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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. 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. in 2017 had a 52.75

Retail 109
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Here’s How The Opioid Crisis Is Losing Retailers $9B A Year

PYMNTS

Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. Smith used drugs for the past decade before starting her recovery journey at Gateway Community Services in Jacksonville, Florida. “As

Retail 105
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Opportunity Knocks With Door-To-Door Resurgence

PYMNTS

Looks like retail sales are back on the street. With direct marketing hit by robocall abuse and the National Do Not Call Registry , direct-to-consumer (D2C) brands and other not-so-usual suspects are looking into and in some cases reinstating door-to-door sales. It’s a niche market, but $28.7 The DSA is putting its money on the line.

Taxes 141
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How Clandestina (Literally) Snuck Into The US Market

PYMNTS

There are many, many retailers and brands trying to outfit the world, and standing out in the crowd is difficult. And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S.

Marketing 198
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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

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
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A Small Business Roadmap for Reopening

PopularBank

In the National Federation of Independent Businesses (NFIB) Research Center’s survey of small businesses, which took an early snapshot of the economic fallout from the coronavirus through the month of March: . National Retail Federation (NRF) outlines practical tools and guidance for retailers reopening their business. . .

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GonzoBanker Awards 2017

Gonzobanker

Strangest Sale of the Year – Was the first-failed and then convoluted spin-off and sale of BankMobile by Customers Bancorp to Flagship Community in Florida. Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore. Millionaire – Chris Stapleton.