CVS Renames Itself CVS Health as it Ends Sale of Tobacco Products
(1) Who are the major winners and losers in this story? Why do you think so?
There is a mix of winners and losers in this story and some parties could be considered both. For example, CVS is gaining a lot of support for its new focus on health, but it also does so at the expense of revenues. The video mentions that CVS's revenue will decrease from the organization stopping the sale of tobacco products at its retail chains.
The consumers could also be considered both winners and losers. The video mentions one individual who states that he will simply have to walk across the street to buy his cigars. However, other tobacco customers could be more significantly inconvenienced and have to travel further to buy tobacco products. However, depending on the perspective, some would argue that this might provide some tobacco users an increased incentive to quick using this products and ultimately they could be winners because of the changes.
From the perspective of public health, this seems as if it can only be considered a win. Tobacco products clearly have been shown to have a wide range of negative health consequences to the users as well as those around...
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CVS Renames Itself CVS Health as it Ends Sale of Tobacco Products (1) Who are the major winners and losers in this story? Why do you think so? The new CVS strategy definitely seems more consistent relative to health promotion. Promoting health and well-being includes smoking cessation and being smoke free. By selling tobacco products, many argued that CVS was sending mixed signals to their clients. However, the reorganization of the company,
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