PYMNTS

SEPTEMBER 12, 2019

Data shows that stores are closing or filing for bankruptcy this year at a faster pace than in 2018. And additional retail bankruptcy filings are expected in the second half of the year, while brick-and-mortar stores will continue to close at a higher rate, according to a report by professional services firm BDO USA LLP.

Retail 137

Retail Charlotte New York Taxes 137

PYMNTS

FEBRUARY 19, 2019

Digital disbursements are appearing in unexpected markets , such as sports betting platforms and boatsharing sites. Data: 700 million: The number of active annual Alipay users exceeded this figure in 2018. taxpayers who received federal tax refunds via direct deposit as of May 2018. million: The number of U.S.

Data 109

Data Marketing Taxes Video 109

PYMNTS

OCTOBER 28, 2019

The 2018 South Dakota v. An additional 12 states have added or amended marketplace facilitator laws, and even more states are slated to implement remote seller tax laws in the next few years. . New remote seller laws hinder sales tax avoidance, and states are using the Wayfair ruling to apply additional tax forms to these sellers.

South Dakota 105

South Dakota Taxes Retail Arizona 105

PYMNTS

OCTOBER 3, 2019

sales tax obligations via the company’s sales tax application programming interface (API). Wayfair last year, many online retailers now have to collect sales tax in additional states. ” “ Quill creates rather than resolves market distortions,” Justice Anthony Kennedy wrote in the majority decision. .”

South Dakota 164

South Dakota North Dakota Taxes Retail 164

PYMNTS

AUGUST 13, 2018

With tax reform and other positive economic inputs, the National Retail Federation said that sales are expected to grow more than previously predicted. Retail sales are expected to rise by at least 4.5 percent over 2017, compared to the 3.8

Taxes 100

Taxes Retail Policies National 100

PYMNTS

AUGUST 28, 2018

As of early 2018, U.S. Crediting lower taxes, thanks to the end of the year tax reform bill passed by Congress, regional bank executives saw a sudden and notable pick up in both commercial loan demand and a big jump in spending on credit and debit cards. BB&T is expecting to see loan growth between 2 to 4 percent in 2018.

Lending 100

Lending Taxes Rhode Island Regional 100

PYMNTS

FEBRUARY 6, 2019

The National Retail Federation (NRF) predicts that retail sales this year will increase between 3.8 More people are working, they’re making more money, their taxes are lower and their confidence remains high. Preliminary estimates show that last year’s retail sales grew 4.6 percent and 4.4 percent to $3.68

Retail 116

Retail Taxes National Marketing 116

PYMNTS

JUNE 20, 2019

No, that doesn’t mean that PYMNTS takes sides in the struggle for retail supremacy, but only that we like to note when someone or some organization mounts a challenge to the eCommerce and logistical behemoth. High-End Retail. The battle for Amazon retail supremacy also involves pets. Retail Challenge.

Retail 125

Retail Innovation Online Taxes 125

Abrigo

SEPTEMBER 12, 2019

The Federal Trade Commission’s latest round of warning letters to companies selling products containing cannabidiol (CBD) is a reminder to financial institutions to tread carefully as they look into the possibility of providing banking services to cannabis-related retailers and other cannabis-related businesses (CRBs).

Retail 150

Retail Policies Regulation Compliance 150

PYMNTS

FEBRUARY 20, 2019

Worldwide legal cannabis products represented a $55 billion market in 2018, and most analysts estimate that it will have nearly tripled to reach $147 billion by 2025. the domestic market for legal cannabis in 2018 was $9.1 Here in the U.S., By 2025, estimates put it in the $15 billion range.

Retail 136

Retail District of Columbia San Francisco Denver 136

PYMNTS

APRIL 16, 2018

retail sales bounced back a bit in March, according to figures just released by the Commerce Department, The Wall Street Journal reported. A bit of a commerce chill settled on consumer-spending patterns in the later days of 2017 and early 2018, but it seems customers have found their appetites again for cars, appliances and furniture.

