Menthol Ban Could Fuel Black Market

The FDA is considering a ban on menthol cigarettes in the U.S., a move some fear could have unintended consequences, such as a skyrocketing black market for the products. “What we’re currently facing in the U.S. is the (potential) banning of a currently legal product. We’re very concerned that would create an immediate black market

Wild Ride Continues for Cigarettes

Once again, cigarettes dominated in-store sales, accounting for nearly one in every three dollars spent in stores, but cigarette gross margins continued to plummet, falling to 15.3%. These low cigarette margins dropped the category to third in terms of gross margin contribution (16%) behind foodservice (23.9%) and packaged beverages (16.6%) Margins promise to continue falling

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