Amid fears of increased crime and drunkenness, city officials look to convince QuikTrip to withdraw its request to sell hard alcohol. City leaders in Des Moines, Iowa are scheduled to meet with QuikTrip Wednesday to request that the c-store chain refrains from selling hard alcohol at its Ingersoll Avenue store, for which QuikTrip has submitted…
Lawsuit Aims To Protect Promotion and Sale of Legal Tobacco Products
Trade associations and seven tobacco manufacturers team to fight tobacco ordinances. On Tuesday, Feb. 14, the National Association of Tobacco Outlets Inc. (NATO), the Cigar Association of America Inc. (CAA), along with Lorillard Tobacco Co., R.J. Reynolds Tobacco Co., American Snuff Company, Philip Morris USA Inc., U.S. Smokeless Tobacco Manufacturing Co. LLC, U.S. Smokeless Tobacco…
A Third Investor Sues Casey’s
Casey’s General Stores Inc. now faces three lawsuits from investors, who demand the chain stop its defensive tactics and negotiate the hostile bid by Alimentation Couche-Tard Inc, The National Post reported. The most recent suit, came last week-a class-action petition filed in Iowa, by the Kentucky State District Council of Carpenters Pension Trust Fund. It…
Casey’s Files Lawsuit
Casey’s General Stores Inc. on Friday, June 11, filed a complaint in the U.S. District Court for the Southern District of Iowa against Alimentation Couche-Tard Inc., alleging that Couche-Tard violated federal securities laws in connection with its unsolicited tender offer to purchase all of Casey’s outstanding shares for $36.00 per share in cash. As announced…
Fighting Credit Card Costs
Is there relief ahead for exorbitant credit card fees? The answer is yes. But first, there’s a fight to be fought. According to NACS in Alexandria, Va., credit card payments have grown from 21% of transactions in 1995 to 49% today, with the trend expected to grow to more than 50% by next year. The…