Reynolds and Lorillard are raising the list price by 6 cents a pack, or 60 cents a carton. Although the list price is geared toward wholesale and direct-buying customers, such increases are usually passed on to consumers. Meanwhile, Philip Morris is decreasing its national off-invoice promotional discount to wholesale and direct-buying customers on all Marlboro and L&M styles by 6 cents a pack, effectively raising the price for consumers. The list price is going up by 6 cents a pack for its other cigarette brands. Reynolds spokesman Bryan Hatchell said the prices are going up on 21 brands, including Pall Mall and Camel, its two most popular. “As always, we cannot speculate on how this will... [Read more]