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Jump to full article: Convenience Store News, 2008-04-08
Author: From: Progressive Grocer
Intro: By null
Supermarkets of Cherry Hill reportedly decided to stop carrying tobacco products because high state taxes are burning right through category profits.
The tobacco-free retailing movement, which gained considerable momentum last month when Rochester, N.Y.-based Wegmans Food Markets ceased offering tobacco products at its locations, continues to spread: By the end of March, all six New Jersey ShopRite stores owned by the Ravitz family through their company, Supermarkets of Cherry Hill, reportedly will also stop selling all tobacco items.
Unlike Wegmans' stated reason, which was health concerns first and foremost, the Ravitzes apparently based their no-tobacco strategy mainly on economics.
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