New Jersey Operations Retail Taxes 
PYMNTS
DECEMBER 15, 2020
Also, the Mersho Brothers, who operate Shoe Palace, have been issued equity in Genesis so that they will have 20 percent ownership of the enlarged group in the U.S. The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag. 31, 2019, according to the announcement.
PYMNTS
MARCH 22, 2020
With the closure of nearly all casinos nationwide, the online gambling trade group iDevelopment & Economic Association (iDEA) is asking states to free up restrictions so casinos can replace some revenue lost from shutting doors — and help refill state tax coffers, The Wall Street Journal reported.
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PYMNTS
MAY 6, 2020
The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. There is one sticking point online casinos need to fix, however, and that is the speed at which consumers receive their winnings.
PYMNTS
MAY 8, 2020
consumers more frugal, but other individuals are still turning to retail therapy to cope with stresses. The importance of fast, secure disbursements might hold a different weight now that players are betting online more often and more readily looking for the speeds they experience with typical retail transactions.
PYMNTS
JUNE 22, 2020
On the optimistic side Elliot Nassim , president of Mason Asset Management, which co-owns the University Mall in Carbondale, Illinois, says: “We have always felt that the retail industry is evolving, despite what doomsday headlines would have you believe. There are about 1,000 malls — both privately and publicly held — operating in the U.S.
PYMNTS
APRIL 5, 2018
retailers (or any foreign players) to establish a strong presence in the Chinese market. For China, the tax hikes target everything from soybeans to aircrafts. retail brand flavor with design elements such as reclaimed wood walls, vintage furniture and inlaid gold accents against the company’s signature green coloring.
PYMNTS
JANUARY 12, 2018
But the membership-only retailer said it had closed the stores following a “review,” according to news from Reuters. After a thorough review of our existing portfolio, we’ve decided to close a series of clubs and better align our locations with our strategy,” the retailer wrote in a tweet. Walmart’s shares rose 0.5
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