Molson Coors Completes Acquisition of MillerCoors and Global Miller Brand Portfolio, Becomes World’s Third Largest Brewery

By Brewbound Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) (“Molson Coors” or “the Company”) announced the successful completion of its previously announced acquisition of SABMiller plc’s (LSE: SAB; JSE: SAB) (“SABMiller”) 58% stake in MillerCoors LLC (“MillerCoors”), the joint venture formed in the United States and Puerto Rico by both companies in 2008. As…

One Year Later: Chip Without PIN

Since the October 2015 liability shift, EMV remains frustrating for retailers and confusing for consumers—not a good proposition leading up to the next liability shift in October 2017 NACS Online One year after the October 2015 liability shift took effect for retailers to accept Europay MasterCard Visa (EMV) chip cards inside the store, thousands of…

EMV Chip Card Reader Lawsuit Moves Forward

San Francisco federal judge allows a class-action lawsuit brought by retailers over new chip card readers to proceed against credit card companies Bloomberg News reports that Visa, MasterCard and American Express lost an early round of a lawsuit alleging that the card companies colluded to stick fraudulent transactions on merchants who did not meet the…

Food Retailers help feed Michigan’s Economy as Governor Snyder Declares Food Retailers Week

West Bloomfield, MI (September 21, 2016) — Did you know that the Food industry directly supports 198,000 full and part-time jobs along with an additional 75,000 indirect jobs?  The food industry also contributes a gross total of $24.8 billion to Michigan’s economy through its direct sales, indirect economic impact on other industries and employment.  These…

The Next Wave of EMV

Convenience and fuel retailers prepare for EMV implementation at the pump and ATM By NACS Online With the October 1, 2017, EMV liability shift looming for automate fuel dispensers, many U.S. convenience store operators are preparing for the switch—to the tune of $6 billion. Upgrading fuel dispenser point-of-sale technology comes with a price tag as…

2016 Independent Grocers Financial Survey: Same-Store Sales Increase 2.1%

By Kristen Cloud // National Grocers Association FMS and the National Grocers Association (NGA) have released the results of the 2016 Independent Grocers Financial Survey, covering fiscal year 2015. This joint study polled independent supermarket operators in 38 states and four Canadian provinces on their financial performance and business strategies, and provides an in-depth look at the economic, political…