Amazon to Acquire Whole Foods for $13.7 Billion

The online retailer announced the acquisition on June 16th, which analysts predict will increase its competition with Walmart   By NACS Online   Online retailer Amazon.com has announced it will acquire the Whole Foods supermarket chain for $13.7 billion, the New York Times reports. The deal pushes the competition between Amazon and Walmart to new…

Global Alcohol Consumption Declining

IWSR data finds that global alcohol consumption is declining faster for beer than wine and spirits   NACS Online The latest International Wine and Spirits Record (IWSR) data suggests that the consumption of alcoholic drinks is declining at an increasingly faster rate than has been previously reported. For 2016, the IWSR reports that the global…

House Leadership Decides to Protect Debit Reform

Plans to remove debit repeal from the Choice Act were announced   By NACS Online Politico is reporting that House Republicans are removing the repeal of debit swipe fee reform from H.R. 10, the Financial CHOICE Act, after facing significant pressure from members in the Republican conference. The repeal effort is the most controversial piece…

USDA Announces Snap Final Rule Delay

The Food & Nutrition Service hits the drawing board to redefine “variety” to work for small retailers   NACS Online On May 18th, the U.S. Department of Agriculture’s Food & Nutrition Service (FNS), which oversees the Supplemental Nutrition Assistance Program (SNAP), formally posted an announcement on its website that “passage of the Consolidated Appropriations Act…

Calorie Count Delay Praised by Retailers

Convenience stores will use the delay to work with the FDA for the ability to post calories in a centralized location NACS Online The Associated Press reports that calorie counts will continue being posted on some restaurant and foodservice operation menus and menu boards, even with a delay in the Food and Drug Administration’s menu-labeling…

Pepsico Invests in Healthier Foods and Beverages

Company is advancing its goals to transform its product portfolio and offer healthier options through an agreement with Partnership for a Healthier America NACS Online PepsiCo Inc. announced last week that it has signed an agreement with Partnership for a Healthier America (PHA) to independently report and verify the company’s progress against previously outlined goals…

Kroger to Open New C-Store Concept

Kroger’s convenience store division launches a new banner, Fresh Eats MKT   By NACS Online The Kroger Co.’s convenience store division has unveiled its newest small format store, Fresh Eats MKT, and will celebrate its grand opening on Friday, May 19th. “Fresh Eats MKT is a fresh, new way to shop,” said Jeff Parker, president…