How Does The Secure Act Impact Your Estate Plan

Randall A. Denha, J.D., LL.M. // Denha & Associates, PLLC President Trump signed the SECURE Act last December as part of the government’s spending bill and it will inevitably affect most retirement plan and IRA participants, for better or worse. The SECURE legislation — which stands for “Setting Every Community Up for Retirement Enhancement” — puts…

Grocery Store Trends for 2020

More convenient options, plant-based foods and pickup options will come this year By NACS Online // January 06, 2020 ALEXANDRIA, Va.—A new year means new changes to the food retail industry, including both grocery and convenience store. Here are some of the next trends coming to grocery stores in 2020 as predicted by an article on…

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…

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…

Don’t Expect Another EMV Extension

Visa, Mastercard reject delay request; Conexxus webinars to help fuel retailers ready upgrades. By NACS Online // December 04, 2019 ALEXANDRIA, Va.—For fuel retailers, the deadline for readying automated fuel dispensers (AFDs) to be EMV-payment compliant is less than a year away, and Conexxus research shows that many businesses lag behind in making the move. Although the…