Finance

Dec 09, 2008
With retail stock prices near record lows, it’s likely that more companies...
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Dec 09, 2008
Neiman Marcus reported a lower quarterly profit Wednesday, blaming a...
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Dec 09, 2008
To free up capital and more successfully manage the chain as it operates...
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Dec 09, 2008
With an eye on customer service, more retailers plan to be more lenient...
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Dec 08, 2008
Making good on its expansion promise, Aldi announced Monday that it will...
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Dec 08, 2008
EZ Lube is the latest retailer to fall victim to the economic downturn....
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Dec 08, 2008
Kroger Co. reported Tuesday that its third-quarter profit fell 6%, mainly...
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Financially Speaking

The Impact of Online Sales Tax

By Jonathan Barsade, founder and CEO, Exactor
For more than a decade, federal and state lawmakers have attempted to craft legislation to regulate the collection of sales tax on Internet purchases. The Marketplace Fairness Act of 2013 passed the Senate in May with bipartisan support.
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Deals/M&A

Global Payments acquires PayPros
Global Payments Inc. will acquire Payment Processing, Inc. (PayPros). PayPros, based in California, is a provider of fully-integrated payment solutions for 58,000 small-to-medium sized retailers in the U.S.
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Newsmakers

eBay reports strong Q4 quarter; Carl Icahn looks to spin off PayPal
eBay posted a profit of $850 million, compared with earnings of $751 million a year ago, for its fourth quarter, ended Dec. 31, 2013, while revenues rose 13% to $4.5 billion, fueled by strong mobile results.
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