Jilian's Feed
Sep 12, 2014

Insight – As Big Tobacco takes up e-cigarettes, investors look ahead

LONDON/NEW YORK (Reuters) – As electronic cigarettes flew off shelves on both sides of the Atlantic in recent years, investors flocked to a business some hope will be the future for tobacco.

Now sales growth is slowing from a 2011 peak and private funds are more cautious about the smokeless devices, making it harder for independent e-cigarette firms to raise capital and hitting their share prices.

Sep 12, 2014

As Big Tobacco takes up e-cigarettes, investors look ahead

LONDON/NEW YORK, Sept 12 (Reuters) – As electronic
cigarettes flew off shelves on both sides of the Atlantic in
recent years, investors flocked to a business some hope will be
the future for tobacco.

Now sales growth is slowing from a 2011 peak and private
funds are more cautious about the smokeless devices, making it
harder for independent e-cigarette firms to raise capital and
hitting their share prices.

Sep 10, 2014

Insight – Retailers give themselves makeover as millennials follow own beat

NEW YORK (Reuters) – Alison LePard, a 19-year-old college sophomore from Wellesley, Massachusetts, says that when she shops for clothes and accessories, her goal is a look that is uniquely hers. So she does a lot of mixing and matching.

“I don’t blindly follow what they put out,” LePard said of store displays. “I don’t want to wear just one brand. I don’t want to be a stereotype.”

Sep 10, 2014

Retailers give themselves makeover as millennials follow own beat

NEW YORK, Sept 10 (Reuters) – Alison LePard, a 19-year-old
college sophomore from Wellesley, Massachusetts, says that when
she shops for clothes and accessories, her goal is a look that
is uniquely hers. So she does a lot of mixing and matching.

“I don’t blindly follow what they put out,” LePard said of
store displays. “I don’t want to wear just one brand. I don’t
want to be a stereotype.”

Aug 24, 2014

Dollar stores in battle to double down on the poor

By Jilian Mincer and Lisa Baertlein

(Reuters) – Like millions of Americans, Darnel Ware needs to save money, even if it’s 40 cents on a bag of flour.

He searches for those savings during his daily visits to the Family Dollar Store near his home in Fraser, Michigan, sometimes stopping by as many as 10 times a week “if there are things I need,” said the 51-year-old home care provider. “I buy a lot of everything; merchandise and food products.”

Aug 24, 2014

Analysis – Dollar stores in battle to double down on the poor

By Jilian Mincer and Lisa Baertlein

(Reuters) – Like millions of Americans, Darnel Ware needs to save money, even if it’s 40 cents on a bag of flour.

He searches for those savings during his daily visits to the Family Dollar Store near his home in Fraser, Michigan, sometimes stopping by as many as 10 times a week “if there are things I need,” said the 51-year-old home care provider. “I buy a lot of everything; merchandise and food products.”

Aug 1, 2014

Trendy vapor tanks muscling into e-cigarette sales

Aug 1 (Reuters) – The electronic cigarette, touted as a way
to cut smoking, is facing a serious contender that even smokers
find sexy.

Vapor tanks are typically hunkier and allow smokers and
would-be quitters to customize nicotine levels, as well as to
puff thousands of blissful flavors. A cult following is likely
to grow as “vaping” becomes more fashionable and more stores,
such as Walmart, carry the battery-powered metal tubes in a wide
range of colors.

Jul 30, 2014

Lorillard e-cigarette sales slip as competition rises

By Jilian Mincer

(Reuters) – Lorillard Inc. on Wednesday reported significant declines in its electronic cigarettes sales, raising questions about the strength of the nascent market.

The 3rd largest U.S. tobacco company owns industry leader blu eCig, which once had 47 percent of the U.S. market share. Sales of its electronic devices dropped 35 percent to $37 million for the second quarter ended June 30, 2014 compared to $57 million for the same period last year. Its retail share fell 1.1 percentage point to 40.9 percent.

Jul 15, 2014

Blu e-cigarette deal was crucial to Lorillard takeover: source

NEW YORK/LONDON (Reuters) – Reynolds American Inc (RAI.N: Quote, Profile, Research, Stock Buzz) had no choice but to sell Lorillard Inc’s (LO.N: Quote, Profile, Research, Stock Buzz) top-selling blu electronic cigarettes brand after Britain’s Imperial Tobacco Group Plc (IMT.L: Quote, Profile, Research, Stock Buzz) insisted it be part of a wider portfolio of assets it is buying, a source familiar with the transaction said.

The U.S. companies said on Tuesday that they were selling blu and a group of traditional cigarette brands to Imperial to ease antitrust concerns about Reynolds’ proposed $27.4 billion acquisition of Lorillard.

May 30, 2014

cigarettes could sweeten potential Reynolds-Lorillard deal

NEW YORK (Reuters) – When Lorillard Inc bought the blu eCigs brand two years ago, the electronic cigarette had a 10 percent share of a tiny U.S. market, generating about $50 million in sales. It was available in only 12,000 retail outlets and over the Internet.

Today, the U.S. tobacco company’s marketing and distribution muscle, including its use of frequent TV commercials and concert sponsorships, has taken blu into 149,000 outlets and driven its U.S. market share to about 47 percent. Annual sales have quadrupled to more than $200 million.