Cameron Elected President & CEO of Reynolds American

April 17, 2014 http://www.cspnet.com/category-management-news-data/tobacco-news-data/articles/cameron-elected-president-ceo-reynolds-american?utm_source=SilverpopMailing&utm_medium=email&utm_campaign=Daily%20News%20Flash%20041714%20(1)&utm_content=&spMailingID=45650353&spUserID=MjU0MDQ1ODUzODcS1&spJobID=422065239&spReportId=NDIyMDY1MjM5S0 Cameron Elected President & CEO of Reynolds American WINSTON-SALEM, N.C. — The board of directors of Reynolds American Inc. has elected Susan M. Cameron president and CEO, effective May 1. Cameron served as president, CEO and a member of the RAI board from 2004 to 2011. She also served as chairman […]

Durbin Report Finds E-Cigarette Marketing Reaches Substantial Youth Audiences

April 15, 2014 CSD Staff : http://www.csdecisions.com/2014/04/15/durbin-report-finds-e-cigarette-marketing-reaches-substantial-youth-audiences/ “We must close this new gateway to addiction to protect our children,” says Durbin. Eleven Democratic lawmakers from the Senate and the House of Representatives released a report that shows a dramatic recent increase in the marketing of electronic cigarettes with extensive resources being dedicated to social media, […]

Obama 2015 Budget Repeats Proposal for Federal Cigarette and OTP Tax Rate Increases

President Obama has released his proposed Fiscal Year 2015 federal budget that includes a $.94 per pack increase in the federal cigarette tax rate and a proportionate 93% increase in all other tobacco tax rates. Each of these tax rates would be annually adjusted upward by an inflation index. The additional cigarette and OTP tax […]

The Balancing Act: Premium vs. Value-Priced

Published in CSP Daily News The right little-cigar plan-o-gram can keep profits growing By Traci Carneal, Freelance writer OAKBROOK TERRACE, Ill. – Little-cigar margins and profits are shrinking, but strong volume shows the category holds great potential for convenience store retailers who strike the right balance of premium and price/value options. Premium cigars may comprise less […]

Convenience Stores Hit Record In-Store Sales in 2013

April 2, 2014 View CSPnet.com Dashboard Convenience Stores Hit Record In-Store Sales in 2013 CHICAGO – U.S. convenience stores reached record in-store sales in 2013, with sales climbing 2.4% to $204 billion. Combined with motor fuels sales of $491.5 billion, overall convenience store sales were $695.5 billion, according to figures released today by the National […]

N.Y. A.G. Sues FedEx Over Untaxed Smokes

Published in CSP Daily News March 31, 2014 Alleges racketeering for illegally shipping 80 million contraband cigarettes Latest Smuggling Ring the ‘Tip of the Iceberg’5/29/2013 ALBANY, N.Y. – New York State Attorney General Eric T. Schneiderman said that his office has filed a $70 million lawsuit against Federal Express Corp. for unlawfully shipping nearly 80 million […]

What Will C-stores Gain From CVS’ Tobacco Exit?

March 31, 2014, 05:45 pm By Melissa Kress, Convenience Store News  – See more at: http://www.csnews.com/product-categories/tobacco/what-will-c-stores-gain-cvs%E2%80%99-tobacco-exit?cc=3#sthash.KYwLfZvo.dpuf NATIONAL REPORT — As the various segments of the tobacco category fight for space on the back bar — and for customer dollars — the competitive landscape outside the convenience store industry is seeing its own evolution. On Feb. […]

Republic Tobacco Enters E-Cig Category With Purchase of Johnson Creek

March 13th, 2014 GLENVIEW, Ill. & HARTLAND, Wis. – Republic Tobacco announced its entry into the burgeoning electronic-cigarette category today with its purchase of Johnson Creek Enterprises of Hartland, Wis., a juice supplier for vaping products in the United States. Republic Tobacco is the nation’s largest distributor of roll-your-own and make-your-own tobacco products and accessories that […]