Tobacco

Altria Sees Weak Annual Profit As Vape Competition Heats Up

Marlboro maker Altria said its annual adjusted profit could be lower than estimated, citing rising competition from rival vapes in the market.

Tobacco Sales Ban Dents Jumbo's Full-Year Performance

Dutch retailer Jumbo has reported a turnover of €10.72 billion in its financial year 2024, down 2.7% compared to 2023.

US Regulators Propose Capping Nicotine In Cigarettes At Non-Addictive Levels

US regulators are proposing to cap the amount of nicotine in cigarettes at non-addictive levels, in a potential world-first that could curb smoking and hit...

New Licence Fee Will Help Tackle Illicit Vape Market In Ireland

A new licence fee for retailers that wish to sell vapes, which is coming into effect in Ireland next year, will help to crack down on illicit sales of vapi...

Sligro Food Group Reported 1.1% Growth In Turnover Last Year

Sligro Food Group has reported a 1.1% increase in turnover for its 2024 financial year, to €2.89 billion, up from €2.86 billion a year earlier.

EU Countries Want Vaping Included In Bloc's Tobacco Tax Law

Sixteen EU countries asked the European Commission to propose a new law in the coming months on taxing tobacco in the bloc to include new products.

ESM’s Retail Recap: Europe Snacks, Ardagh, Lidl Belgium, Groupe Casino

One Rock acquires Europe Snacks; Ardagh Glass Packaging-Europe produces green hydrogen; Lidl Belgium to stop tobacco sales; and Groupe Casino sells real es...