Finance

May 26, 2008
Abercrombie & Fitch announced on Tuesday that the company has embarked...
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May 26, 2008
Borders Group is jumping back into online retailing with a Web site after...
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May 26, 2008
The Cato Corp. will add 40 new Cato stores and 30 new It's Fashion units...
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May 26, 2008
The Gap Inc. announced Tuesday it would integrate its four Web sites—Gap,...
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May 26, 2008
Macy’s announced the rollout of its consumer-electronics kiosk units to...
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May 26, 2008
A judge has denied a mistrial for two former CVS executives, the company...
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May 26, 2008
Sears Holdings said Tuesday it plans to launch in its Sears stores an...
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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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