Quote:
Originally Posted by T.G
If the opening of a single discount cigarette store was able to cause a B&M to go out of business, then I suspect that the B&M probably had bigger issues than just their pricing and was already teetering on the edge.
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I thought the same thing too. After the B&M closed, I went to another one and mentioned the one that closed. The guy there knew the guy that owned the closed shop, and he said, "He'd been there for years, and as soon as that cigarette store started selling cigars cheaper, he lost all his business." I take that as meaning either the people were desperate for another choice (this town is about 10-15 miles away from the metro area), or the cigarette place undercut his prices so bad that he couldn't compete. Probably a mix of both.