PYMNTS

JUNE 7, 2019

That, in turn, reportedly provides another opportunity for the emerging and growing legal cannabis retail sector. Yet the growth of the legal cannabis retail industry demonstrates that many consumers will, or might soon, shift their intoxication methods. Take luxury retail , for instance. Pot Appeal.

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PYMNTS

SEPTEMBER 6, 2019

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Big Retail.

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PYMNTS

JUNE 20, 2019

In a way, watching the emergence of legal retail marijuana in North America is like watching someone grow up. Not really a toddler or baby — even black-market sale of recreational and medicinal pot took on many traits of legitimate retail — but more like a once gawky teenager growing into a graceful, confident person.

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PYMNTS

MARCH 21, 2019

The nature of cannabis commerce is changing, and not just because of spreading legalization (with New Jersey the latest state to be in the midst of considering that move). Women have become involved in all facets of the legal cannabis operations across the United States and Canada. businesses as a whole, the publication said.

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PYMNTS

DECEMBER 20, 2019

Digital disbursements have become popular for retail rebates, refunds and similar payments, but other industries have approached them more cautiously. Retailers and other customer-facing platforms adapted alongside the internet to offer these payment innovations, but legal firms still view many of these methods with trepidation.

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PYMNTS

MARCH 3, 2017

The retail beer industry is already feeling the effects of cannabis legalization. states have legalized the use of recreational marijuana, the retail beer industry has seen additional lost sales, according to new research conducted by Cannabiz Consumer Group (C2G). million legal US cannabis consumers in 2016.

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PYMNTS

NOVEMBER 8, 2020

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 Amazon is currently in a legal dispute with the Indian powerhouse, which recently sold its assets to Mukesh Ambani's Reliance Industries in what Amazon contends is a violation of Future's deal with it earlier this year.

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PYMNTS

JUNE 17, 2020

In the United Kingdom, and for the payment network giants in the decades-long legal battle over interchange fees — next stop, trial court? The high court’s dismissal of Visa and Mastercard’s appeal paves the way for the retailers to seek compensation. retailers that could see a leap in claims.

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PYMNTS

NOVEMBER 1, 2020

Amazon , which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries , has asked India's top securities regulator to block the deal, Reuters reported. When Future Retail nevertheless pursued what would become a $3.4 Also, on Sunday (Nov.

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TaxConnex

MAY 14, 2024

Stored inventory can trigger physical nexus for a retailer (though states such as Illinois and Pennsylvania may be easing off of that stance). The platform also offers tools to verify exemptions and varied fees, including recycling fees and retail delivery fees. sales tax will be collected by eBay and included in the order total.

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PYMNTS

JANUARY 23, 2019

One month after Canada legalized marijuana for everyone in the country, Canadians spent C$54 million ($41 million) on the product, according to a report in Bloomberg. Retail figures will vary as new stores continue to come online and the marketplace continues to evolve,” the report said. and Aurora Cannabis Inc.

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Menzies

APRIL 11, 2023

Lawyers have admitted that there is no easy fix to the chargeback loophole in online retail which enables consumers to fraudulently purchase goods, then claim their money back. Computing first reported on the issue in January 2018, when a concerned retailer warned that his business was being defrauded of significant sums due to the loophole.

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CPA Practice

OCTOBER 12, 2023

tariffs are raised on common household products like microwaves and T-shirts imported from China, according to a new report released today by the National Retail Federation. PNTR is a legal status that extends to China the same tariff rates applied to other U.S. American consumers could lose $31 billion in spending power if U.S.

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PYMNTS

AUGUST 6, 2020

Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. The new business model involves leasing options for the retail sector. retail portfolio valued at $5.9 Example: One of the U.K.’s which owns 32.5

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PYMNTS

OCTOBER 17, 2018

Canada became the first country to legalize recreational use of pot on Wednesday (Oct. Following the close of a century-long ban, Canadian adults can now smoke pot without facing any legal ramifications. Meanwhile, British Columbia only has one store that is government-owned, which is 220 miles from Vancouver, its biggest city.

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Withum

MAY 2, 2024

In a landmark move, the Drug Enforcement Administration (DEA) announced on April 30, 2024, that it will initiate the process of rescheduling cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA), effectively recognizing its medical value and opening the door for more research and legal access.

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PYMNTS

MARCH 25, 2020

And where business relationships, based on contracts, are concerned, legal (and financial) liabilities tied to disruption, to cancellations, to a grinding halt of everyday life are perhaps murky at this point. And what about the contracts themselves? On The Other Side.

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PYMNTS

DECEMBER 6, 2017

Walmart is changing its name — its legal name, that is. 6), the big box retailer is making the switch from “Wal-Mart Stores Inc.” The update to the company’s legal entity takes effect Feb. It purchased Jet.com last year as a major step toward expanding its online retail offerings and achieving those goals.

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PYMNTS

FEBRUARY 20, 2019

The legal cannabis industry is large as of the start of 2019 – and, according to most experts, it’s on track to get even larger. Worldwide legal cannabis products represented a $55 billion market in 2018, and most analysts estimate that it will have nearly tripled to reach $147 billion by 2025. Here in the U.S., Here in the U.S.,

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Retail Legal payroll Sales 54

FraudFiles

NOVEMBER 17, 2021

It is a “cover,” since it is what makes the schemes legal under state and federal laws. But the truth is that the people involved in multilevel marketing companies do little actual retailing of products or services to third-party customers (non-members of the scheme). That’s still retailing? The products are undifferentiated.

