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We will continue to evaluate the choice of products our customers want, while also helping to educate them and providing smoking cessation products and alternatives that help to reduce the demand for tobacco products." Rival Rite Aid echoed Walgreen's response, saying, "We continually evaluate our product offering to ensure that it meets the needs and interests of our customers." CVS calculates it will lose $1.5 billion in direct tobacco revenues annually, and $500 million in ancillary sales from products customers buy when they purchase cigarettes
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When they switch to these products they rapidly reduce their consumption of cigarettes, they double their quit attempts and have more smoke free days, John Pritchard, 22nd Century Group regulatory science vice president, said