Economists Question CVS Move

JMU Experts Doubtful Motive Solely Altruistic

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Posted: February 7, 2014

CVS, which operates three retail stores in Harrisonburg, including the store on the corner of South High Street and South Avenue, announced this week it would stop selling tobacco products at all of its 7,600 stores by Oct. 1. (Photo by Michael Reilly / DN-R)

HARRISONBURG — CVS Caremark plans to exit the tobacco business to promote better health, but economists wonder whether the company’s stated motivation is a smokescreen.

That the nation’s No. 2...



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