cvs health stops selling tobacco CEO: Happy to say we are free Here's why CVS stopped selling

However, CVS said it does expect to lose about $2 billion in annual revenue from tobacco shoppers, equaling about 17 cents per share

The company announced Wednesday it will phase out sales of cigarettes, cigars and chewing tobacco at its 7,600 US stores by Oct

"CVS is pushing aggressively ahead in terms of becoming a provider of care and having in-store pharmacists and nurse practitioners offer high-quality care in a low-cost environment," he said

Ad and PR agencies that pledge to Quit Big Tobacco join a list of Tobacco-Free Agencies committed not to work with tobacco or vaping clients

CVS said it also plans to launch a national smoking cessation program this spring that will include information and treatment on how to stop smoking

Retail pharmacies make up about 4 percent of tobacco sales in the U.S