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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. .

Retail 109
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Pop-Up Retail Gets A Pop Of Fresh Energy

PYMNTS

But we want to take a few minutes to talk about pop-up shops, and how those temporary but often lucrative retail efforts are shaping commerce — and being shaped by payments — and what could be coming next. Even so, the company has certainly not given up on physical retail. Riding Retail Trends.

Retail 108
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Walmart, Sam’s Club Shoppers Must Wear Face Masks Starting Next Week

PYMNTS

The Retail Industry Leaders Association (RILA), a Virginia-based trade group that promotes consumer choice and economic freedom through public policy, has asked the National Governor’s Association to push for specific and consistent mask mandates. A Goldman Sachs survey found that a national mask law could spare the U.S.

Virginia 141
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Amazon HQ2 Secures $51M Funding Vote In VA

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Amazon.com’s plans to open its HQ2 in Virginia got the support of local officials who approved a financial package valued at $51 million over the weekend. Late last year Amazon chose National Landing, a location that is owned by Arlington County and the city of Alexandria, as its second headquarters in conjunction with New York City.

Arlington 108
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The Evolving State Of The Restaurant And Delivery Industries

PYMNTS

The 2020 outlook report from the National Restaurant Association illustrates an industry contending with the countercurrents of solid consumer spending and disruptive technology. 2019: The year students at George Mason University in Virginia and Northern Arizona University started getting food delivered by robots.

Industry 142
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Lowe’s Employees Decked Out In High-Tech Exoskeletons

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The national home improvement chain partnered with Virginia Tech to develop a futuristic exosuit for its employees. “As a way to support them, we found a unique opportunity to collaborate with Virginia Tech to develop one of the first retail applications for assistive robotic exosuits.”

Virginia 101
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Pier 1 Plans Sale As It Goes Bankrupt

PYMNTS

The Fort Worth, Texas-based retailer franchise said it filed for chapter 11 protection Monday in U.S. Bankruptcy Court in Richmond, Virginia. Wells Fargo National Association and Pathlight Capital LP will allow the company to operate while finalizing sales. The bankruptcy financing from lenders including Bank of America N.A.,