Shopping on line can be easy, simple and save you lots of money. It can also take a lot of your time, frustrate you, and result in unwanted purchases. Now the same can be said for regular high street shopping, but with the vast opportunity presented by the Internet it will pay you to spend a few minutes reading this and understanding how to better optimize your Phillip Morris shopping experience:
1. Compare - without doubt the biggest advantage that the Phillip Morris offers shoppers today is the ability to compare thousands of Phillip Morris at a time. This is a great thing, but not necessarily all the time! Too much can be daunting at times so take advantage of the great comparison sites and where possible let them do the hard work for you.
2. Research - if it has been said it will be on the internet. Ignorance is no longer a justifiable reason for buying the wrong thing. Take the time to research in detail everything that you could possible want to know about
3. Testimonials - don't know anybody that has bought a Phillip Morris? Wrong! If the Phillip Morris is good the internet will let you know. Use the Internet as a friend and get testimonials before you buy.
4. Questions - Got a question about Phillip Morris then search the Forums, FAQ's, Blogs etc. Don't be afraid to ask .....
5. Reputation - Never heard of the company selling Phillip Morris? Don't worry, no reason why you should know every company in the world, but you know someone that does! Use the internet to find out what people are saying about Phillip Morris and build up a picture of their reputation for sales, returns, customer service, delivery etc.
6. Returns - still worried that even after all of the above your Phillip Morris wont be what you want? Check out the returns policy. There is so much competition now that someone, somewhere is bound to offer the terms that you are comfortable with.
7. Feedback - happy with your Phillip Morris then let people know, after all you are depending on others people input in your buying decision, so why not give a little back.
8. Security - check for the yellow padlock on the Phillip Morris site before you buy, and the s after http:/ /i.e. https:// = a secure site
9. Contact - got a question about Phillip Morris, or want to leave a comment then check out the sites contact page. Reputable companies have them and respond.
10. Payment - ready to pay for your Phillip Morris, then use your credit card or PayPal! Be aware of companies that don't accept them, there may be genuine reasons but given the huge amount of choice you have when buying online there is no reason at all not to buy via credit card or PayPal.
{{Infobox_Company| company_name = Altria Group, Inc| company_logo = | company_type = Public| company_slogan =| foundation = 1860
London,
UK, [USA, CEO & Chairman
[Dinyar Devitre, CFO],
Food Industry, Beverage| revenue = $101.407 billion [United States dollar (
2006) ] (2006) ], is the parent company of
Philip Morris International,
Philip Morris USA and Philip Morris Capital Corporation, and is one of the world's largest tobacco corporations. In addition, Altria Group, Inc. has a 28.7% economic and voting interest in one of the world's largest brewing companies, UK based
SABMiller. It is a component of the Dow Jones Industrial Average and S&P 500.
On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc. On March 30, 2007, a
spin out of
Kraft Foods subsidiary (publicly traded since 2001) was concluded through distribution of the remaining stake of shares (88.1%) to Altria shareholders. As a result, Altria no longer holds any interest in Kraft Foods.
Holdings
Altria Group, Inc. owns 100 percent of Philip Morris USA, Philip Morris International, and Philip Morris Capital Corporation. It also owns 28.7% of
SABMiller.
Before the recent restructuring, the net revenue (and operating income) of Altria Group, Inc. came predominantly from its
tobacco business, as is shown in the following table. Altria's share of SABMiller's revenue and profits is not included in the table below because its holding it too small to be consolidated in the group accounts. US Securities and Exchange Commission,
Altria Group, Inc. Annual report 2006:{| class="wikitable"|-! Activity! width="100" | Net revenue
in 2006
(millions USD)! width="100" | Net revenue
in 2006
(%)! width="100" | Operating
income
in 2006
(millions USD)! width="100" | Operating
income
in 2006
(%)|-| USA tobacco| align="right" | 18,474| align="right" | 18.2%| align="right" | 4,812| align="right" | 26.5%|-| International tobacco| align="right" | 48,260| align="right" | 47.6%| align="right" | 8,458| align="right" | 46.5%|-| North American food| align="right" | 23,118| align="right" | 22.8%| align="right" | 3,753| align="right" | 20.7%|-| International food| align="right" | 11,238| align="right" | 11.1%| align="right" | 964| align="right" | 5.3%|-| Financial services| align="right" | 317| align="right" | 0.3%| align="right" | 176| align="right" | 1.0%|-| Total| align="right" | 101,407| align="right" | 100%| align="right" | 18,163| align="right" | 100%|}
Philip Morris component
Altria's tobacco subsidiary, Philip Morris, is the world's largest commercial
tobacco company by sales. Their flagship Marlboro (cigarette) is the world's most popular tobacco brand. Other popular tobacco brands owned by Philip Morris are
Parliament (cigarette), Virginia Slims (cigarette), and
Benson & Hedges (licensed in some markets).
