Smoker Friendly Acquires 22 Tobacco Road Outlet Stores
The Cigarette Store Corporation, the parent company of Smoker Friendly, has acquired Tobacco Road Outlet, a North Carolina-based chain of 22 stores.
As part of the acquisition, the stores will now be rebranded as Smoker Friendly Stores.
“These stores provide a great opportunity to expand our corporate store footprint with our existing company stores in the mountain states and Florida,” said Terry Gallagher Jr, president of Smoker Friendly/The Cigarette Store Corporation, in a press release. “We are very excited about bringing these stores and their great team into our portfolio. Rex and Andy Whitaker and their team did a great job building the company and operating tobacco stores in North Carolina and we are proud the Whitakers looked to Smoker Friendly as the acquirer when they were ready to exit the business.”
In addition to Smoker Friendly, The Cigarette Store Corp. also operates Gasamat stores, paylesscigarsandpipes.com, Tobacco Depot and the Rocky Mountain Cigar Festival.
Charlie Minato
I am an editor and co-founder of halfwheel.com/Rueda Media, LLC. I previously co-founded and published TheCigarFeed, one of the two predecessors of halfwheel. I have written about the cigar industry for more than a decade, covering everything from product launches to regulation to M&A. In addition, I handle a lot of the behind-the-scenes stuff here at halfwheel. I enjoy playing tennis, watching boxing, falling asleep to the Le Mans 24, wearing sweatshirts year-round and eating gyros. echte liebe.
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