walgreens on tobacco road Walgreens, Rite Aid raise minimum age to buy to 21 Here's what happened at Walgreens

During the call, some shareholders questioned Walgreens' decision to continue to sell tobacco products

In 2015, increased frequency at c-stores combined with CVS departure from the category turned flat-to-declining tobacco sales into an increase of 3.4%, according to the SOI report

I understand that its easy for me to tell Walgreens to drop a profitable business line, take the painful short-term hit and move on

Rite Aid's new policy will go into effect in 90 days

The drugstore chain said Tuesday that it will require customers to be at least 21 years old to purchase tobacco in any of its more than 9,500 stores nationwide

As reported in CSP Daily News earlier this year, the Deerfield, Ill.-based drug chain has had to respond to growing shareholder concerns that its health-and-wellness mantra runs contrary to tobacco sales