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Article: Moving up: legislative pressures shift deep-discount cigarettes into a new realm.(RETAILING)
- Article from:
- Tobacco Retailer
- Article date:
- August 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 M2Media360. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TIMES CONTINUE TO CHANGE for the fourth-tier, deep-discount cigarette category. The heyday of uninhibited growth that followed the initial years of the Master Settlement Agreement is mostly a memory.
Subsequent participating manufacturers are facing a market where they have to sell their products in a broader, more traditional manner beyond price alone. In addition, various legislative pressures centered around much stronger state enforcement have made it difficult for a non-participating member to ignore escrow requirements and operate illegally. And additional legislation that goes beyond the initial MSA requirements can be seen as either closing remaining ...