Even though e-cigarette category dollar sales started 2014 with slight deceleration, growth is expected to remain “robust” going forward, according to Wells Fargo Securities. The convenience store channel saw $45.2 million in sales over the four weeks ended Jan. 18, 2014, plus e-cigs accounted for another $12.4 million in national, cross-outlet markets. “This implies about…
Former Altria Executive to Lead LOGIC Electronic Cigarettes
LOGIC Technology, developers of premium electronic cigarettes, announced the addition of Miguel Martin to its executive team. In his role as president, Martin will lead LOGIC Technology’s rapid growth, developing and implementing a strategic plan to accelerate LOGIC’s status as a leader in the electronic cigarette industry. “This is an exciting time for LOGIC Technology,…
IRI Identifies Opportunities in the C-Store Channel
The convenience store channel has long been a destination for immediate consumption purchases. However, the channel is undergoing a bit of a metamorphosis these days. Competition is heating up as convenience stores are pitted against other channels, particularly dollar and drug channels, for share of spending. In addition, two major sources of revenue and trip…
NJOY Kings Launches Nationally With NYC Party
Electronic cigarette maker NJOY celebrated the nationwide launch of its newest electronic cigarette, the NJOY Kings, with an impressive gala at New York City’s historic Jane Hotel. The release of the NJOY Kings is the realization of NJOY’s commitment to innovation. From a technology standpoint, NJOY continues to build its business by leveraging award-winning technology…
CIGALECTRIC Adds New Senior Director of Sales
“His blend of tobacco industry, distribution and electronic cigarette experience uniquely qualifies him for this high profile CIGALECTRIC position,” says DNA Distributors president. DNA Distributors, maker of CIGALECTRIC electronic cigarettes, has announced that Thomas Hartman has joined their Sales Team as its new senior director of sales. Hartman’s primary role will be to develop…
More Smokers Turn To E-Cigarettes
E-cigs “are growing in popularity . . . no question about that,” says Chad Maynard, spokesman for ElectronicCigarette.net on the category. Electronic cigarettes might not be marketed as smoking cessation aids, but recent studies posted in the American Journal of Public Health suggest that many smokers are turning the the product for that reason. Smokers…
Seizing Smokeless Opportunities
Convenience store operators are enjoying the growing popularity of smokeless tobacco products, but they are also being forced to keep a wary eye on federal and local regulations. By Howard Riell, Associate Editor Is the smokeless tobacco product category, which includes moist snuff, snus and dissolvables, the lifeboat that convenience store retailers hope it will…
Logic Technology Secures E-Cigarette Patent
Logic Technology is raising the stakes in the electronic cigarette category by obtaining a patent that tracks product usage. The patent covers a unique digital counter the lets the user know precisely how many puffs are remaining in the e-cigarette, Logic CEO Eli Alelov told Convenience Store Decisions. “This is new technology that will change…
E-Tobacco Shows No Signs of Slowing
Although the electronic cigarette category in the U.S. is barely five years old, a dizzying number of brands are vying for the attention of retailers—and more are entering the fray just about every day. By Marilyn Odesser-Torpey, Associate Editor In a report released in May, UBS Investment Research likened the chaotic e-cigarette category to the e-commerce…
Lawmakers Targeting Electronic Cigarettes
As their popularity soars in convenience stores, e-cigs are becoming the target of new smoking bans and tax regulations. By Erin Rigik, Associate Editor. Once speculated to be a passing fad, e-cigarettes are increasing in sales and popularity and pushing their way toward becoming a mainstream product. Celebrities from Leonardo DiCaprio to Britney Spears have…