With investors pressuring the drug-store giant to retreat from tobacco just as rival CVS decided to do in 2015, the hole Walgreens would leave could trigger a major windfall for convenience retailers
1, the drug store company announced Tuesday in a press release, calling the change "the most recent step in an ongoing effort to further prevent youth access to tobacco products." "Weve seen positive results from other recent efforts to strengthen our policies related to tobacco sales, and believe this next step can be even more impactful to reduce its use among teens and young adults," said Walgreens President of Operations Richard Ashworth
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'Hookah Smoking - An Age-old Modern Trend'
The FDA put Walgreens on notice in February, accusing the pharmacy chain of violating rules that prohibit selling cigarettes and other tobacco products to underage buyers