Finance

Aug 13, 2014
GNC Holdings, Inc.’s board of directors has authorized a multi-year...
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Aug 13, 2014
Although Macy’s Inc. reported a 4% increase in net income to $292 million...
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Aug 13, 2014
Net income dropped 14.5% at FTD Inc. to $4.7 million in the second quarter...
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Aug 13, 2014
Canadian grocery retailer Metro Inc. reported medium results for its third...
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Aug 12, 2014
U.S. shopping trends showed some improvement in July 2014, although not...
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Aug 12, 2014
More than half of back-to-school shoppers will not purchase computers this...
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Aug 12, 2014
Retail spending growth was at an 11-month high in July as summer vacation...
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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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