Walmart Stores, Inc. (WMT) to stop selling e-cigarettes and electronic nicotine delivery products at its U.S. stores, according to Reuters report and as mentioned in an internal memo of the company. Growing and Unmonitored usage of vaping products among teenagers has been a major cause of health concern leading to lung disease and deaths.
Recently, all flavored e-cigarettes were banned and removed from store shelves by Trump administration in New York and Michigan preventing millions of children into nicotine addiction. Walmart too, increased the minimum age for Tobacco purchase to 21 years, after the U.S. Food and Drug Administration called out the company for selling tobacco to minors along with other retailers like Kroger, Family Dollar, 7-Eleven, Sunoco, and Casey’s General Stores.
Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites. To learn more about Walmart (WMT) and to continue to track its progress please visit the Vista Partners Walmart Coverage Page.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
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