Alimentation Couche-Tard builds company-operated business in its West Coast Division as it plans to acquire a handful of Sun Mart stores. Alimentation Couche-Tard has signed an agreement to acquire 27 stores from Sun Pacific Energy in Eastern Washington State, mostly in the tri-city area of Pasco, Kennewick and Richland. The transaction is expected to close…
epay Launches Ria Branded PINless Calling
With Ria PINless the prepaid account is automatically detected when calling from a registered telephone number, enabling customers to make international calls without the need to enter a PIN. epay, a division of Euronet Worldwide Inc. and a prepaid and payments processor in the U.S., in conjunction with its sister company Ria Financial Services (Ria),…
Couche-Tard Extends Statoil Bid To June
Alimentation Couhce-Tard’s offer to acquire all of the shares of Statoil Fuel & Retail for NOK 51.20 per share in cash now expires in early June. Alimentation Couche-Tard Inc. announced that its voluntary offer to acquire all of the issued shares of Norwegian-based Statoil Fuel & Retail has been extended and will expire at 5:30…
NRF Urges FTC To Move Cautiously on Mobile Payments
“The government should not impose regulations that would forestall yet-to-be-imagined advances and innovation,” says NRF spokesperson. The National Retail Federation is urging the Federal Trade Commission to move cautiously in establishing regulations for mobile payments, and said any rules that are adopted should parallel those for the underlying form of payment and not be specific…
Secure in the Convenience Store
Internet-based surveillance systems are combating shrink and protecting employees. By Howard Riell, Associate Editor. Increasingly in society, it seems security equals surveillance, especially at retail. Internet-based security systems are part of that trend, helping operators by tracking and recording every transaction and thereby decreasing the amount of thefts by both customers and employees. Even better,…
Fighting Credit Card Costs
Is there relief ahead for exorbitant credit card fees? The answer is yes. But first, there’s a fight to be fought. According to NACS in Alexandria, Va., credit card payments have grown from 21% of transactions in 1995 to 49% today, with the trend expected to grow to more than 50% by next year. The…
Safe at the Store
The times necessitate that store systems do more–and few store systems are more crucial to a retailer’s success than cash handling and security. While retail technology has focused on point-of-sale (POS) systems that integrate everything from transaction accounting to inventory management, one of the most recent areas of opportunity involves the integration of cash handling…
What’s Your Solution?
SKU SLEUTH … Rick Cosmer, vice president of retail sales and operations at Mansfield Oil Co. in Georgia, has found cutting-edge back-office systems can offer huge payoffs in terms of data analysis and sales tracking. Cosmer said the most powerful piece of his system allows him to drill down J.D. to individual products to determine…