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.
Home Franchise Site 7-Eleven Franchisee Coalition Takes Stock