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Retailers Wary Of Opening As Some States Restart Economies

PYMNTS

Many large retail chains are wary of reopening even while some states move toward starting their economies again following closures due to COVID-19. are some of the large national chains noting they will not partake in the early phase of reopening in places like South Carolina and Georgia per The Wall Street Journal.

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Apple To Shutter 30 More US Stores Again Amid Pandemic

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As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

Apple 131
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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

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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.

Taxes 130
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How Clandestina (Literally) Snuck Into The US Market

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There are many, many retailers and brands trying to outfit the world, and standing out in the crowd is difficult. And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S.

Marketing 198
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US Liquor Sales Rise, But Not Enough To Offset COVID-Related Global Revenue Decline

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billion write-down related to its African operations, and Heineken took a 550 million ($654.3 alcohol sales shot up 55 percent in late March, just as stay-at home orders were going into effect across the nation. Are people in other nations less likely to try to drown their pandemic-related sorrows in booze?

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NRF On The Case For Revising eCommerce Sales Tax Laws

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Online retailers aren’t sitting still when faced with new taxes — and some are even fighting back in court. Small retailers may be struggling with Kansas’ law, but large retailers are meanwhile coming under fire in South Carolina. Deep Dive: The Complex, Ongoing And Unexpected Effects Of Wayfair On Retailers.

Taxes 101
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Grocery Tracker: Discount Games

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Over a year of research, development and beta testing, Shopkick Grocery was found to increase consumer basket sizes to $59 in grocery, drugstore and retail spend per trip versus the $32 national average. Retail brands and partners for Shopkick include Best Buy, Clorox, Nestle and Starbucks, among others.