Philip Morris was founded by a
London tobacconist of the same name. He was one of the first people to sell hand-rolled cigarettes in the
1860s, selling them under the brand names Oxford and Cambridge Blues, following the adoption of cigarette smoking by British soldiers returning from the
Crimean War. The company opened its
New York (city) office in 1902 and soon became part of James Duke American Tobacco Company monopoly.
Though Altria's headquarters are still in New York, in 2004 its Philip Morris USA division completed a move of its 682 New York based employees to
Richmond, Virginia. Of the 682 offered relocation, only a handful accepted and relocated. Over 500 New York based employees accepted an early retirement or severance package and did not make the move to Richmond. It emerged as the number one youth-initiation brand.
History
Altria's history at a glance
- 1847: Philip Morris opens a shop in London, selling tobacco and ready-made cigarettes.
- 1881: Philip Morris goes public in London.
- 1887: The company becomes Philip Morris & Co., Ltd.
- 1902: Philip Morris & Co. Ltd. is incorporated in New York.
- 1919: Acquisition of Philip Morris & Co. in the US by a new firm owned by American stockholders and incorporation in Virginia under the name of Philip Morris & Co., Ltd., Inc.
- 1924: Introduction of the Marlboro (cigarette) brand
- 1951: Philip Morris becomes the highly visible sponsor of CBS's "I Love Lucy" TV Show.
- 1954: The first major affiliate outside the USA is created: Philip Morris (Australia) Ltd.
- 1955: Philip Morris & Co. Ltd., Inc. changes its name to Philip Morris Incorporated.
- 1955: Philip Morris Overseas is established as an international division within Philip Morris (to be renamed Philip Morris International in 1967).
- 1963: Philip Morris acquires its first factory in Europe, Switzerland's Fabriques de Tabac Réunies (FTR).
- 1967: Philip Morris reorganizes to create three internal operating divisions within Philip Morris Incorporated: Philip Morris Domestic, Philip Morris International and Philip Morris Industrial.
- 1968: Philip Morris Domestic changes its name to Philip Morris USA.
- 1969: Philip Morris Inc. acquires Miller Brewing Company from W.R. Grace and Company
- 1970: Philip Morris GmbH set up as an affiliate in Germany.
- 1985: Philip Morris Companies, a holding company, becomes the publicly-held parent of Philip Morris Incorporated.
- 1987: Philip Morris International, newly incorporated operating company, acquires the international business division of Philip Morris, Inc.
- 1988: Philip Morris Companies Inc. acquires Kraft Foods.
- 2000: Philip Morris Companies Inc. merges Nabisco, a spin-off from RJR Nabisco, into Kraft Foods.
- 2001: Philip Morris International headquarters are relocated from the USA to Lausanne, Switzerland.
- 2002: Philip Morris Companies Inc. sells Miller Brewing Company to South African Breweries, retaining a 36% share.
- 2003: Philip Morris Companies Inc. changes its name to Altria Group, Inc., the parent company of Kraft Foods, Philip Morris USA, Philip Morris International and Philip Morris Capital Corporation.
- 2007: The company announces the spin-off of Kraft Foods, and will concentrate on its tobacco activity Altria "when-issued" shares set to trade
- 2007: The company announces the plan to phase out production and jobs at the Concord, North Carolina plant, ultimately shutting the plant down by 2010. Philip Morris to close Concord plant, Charlote Business Journal
- 2007: Altria announces the planned spin-off of Philip Morris International
Products
- Alpine
- Basic (cigarette)
- Best
- Bristol
- Bond Street (cigarette)
- Bucks
- Cambridge
- Chesterfield (cigarette)(named for Chesterfield County, Virginia)
- Classic
- Collector's Choice
- Commander
- Drina
- English Ovals
- F6
- Lark
- L&M
- Marlboro (cigarette)
- Merit
- Morava
- Multifilter
- Next
- Parliament (cigarette)
- Players
- Red & White
- Saratoga
- Sampoerna
- Virginia Slims
Corporate governance
Board of directors
Current members of the board of directors of Altria Group are:
On May 1, 2006, Carlos Slim resigned from the board of directors. The board presently comprises eleven members.
Executive staff
- Louis C. Camilleri, Chairman and Chief Executive Officer, Altria Group, Inc.
- André Calantzopoulos, President and Chief Executive Officer, Philip Morris International Inc.
- Michael Szymanczyk, Chairman and Chief Executive Officer, Philip Morris USA Inc
- John J. Mulligan, President and Chief Executive Officer, Philip Morris Capital Corporation.
