One of Manhattan’s cigar shops has new owners. Earlier today, the Fakih family announced that they would be selling to a “subsidiary of Imperial Tobacco Group.” That subsidiary is JR Cigar, one of the largest cigar retailers in the world. In a statement posted on Facebook, the company thanked its patrons and said that it believed the stores were in good hands. “We have full confidence in the new ownerships vision for the future of the Cigar Inn,” said a statement. “We have painstakingly built this business with passion and pride over many years, and we were very particular about who we selected to take this to the next level. We believe the new team is the right people to do this.” The statement quotes Rob Norris, who is the ceo at JR Cigar. A spokesperson for the company would not comment, but indicated a formal announcement from JR Cigar is coming tomorrow. “I am a long-time admirer of the stores that Gus, Billy and Bass Fakih have built at both Manhattan locations,” said Norris in the statement. “We intend to maintain the relevancy that makes Cigar Inn the No. 1 place for NYC cigar enthusiasts to smoke hand-made cigars ...
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