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These modern nicotine sales are making up 50% of our loss in sales from the decline in cigarettes. The retailer, a subsidiary of Tokyo-based Seven & i Holdings Co., said it is also looking to cut costs and to become more efficient as it targets a 90-basis-point reduction in operating, selling, general and administrative costs as a percentage of sales this year

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Instead of having that atomizer that drips in e-liquid, we have created a capsule that slots in and gives you that vaporizer-like performance with a sealed capsule." The company developed this kind of closed-system/capsule model, in part, to benefit retailers, he said

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