- Dinyar S. Devitre, Senior Vice President and Chief Financial Officer, Altria Group, Inc.
- David I. Greenberg, Senior Vice President and Chief Compliance Officer, Altria Group, Inc.
- Steven C. Parrish, Senior Vice President, Corporate Affairs, Altria Group, Inc.
- Charles R. Wall, Senior Vice President and General Counsel, Altria Group, Inc.
Political influence
According to the Center for Public Integrity, Altria spent around $101 million on lobbying the
Federal government of the United States between 1998 and 2004, making it the second most active organization in the nation. The Center for Public Integrity: Altria Group, Inc. The Center for Public Integrity: Top 100 Companies and Organizations
Altria contributes to the furthering of opinions critical of the impact of global warming and
climate change, through the funding of
astroturfing such as The Advancement of Sound Science Coalition. The Guardian: "The denial industry"
See also
External links
- Official site
- Philip Morris history
References
{{Infobox_Company| company_name = Altria Group, Inc| company_logo = | company_type = Public| company_slogan =| foundation = 1860
London,
UK, [USA, CEO & Chairman
[Dinyar Devitre, CFO], Food Industry, Beverage| revenue = $101.407 billion [United States dollar (2006) ] (
2006) ], is the parent company of
Philip Morris International, Philip Morris USA and Philip Morris Capital Corporation, and is one of the world's largest
tobacco corporations. In addition, Altria Group, Inc. has a 28.7% economic and voting interest in one of the world's largest brewing companies, UK based SABMiller. It is a component of the Dow Jones Industrial Average and
S&P 500.
On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc. On March 30, 2007, a
spin out of
Kraft Foods subsidiary (publicly traded since 2001) was concluded through distribution of the remaining stake of shares (88.1%) to Altria shareholders. As a result, Altria no longer holds any interest in Kraft Foods.
Holdings
Altria Group, Inc. owns 100 percent of Philip Morris USA, Philip Morris International, and Philip Morris Capital Corporation. It also owns 28.7% of
SABMiller.
Before the recent restructuring, the net revenue (and operating income) of Altria Group, Inc. came predominantly from its tobacco business, as is shown in the following table. Altria's share of SABMiller's revenue and profits is not included in the table below because its holding it too small to be consolidated in the group accounts. US Securities and Exchange Commission,
Altria Group, Inc. Annual report 2006:{| class="wikitable"|-! Activity! width="100" | Net revenue
in 2006
(millions USD)! width="100" | Net revenue
in 2006
(%)! width="100" | Operating
income
in 2006
(millions USD)! width="100" | Operating
income
in 2006
(%)|-| USA tobacco| align="right" | 18,474| align="right" | 18.2%| align="right" | 4,812| align="right" | 26.5%|-| International tobacco| align="right" | 48,260| align="right" | 47.6%| align="right" | 8,458| align="right" | 46.5%|-| North American food| align="right" | 23,118| align="right" | 22.8%| align="right" | 3,753| align="right" | 20.7%|-| International food| align="right" | 11,238| align="right" | 11.1%| align="right" | 964| align="right" | 5.3%|-| Financial services| align="right" | 317| align="right" | 0.3%| align="right" | 176| align="right" | 1.0%|-| Total| align="right" | 101,407| align="right" | 100%| align="right" | 18,163| align="right" | 100%|}
Philip Morris component
Altria's tobacco subsidiary, Philip Morris, is the world's largest commercial
tobacco company by sales. Their flagship Marlboro (cigarette) is the world's most popular tobacco brand. Other popular tobacco brands owned by Philip Morris are
Parliament (cigarette),
Virginia Slims (cigarette), and Benson & Hedges (licensed in some markets).
Philip Morris was founded by a London tobacconist of the same name. He was one of the first people to sell hand-rolled cigarettes in the
1860s, selling them under the brand names Oxford and Cambridge Blues, following the adoption of cigarette smoking by British soldiers returning from the
Crimean War. The company opened its New York (city) office in 1902 and soon became part of James Duke
American Tobacco Company monopoly.
Though Altria's headquarters are still in New York, in 2004 its Philip Morris USA division completed a move of its 682 New York based employees to Richmond, Virginia. Of the 682 offered relocation, only a handful accepted and relocated. Over 500 New York based employees accepted an early retirement or severance package and did not make the move to Richmond. It emerged as the number one youth-initiation brand.
History
Altria's history at a glance
- 1847: Philip Morris opens a shop in London, selling tobacco and ready-made cigarettes.
- 1881: Philip Morris goes public in London.
- 1887: The company becomes Philip Morris & Co., Ltd.
- 1902: Philip Morris & Co. Ltd. is incorporated in New York.
