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 […]

Fontem Ventures/Imperial Tobacco Group Sues US E-cig Companies for Infringement

On Wednesday, March 5, 2014, Fontem Ventures B.V., a Netherlands-based, wholly-owned subsidiary of Imperial Tobacco Group, a British multinational tobacco company headquartered in Bristol, United Kingdom and the world’s fourth-largest cigarette company, filed suit against the following US e-cigarette companies: NJOY, Spark Industries (Cig2O). Vapor Corp., LOEC (Blu Cig/Lorillard). FIN Branding/Victory E-cigs. CB Distributors (21st […]

Paraguay – consolidation

Recent rumors of consolidation now appear accurate with the recent news Tabesa has acquired cigarette manufacturers Veneto Tabacos and Monte Carlo. All factories are located close to Ciudad del Este. It remains to be seen if the factory operations will be consolidated too. Tabesa is by far the largest cigarette producer in Paraguay with a large diverse […]