PYMNTS
NOVEMBER 9, 2020
The mall and outlet center real estate investment trust managed to post a profit despite a 91 percent occupancy rate and collecting on only 85 percent of its rents. We have withstood fires in Northern California, hurricanes in Louisiana and elsewhere and civil unrest. We have withstood government shutdowns.
PYMNTS
DECEMBER 16, 2020
UPS imposed shipping restrictions on some large retailers such as Gap, Nike, L.L. To manage capacity, the company has increased holiday hiring and weekend deliveries. “We The reports of potential delays and earlier-than-average shipping windows for Christmas delivery rolled in right on time in early December. Hot Topic Inc.,
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PYMNTS
MAY 2, 2018
Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. Management noted on the conference call with analysts following the earnings report that there was a “positive comp gap” between the company and quick-service restaurant peers of as much as 270 basis points.
PYMNTS
DECEMBER 26, 2019
Even the ways retailers package their items can make a difference in their taxes. This month’s Next-Gen Sales Tax Tracker examines these compliance complexities and their impact, as well as ongoing efforts to streamline how retailers can fulfill their obligations. Easing tax compliance helps governments and retailers alike.
PYMNTS
JANUARY 29, 2018
Under pressure from an activist investor, JCP Investment Management, convenience store chain Casey’s General Stores has reportedly placed an initial bid to acquire grocer Kroger’s $2 billion C-store business. billion agreement to acquire retailer CST Brands and take over its more than 2,000 stores in the U.S. and Canada.
PYMNTS
SEPTEMBER 4, 2019
Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. In fact, the 75 largest online retail marketplaces in the world were responsible for nearly half of all global eCommerce sales in 2017. Mathradas characterized this challenge as a data management issue. and globally.
PYMNTS
AUGUST 6, 2019
Restaurant managers can list items on third-party marketplaces, so there is no need to manage many different platforms and ordering systems, which increases accuracy and reaches new customers, Olo said. “By Waitr was started in 2013 in Lake Charles, Louisiana. Olo works with upwards of 70,000 restaurants.
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