Finance

Jun 01, 2008
Wet Seal Inc. said its first-quarter profit jumped 18% as sales at newer...
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May 31, 2008
Mobile-commerce enabler Firethorn Holdings, a subsidiary of Qualcomm, said...
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May 31, 2008
Dillard's said Thursday it lost $149 million in its fourth quarter as its...
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May 31, 2008
Family Dollar Stores said Wednesday that it entered an accelerated share-...
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May 31, 2008
Grocer Lowes Foods said Tuesday it will launch a new loyalty program on...
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May 31, 2008
Retail industry sales for July (which exclude automobiles, gas stations,...
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May 31, 2008
The book-price war among Amazon, Wal-Mart and Target has prompted 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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