philip morris raises prices lowers discounts

RJ Reynolds says “no changes in our promotional discounts.” Philip Morris USA said yesterday it is raising prices as falling U.S. shipments dampen profit growth. Philip Morris will reduce a promotional discount by 5 cents a pack to 35 cents on its Marlboro, Parliament, Basic and L&M brands, spokesman Bill Phelps said. It also will

altria spins off phillip morris int

Company trying to avoid effects of U.S. reducing consumption. Altria Group is planning to spin off Philip Morris International seeking faster overseas growth and less risk from U.S. smokers’ lawsuits. “Tobacco is growing overseas, while in the U.S. it’s in decline, making a reasonable argument for separating the two entities,” Matthew Kaufler, a fund manager

convenience store decisions power 25

by John Lofstock, Editor Convenience Store Decisions’ Power 25  recognizes industry pioneers, association executives and lawmakers that shape the way the convenience store industry operates. These influential business leaders are being selected for the lasting contributions they have made to the convenience channel and the impact their influence has on shaping the future of convenience

phillip morris dives into mst

Marlboro snuff will fully cement its place in the smokeless segment,” analysts said. Philip Morris USA will introduce a moist smokeless tobacco product this fall under the Marlboro brand, selling it first in the Atlanta area. The company will sell the loose, spitting tobacco in original and wintergreen flavors, and in long and fine cut,

conterfeit cigarette warehouse raided in queens

Three men arrested for posession of Chinese imitations and $350,000 in cash. Authorities in Queens, N.Y. have seized nearly 600,000 packs of cigarettes with brand names like Marlboros and Newports, half of which are suspected of being counterfeits from China, reported the Associated Press. The cigarettes were found during a raid late last week at

senate supports tobacco tax increase

The Senate has fully approved, by a vote of 68-31, plans to expand the State Children’s Health Insurance Program (S-CHIP), which provides health coverage to low-income, uninsured American children whose parents do not qualify for Medicaid. To do this, the bill will increase taxes on cigarettes, cigars and other tobacco products as a way of

boosting otp sales consumer data trends and analysis in smokeless tobacco

smokeless tobacco webcast agenda set

Kit Dietz, Dan Moir and John Kelly to highlight July 26 online roundtable. Convenience Store Decisions’ Online Roundtable series continues Thursday, July 26 at 2 p.m., when it presents “Smokeless Tobacco: Significant Growth Opportunity for Convenience Retailers.” Registration for the Webcast, sponsored by United States Smokeless Tobacco Co. (USST) is free. Click here or visit

nacs asks congresss to reconsider fda tobacco regulations

Association urges government to weigh the damage such control over the industry could have. Following a July 17 hearing, in which members of the House Energy and Commerce Committee determined that the U.S. Food and Drug Administration (FDA) was ill-equipped to regulate food safety, the National Association of Convenience Stores (NACS) asked lawmakers to keep

senate goes to vote on tobacco tax increase

R.J. Reynolds sets up Website opposing bill. Today, the U.S. Senate Finance Committee is scheduled to hold a vote over the proposed 61-cents-per-pack increase on cigarettes and the possibility of a 156% increase on other tobacco products, such as cigars, pipe tobacco and smokeless products. The new tax, introduced by Sen. Gordon Smith (R-Ore.), is

iowa cstore group fights new tobacco tax

Proposed increase could leader to higher security and operating costs. Fearing that a new federal tobacco tax will hurt overall store operations for a lot of retailers, the Petroleum Marketers and Convenience Stores of Iowa has stepped up and taken an open stand against the proposed legislature. The group feels that another increase in tobacco

gasselling cstores more likely to sell cigarettes to minors

New research shows which types of clerks are selling to young smokers. Even though most states stipulate that consumers be 18 years old to buy tobacco products, a new study finds that clerks who work in convenience stores that sell gasoline are the most likely to sell tobacco to minors. When compared to other retailers

nyacs takes to airwaves to protest tobacco treatment

New York convenience store operators are taking to the airwaves to voice their frustration with Governor Eliot Spitzer’s inaction on the tax fairness issue. A 60-second TV commercial will begin airing in Syracuse, Albany, Buffalo and possibly other markets on July 5, 2007, demanding that Governor Spitzer begin collecting taxes on the vast amounts of

snus already a hit

Citigroup tobacco analyst Bonnie Herzog revealed a new survey that suggests Marlboro Snus, Phillip-Morris’s new entry into the smokeless tobacco market, may already be a success. The survey questioned both retailers and wholesales, who revealed that they feel the new product will be a hit among both smokers and moist smokeless tobacco (MST) users alike.

