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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

The current quarter included a 10-cent per share income tax expense. . Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. .

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Walmart, Home Depot And Macy’s Beat Q2 Earnings Expectations

PYMNTS

percent — the same growth rate logged by online and mail-order retail sales. Tax cuts and higher savings are also playing a role in the rise in retail sales. The economy appears to be very well-positioned to continue to grow,” said Jim Baird, chief investment officer at Plante Moran Financial Advisors in Kalamazoo, Michigan.

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What Do Hillbillies Have To Do With Payments Innovation?

PYMNTS

While Hillary Clinton won the popular vote by a margin of 3 million, it was the collective votes of the roughly 110,000 people in the working class counties in Pennsylvania, Michigan and Wisconsin who turned those blue states, red — and put President Donald J. In 2015, 50 percent of the tax filers in the U.S. WHAT’S AN ELEGY, ANYWAY?

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How The Rise Of Private Labels Is Transforming The CPG Industry

CB Insights

Its acquisitions of smaller grocers like Roundy’s (2015) and Harris Teeter (2014) have bolstered Kroger’s supply chain further by integrating their warehouses and distribution centers into the company’s larger operations. This data underpins other improvements to Kroger’s operations. This helps them increase their margins.