Professional Research on Philip Morris International and Lorillard -- The War Against Smoking and the Defiance of Cigarette Makers

A new subsidiary is the first step in establishing an office in the country.

The withdrawal of a $58B management buyout offer removes key competition for the global chain.

The chain's first prefabricated and modularized convenience store will open in Ligonier, Ind.

Inside sources say president and CEO Ryuichi Isaka will step down and be replaced by a current board member; however, the company said no decision has been made.

The companies will collaborate on identifying stores that could be sold, as well as potential buyers.