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X-Bar was developed against a backdrop of fierce competition in the e-cigarette market, where innovation is key to standing out from the crowd

"Further, we felt we could better use the space to merchandise other items." True to the Costco ethos, he said the retailer, which specializes in cutting expenses to sell items in bulk and for low prices, didn't publicize the decision because press releases "are a waste of money." CVS's decision to stop selling tobacco products two years ago meant the company lost out on about $2 billion a year

Retrieved October 3, 2022

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