“Adding these appealing locations in Virginia complements our store-development strategy of acquiring retail sites where we currently operate stores,” says 7-Eleven’s vice president of development. This June, 7-Eleven Inc. signed an agreement to operate six convenience-store locations in Virginia from Workman Oil Co. of Lynchburg, Va. The stores, located in Roanoke and Salem, are being…
Managing Tobacco’s Four Tier War
A Closer Look at Who’s Trading Down According to Mintel International, 80% of smokers polled said it’s worthwhile to have a quality cigarette, which is contributing to sales of premium cigarettes. Other factors influencing sales include: • 51% of smokers have one preferred brand they always like to buy. • Less than 2% of smokers…