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Online Sales Tax Bill Clears Senate, Heads to House
May 7, 2013

Over the strenuous opposition of eBay and allied advocacy groups, the Senate on Monday passed a bill that would authorize states to begin collecting sales taxes on purchases from out-of-state Internet retailers. The Marketplace Fairness Act, which the...

Internet Sales Tax Passes Senate
May 7, 2013

The Senate passed a bill Monday night aimed at making it easier for states to collect sales taxes for online purchases, but its final prospects remain uncertain. The bill, which passed the Senate 69-27, now heads to the House, where it faces an uncertain future because some Republicans view it as a tax increase. President Obama has said he supports the bill. The act would overturn decades-long precedent and leave many small online sellers with the task of figuring out how to manage collecting and remitting sales tax to nearly every state.

Tommy Bahama Acquires Brand's Canadian Operations from its Licensee
May 7, 2013

/PRNewswire/ -- Tommy Bahama, an operating group of parent company Oxford Industries, Inc., announced today that it has closed a deal to acquire the business operations relating to the Tommy Bahama business in Canada from its licensee, the Jaytex Group....

ProFlowers Florist Network Launches eBay Store
May 7, 2013

Shoppers can now order fresh flowers on eBay thanks to ProFlowers' new branded store on eBay. The new ProFlowers eBay storefront features a broad assortment of fresh flowers, plants and product bundles including vases and chocolates. What's interesting...

Staples names new EVP of global e-commerce
May 7, 2013

FRAMINGHAM, Mass. โ€” Staples has appointed Faisal Masud as its new EVP of global e-commerce. In the newly created role, Masud will be responsible for leading online and digital growth. He will report to Demos Parneros, president of North American stores...

Wall Streetโ€™s 2013 Top and Bottom 10 Retailers
May 7, 2013

The 2013 retail stock leadersโ€™ and laggardsโ€™ lists reflects a mixed bag of business stories with one common theme โ€“ the overall stock market has been on a steady incline for the past year, especially the first quarter of 2013. However, the rising tide...

Target plays house at Grand Central Terminal
May 7, 2013

NEW YORK โ€” Target isnโ€™t letting any grass grow under its feet when it comes to the suddenly hot category of home goods and home furnishings. The discounter has installed a giant, two-story dollhouse โ€” some 21 ft. high and occupying some 1,500 sq. ft. of...

PriceSmart sales up 10.7% in April; opens new club in Colombia
May 7, 2013

San Diego -- PriceSmart announced that for the month of April 2013 net sales increased 10.7% to $176.1 million, from $159.1 million in April a year earlier. For the eight months ended April 30, 2013, net sales increased 11.0% to $1,483.8 million. For...

Aquatic pets retailer swims into e-commerce territory
May 7, 2013

FORT COLLINS, Colo. โ€” D&G Pets, a local fish and exotic pet shop in Fort Collins, Colo., is diving into e-commerce waters in an effort to retain existing customers and reach out to new ones. The local retailer launched an online store so consumers can...

Limitedโ€™s Plans for โ€™13 Include 4 Outlet Stores
May 7, 2013

The Limited is pushing the limits of its fashion business by expanding into outlet centers, a growing sector of retailing. The New Albany, Ohio-based women's apparel company quietly opened the doors on its Nashville-area store last Monday and will open another store in Auburn Hills, Mich., on May 18. Grand openings for both stores are set for Memorial Day weekend. Two other outlet stores โ€” in San Marcos, Texas, and Rosemont, Ill. โ€” will open in early summer.