Show floor includes more than 30 new exhibitors
In happier days, Big Tobacco aided retailers’ efforts by flushing the markets with buybacks, marketing allowances and other promotional spending. Times have changed: Today those once-plentiful marketing dollars have eroded—and, with them, retailers’ bottom lines.
Since mid-2013, the FDA’s Center for Tobacco Products (CTP) has considered additional tobacco regulations while implementing other tobacco-related actions. The FDA has focused on the use of menthol in cigarettes; potential regulations on cigars, pipe tobacco, electronic cigarettes and/or hookah tobacco; a new “Safety Reporting Portal” website page; and a study on raising the legal age to purchase tobacco products. An update.
Last year, our CSP vice president and group editor, Mitch Morrison, called for the FDA to take action on tobacco regulation and resolve a slew of unanswered questions. For the most part, that hasn’t happened. This year, I’m calling for retailers to take action. Don’t wait for the FDA— go on the offensive before it’s too late to build a solid defense.
Anti-Smoking Product Sales Withstand Challenge from Electronic Cigarettes
Even with the challenge of e-cigs, traditional anti-smoking product sales rose 33% in 2013.
Top Anti-Smoking Products in Convenience Stores (Minus E-Cigarettes)
IRI Convenience AllScan data for 52 weeks ending Jan. 26, 2014
|Brand||Dollar Sales||PCYA*||Unit Sales||PCYA|
|Nix It Mouth Spray||$1,709||-32.84%||279||-41.41%|
|Private label tablets||$1,141||-96.90%||225||-96.89%|
|Nicoderm CQ Patch||$610||NA||11||NA|
|Private label gum||$600||-4.34%||1,200||1.60%|
Anti-smoking gums Zonnic and Nicorette saw triple-digit growth in 2013 and through the first month of 2014, based on data from IRI, a Chicago-based market research firm (@iriworldwide).
Latest state to reject moves to increase purchase age to 21
Coupon, promotional price, and minimum pack restrictions on hold til lawsuit is resolved
Schneiderman, DeWine head up effort asking drug store chains to follow lead of CVS
Position statement encourages same strict practices used for traditional tobacco products