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

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consumers are expected to be shopping online by 2021. As commerce has, increasingly, moved into the digital realm, and even the smallest merchants have gone omnichannel, tax policy has evolved as well — although perhaps it may be more apt to say tax policy has scrambled to keep up. More than 230 million U.S.

Taxes 116
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Local Governments Move In On Retail Vacancies

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It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. In fact, last week, it was announced that the building would be the new home of the Milwaukee School of Engineering’s K-12 STEM program. has hiked the normal commercial property tax rate on vacant property from between $1.65

Retail 135
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Luxury Retail Finds New Avenues As Brick-And-Mortar Fades

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Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. One of the latest, ongoing trends is the rise of online luxury resale commerce. That’s not to say brick-and-mortar is doing well in all areas of the luxury retail world.

Retail 123
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Retailers Woo Homebound Consumers With Big Deals

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As the fast-spreading coronavirus changes daily life and affects every industry sector, businesses are finding new ways to stay afloat and keep customers fed and entertained. The industry group asked governors to consider using emergency powers to green-light online casinos.

Retail 132
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Fresh Food Retail Could Get Boost Via Tech And New Laws

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15), “the City Council is scheduled to hold a public hearing on a plan requiring new retailers in the area to designate at least 500 square feet of space to fresh food. As reported, the measure would apply to discount and dollar stores, often the main source of retail in so-called food deserts. The measure is expected to pass.”.

Retail 131
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Relocations And Remote Work Hit San Francisco’s Finances

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The New York Times reported that remote work has meant many San Franciscans have fled the Bay area. At the same time, sales tax receipts in the downtown’s retail, hotel and business districts fell more than 70 percent in the second quarter last year compared with the same period in 2019, Bloomberg reported.

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Mastercard: Data-Driven Insight Key To Fast-Tracking America?s Reopening

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Tax revenues have disappeared, and at the same time the CARES Act passed earlier this year provides hundreds of billions of dollars to state, local and tribal governments. Spending, after all, generates tax dollars, and tax dollars flow into government coffers and optimize services and investments.

Data 131