CVS Saying ‘No’ to Tobacco Celebrated at State of the Union

By Sheryl Estrada


Merlo

The national spotlight that shined on CVS Health when the company first announced in February 2014 that it would end tobacco sales is about to get brighter.

President and CEO Larry J. Merlo will be a guest at Tuesday’s State of the Union address for his company’s efforts in making a difference in the health of Americans. He will join 22 others in a box with First Lady Michelle Obama; Dr. Jill Biden, wife of Vice President Joe Biden; and Valerie Jarrett, Senior Advisor to the President.

“It’s certainly exciting, and I think it’s really a recognition that reflects the work of our more than 200,000 colleagues across the country,” Merlo told the Providence Journal. “I think everyone could relate to the effects of tobacco and how it may have affected a family member or a loved one.”

The White House also highlighted CVS Health’s recruitment and talent-development efforts, saying in a release that Merlo “has prioritized the company’s commitment to creating economic opportunities for current and future colleagues at all levels. CVS Health recognizes the value of military service and has a long-standing commitment to hiring qualified veterans and military spouses. The company has also established programs to hire long-term unemployed workers, create summer jobs for youth and transition workers off public assistance. CVS Health also trains pharmacy technicians through apprenticeship programs, offers scholarships to future pharmacists, and engages diverse students interested in science, technology, engineering and math (STEM) careers.”

CVS Health (one of DiversityInc’s 25 Noteworthy Companies) is the first major pharmacy chain in the U.S. to stop selling tobacco products—most notably, cigarettes. The recent rebranding of the company, from CVS Caremark to CVS Health, involves multiple initiatives to foster wellness in its customers as well as its employees.

On Sept. 3, a month before its original deadline of Oct. 1, CVS stores nationwide ceased sales of tobacco products. It was a risky decision, which could result in the loss of approximately $2 billion in sales.

In a statement in September, Merlo said, “Selling tobacco in a healthcare setting was becoming a growing contradiction for the health brand. By eliminating cigarettes and tobacco products from sale in our stores, we can make a difference in the health of all Americans.”

Latest News

Dow Commits $3 million to Aid COVID-19 Relief Efforts and Adjusts Manufacturing Processes to Produce Hand Sanitizer

Originally posted on Dow.com Dow announced a commitment of $3 million to help fund COVID-19 relief efforts with donations going towards global relief organizations, as well as non-profits in communities where Dow operates. In addition, the Company announced it has begun producing hand sanitizer at its manufacturing site in Stade, Germany, and…

EY COVID-19 Business Continuity Plan: Five Ways to Reshape

Originally posted on EY LinkedIn and  EY.com  EY Responding to COVID-19 COVID-19 is an unfolding event bringing uncertainty to every business. To help you navigate through these unprecedented times, here you’ll find the most relevant EY insights on responding to volatility and building enterprise resilience. Global companies have to be predictive…

Wells Fargo Announces Aid for Customers and Communities Impacted by COVID-19

Comprehensive response includes suspending residential foreclosure sales, fee waivers and acceleration of $175 million in donations to help the most vulnerable Originally published on newsroom.wf.com. Wells Fargo & Company (NYSE: WFC) today announced additional comprehensive steps to help customers, communities and employees grappling with the impact of COVID-19. The company…

Cox Commits up to $5M for COVID-19 Testing

Originally posted on Cox.com The James M. Cox Foundation announced its commitment to provide up to $5 million to Emory Healthcare for purchasing COVID-19 testing equipment. In response to the coronavirus crisis, Emory and Cox are taking the lead with significant action to support the community. The equipment is currently…

What You Need to Know About How Johnson & Johnson’s Supply Chain Is Responding to the Covid-19 Pandemic

The company’s Chief Global Supply Chain Officer shares the measures the company has taken to maintain its supply chain operations during the current novel coronavirus outbreak. Originally published on jnj.com. The effects of the global Covid-19 pandemic are undeniable. Kathy Wengel, Executive Vice President & Chief Global Supply Chain Officer,…

Humana Foundation Donates $500,000 in Support of Coronavirus Pandemic Relief and Recovery Efforts

Originally published on Humana.com – Partnership with Feeding America will support COVID-19 response funds addressing food and financial needs in communities across the U.S. – Collaborative effort in greater Louisville area will offer free COVID-19 screenings The Humana Foundation, the philanthropic arm of Humana Inc., announced today it will provide $500,000…