Convenience Store News

NOV 2016

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CSNEWS .COM 12 Convenience Store News | NOVEMBER 2016 | WWW.CSNEWS.COM 1 | Seven & i Reveals Details of Planned 7-Eleven Growth Boom 7-Eleven Inc. parent, Seven & i Holdings Co., plans to expand its North American convenience store holdings dramatically via acquisitions. The Tokyo-based company aims to have 10,000 c-stores in North America by its 2019 fiscal year vs. the 8,900 stores it had as of June 30. 2 | Former Pilot Flying J Execs Want to Move Trial Former Pilot Flying J executives are seeking a change of venue for their upcoming trial on charges related to allegations of fraud in the company's fuel rebate program. In a filing, attorneys for former president Mark Hazelwood; former vice presidents Scott Wombold and John Freeman; and other ex-employees asked a federal judge for permission to file a lengthy request to change the location of the trial, now slated to be held in Pilot Flying J's hometown of Knoxville, Tenn. 3) House Votes to Delay Federal Overtime Rule In a late-night vote on Sept. 28, the U.S. House of Representatives passed legislation to delay implementation of the new federal overtime rule by six months. The measure, known as the Regulatory Relief for Small Businesses, Schools and Nonprofits Act, directs the U.S. Department of Labor to push the implementation date back from Dec. 1 to June 1, 2017. 4 | 7-Eleven Unplugs Belly's iPad Loyalty Program Two years after initiating their relationship, 7-Eleven Inc. and Belly are dropping their loyalty program partnership. Irving, Texas-based 7-Eleven will likely shift its focus to its 7Rewards program. 5 | Buc-ee's Halts Plans to Move Into Louisiana Buc-ee's first foray outside of its home state of Texas will have to wait now that the retailer is pulling back on plans to open a location in Louisiana. In March, Buc-ee's revealed plans to open a 60,000-square-foot retail store with more than 90 fueling stations at the Greens at Millerville, a 56-acre development in Baton Rouge. The company has since can- celed those plans because it was unable to secure additional real estate in Louisiana. ONLINE EXCLUSIVE PRODUCT HIGHLIGHT The most viewed New Product online. TOP 5 Daily News Headlines The most viewed articles online. How to Get Guest Wi-Fi Right As convenience stores increasingly evolve into destination spots, guest Wi-Fi not only helps differentiate the in-store experience and attract new customers, but it also provides new opportunities for customer engagement and employee training. Given the devastating impact of recent security breaches on major brands, though, store operators are wise to carefully consider the security requirements for guest Wi-Fi. The free service can be a dream for hackers if not handled correctly. Rapid Onsite Solution Rapid Onsite by Rapid RMS is an iPad point-of-sale (POS) system integrated with a fuel pump con- troller that allows convenience store operators to automate inven- tory management, track customer loyalty, create purchase orders, and more. The solution also enables retailers to update fuel pricing from anywhere using Rapid Back-Office, while allowing cashiers to accept fuel requests and activate prepays. Rapid Onsite updates automatically, requires minimal maintenance, and pro- vides chip card compliance both in-store and at the pump. Retailers who make the switch will save an estimated 80 percent on their average cost for maintenance and repairs, according to the company. The system is available for $50 per month, and customers will save more than 40 percent on initial hardware costs, the supplier additionally noted. Rapid RMS Chattanooga, Tenn. (888) 727-4302 [email protected] For more exclusive stories, visit the Special Features section of In an op-ed piece for CSNews Online , Bill Douglass of Douglass Distributing shares his perspective on the Renewable Fuels Standard's negative impact on small fuel retailers. Currently, refiners and importers are obligated to demonstrate compliance with the program. Because these companies aren't necessarily blenders, they need to buy RINs to comply. The blending is often done by Big Oil companies, as well as by large retail convenience store chains who've realized they can get in on the action. These retailers have no obligation under the program, so instead of having to turn in their RINs to show the government how they're complying, they are free to sell them to refiners and importers unable to hit their constantly increasing targets. "That's where guys like me lose out," Douglass writes. "If you're an independent retailer, and not part of a big retail convenience store chain with the resources to blend fuels at these big terminals, you gain nothing from the RIN market. Yet my retail competitors who are part of those big chains now benefit from their parent company's RIN-generated windfall: added revenue that can be used to undercut small competitors; open up more locations; you name it." To read Douglass' full commentary, visit the Special Features section of COMMENTARY: Small Retailers Penalized by Renewable Fuels Mess

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