- 1919: Acquisition of Philip Morris & Co. in the US by a new firm owned by American stockholders and incorporation in Virginia under the name of Philip Morris & Co., Ltd., Inc.
- 1924: Introduction of the Marlboro (cigarette) brand
- 1951: Philip Morris becomes the highly visible sponsor of CBS's "I Love Lucy" TV Show.
- 1954: The first major affiliate outside the USA is created: Philip Morris (Australia) Ltd.
- 1955: Philip Morris & Co. Ltd., Inc. changes its name to Philip Morris Incorporated.
- 1955: Philip Morris Overseas is established as an international division within Philip Morris (to be renamed Philip Morris International in 1967).
- 1963: Philip Morris acquires its first factory in Europe, Switzerland's Fabriques de Tabac Réunies (FTR).
- 1967: Philip Morris reorganizes to create three internal operating divisions within Philip Morris Incorporated: Philip Morris Domestic, Philip Morris International and Philip Morris Industrial.
- 1968: Philip Morris Domestic changes its name to Philip Morris USA.
- 1969: Philip Morris Inc. acquires Miller Brewing Company from W.R. Grace and Company
- 1970: Philip Morris GmbH set up as an affiliate in Germany.
- 1985: Philip Morris Companies, a holding company, becomes the publicly-held parent of Philip Morris Incorporated.
- 1987: Philip Morris International, newly incorporated operating company, acquires the international business division of Philip Morris, Inc.
- 1988: Philip Morris Companies Inc. acquires Kraft Foods.
- 2000: Philip Morris Companies Inc. merges Nabisco, a spin-off from RJR Nabisco, into Kraft Foods.
- 2001: Philip Morris International headquarters are relocated from the USA to Lausanne, Switzerland.
- 2002: Philip Morris Companies Inc. sells Miller Brewing Company to South African Breweries, retaining a 36% share.
- 2003: Philip Morris Companies Inc. changes its name to Altria Group, Inc., the parent company of Kraft Foods, Philip Morris USA, Philip Morris International and Philip Morris Capital Corporation.
- 2007: The company announces the spin-off of Kraft Foods, and will concentrate on its tobacco activity Altria "when-issued" shares set to trade
- 2007: The company announces the plan to phase out production and jobs at the Concord, North Carolina plant, ultimately shutting the plant down by 2010. Philip Morris to close Concord plant, Charlote Business Journal
- 2007: Altria announces the planned spin-off of Philip Morris International
Products
- Alpine
- Basic (cigarette)
- Best
- Bristol
- Bond Street (cigarette)
- Bucks
- Cambridge
- Chesterfield (cigarette)(named for Chesterfield County, Virginia)
- Classic
- Collector's Choice
- Commander
- Drina
- English Ovals
- F6
- Lark
- L&M
- Marlboro (cigarette)
- Merit
- Morava
- Multifilter
- Next
- Parliament (cigarette)
- Players
- Red & White
- Saratoga
- Sampoerna
- Virginia Slims
Corporate governance
Board of directors
Current members of the
board of directors of Altria Group are:
- Elizabeth Bailey
- Harold Brown (Secretary of Defense) (former U.S. Secretary of Defense)
- Mathis Cabiallavetta
- Louis C. Camilleri
- Dudley Fishburn
- Robert Huntley
- Thomas W. Jones
- George Muñoz
- Lucio Noto
- John S. Reed
- Stephen Wolf
On May 1, 2006, Carlos Slim resigned from the board of directors. The board presently comprises eleven members.
Executive staff
- Louis C. Camilleri, Chairman and Chief Executive Officer, Altria Group, Inc.
- André Calantzopoulos, President and Chief Executive Officer, Philip Morris International Inc.
- Michael Szymanczyk, Chairman and Chief Executive Officer, Philip Morris USA Inc
- John J. Mulligan, President and Chief Executive Officer, Philip Morris Capital Corporation.
- Dinyar S. Devitre, Senior Vice President and Chief Financial Officer, Altria Group, Inc.
- David I. Greenberg, Senior Vice President and Chief Compliance Officer, Altria Group, Inc.
- Steven C. Parrish, Senior Vice President, Corporate Affairs, Altria Group, Inc.
- Charles R. Wall, Senior Vice President and General Counsel, Altria Group, Inc.
Political influence
According to the Center for Public Integrity, Altria spent around $101 million on lobbying the Federal government of the United States between 1998 and 2004, making it the second most active organization in the nation. The Center for Public Integrity: Altria Group, Inc. The Center for Public Integrity: Top 100 Companies and Organizations
Altria contributes to the furthering of opinions critical of the impact of global warming and climate change, through the funding of
astroturfing such as The Advancement of Sound Science Coalition. The Guardian: "The denial industry"
See also
External links
- Official site
- Philip Morris history
References