Finance

Nov 13, 2008
Although retail sales are expected to be weak this upcoming holiday season...
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Nov 13, 2008
J.C. Penney Inc. on Friday said quarterly profit fell nearly 53%, and said...
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Nov 13, 2008
Urban apparel retailer Jimmy Jazz is opening three new locations in North...
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Nov 13, 2008
Retail sales plummeted the largest amount on record in October amid the...
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Nov 13, 2008
OfficeMax Inc. plans to cut 245 jobs from its North American operations as...
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Nov 13, 2008
Online consumers intend to shop more through the Web this holiday season...
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Nov 13, 2008
Tesco plans to scale back on the roll out of its U.S.-based Fresh &...
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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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