PYMNTS

FEBRUARY 23, 2016

For all the johnny-come-latelies who spend the hours before midnight on April 17 scrambling to submit their tax forms, there are millions more Americans who are sitting pretty with their tax refunds already in hand. It’s a peculiar part of tax season. While a National Retail Federation survey found that 65.5

Taxes 100

Taxes Retail Millennials Survey 100

PYMNTS

DECEMBER 4, 2018

France and Germany have come up with a compromise for a European Union (EU)-wide digital tax, abandoning a wide-ranging 3 percent tax on revenues generated by ad sales in the digital economy. However, officials noted that other retailers like Amazon , Airbnb and Spotify would most likely be excluded. billion USD) a year.

Taxes 115

Taxes Google Meeting Groups 115

PYMNTS

SEPTEMBER 30, 2019

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

Retail Taxes Virginia South Dakota 109

PYMNTS

DECEMBER 7, 2018

The “yellow vest” protests have cost French retailers about $1.1 billion dollars in revenue since they started last month, according to The French retail federation (FCD). They also blocked highways with fiery blockades and groups of trucks. On Friday (Dec.

Retail 130

Retail Taxes Groups Report 130

Perficient

DECEMBER 1, 2022

Tax season was approaching, and Jane, a Financial Advisor employed by Faux Advisors Group, wanted to target clients and prospects that would benefit from using tax-aware asset allocation (moving high-yield assets to a tax-deferred or exempt account to help decrease taxable income).

Taxes 294

Taxes Customer Experience Marketing Compliance 294

PYMNTS

OCTOBER 19, 2020

OECD’s Tax Reform To Be Presented To G20. The Organization for Economic Cooperation and Development (OECD) , which is based in France, said its worldwide tax reform blueprint will be put in front of the Group of 20 finance ministers. France Will Proceed With Controversial Digital Services Tax Plan.

Taxes 143

Taxes Compliance Regulation Google 143

PYMNTS

JULY 19, 2018

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

Taxes Trends Massachusetts Louisiana 101

PYMNTS

NOVEMBER 9, 2020

Despite COVID-19, we are encouraged by the increases we are seeing in shopper traffic, retailer sales and tenant rent collections across our portfolio,” CEO David Simon said in a statement. “We We have withstood lack of federal and state help, especially in real estate taxes. We have withstood COVID.

Trends 169

Trends Retail Taxes Louisiana 169

PYMNTS

MARCH 9, 2020

billion, Tesco has struck a deal to sell its Malaysia and Thailand assets to entities of CP Group. billion, prior to taxes and other charges. It is currently engaged in a price war with discount grocers and eCommerce rivals, such as Ocado Group PLC and Amazon.com Inc. group in China with almost 3,000 of its partner’s locations.

Groups 130

Groups Taxes Resources Operations 130

PYMNTS

APRIL 16, 2018

India’s YES BANK is tapping into tax data to expand small business (SMB) lending. Reports in MENAFN on Friday (April 13) said the company plans to offer loans to micro, small and medium-sized businesses based on their Goods and Services Tax (GST) returns.

Taxes 108

Taxes Data Lending Analysis 108

TheGuardian

JULY 29, 2021

Bank announces one of biggest acquisitions and restart of dividend payments Lloyds Banking Group has announced one of its biggest acquisitions since returning to full private ownership and restarted dividend payments after receding Covid risks helped the bank return to profit in the second quarter.

Groups 74

Groups Taxes Branding Retail 74

PYMNTS

SEPTEMBER 3, 2019

Europe’s The Restaurant Group (TRG), which operates over 650 restaurants and pubs across the country, is closing 150 eateries, Financial Times reported on Tuesday (Sept. million pre-tax loss for the first half of this year. Known for owning Frankie & Benny’s and Chiquito, the company is shuttering restaurants following an £87.7

Groups 109

Groups Taxes Branding Study 109

PYMNTS

DECEMBER 30, 2019

According to a study by the Center for Retail Research (CRR), More than 2,750 jobs were lost every week — about 61 every working day. The study also said that without further government intervention, job losses in retail could hit 171,000 next year. business rates at Altus Group , told The Guardian. Retail is still the U.K.’s

Retail 132

Retail Study Taxes Groups 132

Bobsguide

JUNE 13, 2022

– Group EBT up by 91 percent compared to first quarter of 2021, revenue up by 40 percent. – Group revenue guidance for 2022 upgraded from EUR 680 million to around EUR 720 million and EBT guidance from EUR 54.5 Pre-tax earnings for the full year are likely to reach around EUR 58 million at Group level (previously: EUR 54.5

Groups 60

Groups Taxes Regional America 60

PYMNTS

MAY 31, 2019

Clothing retailers like the Gap, Canada Goose and Abercrombie & Fitch are all experiencing troubling sales reports, the likes of which haven’t been seen since the Great Recession a decade ago, according to a report by CNBC. As a group, apparel retail earnings are down 24 percent, although earnings had been growing since Q3 of 2017.

Retail 129

Retail Taxes Industry Groups 129

PYMNTS

MAY 8, 2020

The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. She believes lockdown orders created a loophole that allowed large chains that offer essential retail to continue selling non-essential goods like toys and electronics. There is no shortage of other larger scale ideas.

Maine 142

Maine Groups San Francisco Lending 142

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.

