ALEXANDRIA, Va.—Rite Aid announced it will close 145 “unprofitable stores,” so it can “significantly reduce costs,” reports Forbes. Rite Aid says the closures will help it be more competitive. The 145 stores includes 63 stores the company announced in December that it would close...
ALEXANDRIA, Va.—There could be an electric vehicle battery shortage worse than the current computer chip shortage, says RJ Scaringe, Rivian Automotive’s CEO, reports the Wall Street Journal. EV batteries are made from cobalt, lithium and nickel. Each mineral plays an important ro...
SAN FRANCISCO & ROCHESTER, N.Y.—Wegmans customers can now pay with Electronic Benefits Transfer (EBT) and Supplemental Nutrition Assistance Program (SNAP) payments via Instacart at 106 stores in Maryland, Massachusetts, New York, New Jersey, North Carolina, Pennsylvania and Virgi...
ALEXANDRIA, Va.—Now, more than ever, customers expect brands to deliver personalized experiences that are effortless, high value and consistent between on-premise and off-premise channels. To fulfill these growing expectations, brands must create a highly strategic customer loyal...
YORK, Pa.—Rutter’s announced it will continue its annual Vote With Your Dollars charitable program this year, according to a news release. The voting begins April 1 and runs through October 31. This year, 16 local charities will be participating in the competition. A total of $75...
WASHINGTON—A bipartisan coalition from the U.S. House of Representatives sent a letter to the Federal Trade Commission (FTC) requesting the agency investigate, and where appropriate, bring enforcement actions against economic discriminatory action that violates antitrust laws, in...
By Pat Pape Every day, Americans down about 656 million cups of coffee, reports to the National Coffee Association, and historically, convenience stores have helped meet that need. But when COVID-19 began spreading in March 2020, many consumers chose to brew their own java, incre...
ALEXANDRIA, Va.—Foxtrot, an upscale convenience store chain, is expanding its footprint in the Washington, D.C., region, reports Supermarket News. The c-store plans to open four locations by the end of this year, which would bring its store count to eight in the region. Foxtrot’s...
ALEXANDRIA, Va.—Soda and beer companies are transitioning away from the ubiquitous plastic rings to more sustainable solutions to keeping their products together, reports the New York Times. This month, Coors Light announced that it would eliminate its use of plastic rings from p...
ALEXANDRIA, Va.—Inflation hit a new 40-year high in February, reports the Wall Street Journal. The U.S. Commerce Department’s personal-consumption-expenditures price index was up 6.4% in February compared with February 2021, a faster gain then the 6% increase for the year that en...
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.
