Increased repair and fuel options, healthy food offerings are seen as differentiators As independent fuel retailers wrestle with fuel prices that offer only pennies on the dollar in profit, station owners are trying to boost the bottom line with specialty products in their attached convenience stores and at the pump — and by offering service,…
Program will provide small merchants with $100 to upgrade terminals, starting in February American Express is boosting efforts to combat fraud with a new $10 million program aimed at driving U.S. small-merchant adoption of more secure EMV check-out terminals. The program was announced by the president recently, as part of a larger press conference on…
By Caroline Sargent // TR Business Heineken says it is responding to consumer demand, identified through its own insight program, for more flavor varieties and low alcohol options in beers and ciders by introducing Amstel 0.0% and an extended Strongbow portfolio to the market. The company’s research highlighted that beer drinkers want the choice of…
Drinks Group Swaps Whiskey for Tequila By Peter Evans // Wall Street Journal Diageo PLC has decided to swap whiskey for tequila.The British drinks giant said Monday it has entered into an agreement with Jose Cuervo, owned by the Beckmann family of Mexico, to take full control of tequila brand Don Julio. In return, Diageo…
PRESIDENT’S MESSAGE // NOVEMBER 2014 BOTTOM LINE What are you thankful for this Thanksgiving? We all have so much to be thankful for and so much we take for granted in the daily rat race. Take some time every day and slow things down and think about all the blessings you have. This time of…
Across the Bay, similar measure fails in San Francisco In November, Berkeley, California, became the first U.S. city to pass a measure taxing soft drinks and other beverages with added sugar. The measure will impose a one-cent-per-ounce tax on non-diet sodas, energy drinks, iced teas and juices with added sugar. The measure, which needed a…
$42 billion of “shrink” in the United States represents 1.48% of salesShrink, comprised of shoplifting, employee or supplier fraud and administrative errors, cost the global retail industry more than $128 billion last year, $42 billion in the United States alone, according to the latest Global Retail Theft Barometer study. On average, this loss represents 1.29%…
MIRA is supporting the Fair Food Network (FFN) to conduct a very short survey (6 questions) about the Double Up Food Bucks (DUFB) program, a statewide program to help SNAP/EBT/Bridge Card customers buy more Michigan-grown produce. If you complete the survey, you will be placed into a drawing for an iPad Mini 2! Please click here…
Lawsuit alleges Visa has undertaken a series of illegal actions that undermine competitionDiscover Financial Services Inc. announced last week that it is suing Visa Inc., alleging that the card company has been using antitrust practices in its debit card business, reports the Chicago Tribune. Discover, through its Pulse Network LLC unit, alleges that “in order…
Retailers have one more thing to worry about during the year-end sales push Come January 1, any business that takes credit cards must adhere to the policies and procedures set forth in the third version of the Payment Card Industry Data Security Standard. Even small companies that rely on third-party payment processors to store and…
