April 17, 2015
By Chuck Ralls, Petroleum Services Group
I’m sure many of you are still recovering from the PCI upgrades that were mandated a few years back. The cost of upgrading your POS, pinpads and dispensers to accept encrypted debit hurt many of the single store operators. Some were even forced to close their stores as they were unable to comply with the required changes. More change is coming and it has not been widely publicized. Unless you have attended a major oil meeting or possibly been to a trade show you may not be aware of the coming EMV requirements. If you are asking yourself what is EMV, it stands for Europay, MasterCard, and Visa. This is the standard that has been established for the operation of integrated circuit cards also known as chip cards. The purpose of this standard is to help reduce the cost of fraud in order to better protect both the buyer and retailer. The integrated chip makes it more difficult for counterfeit cards to be made. With traditional cards, the mag strip on the back can easily be stolen with a card skimmer and then duplicated onto one or more cards. Unlike the mag strip cards, the EMV card will create a unique transaction code each time the card is used.
April 13, 2015
Courtesy of CSP Daily News
WASHINGTON—The U.S. Environmental Protection Agency (EPA) has accepted a settlement with the American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) by agreeing to a Nov. 30, 2015, deadline for setting requirements under the Renewable Fuel Standard (RFS). The tentative consent decree comes after API and AFPM filed a lawsuit in March over the EPA’s failure to meet congressionally mandated RFS deadlines.
April 8, 2015
Courtesy of CSP
RaceTrac’s 6K design takes a holistic path to innovation and fun
By Allison Moran, CEO, RaceTrac
At RaceTrac, our people are our competitive advantage, and it is our people who continually inspire innovation across our organization.
When we decided to drastically modify the layout of our existing 5,000-square-foot stores, we felt it was a great opportunity to create a new, distinctive design that took a holistic approach to the store from the perspective of our store team members and our guests. The result was our RT6K model: a 6,000-square-foot, state-of-the-art store that reflects our brand personality both inside and out.
We have more than 90 6K stores in operation, with our next 6K opening on West Sandlake Road in Orlando, Fla. The store will showcase RaceTrac’s legacy of innovation, with features such as Swirl World, our proprietary frozen-yogurt offering; an expanded coffee bar; and fresh food options including sandwiches, wraps, salads and whole fruits.
Kangaroo Express Starts Countdown to 2015 Roo Cup
... win a Black Roo Cup. The Black Roo Cup is offered in select markets, which can be found at www.kangarooexpress.com/RooCupFinder. A division of Alimentation Couche-Tard Inc., Kangaroo Express has more than 1,500 convenience stores in 13 states.
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Police calls down after Mesa convenience-store crackdown
Calls for service at the city's most troubled convenience stores have decreased by about 34 percent, the data shows, and by 90 percent during the high-crime hours of 2 to 6 a.m. Related arrests have gone up by 33 percent. "When you see calls…
Supermarkets hit by convenience store opening curb turn to pubs
Convenience stores have helped the supermarkets to boost sales while their larger sites lose customers as fewer households do a regular weekly shop. But with high-street space becoming more sought-after, supermarkets have turned to former pubs, ...
GPM Petroleum Files for $100M IPO
According to the filing, GPM Investments has 502 convenience stores that sell motor fuel, merchandise, food, beverages and other products and services to retail customers in the Mid-Atlantic, Southeastern, Midwestern and Northeastern United States, ...
New MLP to Emerge Through GPM IPOCSPnet.com
Fas Mart gas supplier…
'Banner Year' for Beverages in C-Stores?
NEW YORK—Following on 6.5% sales growth in 2014, packaged beverages momentums continued through the first quarter of 2015, according to Wells Fargo Securities' latest Beverage Buzz survey of convenience-store retailers. "Non-alcoholic beverage ...
Wells Fargo C-Store Survey: 2015 to be â€œA Banner Yearâ€ for BeveragesBevNET.com
Deputies: Man robbed two Orangeburg area convenience stores
An armed man is believed to be behind at least two convenience store robberies on Saturday, according to the Orangeburg County Sheriff's Office. Investigators say the man robbed the Spinx store on St. Matthews Road and the First Stop store in Vance a ...