U.S. consumers remain the globe’s top snackers By NACS Online // January 24, 2019 With the popularity of clean labels, consumers are looking for the presence or absence of certain ingredients when they choose something to nosh, reports Mintel, the consumer research organization. According to a story at Bakeryandsnacks.com, ingredients are changing in snacking worldwide, with…
Established and startup companies are working on ways to streamline shopping By NACS Online // January 23, 2019 Twelve months ago, Amazon opened its first Amazon Go cashierless convenience store. Today, startups and established companies are working on ways to replicate that success and streamline shopping, Bloomberg reports. From startups like Mighty AI to retail giants like…
By Ronald G. Acho // Cummings, McClorey, Davis & Acho, PLC Janelle and Doug Duncan owned a real estate agency in the Florida. The married couple borrowed $36,762 from ABC Merchant Solutions. In addition to other paperwork required for the loan, they were required to sign a ‘confession of judgment.’ The Duncans set up automatic…
By Tara Nurin // Forbes Weighing in on an issue that weighs heavily on alcoholic beverage suppliers, the Distilled Spirits Council released new research that shows the sale of legalized marijuana does not impact alcohol purchases, at least in the three states that have allowed recreational pot smoking the longest. In announcing its findings Thursday, the council,…
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…
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…
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…
By The Shelby Report // December 20, 2018 At the direction of President Trump, the USDA has proposed anew ruleintended to “move more able-bodied recipients of Supplemental Nutrition Assistance Program (SNAP) benefits to self-sufficiency through the dignity of work.” According to the USDA, the rule is meant to restore the system to what it…
By: Randall A. Denha, Esq. For 2019, the annual exclusion gift amount will remain the same as 2018’s at $15,000, but the lifetime gift and estate tax exemption will increase to $11,400,000 (up from 2018’s $11,180,000, which doubled under the Tax Cuts and Jobs Act). With only a few more days left in the year,…
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…