Pros And Cons Of CVS

In 2014, USA Today stated, “CVS announced in February that it planned to drop tobacco by Oct. 1 as the sales conflicted with its health care mission” (O’Donnell). At this time, CVS and many other drug stores stopped selling cigarettes and other tobacco products and introduced programs to help with relapses because of pressure that society put on them. Now CVS is being pressured to stop selling junk food, sugary drinks, and alcohol. These products could be considered dangerous when consumed to a certain extent, as all products can be, but the health risks of smoking are much larger. Tobacco products are also much more addictive than the products in question. Although most drugs stores are helping to fight tobacco use, they should not stop

When a store such as CVS has the ability to fulfill a service, such as providing junk food or alcohol, both the seller and buyer benefit from the transaction. The transaction results in profit for CVS and goods for the customer. The consequences of these products being sold are positive for the buyer and the seller, with few stakeholders experiencing a negative affect. Removing these products from inventory would also reduce overall revenue for the company substantially, resulting in an increase in other product prices to compensate for these losses. The communities in which the stores operate benefit from a wide variety of products to choose from including junk food, alcohol, and sugary drinks. If CVS were to discontinue providing these goods in their stores, the customers would have to travel further to a seller that can provide them with these goods. Although some groups believe keeping these products is harmful, by keeping them on the shelves, more stakeholders are

Edward Freeman, founder of Stakeholder Theory, believes that a company should do what’s best for every stakeholder involved, such as employees, customers, and shareholders, to name a few. By continuing to sell the products in question, every stakeholder is benefitted. CVS will continue to make more profits because they’re selling more product. This, in turn, benefits CVS employees because they have more money to possibly improve salaries, workplace environment, and ensures they continue to have a job. Keeping these products in store also benefits the customers. Customers desire freedom in shopping and not be restricted by a store deciding what they should and shouldn't buy. If CVS did that, customers would likely shop there less, again, forcing the customer to go elsewhere and decreasing profits for CVS. Stakeholder Theory proves large pharmacy chains should keep junk food, alcohol, and sugary drinks in stores because would benefit the most stakeholders and especially