Fair Food Network’s Double Up Food Bucks Model Expands Across U.S. Double Up programs in 9 states receive USDA funding to improve healthy food access, support farmers For Immediate Release—June 8, 2016 ANN ARBOR, MI—Fair Food Network announced today that partners working in nine states received more than $7 million in federal funding to launch…
Chairman Jeb Hensarling proposed a repeal of debit swipe fee reform as part of his Wall Street reform package NACS Online Recently, House Financial Services Committee Chairman Jeb Hensarling (R-TX) revealed a plan to overhaul significant parts of Dodd-Frank financial regulations, the New York Times reports. Hensarling is expected to formally introduce his Wall Street…
Nearly 90% of the respondents to a Wells Fargo Securities LLC survey of tobacco retailer and wholesale trade contacts, representing more than 10,000 U.S. convenience stores, say the recent major tobacco price increases have generated incremental per-pack revenue which, given the mid-June timing, should provide a small pricing benefit in the second quarter with a…
On Friday, July 13, parties in the Payment Card Interchange Fee and Merchant Discount Fee Litigation case filed a proposed settlement agreement valued at approximately $7.25 billion. The proposed settlement agreement includes $6.05 billion in damages in addition to an estimated $1.2 billion from a temporary, eight month, 10 basis point cut in credit card…
Cigarette makers, including Altria Group Inc.’s Philip Morris USA unit, lost a bid to end court monitoring of the industry’s marketing practices stemming from the government’s 13-year-old racketeering lawsuit, reported Bloomberg. An U.S. Appeals Court in Washington upheld a lower court decision that oversight of the companies resulting from the federal government lawsuit is necessary…
Earlier this month, the Food and Drug Law Institute published a paper by FMI’s regulatory counsel Erik Lieberman on menu labeling and how FDA exceeded its authority by regulating supermarkets. The paper is published in the peer-reviewed FDLI Policy Forum series. The paper will be an effective resource to share with policymakers to highlight FMI’s…
New federal menu labeling regulations that pose an unreasonable burden on many businesses, particularly convenience stores, could be replaced with more targeted rules under legislation introduced last week by U.S. Representative John Carter (R-Texas). Carter was joined by Rep. Henry Cuellar (D-Texas) and Rep. Ruben Hinojosa (D-Texas) as he introduced the Common Sense Nutrition Disclosure…
The Merchants Payments Coalition, a group of retailers, supermarkets, drug stores, convenience stores, fuel stations, online merchants, and other businesses, released a statement criticizing the U.S. Federal Reserve for “making merchants pay for fraud prevention even if banks don’t prevent fraud.” Although the Fed found that merchants bear 41% of signature debit fraud losses and…
The National Grocers Association (NGA) and the Food Marketing Institute (FMI) have joined several other associations and supply-chain companies in opposing new restrictions on truck drivers set to take effect next year. The Federal Motor Carrier Safety Administration issued a new rule last year that reduces the number of hours a truck driver can work…
An attempt to rein in unemployment took form in the U.S. House of Representatives last week with passage of a bill designed to keep the government from adding more red tape to an already struggling economy. H.R. 4078, the Red Tape Reduction and Small Business Job Creation Act, is the latest in a series of…