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Headlines Tagged with Business (General) 13,630 headlines found


Cigars, Smokeless on an Upswing

dollar sales of cigars exhibited a “solid” 11.5% growth over a four-week period ending Feb. 24 compared to the same time frame a year earlier. John Middleton Co., a subsidiary of Richmond, Va.-based Altria Group Distribution Co., led the category with a 5
Convenience Store/Petroleum (CSPNet)
added Mar 11, 2018 16:27

The Dollar-Store Battlefield

The dollar channel accounts for 7% of all retail stores in the United States, yet only 2% of the tobacco sales; c-stores represent 49% of total U.S. stores and 70% of total tobacco sales, according to data managed by MSA. “It will be difficult for dolla
Convenience Store/Petroleum (CSPNet)
added Mar 11, 2018 16:26

As Consumers Trade Up, E-Cigs and Vape Gain Traction

The tobacco consumer is transforming into a more sophisticated smoker who uses multiple products at higher price points. McCloskey, COO of Deerfield, Ill.-based Rmarts, has watched the introduction of Juul, an electronic vaporizer, go through an “encoura
Convenience Store/Petroleum (CSPNet)
added Mar 11, 2018 16:25

Burning Bright

Gottlieb’s revisionist take on the category and promising numbers at the store level—from other tobacco products (OTP) to electronic cigarettes—has Bill McCloskey of Deerfield, Ill.-based Rmarts calling the overall category “vibrant,” with the potential
Convenience Store/Petroleum (CSPNet)
added Mar 11, 2018 16:24

Tobacco, Weapons Exclusions Reduce Norway Fund’s Returns

Norges Bank Investment Management, which manages Norway’s $1.1 trillion Government Pension Fund Global, said that the exclusion of tobacco companies and certain weapons manufacturers have reduced the fund’s returns, in a recent report on the fund’s risk a
aiCIO (Asset International for Institutional Chief Investment Officers)
added Mar 8, 2018 23:36

q&a: how youth activists are pressuring walgreens to stop selling tobacco

in January, Truth Initiative® youth activists Maria Duenas, Katelynd Todd and Dan Fitzgerald confronted the Walgreens board of directors at the company’s shareholders meeting in Scottsdale, Arizona about an important issue: why does the nation’s second l
Truth Initiative (American Legacy Foundation)
added Mar 8, 2018 17:26

PMI’s CEO to ring closing bell of NYSE stock exchange for company’s 10th anniversary

In celebration of the 10th anniversary of Philip Morris International as a public company, CEO André Calantzopoulos and members of the management team will ring the closing bell of the New York Stock Exchange (NYSE) today. PMI became a separate company a
Philip Morris International (ch)
added Mar 8, 2018 15:59

Robeco confirms it will sell out of tobacco stocks

Robeco, which manages €161bn in assets, told Financial News in February it was considering the move amid growing evidence that pension scheme members had concerns about investing in tobacco. The asset manager has more than €129m invested in tobacco comp (uk)
added Mar 8, 2018 03:36

E-Cigarette Market by Product, by Distribution Channel, Aftermarket Products and by Geography - Global Market 2013-2023 -

The growth in the market will be led by factors such as increasing demand for smokeless and ashless vaping and surge in the number of vape shops and designated stores. The e-cigarette market can be broadly categorized into cig-a-like, vaporizer, vape mo
Business Wire
added Mar 8, 2018 02:46

Robeco to exclude tobacco investments from mutual funds

Dutch asset manager Robeco, part of Japan’s Orix Corporation, said on Wednesday it planned to exclude tobacco-related investments from its mutual funds because of its social impact. The decision will impact all of Robeco’s mainstream fund range, but not
added Mar 8, 2018 02:03
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