Friday, November 11, 2011

Demand, theft, supply

Another village supermarket was broken into after midnight earlier this week. The thieves made their escape with ‘a large quantity of cigarettes'.

That is the third such robbery of which I personally have heard.

There never seem to be any queues these days at the Asda tobacco kiosk when I walk past on the way to pick up a trolley.

The latest price rises seem to have had their effect on conventional sales. Some smokers, at least, are looking to alternative sources of supply.

But Imperial Tobacco is pleased with growth in sales of the premium brand Davidoff: up nine per cent in Saudi Arabia, 11 per cent in Taiwan, 12 per cent in Ukraine and 33 per cent in Russia.


Link
Imperial Tobacco: Preliminary Results for the twelve months ended 30 September 2011

Related post
The problem with tobacco