Declining Tobacco Sales in Small Convenience Stores

Aug.02.2022
Declining Tobacco Sales in Small Convenience Stores
Sales of tobacco in UK convenience stores fall 47% in three years, indicating a reduced dependence on tobacco sales.

According to researchers, this decline indicates a decreasing reliance on tobacco sales by corner shops and other small businesses. A team led by researchers from Edinburgh analyzed sales data from nearly 1,400 convenience stores in England, Scotland, and Wales. They compared typical weekly transactions in March, June, September, and December of 2016 to those of the same period in 2019.


In addition to tobacco products, the team also evaluated the sales of other frequently purchased items from convenience stores, including milk, bread, newspapers, and alcohol. Their investigative findings revealed a 47% decline in tobacco product sales over a three-year period. In 2016, only 11% of transactions involved tobacco, but that number decreased to 6% in 2019. The percentage of sales including both tobacco products and other items also decreased from 14% to 9%.


Although convenience stores saw a 16% decrease in average weekly sales between 2016 and 2019, tobacco products experienced a more significant drop in sales than any other merchandise. The next largest decrease was seen in newspaper and magazine sales, which decreased by 25%. In contrast, some products such as e-cigarettes, alcoholic beverages, and spirits saw an increase in sales over the three-year period. Despite a significant increase in the prices of tobacco products within this timeframe, their share of the store's total weekly revenue from sales dropped by 8%, going from 47% to 39%.


According to the team, the reliance of retailers on tobacco sales is declining in all regions of the UK. Stores in urban areas and economically deprived areas contribute more to weekly sales and overall tobacco product revenue than rural or affluent stores. However, over time, the decline in sales is greatest in these particular stores, narrowing the gap between regions. While tobacco products have been deemed necessary for the survival of convenience stores nationwide in the past, our new research suggests that tobacco is increasingly important for the business model of small retailers, weakening the argument of the tobacco industry. The survey results highlight the need to reduce the supply of local tobacco products to achieve the government's goal of eliminating smoking in the next decade.


Statement:


This article is compiled from third-party information and is intended for industry exchange and learning purposes.


This article does not represent the views of 2FIRSTS and 2FIRSTS cannot confirm the authenticity or accuracy of the article's content. The translation of this article is solely intended for industry exchange and research purposes.


Due to limitations in translation ability, the translated article may not fully reflect the original text. Please refer to the original article for accuracy.


2FIRSTS aligns completely with the Chinese government on any domestic, Hong Kong, Macau, Taiwan, and foreign-related issues and stances.


Information compiled here belongs to the original media and authors, and if there is any copyright infringement, please contact us for removal.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Brazilian Police Find More Than 40,000 E-Cigarettes in Truck With Hidden Safe
Brazilian Police Find More Than 40,000 E-Cigarettes in Truck With Hidden Safe
Military police in Brazil’s Paraná state found more than 40,000 e-cigarettes inside a truck with a hidden safe on April 8 in Campina Grande do Sul, in the Curitiba metropolitan area.
Apr.13 by 2FIRSTS.ai
Bloomberg: Zyn’s Dry-Mouth Problem Threatens Its Hold on Nicotine Pouch Market
Bloomberg: Zyn’s Dry-Mouth Problem Threatens Its Hold on Nicotine Pouch Market
According to Bloomberg, Philip Morris International’s Zyn is facing growing competition in the U.S. nicotine pouch market as consumers shift toward moister alternatives such as British American Tobacco’s Velo Plus.
BATPMI
May.22
Virginia Restricts Vape Sales to Products Listed in State Directory From April 1
Virginia Restricts Vape Sales to Products Listed in State Directory From April 1
From April 1, vape shops in Virginia may sell only liquid nicotine and vapor products listed in the state directory. The Office of the Attorney General has recommended that commonwealth attorneys begin enforcing the 2024 law.
Apr.02 by 2FIRSTS.ai
Moscow Police Seize About 65,000 E-Cigarettes Worth More Than RUB 30 Million
Moscow Police Seize About 65,000 E-Cigarettes Worth More Than RUB 30 Million
Russian Interior Ministry spokesperson Irina Volk said on May 6 that police in Moscow seized about 65,000 nicotine-containing products from a man during searches of residential and warehouse premises. The products were valued at about RUB 30 million, or about USD 395,727 based on an exchange rate of USD 1 = RUB 75.81.
May.11 by 2FIRSTS.ai
PML Expands Its UK Smoke-Free Portfolio With LEVIA
PML Expands Its UK Smoke-Free Portfolio With LEVIA
Philip Morris Limited has launched LEVIA, a new range of zero-tobacco flavored nicotine sticks created for the IQOS ILUMA range. The product expands the company’s smoke-free portfolio in the UK and will initially be available in four variants, including Deep Mint and three capsule-based flavors. LEVIA has a recommended retail price of £5, or about $6.73, based on the European Central Bank’s April 28.
Apr.29 by 2FIRSTS.ai
Portugal and Other Countries Submit Objections in Brussels Over UK Smoke-Free Generation Bill
Portugal and Other Countries Submit Objections in Brussels Over UK Smoke-Free Generation Bill
Portugal is among the countries opposing the UK Tobacco and Vapes Bill, which would ban tobacco sales to people born on or after Jan. 1, 2009. According to the report, Portugal, Croatia, the Czech Republic, Greece, Italy, Slovakia and Romania have submitted reasoned opinions and formal observations to Brussels, arguing that the bill breaches post-Brexit arrangements including the Windsor Framework.
Apr.24 by 2FIRSTS.ai