Entries Tagged 'Retail Cigarette Brand Prices Around the World' ↓
October 16th, 2009 — Current Issues, General, Retail Cigarette Brand Prices Around the World
Mississippi announced this week it will hold a public auction on October 27th to sell about 1 million cartons of confiscated cigarettes and small cigars seized at a Tupelo warehouse facility earlier this year.
Presumably this is to recover / compensate the State for potential lost tax revenues?
What price will they sell for and how does this sit with other manufacturers and distributors in the state of Mississippi who have fully complied with the law and regulations? This sale undermines their efforts and fails to reward their honesty and integrity.
What do you think?
February 13th, 2009 — Current Issues, General, Retail Cigarette Brand Prices Around the World
Ahead of a massive tobacco tax increase on April 1, PM and Lorillard weighed in and increased cigarette prices – 9 to 18 cents a pack.
Customers are going to have a difficult enough time funding their smoking pleasures from April 1 without manufacturers raising prices as well in this economy.
While Schip was being debated - Big Tobacco argued that higher taxes (read prices) would adversely impact lower income consumers. What is their position now?
January 9th, 2009 — Current Issues, General, Key International Business & Market Developments, Regulations: FDA etc., Retail Cigarette Brand Prices Around the World, Snus, Snuff & Alternative Products in US Markets, Tobacco Harm Reduction, Uncategorized
http://www.tobaccotoday.info/wp-content/uploads/2009/01/nato_rollcall_ad.pdf
FROM: Thomas Briant, Executive Director NATO
I have attached a copy of the SCHIP advertisement as it will appear in the Monday, January 12, 2009 issue of Roll Call, one of the leading Washington, DC newspapers that is circulated to all members of Congress, all Congressional staff persons, the White House and President-Elect Barack Obama’s staff. The American Wholesale Marketers Association (AWMA) and the Southern Association of Wholesale Distributors (SAWD) also signed onto this advertisement.
As a part of NATO’s on-going efforts to oppose the SCHIP tax increases, I will be sending a copy of the advertisement to all NATO members with a NATO E-News tomorrow. I also plan to have the advertisement faxed from the NATO office to all 535 members of Congress on Monday, January 12th to ensure that U.S. Senators and U.S. Representatives see the advertisement. In addition, we will include the advertisement with the NATO alert that is being sent to retail members over this coming weekend.
Here is a link to a file that will allow you access to the advertisement! Please get the information out to all!
http://www.tobaccotoday.info/wp-content/uploads/2009/01/nato_rollcall_ad.pdf
http://www.tobaccotoday.info/wp-content/uploads/2009/01/nato_white_house_fax_form.pdf
January 9th, 2009 — Acquisitions, Current Issues, General, Retail Cigarette Brand Prices Around the World, Snus, Snuff & Alternative Products in US Markets, Tobacco Harm Reduction
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Altria Group Inc. announced on January 6th that it has closed its acquisition of UST Inc., the parent of US Smokeless Tobacco Company, in a $10.4 billion, or $69.50 per share, deal announced in September 2008. Altria will assume $1.3 billion in debt. Altria’s purchase of UST gives it a leading position in the growing smokeless tobacco market. Altria Group CEO Michael Szymanczyk said the integration of UST will position the company well, as domestic cigarette sales are declining by 3-4% annually (AP 1/6).
The long rumored, highly anticipated rumor has come to reality as the acquisition has come to a close. But now a new chapter will be written as the industry in the midst of it’s most severe challenges will watch how this acquisition plays it’s part in the never ending tobacoo saga.
So what does this acquisition mean to the industry?
What affect will it have on retail?
What about it’s affect on cobsumers?
Will it encourage the argument for the the reduction of harm of moist tobacco products?
What are your thoughts on how PM will integrate USST into their business?
How will it affect product development?
Will it affect taxation of moist tobacco products?
Will pricing of moist tobacco products be affected by the ever increasing price of a pack of cigarettes?
Or will the low end MST products hold pricing in line?
So many questions?
What do you think?
What does this acquisition really mean?
What’s the title of the next chapter?
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November 10th, 2007 — Retail Cigarette Brand Prices Around the World
We understand that in Russia there are significant pricing differences for the same brands. Does anyone have a read on current cigarette brand prices in Russia?
