Finance

Aug 06, 2014
Lids Sports Group has acquired wholesale team sports company Nashville...
Indianapolis - Lids Sports Group has acquired wholesale team sports...
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Aug 06, 2014
Toys “R” Us Inc. has named Chetan Bhandari senior VP, corporate finance...
Wayne, N.J. – Toys “R” Us Inc. has named Chetan Bhandari...
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Aug 06, 2014
Walgreens said it has exercised its option to buy the remaining 55% of...
Deerfield, Ill. — Walgreens on Wednesday said it has exercised its...
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Aug 05, 2014
Vitamin Shoppe Inc. reported net income of $16.9 million in the second...
North Bergen, N.J. – Vitamin Shoppe Inc. reported net income of $16....
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Aug 05, 2014
Shopper traffic declined 6% in July 2014 compared to the same month in...
San Francisco – Shopper traffic declined 6% in July 2014 compared to...
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Aug 05, 2014
Smartphone-generated revenue by consumers to retailer smartphone-optimized...
Pittsburgh -- Smartphone-generated revenue by consumers to retailer...
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Aug 05, 2014
Office Depot has raised its full-year adjusted operating income forecast...
Boca Raton, Fla. – Office Depot has raised its full-year adjusted...
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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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