Retail 110

Retail Taxes National Trends 110

PYMNTS

FEBRUARY 13, 2019

In addition, taxes generated by the industry grew by nearly 8 percent last year. And the state’s marijuana taxes, including licenses and fees from dispensaries, were more than $266.5 million in 2018 — up nearly 8 percent from $247 million in 2017. million in 2018 — up nearly 8 percent from $247 million in 2017.

Industry 155

Industry Colorado Taxes California 155

PYMNTS

DECEMBER 26, 2018

A good education on this online retail trend — an education backed by original data — comes from Azita Habibi, business development lead at Braintree , a payments services firm owned by PayPal. Simply put, said Frieden, the car now “becomes an extension of the consumer’s home” across retail, fuel and convenience stores.

blockchain 157

blockchain Payments Online Innovation 157

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132

Online Taxes Compliance Missouri 132

PYMNTS

DECEMBER 10, 2018

While entrepreneurs continue to reflect record-level optimism, their top concerns are increasingly including the tight labor market and the importance of retaining staff in such a climate. “And that’s the way the market economy works, for better or worse.” How did small businesses fare in job growth last month?

Marketing 148

Marketing Data Survey America 148

PYMNTS

JANUARY 10, 2020

percent, and wages in the private sector went up almost 3 percent from a year before, which is the smallest gain since July 2018. With all the bright spots, wage growth “remains the one aspect of the job market that hasn’t fully recovered during the decade since the Great Recession ,” he said. Last year, employers added 2.11

Taxes 130

Taxes Retail Trends Industry 130

Gonzobanker

FEBRUARY 7, 2018

Nothing seems to put a bounce in a banker’s step more than a tax break and regulatory relief, and this bountiful energy was radiating at Bank Director’s annual “mecca” for bank M&A in Phoenix last week – Acquire or be Acquired. Prosperity is now $22 billion with an unbelievable $5 billion market cap.

Taxes 75

Taxes Video Analytics Arkansas 75

PYMNTS

NOVEMBER 8, 2018

It’s the big stage for retailers, the holiday shopping season – when all the consumer world is watching (and, merchants and payments providers hope, buying more than they did last year). That’s not to suck any cheerful anticipation out of the 2018 holiday shopping season, during which U.S. percent year-over-year increase, to $124.1

Retail 129

Retail social media Online Taxes 129

PYMNTS

SEPTEMBER 30, 2019

The filing will allow the retailer to continue operating while it attempts to reorganize the business and return to profitability. The used-fashion market in the U.S. is expected to reach $64 billion by 2028, according to the retail analytics firm GlobalData , CNBC reported. as well as almost all locations in Europe and Asia.

Retail 148

Retail Taxes Analytics America 148

PYMNTS

SEPTEMBER 5, 2019

Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their greatest single stream of revenue since the mid-1900s. .

South Dakota 116

South Dakota Taxes Policies North Dakota 116

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. By offering the incentive, they hope to cut down on black market deals and fraud, according to The Financial Times.

Cards 188

Cards Payments Taxes Study 188

PYMNTS

JUNE 14, 2018

Sizzle of the Week: Retail’s 2018 Rebound. Retail has had a rough couple of years, as most players that aren’t Amazon have struggled to cross the digital, omnichannel chasm. On the whole, with some notable exceptions, retail has landed on our Fizzle list more often than the Sizzle list in recent memory.

Retail 108

Retail Bitcoin Course America 108

PYMNTS

OCTOBER 23, 2019

The trend promises to heat up even more in the 2020s, and in a new PYMNTS interview, Butch Langlois, president, North America, for cloud-based retail management software seller Vend , provided an in-depth tour of those changes and a glimpse of what’s to come. The average American ate out 185 times in 2018 — dropping from 216 times in 2000.

Retail 101

Retail System Mobile Innovation 101

PYMNTS

JANUARY 16, 2020

billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue , earning it a listing on the New York Stock Exchange (NYSE), the companies announced Thursday (Jan. Global Blue runs airport kiosks and storefronts that enable shoppers to get sales tax refunds when they return home.

Taxes 130

Taxes New York Virginia Leadership 130

PYMNTS

JULY 15, 2020

Its virtual mall solution is called LazMall , which was launched in August 2018. It predicts at least one and possibly more real estate investment trusts (REITs) will need to file for bankruptcy as retailers struggle to pay rent and consumers stay away either by choice or due to new lockdown mandates.

