Walgreens to Raise Tobacco Buying Age to 21 and Older

Date : 23/04/2019 @ 17h45
Source : Dow Jones News
Valeur : Walgreens Boots Alliance Inc (WBA)
Cours : 54.66  0.145 (0.27%) @ 01h17
Walgreens Boots Alliance Cours Graphique

Walgreens to Raise Tobacco Buying Age to 21 and Older

Walgreens Boots Alliance (NASDAQ:WBA)
Graphique Historique de l'Action

6 Mois : De Avr 2019 à Oct 2019

Plus de graphiques de la Bourse Walgreens Boots Alliance
By Aisha Al-Muslim 

Walgreens Boots Alliance Inc. will raise the minimum age required for customers to buy tobacco products in its stores to 21, up from 18 in most states, as the drugstore chain faces pressure over its cigarette sales from federal regulators, activists and some investors.

The new chainwide policy will start Sept. 1, the company said Tuesday. Walgreens' move is its most recent step in its effort to further prevent youth access to tobacco products, including a policy implemented last October that requires verification regardless of age, the company said.

"We've 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," Richard Ashworth, Walgreens president of operations, said in a statement.

Walgreens' new policy comes as the company has been publicly supportive of efforts in a number of states to raise the legal age to use tobacco to 21. Currently, about a dozen states have raised the tobacco buying age to 21, along with at least 450 localities, according to the Campaign for Tobacco-Free Kids, an antitobacco nonprofit.

While Walgreens continues to sell cigarettes in the vast majority of its 9,600 U.S. stores, the chain has been testing some tobacco-free stores and is encouraging employees in others to offer aids to quit smoking to customers buying cigarettes. The pharmacy chain has also reduced the visibility of tobacco products in some stores.

Unlike CVS Health Corp., which stopped selling tobacco products in 2014, Walgreens has continued to sell cigarettes, electronic cigarettes and other tobacco products in most of its stores, drawing criticism from federal regulators, lawmakers as well as activists who say that tobacco products don't belong in a health store.

In February, the U.S. Food and Drug Administration called out the company out for being a top violator among pharmacies illegally selling tobacco products to minors. In response, Walgreens said that it has a zero-tolerance policy on selling tobacco to minors and any employee violating its policy is subject to termination.

Walgreens doesn't sell tobacco products at a test store in Deerfield, Ill., near its headquarters, as well as 17 stores in Gainesville, Fla., as part of a 12- to 18-month pilot program it started last year. It also doesn't sell cigarettes in Massachusetts, New York City and San Francisco, which have banned pharmacies from selling them. Outside North America, the company's Boots pharmacies don't sell tobacco products.

Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com


(END) Dow Jones Newswires

April 23, 2019 11:30 ET (15:30 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Dernières Valeurs Consultées
Société Gé..
CAC 40
Euro vs Do..
Les dernières valeurs consultées apparaîtront dans cette boîte, vous permettant de choisir facilement les titres vus auparavant.

Inscrivez-vous maintenant pour créer votre liste d'actions personnalisée, en streaming.

Les cours EURONEXT (CAC 40, etc. ) et FOREX (les devises) sont en direct si connecté.
NYSE, AMEX, et ASX sont en différé d'environ 20 minutes. Les autres cours sont en différé d'environ 15 minutes.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Conditions Générales

P: V:fr D:20191017 00:28:06