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.

Product | OXVA launches SlimStick X in Europe and the U.S., shifting from pre-filled to open-system refilling
Product | OXVA launches SlimStick X in Europe and the U.S., shifting from pre-filled to open-system refilling
OXVA has recently launched its new e-cigarette, the SlimStick X. Unlike its predecessor, the SlimStick, which used a pre-filled pod system, the SlimStick X adopts an open-system refillable design, featuring a 2ml pod, a 1.0Ω coil, and a 1400mAh battery. The product has entered online retail channels in markets including the United States, the United Kingdom, Greece, and Spain, with a price of about $23.99.
Mar.06 by 2FIRSTS.ai
Nigeria’s House of Representatives Plans to Amend the National Tobacco Control Act to Close Regulatory Gaps on E-cigarettes and Other Emerging Nicotine Products
Nigeria’s House of Representatives Plans to Amend the National Tobacco Control Act to Close Regulatory Gaps on E-cigarettes and Other Emerging Nicotine Products
Nigeria’s House of Representatives said it will review the National Tobacco Control Act to address regulatory gaps around emerging nicotine products such as e-cigarettes and to strengthen border controls and enforcement coordination. A relevant committee visited the headquarters of the Nigeria Customs Service, stressing linkage and cooperation among the NDLEA, NAFDAC and Customs.
Feb.26 by 2FIRSTS.ai
New Mexico Attorney General Files Lawsuit Over Sales of Flavored Disposable E-Cigarettes
New Mexico Attorney General Files Lawsuit Over Sales of Flavored Disposable E-Cigarettes
The New Mexico Department of Justice announced that it has filed a lawsuit against major convenience store chains and distributors, alleging that they sold flavored disposable e-cigarettes and contributed to youth nicotine addiction across the state.
Apr.01 by 2FIRSTS.ai
Tennessee House Advances Bill to Direct Vape Tax Revenue to Youth Nicotine Prevention
Tennessee House Advances Bill to Direct Vape Tax Revenue to Youth Nicotine Prevention
The Tennessee House of Representatives advanced legislation this week aimed at curbing underage use of vapor products. House Bill 2360 would allocate 30% of tax revenue from vapor products to counties to support youth nicotine prevention programs across the state.
Mar.23 by 2FIRSTS.ai
Russian Lawmaker Says Vape Circulation Licensing Will Be Regulated by Law in the Coming Months
Russian Lawmaker Says Vape Circulation Licensing Will Be Regulated by Law in the Coming Months
Alexander Tolmachev, deputy chairman of the Russian State Duma Committee on Youth Policy, said the issue of licensing vape circulation will be resolved at the legislative level in the coming months. He said a significant share of such products currently on the market are counterfeit, that their real nicotine concentration may be several times higher than stated, and that the composition of the liquid is unknown.
Mar.18 by 2FIRSTS.ai
West Virginia House Passes 5% Income Tax Cut and Rejects Vape Tax Increase
West Virginia House Passes 5% Income Tax Cut and Rejects Vape Tax Increase
The West Virginia House of Delegates debates income tax cut bill before session's end, rejecting Senate's e-cigarette tax amendment.With one day left in the legislative session, the West Virginia House spent more than an hour debating amendments to an income tax reduction bill.
Mar.16 by 2FIRSTS.ai