saying that by October 1st, none of its 7,600 will sell cigarettes and tobacco products. As we looked ourselves in the mirrors and said, what kind of company do we want to be? Do we want to be a health care company? It became the right decision for us. Reporter: It might make good business sense down the road. Cigarette sales are dropping. Down 31% over the past decade. At the same time, CVS is growing its walk-in health clinics. And analysts say the move could bolster that business. And two, major cities have already banned cigarette sales in pharmacies, Boston and San Francisco. Target, which has a big pharmacy business, stopped selling tobacco products in the '90s. But all eyes are on those other pharmacy chains. Each of them telling me today, they're looking closely, Diane, ever so closely at what CVS is doing. Will this be a trend? Now, we take you overseas to

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