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As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

PYMNTS

consumers are expected to be shopping online by 2021. The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. More than 230 million U.S. In that case, there are a number of reporting and filing requirements.

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Online Sales Tax’s ‘Pivotal,’ Post-Wayfair 2019 — And What Lies Ahead

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The ground zero, of course, was Wayfair , the 2018 case in which the Supreme Court ruled online retailers could be mandated to collect sales tax — and taxes could be levied by states on firms that do not have physical presence in those states. They have to have something powered by artificial intelligence (AI) to streamline operations.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

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Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

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Strip Malls Gaining An Edge Over Traditional Shopping Malls

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Open-air shopping centers – also called strip malls or strip centers – are replacing malls as retail juggernauts, offering necessities like grocery stores, hair salons and dentists, The Wall Street Journal reported on Tuesday (Jan.14). The Jericho, New York company owns and operates open-air shopping centers. million for a 48.5

Missouri 153
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Retail Pulse: goop Finds Stickiness In New York, Opens ‘Lab’; Nordstrom To Offer Early-Bird Pickup

PYMNTS

Digitally native brands often test the retail waters with pop-up shops, and, after some offline success, they may expand their concepts with permanent locations. In preparation for the holiday season this year, the retailer has updated its website and also plans to have a larger array of electronics, toys and fashion products.

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AMC Reopens Theaters With 15-Cent Ticket Pricing

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Another piece of pre-pandemic life came back online today, with AMC Entertainment reopening the doors to 100 movie theaters across the country that have sat vacant for months after COVID-19 triggered sweeping lockdown measures. 20, 1920 at the corner of 12 th Street and Grand Boulevard in Kansas City, Missouri.

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Why Panera Does Its Own Delivery

PYMNTS

The journey to nationwide delivery was neither easy nor short for the Missouri-based soup, sandwich and bread chain. The problems were myriad: Operational complexities were much bigger than anticipated, and finding a stable of qualified delivery drivers ended up being tough. The proof, according to Panera, is in the numbers.