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Gas Retailers Feel Pain at the Pump From Credit Card Fees

Posted by on Apr 27, 2012 in Blog | Comments Off on Gas Retailers Feel Pain at the Pump From Credit Card Fees WASHINGTON, D.C. — While it is easy to believe that gas retailers are making a profit every time the price at the pump ticks up a few cents, the reality is operators lose money, according to the Merchants Payments Coalition (MPC). The Oil Price Information Service recently reported gas stations took in 13 cents a gallon in gross profit — before taxes, payroll and other overhead...
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NACS Webinar Prepares C-store Owners for New ADA Regulations

Posted by on Mar 2, 2012 in Blog | Comments Off on NACS Webinar Prepares C-store Owners for New ADA Regulations ALEXANDRIA, Va. — The calendar is counting down to the date when updated Americans with Disabilities Act (ADA) regulations go into effect. On March 15, convenience store owners will face more than 450 changes in the law, according to today’s NACS webinar, “Preparing for the New ADA Regulations,” presented by Brad Gaskins and Larry McIntosh of the McIntosh Group LLC. The...
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Judge Blocks Graphic Cigarette Warning Labels

Posted by on Mar 1, 2012 in Blog | Comments Off on Judge Blocks Graphic Cigarette Warning Labels Rules that federal mandate violates free speech rights WASHINGTON — A judge has blocked a federal requirement that would have forced U.S. tobacco companies to put large graphic images on their cigarette packages later this year to show the dangers of smoking and encouraging smokers to quit lighting up, reported the Associated Press. U.S. District Judge Richard Leon in Washington ruled that...
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WPMA Convention: Las Vegas!

Posted by on Feb 29, 2012 in Blog | Comments Off on WPMA Convention: Las Vegas! Some of our Gas Men attended the Western Petroleum Marketers Association (WPMA) convention in Las Vegas the week before last! Above are the high quality iPhone shots that the team brought back to Orange County....
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An Explanation of Sale-Leasebacks

Posted by on Feb 10, 2012 in Blog | Comments Off on An Explanation of Sale-Leasebacks By Robert E. Bainbridge Since 2006, a growing number of convenience retailers have adopted a strategy of leasing new stores rather than owning, according to industry figures. This trend peaked in 2008 with 72 percent of all new stores being leased, often through sale-leasebacks. An explanation of sale-leaseback transactions is provided below by industry experts John C. Flippen Jr. and John...
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