ALEXANDRIA, Va.—The convenience and fuel retail industry has a rich history of successful innovations, but for all those that worked, there were many ideas that flopped. “You’ve got to get enough [ideas] in the top of the funnel in order to have some ones pop off the bottom,” sai...
WASHINGTON—NACS filed comments yesterday calling on the Federal Reserve Board to swiftly finalize its proposed clarification that would preserve a retailer’s routing choice on debit transactions. In May, the board issued its proposed clarification to Regulation II, which enforces...
SINGAPORE—Starting Sept. 15, Amazon Singapore will put a 0.5% surcharge on all customer orders paid via Visa as a way to offset credit card swipe fees, Geek Culture reports. The retailer cited Visa’s “high cost of payments” as the impetus behind the fee. It appears to be the firs...
CHICAGO—Once viewed as a luxury, grocery delivery has become a mainstream service offering, fueled by the coronavirus pandemic, NBC News reports. “Most grocers didn’t view delivery that seriously pre-pandemic,” said James Cook, director of retail research with Jones Lang LaSalle....
LONDON—The pandemic significantly impacted the grocery channel, particularly in the U.K., including the food-to-go segment, which fell 46% in 2020, according to the Lumina Intelligence UK Food To Go Market Report 2021, The Grocer reports. While grab-and-go sales are expected to r...
FORT WORTH, Texas—In late July, Yesway hosted the grand opening celebration of its newest Allsup’s Market, located in Slaton, Texas. This is the third Allsup’s Market concept store the company has opened since acquiring the Allsup’s convenience store chain in 2019. The Slaton loc...
OKLAHOMA CITY—Love’s Travel Stops has opened a tire retread plant and distribution center in El Reno, Okla. The 220,000-square-foot facility doubles the size of the one it replaces in Grand Prairie, Texas, allowing Love’s Truck Care and Speedco to increase capacity and better ser...
ALEXANDRIA, Va.—Mastercard said yesterday that it will abandon magnetic stripes on its credit and debit cards beginning in 2024 in most markets, a move that will directly impact convenience and fuel retailers who haven’t yet upgraded their fuel pumps to accept chip card payments ...
BROOKLYN PARK, Minn.—Later this month, Taco Bell said it will break ground in Brooklyn Park, Minnesota, on its newest drive-thru concept, Taco Bell Defy, which is billed as the fastest way ever to get Taco Bell. The 3,000-square-foot, two-story model will feature first-of-its-kin...
ATLANTA—Shell’s Fuel Rewards program has been named the top loyalty program in the gas and convenience category in the 2021 Loyalty Report by Bond Brand Loyalty. The report assesses more than 450 loyalty programs in more than 15 industry sectors by more than 25,000 North American...
NACS serves the global convenience and fuel retailing industry by providing industry knowledge, connections and issues leadership to ensure the competitive viability of its members’ businesses.