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Swipe fees ‘unacceptably high,’ retailer says

MISSISSAUGA, Ontario -- Walmart Canada is dropping Visa as an accepted payment method, it said. Following an evaluation of credit-card transaction fees, the retailer said it has concluded that the interchange or swipe fees applied to Visa credit-card purchases remain “unacceptably high.” In a...

Cumberland Farms CEO discusses strategy shift following sale of Gulf Oil

FRAMINGHAM, Mass. -- Cumberland Farms CEO Ari Haseotes said he is returning his company to its roots following the recent sale of Gulf Oil , which enabled Cumberland Farms to get out of the wholesale business and focus exclusively on retail. That strategy brings Cumberland Farms more in line with...

Ramping up 2017 rollout in Jacksonville area

JACKSONVILLE, Fla. -- Wawa Inc. intends to roll out as many as five convenience stores in northern Florida by the end of 2017 and at least 30 locations—possibly as many as 40—after that, reported the Daily Record . Wawa opened its first Florida store in July 2012 near SeaWorld and now has 92...

Suppliers to endorse top managers across eight vital c-store categories
Despite shake-up in Japan, Seven & i forecasts growth for U.S. chain
Will let the ‘big operators get bigger,' says company’s president.
NATO fights back against bill that would affect 11,540 convenience stores
Distribution center a springboard for store growth in new markets
Seven & i coy about larger Corner Store deal; analysts weigh in
Startup expanding to as many as 18 cities, and it’s aggressively targeting convenience

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