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JD Sports Purchases California-Based Shoe Palace

PYMNTS

The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag. More than 50 percent of the retail locations are in California, but the retailer has an “established retail presence” in Hawaii, New Mexico, Colorado, Florida, Arizona, Nevada and Texas.

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Deep Dive: Wayfair’s Complex, Ongoing And Unexpected Effects On Retailers

PYMNTS

Wayfair’s case enabled cities and states to pass economic nexus laws that require out-of-state sellers to collect and remit taxes on local residents’ sales, and it permitted these jurisdictions to implement marketplace facilitator laws necessitating that eCommerce platforms collect and remit taxes on third-party merchants’ sales. .

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Sam’s Club Suddenly Closes 63 Stores

PYMNTS

But the membership-only retailer said it had closed the stores following a “review,” according to news from Reuters. After a thorough review of our existing portfolio, we’ve decided to close a series of clubs and better align our locations with our strategy,” the retailer wrote in a tweet. Walmart’s shares rose 0.5

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Digital License Plates Vie For Place In Connected Car Ecosystem

PYMNTS

Besides California, states such as Arizona, Texas and Florida are moving toward use of digital license plates. In a recent PYMNTS interview , she said the ecosystem for connected cars and trucks — and the retail and payment tasks they do and will support — is rapidly taking shape. “We However, progress is happening, and pretty fast.

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Retail’s Ups And Downs: Best Buy, Outlet Malls And Pokémon GO

PYMNTS

The world of retail can be a fickle mistress. With that said, PYMNTS decided to take a look at some of retail’s biggest winners and losers of the moment. With wages, taxes and energy costs about 25 percent less in Phoenix than in the Bay Area, the city has seen an 8 percent increase in tech jobs in the past year alone.

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Reverse Trend

Independent Banker

billion in assets and operates 60 retail locations, is licensed to originate reverse mortgages in most of the United States. Yet Ardesson says he is the only banker based in Arizona that he knows of making reverse mortgages. FirstBank, which has $2.3 The bank closes 35 to 45 reverse mortgages each month. About the market.

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Putting A Price On Puppy Love

PYMNTS

Here at PYMNTS, we see it all, often in the form of press releases – most of which claim to be the next big thing in retail, commerce and financial services. For reference, a top-of-the-line pair of Neuticals retails for $469. These days, those ideas are often associated with crypto. At Oh My Dog!

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