The Supreme Court handed a victory to the nation’s brick-and-mortar retailers on Thursday, overturning ruling that e-commerce marketers only had to collect sales tax only in states where they had some sort of physical presence.
The U.S. Supreme Court has handed down its long-awaited decision regarding online sales tax collection — and digital-only retailers are not on the winning side.
The Kroger Co.’s investments to make itself more competitive in the rapidly evolving grocery sector are paying off as the supermarket giant delivered a strong first quarter performance that topped the Street.