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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing.

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Elavon’s Sage Pay Acquisition, Google’s Citi Deal, Facebook Pay Top This Week’s News

PYMNTS

South Dakota Decision. Lawyer George Isaacson argued Wayfair’s side in the historic 2018 South Dakota v. Online platforms have to ensure that product listings on their sites are properly verified, as the fallout from failing to do so even once can have devastating effects. Wayfair case.

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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

E-commerce sales growth is pulling ahead of total retail sales ( 17% vs. 6% for year-over-year in Q4’17), and Amazon is controlling upwards of 40% of online sales in the US, according to the US Department of Commerce and Slice Intelligence, respectively. ” — Alistair Davidson, CFO, Ikea. Its membership fee revenue grew 12.6%

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