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 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

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

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

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

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

PYMNTS

JANUARY 8, 2018

The sell-side firm upgraded its rating on the company last week, stating that the stock should be a relative outperformer through the remainder of 2018. Domino’s, he said, continues to “work with markets both big and small on the opportunities adopting our platform could present in the future.”.

Retail 100

Retail Michigan Conference Taxes 100

PYMNTS

NOVEMBER 10, 2017

About 75 percent of firms plan to offer same-day ACH credit origination to their business customers by the end of 2018. Attending to the unattended retail space: USA Technologies buys Cantaloupe Systems , boosting cloud and mobile functionality for vending. No respondents have seen a boost in fraud.

Retail 100

Retail New Jersey Taxes Virginia 100

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.

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

APRIL 12, 2019

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. The move comes as cities and states are passing bans on cashless retail establishments, on the argument that such retail discriminates against unbanked consumers.

Taxes 100

Taxes Retail Columbus Operations 100

PYMNTS

JANUARY 27, 2020

In fact, interest in such games “has soared in the past year, with some companies aggressively targeting collectors from more established markets,” according to the report. But there is always some kind of market for collectibles, and not just video games from a generation ago. Take the general toy market.

Video 226

Video Trends New York Report 226

PYMNTS

SEPTEMBER 3, 2019

Three stores were shuttered in 2018 as profits dipped due to issues with the input tax credit. billion people is the remaining global opportunity for smartphone makers amid a surge in the country’s online retail market. Financial details of the deal were not disclosed. The total cash consideration will amount to €3.6

Taxes 108

Taxes Industry Branding Groups 108

PYMNTS

FEBRUARY 3, 2020

There was lots to watch in the world of payments and commerce last week, with red flags flown in physical retail, international commerce and crypto. Physical Retail Stumbles Into 2020 . The year got off to something of a rocky start for physical retailers, as the recent spike in store closures carried on and even picked up strength.

Bitcoin 132

Bitcoin Data Retail Charlotte 132

PYMNTS

MARCH 1, 2018

The company said new tax legislation boosted its profits by $136 million. Kohl’s is also committed to rethinking how it uses physical spaces, right-sizing its retail footprint and considering how to rent portions of its stores to grocery and convenience stores, among other options.

Retail 102

Retail Taxes Management Mobile 102