LONDON, Ont. (Toronto Sun) What's good news for London smokers may be bad for many small retailers as Canada's biggest tobacco company moves to drive down cigarette prices.
As of Nov. 1, Imperial Tobacco launched a new pricing program that gives about 10,000 retailers, roughly a third of all stores, a $5-a-carton price break they're supposed to pass along to consumers.
Retailers who get the deal agree not to sell above a maximum price but can decide to sell for less. Continued
Pictured: Enrico Caruso (LoC).
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