The Average Price For Cigarettes Will Be Above A Pack
Altria Group (MO) says it will soon raise prices on Marlboro and other brands by 71 cents a pack.
Altria thinks cigarette sales could drop a bit, so it’s increasing prices to make up for the loss.
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Valentine’s Day spending
Valentine’s Day spending is expected to drop this year to $28.6 billion, or 4.8 percent below last year, according to IBISWorld Inc.
“Tightening household budgets will make it difficult to justify splurging on loved ones this year, especially for couples with children who have just had to budget for the Christmas holiday,” said George Van Horn, senior analyst for IBISWorld.
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Categories: Mixed Tags: budget, day, downturn, Economy, flower mart, group, ice, micalizzi, owner, price, spending, World