Groups 153

Groups Branding Retail Taxes 153

PYMNTS

DECEMBER 26, 2018

Alipay, the digital payments service, is already supported by some retailers in the country. but both sides had to give up on it in early 2018 because the deal didn’t get approval from the Committee on Foreign Investment in the U.S. That compares with a pre-tax profit of 5.3 payments company WorldFirst.

Taxes 124

Taxes Texas Payments Report 124

PYMNTS

JULY 6, 2020

The death knell for malls tolled loudly in the media during the Fourth of July weekend as retailers continue to assess their long-term prognosis from the pandemic damage. But the focus of developing the mall has fallen to housing as anchor tenants, not retail. Stores will still take up 90,000 square feet of Avalon.

Community 132

Community Retail Seattle New York 132

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. The market map below categorizes the Fintech 250 companies based on core area of focus.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

JANUARY 21, 2019

With simple packaging that is nondescript by design and an ethos that values simplicity and quality above all, Brandless has made quite a name for itself in the short time it has been on the market since it was founded in 2012. And then building direct relationships with the community we serve,” she told Retail Dive.

Branding 152

Branding Taxes Retail Marketing 152

PYMNTS

JUNE 7, 2019

While digital fund disbursements clearly can affect insurance claims, government tax returns and gig economy workers’ paychecks, it’s reimbursements that play a major role for the retail industry. According to CBRE, in 2018 online returns were forecast to reach $37 billion in value during the gift-giving season.

Online 178

Online Retail Study Video 178

Jeff For Banks

APRIL 22, 2018

Now, if Mother Nature would cooperate… Volatility The markets have been incredibly volatile in the first quarter of 2018. The spike in volatility was a wake-up call to every investor and market participant that thought “vols” would stay historically low forever. Welcome to 2018! This may be the understatement of the year!

Marketing 60

Marketing Philadelphia social media Taxes 60

PYMNTS

SEPTEMBER 6, 2019

Trade wars or not, cross-border commerce is among the hottest and most important trends in payments and retail, and that was underscored this week by China-based Alibaba’s announcement that it will buy NetEase ’s cross-border retail platform Kaola for $2 billion. percent share of the market, while Kaola had about 24.5

Online 131

Online Retail Operations Report 131

PYMNTS

FEBRUARY 21, 2018

That was on top of news that Walmart’s increased profit-margin pressure was pushing an annual revenue estimate for 2018 that missed investor expectations. That mild miss, Walmart noted, came as the firm pulled forward some investments for tax purposes. Same-store sales, physical retail’s most-watched metric, grew 2.6

Online 100

Online Taxes Branding Retail 100

Jeff For Banks

APRIL 27, 2019

Never Satisfied The markets never seem to be satisfied. The Federal Reserve recently took heed of market and economic messages, ending its tightening campaign and beginning its “patience” campaign. The markets hardly seemed satisfied with these two moves as they began building in rate cuts. The impact of the tax cuts has faded.

Marketing 60

Marketing Community Taxes Community Bank 60

PYMNTS

DECEMBER 28, 2018

Avoka CMO Don Bergal told PYMNTS what global markets can expect in 2019 in terms of bank KYC happenings. The Big KYC Trend From 2018. “ In 2019, banks will begin to shift the focus of their digital transformation strategy from purely focusing on retail banking to business banking. See what Bergal had to say below.

Compliance 186

Compliance Regulation blockchain Taxes 186

PYMNTS

SEPTEMBER 3, 2019

million pre-tax loss for the first half of this year. After acquiring the pan-Asian restaurant Wagamama , earnings took a dive, in part due to a £102 million impairment charge for its leisure businesses, located in cinemas, retail parks and shopping centers.

Groups 109

Groups Taxes Branding Study 109

CB Insights

FEBRUARY 13, 2020

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Market opportunity. Stripe is ramping up its private market investments. Expansion into emerging markets. Stripe’s market opportunity.

Online 98

Online Company Retail Payments 98