Engagement, an overriding theme of the NACS Show, was clearly the dominant theme of NACS Chairman Jay Ricker’s Opening General Session address on Oct. 6 at the NACS Show. Ricker encapsulated his past year as chairman with three stories about engagement: with the media, with customers and with elected officials. The first story related to…
House Passes Swipe Fee Reform Bill
Last night, Wednesday, June 30, the House voted on the financial bill package, passing it by a vote of 237-192, with the swipe fee amendment intact, NACS reported. The bill was not without changes though. Earlier this week the Conference committee working on the financial services overhaul met again to alter aspects of the bill…
Senate Passes Swipe Fee Reform
The U.S. Senate voted to include swipe fee reform in the Restoring American Financial Stability Act of 2010 through an amendment introduced by Sen. Richard Durbin. Specifically, the measure is expected to ensure that debit card transactions are reasonable and proportional to the cost of processing the transaction. “Tonight, the Senate stood up to the…
New Interchange Amendment Needs Retailer Attention
More than 170 amendments have been filed to the financial regulatory reform bill now before the Senate, and to expedite the process, Majority Leader Harry Reid (D-NV) has asked senators to consolidate their amendments, NACS reported. On Monday night, Senate Majority Whip Richard Durbin (D-IL) filed a new amendment (#3932), merging the main provisions of…
Woodstock, Va., Council Keeps Carwash Ordinance
Woodstock, Va., is keeping its carwash regulations as is, including a rule requiring all carwashes to obtain a special-use permit. After Sheetz looked to bypass the ordinance in order to add a carwash to its c-store in Woodstock, the Town Council’s ordinance committee had a vigorous debate between panels on the topic, and in the…
Swipe Fee Fight Mounts
Building on 7-Eleven’s successful “Stop Unfair Credit Card Fees” consumer petition campaign, convenience store operators joined with U.S. Representatives Peter Welch and Bill Shuster to deliver an additional two million new customer signatures collected during the NACS “Stop Unfair Swipe Fees” campaign, which is asking Congress to put an end to unfair, hidden credit and…
Salty Foods Under Fire
Public health experts from the Institute of Medicine (IOM) urged the Food and Drug Administration (FDA) on Tuesday to force food makers to gradually decrease the amount of sodium in products. The 1.5 teaspoons of sodium Americans consumer daily-most of which comes from processed foods-is more than double the amount they require for positive health…