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Supply, Marketing, Distribution, Transportation & Logistics News & Information
April 2017 Issue

Retail Operations

Americans Say Low Gas Prices Are Good for the Economy

Americans overwhelmingly say that low gas prices are good for the economy and that gas prices would have to increase by more than $1 per gallon before they cut back on driving, according to results of the NACS Consumer Fuels Survey.   Overall, 84% of consumers say that low gas prices are good for the ...

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PMAA: Congress Would Prefer to Avoid Fight Over Swipe Fees

April 5, 2017 • App Homepage, Business Management, Retail OperationsComments Off on PMAA: Congress Would Prefer to Avoid Fight Over Swipe Fees

Although Republicans are eager to repeal Dodd-Frank, the financial legislation mega-package that was passed in 2010, many would prefer to avoid touching the Durbin Amendment, which lowered debit card interchange fees. Why? As a financial regulation analyst...

Convenience Stores Hit Record In-Store Sales in 2016

April 5, 2017 • App Homepage, Retail OperationsComments Off on Convenience Stores Hit Record In-Store Sales in 2016

U.S. convenience stores experienced record in-store sales of $233.0 billion in 2016—and the third straight year of $10-billion-plus in pretax profits—according to the newly released NACS State of the Industry Data, the convenience and fuel retailing...

Weekly Energy Market Situation, April 3, 2017

April 3, 2017 • App Homepage, Business Management, Fuel Price News, Fuels & Supply, Lower Left, Powerhouse, Retail Operations, Wholesale OperationsComments Off on Weekly Energy Market Situation, April 3, 2017

U.S. Crude Oil Production Frustrates OPEC Plans Bulls look toward $70 objective U.S. production continues to climb Permian Basin itself could reach 5.5 million barrels daily by 2020 Growth in Permian natural gas output is entirely associated with crude...

Sales Surge Expected to Continue in Q2 2017 for Convenience Stores

April 3, 2017 • App Homepage, Retail OperationsComments 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...

NRF Calls Acosta Approval a Step Toward Restoring “Fairness and Balance” at DOL

March 30, 2017 • App Homepage, Business Management, Retail OperationsComments Off on NRF Calls Acosta Approval a Step Toward Restoring “Fairness and Balance” at DOL

The National Retail Federation (NRF) welcomed today’s committee approval of Alexander Acosta as Secretary of Labor and said quick confirmation by the full Senate would help bring back balance at an agency where “ideological whims” have blocked job...

NRF Welcomes Supreme Court Free Speech Ruling on Credit Card Swipe Fees

March 30, 2017 • App Homepage, Business Management, Retail OperationsComments Off on NRF Welcomes Supreme Court Free Speech Ruling on Credit Card Swipe Fees

The National Retail Federation (NRF) welcomed a U.S. Supreme Court ruling that First Amendment free speech rights should be considered when determining how merchants show consumers credit card swipe fees that drive up the price of merchandise by billions of...

PDI Releases New Payroll Processing Software

March 29, 2017 • App Homepage, Business Management News, Retail Operations, Wholesale OperationsComments Off on PDI Releases New Payroll Processing Software

PDI, a leading provider of enterprise-class software solutions to the convenience retail and wholesale petroleum industries, announced the general release of PDI/Payroll. The payroll processing software is the latest addition to PDI’s labor management...

Changes Under Way at Fuel Marketer News

March 29, 2017 • App Homepage, Business Management, Fuels & Supply, Retail Operations, Wholesale OperationsComments Off on Changes Under Way at Fuel Marketer News

The mission of Fuel Marketer News (FMN) is to provide the marketer/distributor with a range of useful information focused mainly, but not exclusively, on the incredibly important fuel products that our industry distributes. One specific component of the...

Americans Increasingly Choose Fueling Locations Based on Quality of Food

March 29, 2017 • App Homepage, Retail OperationsComments Off on Americans Increasingly Choose Fueling Locations Based on Quality of Food

Americans are increasingly seeking out fueling locations based on the quality of the food associated with the gas station, according to new national survey results released by the National Association of Convenience Stores (NACS). The association represents...