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Fuel Supply, Pricing, Marketing, Technology News & Information
August 2017 Issue

Profit Centers

Cumberland Farms Announces $75 Million in Customer Savings with SmartPay Check-Link

Cumberland Farms, a leading gasoline and convenience retailer, announced that its customers have saved a total of $75 million through its SmartPay program since its launch in January 2013. Available as both a payment card and a mobile payment app, the program is free to join and free to use. SmartPay Check-Link users automatically...

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NACS: Strong Convenience Store Sales Fuel Retailer Optimism

June 29, 2017 • App Homepage, Profit CentersComments Off on NACS: Strong Convenience Store Sales Fuel Retailer Optimism

Convenience store sales grew during the first half of 2017, and retailers are even more optimistic about sales for the second half of the year, according to the results of the latest quarterly survey of convenience retailers released today by the National...

NCR Celebrates the 50th Anniversary of the ATM

June 28, 2017 • App Homepage, Profit CentersComments Off on NCR Celebrates the 50th Anniversary of the ATM

The ATM is regarded as a convenience that, before its England debut in 1967, would have been considered inconceivable to the common consumer.   Five decades later, the ATM of the connected economy has mobile-like interactions, embedded video capabilities...

NACS Becomes First Retail Association to Make a Commitment with Partnership for a Healthier America

May 12, 2017 • App Homepage, Profit CentersComments Off on NACS Becomes First Retail Association to Make a Commitment with Partnership for a Healthier America

The National Association of Convenience Stores (NACS), the association representing the nation’s 154,000-plus convenience stores, announced a new commitment with the Partnership for a Healthier America (PHA), becoming the first retail-association partner....

NRF Radio Ads Call on Congress to Preserve $40 Billion Debit Card Reform Law

May 12, 2017 • App Homepage, Business Management, Profit CentersComments Off on NRF Radio Ads Call on Congress to Preserve $40 Billion Debit Card Reform Law

The National Retail Federation (NRF) has announced the launch of an advertising campaign calling on the House to reject efforts to repeal debit card swipe fee reform that has saved retailers and their customers more than $40 billion and brought badly...

Sales Surge Expected to Continue in Q2 2017 for Convenience Stores

April 3, 2017 • App Homepage, Business Management, Profit CentersComments Off on Sales Surge Expected to Continue in Q2 2017 for Convenience Stores

A combination of low gas prices, strong consumer confidence and warmer weather is expected to continue the year’s already strong sales at convenience stores into the second quarter of 2017, according to the results of a survey of convenience store owners...

Merchants Welcome Supreme Court Ruling on Settlement That Would Have “Cemented” High Credit Card Swipe Fees

March 27, 2017 • App Homepage, Business Management, Profit CentersComments Off on Merchants Welcome Supreme Court Ruling on Settlement That Would Have “Cemented” High Credit Card Swipe Fees

The National Retail Federation (NRF) welcomed the refusal by the U.S. Supreme Court to reinstate a class action lawsuit settlement that would have blocked merchants from challenging Visa and MasterCard price-fixing of credit card swipe fees that...

St. Patrick’s Day Spending to Reach $5.3 Billion, Highest in Survey History

March 8, 2017 • App Homepage, Profit CentersComments Off on St. Patrick’s Day Spending to Reach $5.3 Billion, Highest in Survey History

Americans will spend more than ever as they put on their favorite green outfits to celebrate St. Patrick’s Day this year. According to the National Retail Federation’s (NRF’s) annual survey conducted by Prosper Insights & Analytics, spending for...

UPDATED: Retailers Say Puzder Would Put Businesses and Workers Ahead of “Partisan Politics”

February 15, 2017 • App Homepage, Business Management, Profit CentersComments Off on UPDATED: Retailers Say Puzder Would Put Businesses and Workers Ahead of “Partisan Politics”

Editor’s Note: It has been announced that Andrew Puzder is expected to withdraw his nomination. According to Fox News, this is related to “growing pushback from Senate Republicans and others over his business background and personal life.”...

NACS: Consumer Optimism Remains Strong as Gas Prices Fall

February 15, 2017 • Business Management, Profit CentersComments Off on NACS: Consumer Optimism Remains Strong as Gas Prices Fall

A majority of Americans (57%) are optimistic about the economy as gas prices fell by 5 cents per gallon over the past month, according to the latest National Association of Convenience Stores (NACS) Consumer Fuels Survey of U.S. adults who purchase fuel for a...