7-Eleven takeover talks by Couche-Tard (Circle K owner) may reshape the U.S. tobacco market.

Couche-Tard, owner of Circle K, is exploring a takeover of 7-Eleven, which could create a powerful chain in U.S. cigarette sales, enhancing its negotiating power with manufacturers like Altria. However, challenges remain from the rising popularity of illicit flavored vapes and discount cigarettes sold in independent shops. The merger could significantly reshape the landscape for tobacco pricing and promotions in the convenience store sector.

October 08, 2024
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