Wild Bill’s Tobacco has acquired all of Cheap Tobacco’s 34 store locations, including 33 in Ohio and one in West Virginia. The deal expands Wild Bill’s Midwestern holdings, where its portfolio includes over 200 stores in Michigan, Indiana, and Ohio. It is the second-largest tobacco retailer in the U.S.
Wild Bill’s Tobacco has retained all Cheap Tobacco store-level employees, from district managers down.
“We’re confident that Wild Bill’s Tobacco will continue to provide amazing products and service you’ve come to expect, while adding even more options to enjoy,” Cheap Tobacco Founder and CEO Dennis Harper said in a press release that also announced his retirement. “We wouldn’t have passed the torch to anyone else but the Wild Bill’s family. Their reputation as a leader in our industry can’t be understated. We are proud to have served you over the years and know you will enjoy the added benefits of this transition.”
Wild Bill’s plans to renovate the 34 Cheap Tobacco stores within the next six to nine months, adding walk-in humidors will be added to each of the locations. It will also expand its product lines and extend store hours.