indiana smokers head south for cigarettes

Tax hike pushes smokers to Kentucky for cheaper products. Hoosier smokers will have to pay more for their cigarettes. A new Indiana law went into effect Sunday that boosts the price. It’s always been cheaper in Kentucky. Indiana’s cigarette tax was 55 cents a pack. Now that’s it’s jumped to 99 cents, many more smokers

del cigarette tax worries retailers

Proposed 60-cent increase could threaten out-of-state business. Retailers in Delaware are preparing for a debate over a proposed 60-cents-a-pack increase in the cigarette tax–a tax lawmakers expect to be approved this week, stating it’s for the greater good of the state. “We have committed that it will go to help school construction and to help

new york cstore groups teach responsibility

NYACS and FIANY hold tobacco and alcohol education classes to prevent underage sales and use. The Responsible Retailers of New York, a joint educational initiative of the New York Association of Convenience Stores (NYACS) and the Food Industry Alliance of New York (FIANY) State, has scheduled an upcoming training session for retailers of tobacco and

cumberland reaches agreement in tobacco case

Payments and new regulations enforced to regulate sales. Cumberland Farms Inc. has reached a settlement with the Mass. Attorney General’s Office of allegations that the company’s convenience stores “lacked proper procedures to curb tobacco sales to minors,” according to the Providence Business News. According to testing conducted by the Mass. Department of Public Health’s Tobacco

marlboro enters the smokeless tobacco arena

New Phillip Morris product set for limited release to compete in growing OTP market. by Michael Ferrari ____________________________________________ In a move long anticipated by tobacco industry observers, Philip Morris USA yesterday said it would begin test marketing a smokeless tobacco product bearing its flagship Marlboro brand. Marlboro Snus, a tobacco pouch product that is neither

tobacco in the crossfire

Cigarette tax increases in Oregon and Tennessee. Oregon and Tennessee state lawmakers are combating the proposed rate increases on cigarette taxes. Oregon House Republicans are raising questions about using a state cigarette tax to pay for children’s health insurance. In response, Oregon Senate Democrats are turning to voters and proposing a ballot measure under which

buyers beware

Pennsylvania looks to collect taxes from Internet tobacco buyers. Thousands of Pennsylvanians who purchased cartons of cigarettes over the Internet or by mail order have been sent letters by the state Revenue Department informing them they owe taxes. The first batch of letters went out about two weeks ago to 4,300 people who are believed

tobacco 2007 issues insightsimplications from lessons learned in 2006

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moist smokeless taxation

Weight-Based Taxes Level the Playing Field and Preserve Retailer Profits By Robert L. Shepherd with Shepherd, Williams & Associates LLC Without question, moist smokeless tobaccois a profitable, growing and dynamic category.However, category and retail profits are at risk due to customer down-trading from premium to price-value products.Opponents of weight-based taxes have done much to muddy

mst taxation myth vs reality

Ad valorem state taxation maintains a growing and competitive marketplace for moist smokeless tobacco. by Joseph R. Augustus, Senior Vice President of External Affairs for Swisher International Inc. Tobacco Taxation Counterpoint — This is the second of a two-part series on smokeless tobacco taxation.Part one ran in the Dec. 2006 issue of Convenience Store Decisions.

csds tobacco webcast to focus on taxes regulations

Industry experts will come together Nov. 30 to discuss the current state of tobacco and its outlook for 2007. Prior to the 1998 Master Settlement Agreement, tobacco held a more than 40% share in just about every market in the U.S. Since the agreement, the numbers have slowly faded as regulation and taxation have taken

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