Retail 132

Retail New York City Vermont New York 132

PYMNTS

MAY 3, 2016

This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. proper to occupy much of the conversation. And South Dakota, for one, has had enough.

South Dakota 100

South Dakota Taxes Online North Dakota 100

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . A group of state attorneys is joining together to fight a merger of Sprint and T-Mobile that the United States Justice Department supports.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. has notched $300 million.

Retail 123

Retail New York New York City Philadelphia 123

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. Shoe Palace provided a $52 million pre-tax profit in the year ending Dec.

California 220

California Hawaii Arkansas Nevada 220

PYMNTS

DECEMBER 16, 2019

15), “the City Council is scheduled to hold a public hearing on a plan requiring new retailers in the area to designate at least 500 square feet of space to fresh food. As reported, the measure would apply to discount and dollar stores, often the main source of retail in so-called food deserts. The measure is expected to pass.”.

Retail 131

Retail Oklahoma City New York City Oklahoma 131

PYMNTS

MAY 12, 2020

Simon Property Group, the biggest mall retailer in the U.S., Simon Property Group has seen losses of 20.2 Simon Property Group has seen losses of 20.2 Simon told analysts that he thought it was time to help the local communities by reopening, “because frankly they depend on our sales taxes,” he said, according to CNBC.

Retail 136

Retail Groups Taxes Survey 136

PYMNTS

MAY 22, 2020

The Hong Kong architect P&T Group designed the project. DCC is the first eCommerce free zone to foster retail growth in the Middle East and North Africa (MENA) region. DCC merchants will not have to pay income tax or corporate tax and will get support services for immigration, healthcare, administration and banking.

Regional 266

Regional Taxes Groups Technology 266

PYMNTS

AUGUST 24, 2020

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.

social media 152

social media Data Apple Compliance 152

PYMNTS

MARCH 20, 2020

Mall owners are closing shopping centers amid the coronavirus outbreak, and a trade group that represents them reports that closures are putting a strain on its members. 400B: Approximate amount in state and local taxes the shopping industry generates in the U.S. All this, Today in Data.

US 130

US Taxes Branding Data 130

PYMNTS

AUGUST 14, 2020

Under the arrangement, Flipkart customers will be able to place orders for their favorite drinks, which HipBar will then deliver after collecting products from retail outlets, according to a source. Its major investor is Alibaba Group Holding Ltd., the Chinese global technology company.

Taxes 130

Taxes Analysis Retail Online 130

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. groups, and you had to call in people when it crashed.” POS Trends.

Retail 101

Retail System Mobile Innovation 101

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). Learn More. Whitepaper.

Retail 150

Retail Policies Regulation Compliance 150

PYMNTS

SEPTEMBER 29, 2020

There could be as many as a third of New York's 230,000 businesses closed, with the effects of dropping tax revenue already being felt in less municipal services like trash pickup and policing for increased shootings.

New York 224

New York New York City Taxes Community 224

PYMNTS

APRIL 2, 2020

American colleges own approximately 20 million square feet of retail property per CoStar Group Inc. Looking across all of retail, these owners and tenants and the lenders also all depend on each other,” CoStar Senior Consultant Kevin Cody said per the report. “If

Retail 145

Retail Taxes Report Groups 145

PYMNTS

MARCH 18, 2020

The coronavirus is spurring trade groups to ask for aid and governments to provide assistance for banks. As shops shuttered to curb the coronavirus’ spread, the HDE retail association of Germany asked for the government to provide tax relief and state aid as soon as possible to prevent companies from going out of business, Reuters reported.

Taxes 130

Taxes National Report Retail 130

CFPB Monitor

OCTOBER 20, 2021

A group of 96 organizations and individuals, who describe themselves as consisting of “consumer, labor, civil rights, legal services, faith, community and financial organizations and academics,” have sent a letter to the CFPB urging the Bureau to regulate fee-based earned wage access (EWA) products as credit subject to the Truth in Lending Act.

Regulation 78

Regulation Groups Analysis Lending 78

PYMNTS

JULY 15, 2020

But a new eCommerce platform coming out of the Alibaba Group in Southeast Asia is bringing a unique business model to malls in that region, one that could provide a blueprint for struggling U.S. In Indonesia, more than 100 tenants of three malls by developer Pakuwon Group are going live on Lazada.”. shopping destinations. mall owners.

Groups 153

Groups Branding Retail Taxes 153

PYMNTS

FEBRUARY 20, 2020

home and fashion-ware retailer. based Wells Fargo and Malaysian group MUI Asia , it should be well-poised to utilize the needed funds from its working capital facility to meet its immediate funding needs. The retailer said the agreement did not constitute a cash injection from MUI Asia. In the U.S.,

Maine 130

Maine Taxes Retail Groups 130

PYMNTS

APRIL 8, 2020

This enables banks to support their clients’ ventures in more robust and flexible ways, according to Abdul Raof Latiff, group head of the digital institutional banking group at Singapore-based DBS Bank. Under] traditional-style approaches — where [a business client] basically tells the bank, ‘Can you make 50 payments for me?’

Taxes 247

Taxes Examples Payments Mobile 247

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. TurboTax is among the platforms seeking to make it easier for U.S.

Online 222

Online Taxes United States Industry 222