Finance

Jan 07, 2009
The sharp decline in non-discretionary spending continues to take a heavy...
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Jan 07, 2009
Aeropostale and The Buckle were among the handful of apparel retailers who...
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Jan 07, 2009
The Home Depot has announced it is ending its multimillion-dollar...
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Jan 07, 2009
Unemployment benefit rolls swelled to a 26-year high in the last week of...
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Jan 07, 2009
Both Kohl's Corp. and J.C. Penney beat analysts’ expectations in December...
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Jan 07, 2009
The falling price of gasoline in December impacted same-store sales for...
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Jan 07, 2009
Macy's Inc. said Thursday it will close 11 underperforming stores in nine...
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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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