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.
For nearly 25 years, the general standard for whether a state could compel a mail-order or online retailer to collect sales tax from customers was that retailer’s physical presence (or lack thereof) in that state. More recently, some states have tweaked their laws so that total sales — and not physical connection — is the determining factor. Online tech store Newegg is the latest retailer to challenge these new rules, taking issue with Alabama’s determination that the company owes the state more than $185,000 in sales tax.
By Paulo Santos:In a Reuters piece today, we got further confirmation of something I've been saying all along: That sales taxes matter, and Amazon.com (AMZN) is going to see an effect from having to collect them.
Amazon.com, Inc. (AMZN), the e-commerce giant, has certainly played a key role in revolutionizing today’s retail world. The impact has been so powerful that a whole new term, ‘Amazon Effect’ has been coined to describe the influence of the online giant on retailers’ sales.
By Paulo Santos:California has just reported Q4 2012 sales tax receipts. This is the first full quarter since California changed its laws to enable more sales tax collection from online retailers, instead of trusting individuals to pay these taxes voluntarily (which they didn't).