The National Association of Convenience Stores (NACS) called the Dec. 16 release of the Federal Reserve’s proposed rulemaking related to debit card swipe fees a “positive step” and said it will continue to push for the reforms demanded by Congress and consumers alike. While no interchange fees should be allowed on debit transactions, the Fed’s [...]
Exceptional leadership, great stores and unsurpassed customer service are the hallmarks of the convenience store industry’s extraordinary chains. Following these guiding principles, Convenience Store Decisions is proud to announce Rutter’s Farm Stores as the 2010 Convenience Store Chain of the Year. At a time when many industry marketers are struggling with exorbitant credit card fees [...]
Outstanding leadership, great stores and unsurpassed customer service are the hallmarks of the convenience store industry’s exceptional chains. Following these guiding principles, Convenience Store Decisions is proud to announce Rutter’s Farm Stores as the 2010 Convenience Store Chain of the Year. Rutter’s, which supplants Nice N Easy Grocery Shoppes as Chain of the Year, is [...]
Exceptional leadership, great stores and unsurpassed customer service are the hallmarks of the convenience store industry’s extraordinary chains. Following these guiding principles, Convenience Store Decisions is proud to announce Rutter’s Farm Stores as the 2010 Convenience Store Chain of the Year. At a time when many industry marketers are struggling with exorbitant credit card fees [...]
On July 26, some 36 environmental and industry groups signed and sent a letter that went to the majority and minority leaders of the Senate urging opposition to any amendment to the upcoming energy bill that would authorize the sale of gasoline with more than 10% ethanol. The National Petrochemical & Refiners Association (NPRA), the [...]
The National Association of Convenience Stores (NACS) is urging retailers to contact legislators one more time as the financial reform bill, which contains the swipe fee amendment, goes to a vote. Last week, House and Senate financial services reform negotiators agreed to finalize the financial bill with the swipe fee reforms included. Now, both the [...]
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 [...]
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) [...]
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 [...]
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 [...]
An otherwise tough year for convenience stores was balanced out by strong retail fuel margins from the unprecedented drop in wholesale fuels prices during the fourth quarter of 2008, according to National Association of Convenience Stores’ (NACS) 2009 State of the Industry report. However, credit card fees continue to take a toll on industry profitability. [...]
By Bob Gatty, Contributing Editor If manufacturers, distributors and convenience store retailers would embrace some basic changes and work more closely together, they could realize a potential bonanza of hundreds of millions of dollars in new profit, according to a new joint industry study. That is the message of the soon-to-be released “Convenience, Candy & [...]
Zip back to Nov. 4, 2008, when CNN newscaster Wolf Blitzer seemed smitten by some techno-spice his network rolled out during its coverage of the presidential election. It went like this: A 3D image of a CNN correspondent in Chicago was beamed to the network’s New York headquarters, where she appeared in-studio as a hologram. [...]
Cigarettes continue to be the top in-store category based on sales dollars. On a monthly basis, the industry per store average over the past year was $39,127. However, its gross profit contribution slipped to 3.2% to $6,152 falling behind package beverages ($6,526), according to the National Association of Convenience Stores State of the Industry report. [...]