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The nation's second-largest drugstore chain said Wednesday that it will phase out cigarettes, cigars and chewing tobacco by October 1, a move that will cost about $2 billion in annual revenue but won't affect its 2014 earnings forecast

If you do it over time, you run the risk of people smoking more and exposing themselves to more harmful chemicals. Gottlieb made clear that no decisions had been made about how quickly nicotine levels would be reduced in American cigarettes

One area in which WHSmith draws particular ire is its role as a bookseller

Its less about instant satisfaction and more about a drawn-out, deliberate experience