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Interstate Connections, Ltd., a retail provider of wireless solutions to the interstate trucking industry has signed an agreement with NetSpend, a provider and marketer of proprietary prepaid cards, to sell the NetSpend All-Access Visa Prepaid Card (All-Access Prepaid Card), issued by MetaBank. Under the agreement, Interstate Connections will immediately begin offering the All-Access Prepaid Card across its network of 100 retail interstate travel centers and truck stops throughout the United States.
Interstate Connections - www.interstate-connections.com
NetSpend – www.netspend.com
Elvis Presley Enterprises and EDP Licensing, Inc. have launched the Elvis Presley Prepaid Visa card. According to Paul Cleveland, EDP’s founder and CEO, “The Elvis card marks a new era for the success and popularity of prepaid cards. The program will launch with one card and then a series of collectible cards will follow.”
EDP Licensing – www.edebitpayllc.com
Elvis Presley Enterprises, Inc. - www.elvis.com
Morgan Beaumont, Inc., a technology solution provider to the Stored Value and Prepaid Card market and owner of the SIRE Network, has appointed Jerry Uffner as Vice President of Sales, with responsibility for all aspects of the strategic planning and implementation of the sales effort, including all sales initiatives, personnel and customer relationships. Prior to joining Morgan Beaumont, Uffner was the Director of Sales -- Prepaid Products Division of RBS Lynk, a prepaid card provider and processor. Uffner has also held sales management positions with First Data and InComm. Uffner will report to Erik Jensen, the Company’s President.
Morgan Beaumont, Inc. – www.morganbeaumont.com
The growth of self-checkout lanes is having a dramatic impact on the sales of impulse items among consumers, according to a new study from IHL Consulting Group. Consumers in the study said that they purchase impulse items such as gum/mints, chocolates and candies, chips or salty snacks, soda/water, and magazines at a frequency 45.4 percent less often when they use self-checkout than when they use a staffed checkout lane. What’s more, the impact is greater for women (-50.0 percent) versus a drop of 27.9 percent for men in the study. IHL
Consulting - www.Ihlservices.com
The growing use of wireless systems in retailing, which began with a strong focus on POS and inventory management, is migrating toward mobile displays that interact directly with consumers. These systems, which integrate a hardware interface device, application software and wireless infrastructure, will play a direct role in the in-store shopping experience of consumers. These systems have the potential to improve store operational performance by influencing the purchasing behavior and buying habits of shoppers.
Source: Applied Data - www.applieddata.org
According to the National Association of Convenience Stores (NACS) latest State of the Industry report, c-store sales climbed 25.5 percent to reach a record $495.3 billion in 2005. Inside the store, revenues grew 14.4 percent to reach $151.1 billion, with merchandise revenues increasing 14.5 percent to hit $133.2 billion and foodservice revenues growing 13.3 percent to reach $17.9 billion. On a per-store basis, combined in-store sales surpassed $1 million per store for the first time in SOI history to hit $1.081 million per store. While revenues increased, so did expenses. Credit card fees continued to burden retailers in 2005, costing the industry $5.4 billion – a staggering 42.1 percent increase over the $3.8 billion in card fees in 2004, according to SOI data.
NACS - www.nacsonline.com
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