On-line retailer Ocado knows the problem only too well. Last week 14 out of 28 special offer wines were temporarily out of stock!
As BAT counts its considerable annual profits, can we ask whatever happened to the proposed introduction of a ‘safe cigarette’ which it announced a year ago?
Cigarettes and tobacco remain an important chunk of our Features > Business, even though sales are affected by smuggled and counterfeit products. When the ban on smoking in public places comes into force next July we anticipate further erosion of our sales. It may be a good time to review our current low margins and adopt a more profitable position for this ailing category.
We are relieved by the recent ruling at the European Court of Justice that UK consumers will not be able to buy low tax alcohol from other member states over the internet. This would have spelt disaster for our drinks business. Harmonisation of duty tax rates across the 25 EU member states would solve the problem but that appears most unlikely.