The JPMorgan Chase Institute has issued a new report that reveals consumers’ financial response to a year of lower gas prices. With U.S. gas prices down 25 percent year over year in 2015, middle income households spent $477 less at the pump. For every dollar saved from lower gas prices, households decreased their spending on […]
Category: C-Store News
Posted in, C-Store News, Food Service News, Grocery Industry, Home Page Latest News, National
Convenience Store Sales Remain Strong For First Half Of 2016
Convenience store sales surged over the first half of the year as lower gas prices fueled more driving and Americans embraced the continued addition of fresh and healthy food options, according to a NACS survey. More than two in three convenience retailers (70 percent) say that in-store sales in the first half of 2016 were […]
Posted in, C-Store News, Corporate Store News, Deli News, Grocery Industry, Home Page Latest News, Independent Store News, National, Online Grocery Technology
NACS, NGA Respond To U.S. Court Rejecting Visa, MasterCard Settlement
On June 30, the Second Circuit Court of Appeals overturned the class-action settlement in the case In Re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. That case led to a proposed settlement valued at $7.25 billion in 2012. This ruling called the settlement “unreasonable and inadequate.” NACS led efforts to oppose the $7.25 […]
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7-Eleven Names Winner Of Second Operation: Take Command Franchise Contest
7-Eleven Inc. has named U.S. Marine Corps veteran Jean Cetoute of Richlands, North Carolina, as the 2016 winner of a 7-Eleven convenience store in its second “Operation: Take Command” franchise competition. As the winner, Cetoute will receive a waiver of the franchise fee, valued at up to $190,000, to franchise any 7-Eleven store available in […]
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Casey’s Fiscal Year Ends Strong As Company Looks To Expand East And South
On June 6, Casey’s General Stores Inc. reported diluted earnings per share of $1.19 for the fourth quarter of fiscal year ended April 30 vs. $1.05 for the same period a year ago. For the year, diluted earnings per share grew 24 percent to $5.73 vs. $4.62 for the same period last year. “Fiscal 2016 […]
Posted in, Beverage News, C-Store News, Center Store, Home Page Latest News, National, New Products, Suppliers
McLane Co. Joins Partnership For A Healthier America
McLane Co. Inc. has signed on as a partner of the Partnership for a Healthier America (PHA), an organization that works to make healthy choices easier for families. As part of McLane’s commitment, it will enhance its healthier-for-you offerings and support PHA’s goal of solving the childhood obesity crisis within a generation. Temple, Texas-based McLane […]
Posted in, C-Store News, Equipment & Technology, Grocery Industry, Grocery Store Equipment, Home Page Latest News, National, Online Grocery Technology
NACS, Pinnacle Launch First Skimming Defense App
Fuel dispenser security is of great concern for the convenience store industry. Approximately 39 million Americans fill up their gas tanks every day, and fuel dispensers have become one of many targets for thieves looking to steal credit and debit card information by “skimming,” an aggressive tactic used to illegally obtain consumer card data for […]
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Krispy Kreme Signs Distributor To Serve C-Stores Nationally
Krispy Kreme Doughnuts Inc. has entered a partnership with TSW Foods LLC to bring Krispy Kreme brand packaged goods like snack bags, honey buns and single-serve pies to convenience stores across the U.S. The products will join Krispy Kreme Doughnuts’ other primarily yeast sweet treats already available via direct store delivery in more than 5,000 […]