Finance

Aug 28, 2014
Sixty-five days of performance from its new Zale division cut net income...
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Aug 28, 2014
Deferred expenses related to its 2011 purchase of Scotland-based Schuh...
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Aug 28, 2014
Dollar General Corp. reported earnings of $251.3 million for the second...
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Aug 27, 2014
Guess reported second-quarter net earnings of $22 million, a 50.5%...
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Aug 27, 2014
The retail and hospitality market is entering a time of unprecedented IT...
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Aug 27, 2014
Express Inc. beat Wall Street expectations for both profit and revenue...
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Aug 27, 2014
The Michaels Companies Inc. reported a net loss of $48 million in the...
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Financially Speaking

The Impact of Online Sales Tax

By Jonathan Barsade, founder and CEO, Exactor
For more than a decade, federal and state lawmakers have attempted to craft legislation to regulate the collection of sales tax on Internet purchases. The Marketplace Fairness Act of 2013 passed the Senate in May with bipartisan support.
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Deals/M&A

Global Payments acquires PayPros
Global Payments Inc. will acquire Payment Processing, Inc. (PayPros). PayPros, based in California, is a provider of fully-integrated payment solutions for 58,000 small-to-medium sized retailers in the U.S.
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Newsmakers

eBay reports strong Q4 quarter; Carl Icahn looks to spin off PayPal
eBay posted a profit of $850 million, compared with earnings of $751 million a year ago, for its fourth quarter, ended Dec. 31, 2013, while revenues rose 13% to $4.5 billion, fueled by strong mobile results.
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