Like it or not, a significant portion of convenience store sales come from the purchase of tobacco products, including cigarettes, cigars, and chewing tobacco. While the number of people who use these products has declined over the years, there’s still a significant portion of the population who purchase them on a regular basis.
On November 15, FDA Commissioner Scott Gotlieb announced a series of proposals he would like the FDA’s Center for Tobacco Products to focus on. Convenience Store News says these proposals include:
As you can see, most of these proposals are designed to prevent kids and adolescents from accessing harmful tobacco products. However, if these proposals do end up taking effect, it would severely harm c-store retailers as a whole. The same report in Convenience Store News found that 90% of C-store owners say these changes would negatively impact their business.
To be clear, no final decisions have been made and any new rules will have to be written into law. That said, it’s important to educate yourself about these proposals. Taking action now and expanding your inventory could have positive effects down the road.