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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

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. Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. .

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Medical Cannabis Co Columbia Care Launches Credit Card

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is launching the Columbia National Credit program with its new CNC Card, according to a release by the company. The program will expand to Delaware and Pennsylvania later in June and then into Arizona and Illinois. The company plans to have the card available to all of its markets by the end of the year.

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Need A Shopping Mall? Landlords Are Selling Cheap

PYMNTS

The landlords who hold the bulk of the nation’s malls would like to unload those fading centers that are failing to attract traffic in the era of eCommerce. Given the less than stellar track record of shopping malls in recent memory, investors are not exactly lining up to buy into fading retail behemoths where no one wants to shop.

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Philadelphia Mall Owner Takes Care Of Its Own

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There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. The ability to help our tenants get to the other side of the mandated closures became front and center of our marketing efforts.

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NJ Online Gaming Revenue Set To Grow 66 Pct This Year

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With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. The market was set up to be incredibly competitive,” Grove said, according to the report, “and that competition is successfully producing a product that’s engaging consumers.”.

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The Warehouse Building Rush Brought By eCommerce

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This weekend Allen Township in Pennsylvania saw a groundbreaking …well, groundbreaking. Ecommerce is really changing the shape of the market,” said Perry Colosimo, a FedEx spokesman, in a written statement. “We All in, developers have added 56 million square feet of space, and the market has grown a staggering 25 percent.

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Welcome To The Golden Age Of Sweatpants

PYMNTS

retailers, found that pants purchases fell 13 percent in April. But if such mass-market sweatpants lack the right “going-out” feel, designer options also abound. Realizing that their co-workers can only see them on Zoom from the waist up, people simply stopped buying pants. Bra sales declined 12 percent, too.). consumer base.