CHICAGO — Pantry-loading and economic stimulus funds drove a small renaissance in the sale of tobacco and nicotine products in 2020. A year later, the picture isn’t as rosy as longer-term trends returned. Thus, many industry-watchers prefer to compare sales vs. two years ago for a more accurate picture.
Here’s a look at how tobacco sales played out in convenience stores in 2021 and beyond.
*Source: NielsenIQ xAOC including convenience stores, Goldman Sachs Global Investment Research through April 9, 2022
**Percent change from a year ago