Finance

Aug 24, 2008
Floral retailer FTD announced Monday that its stockholders approved a...
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Aug 24, 2008
While the U.S. retail landscape goes through a period of rationalization,...
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Aug 24, 2008
Shoppers are spending less money online compared to last year, as U.S....
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Aug 24, 2008
On Thursday, Stein Mart reported continued declines in operating...
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Aug 21, 2008
AnnTaylor Stores Corp. reported nearly an 8% decline in second-quarter...
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Aug 21, 2008
Foot Locker Inc. said Thursday that it swung to a second-quarter profit,...
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Aug 21, 2008
Gap Inc. reported a 51% jump in quarterly net income on Thursday, beating...
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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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