By Brad Tuttle // Money America first? That hasn’t been the case lately when it comes to booze. The surging strength of the U.S. dollar means that wholesale importers have been paying cheaper prices for foreign alcoholic beverages making for higher American consumption of alcohol that’s not homegrown. The Wall Street Journal reported recently that alcohol imports in the U.S.…
DetailsOn February 28th the MIRA will be taking part in a lobby day at the Michigan State capitol to educate key decision makers about the petroleum industry. Along with groups representing the drilling, refining, and wholesaling communities, the MIRA will participate on behalf of the retail side of the industry. All segments of the industry…
DetailsOhio Gov. John Kasich unveiled his final two-year budget on Monday, proposing to increase sales and other taxes to leverage a major reduction in personal income taxes. By far the biggest shift would occur in the state sales tax, which would increase by a half a cent to 6.25%, be broadened to include more services…
DetailsBy Randall A. Denha, J.D., LL.M.* Donald Trump is now the President, and both chambers of Congress are under Republican control. As such, we appear to be poised for potentially substantial changes in the estate tax, gift tax, generation-skipping transfer tax, and income tax laws. However, as with all other aspects of political life in…
DetailsJanuary 25, 2017 – Food retail stores are often the anchors of commerce in urban and rural communities across the state. The Midwest Independent Retailers Association (MIRA) commissioned a study by Michigan State University (MSU) Center for Regional Food Systems (CRFS) to better understand the industry’s contribution to the state’s economy. Michigan’s food retail industry…
DetailsSoon, all currently and formerly-authorized Supplemental Nutrition Assistance Program (SNAP), retailers – back to 2005 – will receive an announcement – either by email, text or by phone call – informing them that in 12 calendar days, the United States Department of Agriculture (USDA) will release their yearly retail SNAP sales data. By way of…
DetailsMerger creates a stronger global tobacco and ‘Next Generation Products’ company NACS Online British American Tobacco (BAT) and Reynolds American Inc. have agreed to an offer for BAT to acquire the remaining 57.8% of Reynolds it does not already own. According to a press release, the merger will create a stronger global tobacco and Next…
DetailsBy ANAHAD O’CONNOR // The New York Times What do households on food stamps buy at the grocery store? The answer was largely a mystery until now. The United States Department of Agriculture, which oversees the $74 billion food stamp program called SNAP, has published a detailed report that provides a glimpse into the shopping…
DetailsBy Kathy Hayden // Progressive Grocer Despite a lot of attention from investors and media last year, the longevity potential of meal kit delivery programs is still up in the air. These kits have hit a nerve among busy families searching for a way to put a decent dinner on the table, but the pre-planned,…
DetailsNACS members may access the retailer resource, prepared by association counsel NACS Online On December 15, 2016, the U.S. Department of Agriculture’s (USDA) Food and Nutrition Service (FNS) published its final rule, changing the eligibility requirements for retailers participating in the Supplemental Nutrition Assistance Program (SNAP). The final rule makes some changes that were necessary…
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