Walmart to end cigarette sales in select stores, markets

Amazon, Walmart among winners coming out of pandemic: Fmr. Toys ‘R’ Us CEO

Storch Advisors CEO Gerald Storch joins ‘Mornings with Maria’ to discuss February retail sales numbers and the ongoing supply chain crisis.

Walmart will end cigarette sales at select U.S. store locations, the company said Monday. 

HELMETS SOLD AT WALMART STORES NATIONWIDE RECALLED OVER INJURY HAZARD

The retailer, which has approximately 4,700 total stores in the country, did not disclose how many locations would be impacted. However, people familiar with the matter told The Wall Street Journal that stores in California, Florida, Arkansas and New Mexico would be among those included. 

TickerSecurityLastChangeChange %
WMTWALMART INC.143.45+0.62+0.43%

"As a result of our ongoing focus on the tobacco category, we have made the business decision to discontinue the sale of tobacco in select stores," a Walmart spokesperson told FOX Business.

The spokesperson said the company is not halting all tobacco sales. 

CLICK HERE TO READ MORE ON FOX BUSINESS

According to the Centers for Disease Control and Prevention, cigarette smoking is responsible for more than 480,000 deaths per year in the United States, including more than 41,000 deaths resulting from secondhand smoke exposure. This equates to about one-in-five deaths annually, or 1,300 deaths every day. The CDC estimates that 5.6 million Americans under the age of 18 could die prematurely from a smoking-related illness if smoking continues at current rates among U.S. youth.

Source: Read Full Article