The National Association of Convenience Stores (NACS), on behalf of the more than 151,000 convenience stores nationwide, applauds President Obama’s announcement this morning of the new BuySecure Initiative instituting the use of both microchip and PIN technology in government-issued credit and debit cards and joining with leading private players to advance the use this highly…
DetailsIncreased 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,…
DetailsProgram 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…
DetailsBy 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…
DetailsDrinks 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…
DetailsPRESIDENT’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…
DetailsAcross 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…
Details$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%…
DetailsMIRA 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…
DetailsLawsuit 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…
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