C-Store Retailers Say Sales Rose in 2019

NACS survey finds record-high retailer optimism for the first quarter of 2020 By NACS Online // January 02, 2020 ALEXANDRIA, Va.—Convenience retailers overwhelmingly said their sales increased in 2019, according to U.S. convenience store owners surveyed by NACS, the trade association that represents the convenience and fuel retailing industry. Three in four retailers (74%) said…

Gas Stations Rush to Upgrade to Chip Technology

The industry faces an October deadline for EMV compliance at the pump By NACS Online // January 08, 2020 NORTH LITTLE ROCK, Ark.—Starting in October, fuel pumps must be equipped to handle chip card transactions or retailers risk liability for any counterfeit fraud that might occur at that station, Bloomberg/Detroit News reports. Gas stations had asked that…

Don’t Miss OSHA’s Submission Deadline

2019 OSHA 300A logs must be posted by February 1, 2020 2019 OSHA 300A logs must be electronically submitted by March 2, 2020 Between February 1st and April 30th, 2020, all employers covered by the recordkeeping regulation must post a hard copy of their 2019 OSHA 300A Summary in a common area of their workplace that…

Court OKs Class Action Settlement

The $5.54 billion settlement will compensate merchants for excessive interchange fees By NACS Online // December 18, 2019   ALEXANDRIA, Va.—Judge Margo Brodie of the U.S. District Court for the Eastern District of New York on December 13 approved a $5.54 billion settlement in the long-running litigation brought by NACS and other merchants against Visa, MasterCard and…

Study Shows $15 Minimum Wage Hurts Small Business

Higher minimum wages “worsen the financial health of small businesses,” researchers said By NACS Online // December 18, 2019 CAMBRIDGE, Mass.—A study from the National Bureau of Economic Research found that higher minimum wages adversely impacted small businesses, the Wall Street Journal reports. “As the federal minimum wage rose from 1989-2013, small businesses in affected states suffered…