Germany, France, Italy, and Spain collectively account for the majority of European duty free tobacco expenditure, with significant contributions from Eastern European outbound travelers who benefit more acutely from the price differential between taxed domestic markets and duty free pricing
Libya, Aruba, Japan, Panama, the United Arab Emirates, Curacao and Cameroon lagged somewhat behind, together accounting for a further 20%
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Retrieved 5 December 2016
Hey Ted, its nice to meet you, thanks for the sound check
REGISTER When prices are rising and things feel uncertain, our focus is simple: helping our customers save money and making everyday life more affordable when they need it most. Mindy West, President and CEO Investor Relations