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 [...]
At the last day of the NACStech show in New Orleans, NACS announced the five companies featuring the most exciting new technology at the expo. Attendees voted for their choices during the show using the new NACStech mobile phone app, deciding from between more than 100 exhibiting companies. The winning results were revealed at the EXPO [...]
NACS will integrate PCATS, the Petroleum and Convenience Alliance for Technical Standards, as an independent standards organization that is part of NACS. PCATS Chairman and NACS Vice Chairman of Technology Pat Lewis made the announcement during the opening general session yesterday at NACStech, noting that the PCATS Board of Directors on May 4 accepted NACS’ [...]
Voting begins today, Thursday, for the most exciting technology found at NACStech by attendees. Retailers at the show need to download the NACStech mobile app in order to vote. Results will be announced at Friday’s Expo Trends 2010 workshop. NACStech, held May 5-7, officially kicked off yesterday at the Ernest N. Morial Convention Center in [...]
The 24th annual Trade Show & Convention of the New York Association of Convenience Stores is set for next week at the Oncenter in Syracuse, N.Y. Retail decision-makers representing more than 1,000 New York convenience stores are expected to attend the May 12-13 event. “Going for the GREEN” is this year’s theme. It’s a product [...]
Beer continues to be an essential category for convenience stores and one that requires more than the usual amount of observation, knowledge, planning, execution and overall savvy. According to The Nielsen Co.:• Nearly 787 million cases of beer were sold in the c-store channel during 52-weeks ending March 6, 2010; down 1.5% from 799 million [...]
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 [...]
The issue of interchange fees found an audience at the Georgia House Banks and Banking Committee, which listened to testimony last week on HB 1456-a bill that deals with the subject of interchange fees. Often late session bills are buried in subcommittees, but significantly Committee Chairman James Mills, who co-sponsored the bill, allowed the [...]
At the NACS Sumitt in Chicago this week, a panel of experts spoke to the c-store industry on today’s lending environment. “It is clear to me this would be a hot topic for many people in this room,” said Joseph Sheetz, executive vice president of finance for Sheetz Inc., who moderated the session. Panel participants [...]
The U.S. Senate is scheduled to review its version of a food safety bill next week, NACS reported. The popular bill is not expected to have much trouble getting passed. Last year the House passed a similar bill, but there exists a large difference in the funding methods each chamber uses to increase the FDA’s [...]
Economists presented both sides of the picture to retailers at the NACS State of the Industry Summit in Chicago this week. The 2010 NACS State of the Industry Summit marked the 40th anniversary of the State of the Industry survey conducted by NACS. When the survey began, industry sales were recorded at just over $1 [...]
At the NACS State of the Industry Summit in Chicago this week, Matt McCourt, director of Convenience / Spirits for SymphonyIRI Group, spoke on the new products in the c-store channel drawing the most excitement from consumers. Topping the list by Symphony IRI of the top new items in total U.S. c-stores for the 13 [...]
C-store sales jumped 5% in 2009 despite the economic conditions, reduction in overall consumer spending. Convenience store in-store sales grew 4.9% in 2009, one of the lone bright spots in a battered U.S. economy that saw overall retail sales drop 7%, according to figures released today by NACS. The industry numbers were announced in Chicago [...]
The National Association of Convenience Stores (NACS) had a busy fourth quarter in 2009, lobbying the federal government on fuel issues and other business that affects c-stores. The association spent $770,000 in both the third and fourth quarter to fight for the interests of the industry, Business Week reported. The amount spent lobbying in the [...]
Convenience store owners scored a major victory in March when the House and Senate passed the Prevent All Cigarette Trafficking (PACT) Act in a near unanimous vote, which forbids the U.S. Postal Service from delivering cigarettes directly to consumers. At presstime, President Obama was expected to sign the bill into law. The PACT Act aims [...]