Amazon's business is thriving, while Sears' is flailing. But if Amazon acquired Sears, both retailers could stand to benefit, industry expert Robin Lewis writes on his blog. He names a few reasons why Amazon acquiring Sears would be a smart business move.
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As the popularity of online shopping has grown, states have seen their sales tax revenues drop. The Supreme Court has ruled that states cannot require a company to collect sales tax on transactions with their residents when the company has no physical presence in the state.
Reuters - Sears Holdings Corp sent an open letter on Thursday to independent Web operators affiliated with online retailer Amazon.com inviting them to join its network, becoming the second major U.S. store chain to go after key partners of the Web retailer in recent weeks.