british american tobacco cigarettes plans $47bn Reynolds merger British American Tobacco lifts guidance

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The results show that while 50% of menthol smokers switched to smoking non-menthol cigarettes, almost a quarter (24%) of menthol cigarette smokers quit smoking altogether after a menthol ban

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"Store traffic and sales growth (were) impacted as consumers consolidate trips and reduce shopping occasions." Regional tobacco flavor bans have also affected sales of other nicotine products, the parent company said, and cigarette sales have fallen 26 percent since 2019