Convenience stores

The FDA's formal vaping proposal is finally here

In this illustration, block letters spell FDA while an e-cigarette lays underneath the F.
Illustration: Rebecca Zisser/Axios

After what seemed like a million incremental announcements, the Food and Drug Administration formally released its proposal yesterday to restrict the sale of flavored vape products, in the hopes of curbing their popularity among teens.

The big picture is pretty much what we expected: Physical stores must either keep out everyone younger than 18 or keep their e-cigarette supplies in a separate room inaccessible to underage customers. Online retailers must use age-verification tools.

Dollar Tree's misplaced bet on Family Dollar

In this image, shoppers walk through the parking lot away from a Family Dollar store.
Photo: Paul Hennessy/NurPhoto via Getty Images

Some 4 years ago, 2 discount retail kings — Dollar Tree and Dollar General — were fighting over who would absorb the third dollar store giant, Family Dollar. Dollar Tree won out.

Driving the news: But today, lagging sales at Family Dollar are actually dragging Dollar Tree down, reports the Wall Street Journal.