Circle K to Push Private-Label Cigarettes?

(CSP) Highlighting the noticeable detrimental effect Philip Morris USA’s Marlboro Leadership Program has had on its same-store sales in the United States, Alimentation Couche-Tard executives this past week hinted that they may unveil a private-label program or other action to drive its cigarette sales and margins.
During its second-quarter earnings call on Tuesday, Couche-Tard reported an average same-store sales increase in its U.S. stores of 2.5%. The Circle K retailer would have liked to see that statistic higher and pointed squarely at one product category for holding it back: cigarettes. Continued