Circle K And NJOY Electronic Cigarettes Enter Into Long Term Partnership For Chain-Wide Distribution
SCOTTSDALE, Ariz., July 18, 2012 /PRNewswire/ -- Circle K has entered into a partnership with NJOY electronic cigarettes for chain-wide corporate store distribution in 3,100 US retail locations beginning in August 2012. Circle K has been an early leader in the e-cigarette category, and this newly formed partnership further strengthens NJOY's market-leading brand with products offered in almost 30,000 retail stores nationwide.
"Circle K's focus on leadership brands that meet the evolving needs of their customers with innovative new products aligns perfectly with NJOY and its rechargeable and non-rechargeable products," said Vito Maurici, senior vice president of sales and distribution for NJOY.
"While still in its infancy, the electronic cigarette category has thus far been marked by tremendous variation in terms of product quality and consistency," said Trey Powell, Director of National Procurement for Circle K. "NJOY has developed a strong reputation for quality, and their performance within the category really underscores the value that consumers have assigned to the brand. We're confident that our customers will do the same."
NJOY continues to be the market leader in this category, achieving a 38.5% market share of dollars according to the most recent Nielsen Scan Track (May, 2012) numbers in C-stores. NJOY's market share is now larger than the next five competitors' combined.
As part of the rollout, Circle K will carry NJOY's market leading Rechargeable Starter Kits, cartridge refills and the award-winning Onejoy non-rechargeable products. All will be available in Traditional, Menthol and varying nicotine levels.
About Circle K
As of April 29, 2012, Laval, Quebec-based Couche-Tard had a network of 5,803 convenience stores, 4,216 of which include motor fuel dispensing, as well as agreements for the supply of motor fuel to 350 independent operator sites. Couche-Tard's network consists of 13 business units, including nine in the United States covering 42 states and the District of Columbia (primarily under the Circle K flag), and four in Canada covering all 10 provinces (primarily under the Mac's and Couche-Tard flags).
In addition, under licensing agreements, about 3,990 stores operate under the Circle K banner in nine countries (China, Guam, Hong Kong, Indonesia, Japan, Macau, Mexico, Vietnam and United Arab Emirates). Following its acquisition of Statoil, Couche-Tard also operates a retail network across Scandinavia, Poland, the Baltics and Russia with approximately 2,300 stores.
NJOY is the most popular electronic cigarette brand in America and is known as the industry's "Gold Standard" due to its best-in-class products, patent-pending technology, superior branding, and experienced management team. NJOY is available in almost 30,000 retail stores nationwide including more than half of the nation's top 20 convenience store chains. NJOY offers a variety of rechargeable and non-rechargeable electronic cigarette products made for adult smokers. These products provide nicotine and rich tobacco and menthol flavor without smoke or odor, and cost less than traditional cigarettes to use. NJOY is a trademarked electronic cigarette brand and is headquartered in Scottsdale, Arizona. To learn more about NJOY products visit www.NJOY.com.
For more information or to request an interview with NJOY, contact Allison McFerren (Allison@njoy.com).
Contact: Allison McFerren
Phone: 480-305-7950 ext. 114