Ninety years after it opened its doors for the first time, Nat Sherman is closing down. Nat Sherman International Inc., which has been owned by cigarette giant Altria Group Inc. since 2017, will cease operations by the end of September, shutting down not only its midtown Manhattan cigar store but also its entire wholesale business.
The decision comes several months after Altria began looking for a potential buyer for the cigar subsidiary; the company announced it was considering the sale of Nat Sherman International Inc. in October.
“We worked hard to successfully transition Nat Sherman International to a new home. The Covid-19 pandemic created new challenges that were unfortunately too big to overcome,” said Jessica Pierucki, general manager, managing director for Nat Sherman.
Back in the 90s there was a little Nat Sherman store on Broadway, if I remember right, a couple of blocks from Union Square. I was working at Cheap Jacks close by at the time, and used to stop in on the walk to work now and then to grab a pack of their cigarillos, which I liked a lot. Hate to hear they’re gone. But this is only one of many, many chapters in an ever-lengthening tale, with no happy ending in sight.
(Via Ed Driscoll)