Finance

May 13, 2008
Macy's Inc. reported a $59 million first-quarter loss Wednesday because of...
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May 13, 2008
Maryland tax authorities and Nordstrom Inc. are headed to state tax court...
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May 13, 2008
ShopperTrak RCT Corp.’s National Retail Sales Estimate reported that April...
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May 13, 2008
J. Sainsbury unveiled plans to launch a nonfood online business next year...
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May 12, 2008
Barneys New York announced Tuesday the resignation of Howard Socol, 62, as...
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May 12, 2008
Kroger Co. said Tuesday that its in-store pharmacies will expand their...
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May 12, 2008
Retail sales are still sluggish, however, chains saw their biggest month-...
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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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