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Global Tobacco LLC Last year could prove a turning point for the tobacco category, with the Food and Drug Administration taking the first step to regulating all tobacco products with its final deeming rule. The biggest change for the tobacco industry is coming by way of vape shops, according to Mike Walters of Global Tobacco. Global Tobacco is a manufacturer of pipe tobacco, cigarettes, filtered cigars, cigarillos and the X2O e-liquid line. The company launched its first e-liquid about two years ago and released its latest offering six to eight months ago. "Vape shops are not making their own liquid anymore, which opens up opportunities for manufacturers," Walters said. "Vape shops are also beginning to close, which is driving customer traffic to other channels like convenience." Overall, tobacco is always going to be there; it's the key to a competitive business and still growing every year, he noted. As for segment growth, Global Tobacco has found cigarillos do well in some markets and cigars in vape hookah others. Regulations and taxes are different from state to state, which affects customers' buying behaviors. SKUPOS SKUPOS is a relative newcomer to the convenience channel. The software company provides inventory management tools to both c-store retailers and distributors. As CEO Jake Bolling explained, retailers can log in and manage their inventory, and distributors can log in and see what their customers are doing.
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