Pain at the Pump

Efforts to do right by the environment are putting some retailers out of business.

By
Linda Abu-Shalback Zid, Senior Editor

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Looking out for the environment certainly seems like a nice enough undertaking. But the timing of the deadlines for meeting costly state-mandated environmental standards couldn’t be worse.

Already contending with national concerns about economic pressures on sales, credit-card interchange fees, lower gas margins, the inability to obtain credit and the costs of complying with payment-card industry data-security standards, many retailers are succumbing to additional state-level pressure—and closing their fuel pumps for good.

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