Remove Magazine Remove Online Remove Operations Remove Taxes
article thumbnail

Brazilian Retailer Magazine Luiza To Compete With Amazon

PYMNTS

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. Magazine Luiza shares were up 1.9

Retail 108
article thumbnail

New Digital Taxes Loom On Tech Firms In Europe

PYMNTS

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on global Internet firms which will, as Reuters reports , be levied on revenues tied to Czech users across advertising, digital marketplaces and data sales.

Taxes 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retailers Find New Innovation Fuel Against Amazon

PYMNTS

Imran Khan, who spent three years at Snap as chief strategy officer, has created a new retail company, Verishop , which aims to “bring joy back to online shopping, and do it at scale with the ease of online purchasing and fast delivery we’ve all come to expect.” High-End Retail.

Retail 125
article thumbnail

Overstock Is Overvalued Stock?

PYMNTS

In a recent column featured in Forbes , the thinking goes that online retail has managed to disrupt the lives of many a brick-and-mortar retailer. There’s another existential threat here, as online retailers must grapple with other online retailers. Some numbers belie the pressures at hand.

Retail 100
article thumbnail

10 Twitter accounts every accountant should follow

Abrigo

2) @CPA_Trendlines – While Twitter is fertile ground for a number of social media-savvy financial professionals who have built their online profile and footprint, Rick Telberg puts most of them to shame. Follow Kelly for all things tax-related.

article thumbnail

Deep Dive: How Boleto Bancário Helps International Subscription Providers Reach Brazilians

PYMNTS

Web-connected Brazilians spend a hefty amount of time online, averaging 26 hours per week, and they rank fourth place worldwide for mobile phone penetration. . Brazilian consumers are relatively accessible to global subscription companies, but online payment methods do not always reach them.

Online 100
article thumbnail

How About Profits in the Branch of the Future?

Jeff For Banks

And the rest of us are increasingly buying online. These pre-tax profit ratios are a percent of average branch deposits, and excludes indirect branch operating expense such as Deposit Operations and IT, and overhead such as Executive and Finance. mBank’s light branch depicted above is located in a mall.