As the U.S. Supreme Court evaluates whether online retailers should collect sales taxes, industry groups continue to urge the court to overturn the tax break adopted in the pre-Internet era.
As members of True Value consider an offer to sell 70% equity of the company to Acon Investments, Chicago-based True Value Company has added a week to the voting deadline.
The news that President Trump instructed the United States Trade Representative to consider an additional $100 billion in tariffs on Chinese imports is raising alarm among retailers.
Automatic thermostats, cash registers and centrifugal clothes driers. These are among the products imported from China on the U.S. Trade Representatives’ tariff list.
The nation’s retail associations are not happy with the Trump Administration’s announcement of additional tariffs on appliances and other consumer electronics imported from China.