Walmart’s Small Format Makes Big Impression

Walmart says its smaller-format stores are gaining market share against dollar stores, supermarkets, and pharmacies and will therefore play an increasingly significant role in the company’s future, the Wall Street Journal reports. “You’ll see us increasingly moving into smaller formats,” said Bill Simon, head of Wal-Mart’s U.S. division, at an industry conference Tuesday. “They compete…

Reynolds Readies Nicotine-Replacement Products

Reynolds American Inc. is entering the nicotine-replacement therapy (NRT) marketplace with the Zonnic gum product of its Niconovum pharmaceutical subsidiary, said The Winston-Salem Journal. Reynolds is also launching its version of an electronic cigarette (Vuse), smokeless pouches and pellets (Viceroy), and nicotine extract products such as lozenges, the newspaper reported. The launch of Zonnic in…