7-Eleven Franchisee Coalition Takes Stock


After wrapping up its 37th annual convention and trade show, the National Coalition of Associations of 7-Eleven Franchisees (NCASEF) outlined its recent successes and future challenges.

In 2012, NCASEF joined in supporting the class-action lawsuit by NACS and other groups against the Federal Reserve for ignoring the Dodd-Frank Wall Street Reform & Consumer Protection Act (HR 4173), which restrains the interchange fees banks are allowed to charge retailers.

The NACS board in mid-July rejected a settlement proposed by large banks and credit-card companies, because transparency on interchange fees would not have been achieved. The coalition supports NACS’ efforts, and it “like[s] retailers’ chances in this lawsuit.” More.

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