Finance

Jun 19, 2008
The former CEO of Sears Holdings Corp. will become the new CEO of the...
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Jun 19, 2008
Mothers Work announced that it has prepaid $8 million of its senior...
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Jun 19, 2008
A saleswoman at Saks Fifth Avenue’s flagship store in Manhattan is accused...
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Jun 18, 2008
As part of its organizational restructuring process, The Talbots, Inc....
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Jun 18, 2008
Circuit City Stores Inc. said Thursday its loss widened in the first...
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Jun 18, 2008
Kroger Co. has agreed to pay $16 million to settle a race-discrimination...
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Jun 18, 2008
Retail sales surprisingly soared in Britain during May, revealing the...
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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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