Published on: January 30, 2008In recent weeks, there have been stories here on MNB and elsewhere about how Wegmans, and then Andronico’s, decided to stop selling tobacco products in their stores. Their decisions were made, according to all reports, based on ownerships’ feelings that tobacco sales were inconsistent with the stores’ broader brand equity and health/wellness orientations.
It has been brought to MNB’s attention that ShopRite Supermarkets of Cherry Hill, New Jersey, actually made the same decision last August when it acquired three former Stop & Shop Supermarkets last year.
According to sources, the decision was made for business reasons – tobacco was seen as a declining category with low profit margins. Add to that the fact that fewer people smoke than in the past, and it reportedly was an easy decision for ShopRite to make….and one that we’re told the company has not regretted.
- KC's View:
- Just because it was a business decision rather than a “moral” decision doesn’t make it any less important or impressive. And as has been said here before, the list of retailers making this decision is expected to grow.