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The Strange Spending Trends Around Sales Tax Holidays

PYMNTS

According to the National Retail Federation , as of last year parents entered August with about 45 percent of their back-to-school shopping done. Retailers have reason to want to tap into it because back-to-school shopping is an incredibly valuable run of commerce activity. How Tax Holidays Work. That spend is big spend.

Taxes 101
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Retail Chains Find New Ways To Fight

PYMNTS

It’s a good time to be a retail chain. Retail Ascent. Retail is on the ascent. In July, retail sales increased 0.5 Economists had only forecasted retail sales going up 0.1 percent, online and mail-order retail sales increased 0.8 Retailer Woes. Not every retailer is experiencing good times, of course.

Retail 100
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Staples To Debut New Store Format With Coworking, Podcasting

PYMNTS

Retail, said per the announcement, “We recognize that the way people shop is changing, and with the launch of Staples Connect, we are adapting to fit the needs of our customers.” The store also houses the Staples Studio coworking concept that the retailer has been launching in some Massachusetts locations, as well as three Canadian locations.

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Uber Adds Pre-Tax Commuter Benefits Option

PYMNTS

This week’s announcement is an expansion of the program, which is now available in New York City, Boston, Chicago, Washington, D.C., Riders need to first decide how much pre-tax income they’d like to contribute to the account, with the maximum being $255 for the 2017 year.

Taxes 100
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Site Visits Fuel Anticipation For Amazon’s HQ2

PYMNTS

According to a person with a understanding of the visits, the eCommerce retailer visited Chicago, New York City and Chicago, The Wall Street Journal reported. That could enable the retailer to keep its choice unknown ahead of an announced decision.

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CRE risk management: Navigating hazards and opportunities

Abrigo

“The point is this: There’s a lot of these surveys, and when you read them, they are New York City, San Francisco, Chicago. Retail and multi-family CRE opportunities Similarly, retail CRE has been painted as too risky because of online sellers’ growth. They’re not your hometown. The impact is not consistent.”

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Grocery Tracker: Food Markets’ Lag In Online Presence

PYMNTS

Grocery retailer Winn-Dixie opened a second location of its next-gen, upscale store concept in Tampa, Florida, in the beginning of November. Elsewhere, a new tax is set to be levied on sugary beverages sold in restaurants and supermarkets in five more U.S. Chicago residents will also see a one-cent-per-ounce tax.

Online 100