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

Top Five NACStech Trends

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

PCATS Again Under NACS Umbrella

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’

NACStech In Full Swing

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

Register Now For The NYACS Show

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

Getting Back to Beer Basics

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

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

Interchange Debate Reaches Georgia Committee

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

Lending Outlook 2010

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

Senate To Review Food Safety Bill

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 Offer 2010 Outlook

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

SymphonyIRI Reveals Top New Products

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

NACS Releases State of the Industry Report

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

NACS Spends $770K Lobbying For Industry

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

Breaking Down the PACT Act

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

Marketing the Beverage Bar

While frozen dispensed beverages are not a huge portion of the typical store’s overall sales, the product is proving to be quite profitable, thanks to a gross margin north of 50%. Although the slush-style drink was a c-store original, other retailers recognized its potential, and today, frozen beverages with a variety of names and logos

NACS Show To Welcome Former President George W. Bush

NACS has announced that former President George W. Bush will be the closing general session speaker for this year’s NACS Show, which will take place Oct. 5-8 at the World Congress Center in Atlanta. Bush will be the fourth U.S. president to speak at a NACS event: former President Bill Clinton served as last year’s

President Obama Signs PACT Act

NACS and convenience retailers are enjoying a huge win today, thanks to enactment of the Prevent All Cigarette Trafficking Act (PACT Act), which addresses the long-standing convenience store industry concern of tax evasion via remote sellers of tobacco products. Today’s White House signing by President Barack Obama caps a 10-plus year effort by retailers to

NACS Asks EPA To Remove Stage II Requirement

The U.S. Environmental Protection Agency (EPA) proposed regulations to tighten the standards controlling ozone emissions into the atmosphere could push a number of countries out of alignment with ozone standards and have strong implications for petroleum retailers, NACS reported. As it stands now, retailers in severe non-attainment designations would be required to install stationary Stage

Kum & Go Petition Gathers 40,000 Signatures

Kum & Go, L.C. has collected more than 40,000 signatures from customers wanting to control and reduce credit and debit card swipe (or interchange) fees put on customer transactions.   The signatures were collected in just one month from all Kum & Go stores as a part of the National Association of Convenience Stores (NACS)

Efficient Exit Strategies Sweeten Candy Profits

Developing an effective exit strategy for candy and reviewing product performance regularly can boost profits in the candy segment. “On a basic level you want to discontinue the slow moving items that rank in the bottom of the category to bring in something new that is going to contribute sales and margins to the category,”

Pennsylvania GetGo Becomes LEED Silver-Certified

Multi-format retailer Giant Eagle, Inc. today announced the receipt of a Leadership in Energy and Environmental Design (LEED) Silver certification for its GetGo convenience store and fuel station located at 140 Towne Center Drive in Wexford, Pa.  “Adding a LEED-certified convenience store and fuel station to our wealth of sustainable business practices underscores Giant Eagle’s

NACS Introduces Teri Richman Internship Program

NACS has established an ongoing internship program honoring Teri Richman to perpetuate her passion for growing young talent, exploring new ideas and bettering the industry. The program was announced Feb. 10 at the NACS Leadership Forum in San Francisco. Richman joined NACS in 1982 as its first in-house federal lobbyist and played a critical role

NACS Past President Sam Jacobsen Passes Away

Sam Jacobsen, one of the early leaders who helped expand the role of NACS after its founding in 1961, and its 1971-1972 president, died Monday at his home in Madison, Wisconsin at age 84, NACS reported. “Sam’s contribution to our association and our industry goes far beyond his tenure as president,” said NACS president and

Should Customers Pay For Air?

Gas stations in Connecticut are being called out for disobeying a law that says it’s illegal for motorists to pay for air in the state, The Day reported. Across the nation, gas stations have been adding coin-operated air compressors for the customers to use to inflate tires, but while Connecticut stations are allowed to use

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