C-Store Retailers Say Sales Increased in 2018

In-store sales were led by strong foodservice growth; retailers optimistic about 2019 business prospects. By NACS Online Both fuels gallons and in-store sales increased in 2018, according to U.S. convenience store owners surveyed by NACS, the trade association that represents the convenience retailing industry. Overall, 84% of retailers say that in-store sales increased in 2018…

Government Shutdown

Most signs indicate that the partial government shutdown will continue into 2019 and into the 116th Congress. Both the House and Senate have canceled votes for the remainder of the week, which means the spending negotiations will take on a new dynamic when Nancy Pelosi takes the helm with the new Democratic majority in the House…

SNAP Benefits Will Continue

The USDA said the federal government shutdown will not impact a retailer’s ability to accept food stamp benefits By NACS Online // January 02, 2019 With the federal government shutdown continuing, the U.S. Department of Agriculture’s (USDA) Food and Nutrition Service (FNS) informed retailers that Supplemental Nutrition Assistance Program (SNAP) benefits are not affected for…

Texas Judge Strikes Down ACA (For Now)

Judge rules that individual mandate tax penalty is “no longer fairly readable as an exercise of Congress’s tax power” By NACS Online // December 18, 2018   On December 14th, 2018, a Texas federal judge struck down the entire Affordable Care Act (ACA). The case, brought by a group of Republican governors and state attorneys…

Altria Makes $12.8 Billion Investment in Juul

The service agreements will accelerate Juul’s success in switching adult smokers, while Juul will remain fully independent   On December 20, 2018, Altria Group Inc. announced a $12.8 billion investment in Juul Labs Inc. The service agreements will accelerate Juul’s mission to switch adult smokers to e-vapor products. Altria’s investment represents a 35% economic interest…