Exhibitors allude to what’s to come in product showcase at conference ‘c-store’
$35 million equity capital raise a ‘fresh financial start’ for the brand
SCOTTSDALE, Ariz. -- NJOY LLC has acquired the assets of NJOY Inc. as part of the e-cigarette maker’s financial restructuring. NJOY Inc., which was founded in 2006, declared bankruptcy last September, citing an accumulated deficit of $234.4 million and $16 million in accounts payable. After...
Lawmakers move to nix discounts on most products in category
ALBANY, N. Y. -- Just when convenience retailers can finally take advantage of coupons with the emerging help of digital and mobile technology, lawmakers in New York could virtually end such practices statewide before any headway even begins—at least when it comes to tobacco. Under a proposal...
Cigar segment burns brightest in recent numbers, speaker says
Lower volume offsets rise in prices, dampens sales
If it caved to shareholder pressure, mammoth drug-store chain would boost c-store profits