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PYMNTS

JULY 8, 2020

As it does during the first week of every month of the pandemic, attention turns to retail leases. This week found that one of the crisis’ most troubled retailers — Nordstrom — will only pay half of its rent for the balance of 2020. Retail Properties of America, Inc. percent of Q2 2020 rent as of the end of June.

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PYMNTS

MARCH 25, 2020

Regardless of the current COVID-19 lockdowns, retailers are playing a dangerous game if they refuse to pay their lease without landlord cooperation. Retail has a slew of big chains in turnaround mode. If retailers can invoke “force majeure,” landlords could apply the same to banks. says Bloomberg. The stakes are high.

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CPA Practice

FEBRUARY 9, 2024

States with legal sports betting Legal sports betting, including online betting, has expanded across the United States in the last few years. Supreme Court decision that allowed states to decide whether to legalize sports betting. Reuters has reported that the Chiefs are slight underdogs to the 49ers.

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PYMNTS

MARCH 30, 2020

There’s $454 billion earmarked for retailers in the vast series of COVID-19 relief legislation passed last week. But none of it will arrive in time for the April rent and lease deadline staring retailers right in the bank account come Wednesday. And if it’s any consolation, retail rents will almost certainly drop in the short term.

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Retail payroll Healthcare Washington 52

Xero

MARCH 21, 2024

What are the legal considerations businesses need to be aware of when venturing into franchising? Having everyone using the same tech results in consistency whether it’s the CRM, bookkeeping software like Xero, or POS Systems for retail. What financial factors should businesses evaluate before deciding to franchise?

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xendoo

MAY 16, 2021

As you look to grow your retail business and ensure you can maintain long-term stability, you will need to create and follow a retail budget. A small retailer might face anything from windows suddenly covered in graffiti overnight to a global pandemic that forces them to temporarily close their doors. Facility Costs.

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PYMNTS

DECEMBER 30, 2020

22, according to legal documents filed in the U.S. Legal counsel for those named in the suit — Ripple Labs, CEO Bradley Garlinghouse and Executive Chairman and Co-founder Christian Larsen — were called to appear in an online pretrial conference with Judge Analisa Torres. . District Court of the Southern District of New York.

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PYMNTS

JANUARY 24, 2020

But no matter the case, music is a big part of the retail world, and is helping to create new harmonies of innovation and disruption. Apple isn’t the only band on the radio when it comes to changes in music retail in early 2020. Others don’t. New Partnerships and Services. Concert Report.

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PYMNTS

FEBRUARY 12, 2020

Regardless of whether you think it’s a good idea for the market or a legal misstep, the T-Mobile and Sprint merger is going to put 5G on a faster track. For retailers, 5G stands to be an opportunity to get closer to consumers and amp up the in-store experience. Bottom line, the future of retail will be enabled by 5G.

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PYMNTS

NOVEMBER 23, 2018

By working collaboratively with these retailers, we’ve created a way for businesses to take proactive steps to prevent scams,” New York State Attorney General Barbara Underwood said in a statement. The retailers have stepped up their training, too, in an effort to aid workers in identifying scams.

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MyIRSRelief

MAY 1, 2024

They stay current on the latest regulations, ensuring your business maximizes legal tax breaks on forms like 1120, 1120S, and 1065, while minimizing liabilities. Retail Trade (Specialized): Boutiques, specialty stores, local restaurants, and cafes often operate with smaller teams, offering unique products or experiences.

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TaxConnex

JUNE 22, 2023

With an eye to easing the sales tax burden for smaller retailers, some 20 states have lowered their transaction thresholds. Colorado apparently listened and is exempting retailers whose sales of tangible personal property, commodities or services in the state in the previous year totaled $500,000 or less. Easing off?

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TaxConnex

APRIL 12, 2022

Proposed in the same Florida bill are months’-long exemptions on some hurricane-recovery and energy-efficient purchases; one-year exemptions on retail sale of baby and toddler clothing and shoes and the retail sale of children’s diapers; and a three-month exemption on the retail sale of all children’s books.

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PYMNTS

AUGUST 21, 2019

retail expert. The term “grey market” references legitimate items sold through legal but unauthorized sellers; by contrast, a “black market” describes counterfeit products or illegally traded scarce goods, CNBC reported. In the case of a no-deal Brexit, an “explosion” in grey market goods could occur per a U.K. Geometry U.K.

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TaxConnex

JUNE 20, 2023

Also effective on that date, the $100,000 threshold for marketplace facilitators will be based on gross revenue for retail sales into the state of tangible personal property, products transferred electronically or services; resale and wholesale transactions will no longer count. Starting Aug.

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Withum

FEBRUARY 27, 2024

This ruling allowed individual states to legalize and regulate sports betting within their borders. Keep in mind that the tax rates differ for retail sports betting, but this article will focus on the key points for mobile and online sports wagering. billion since legalization in January 2022.

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PYMNTS

SEPTEMBER 9, 2016

consumers file a £14 billion legal claim against the company over anticompetitive card fees. According to the BBC , the lawsuit has to do with a 2014 ruling by the European Court of Justice, which found regulators were correct to condemn the cost of interchange fees — the fees retailers pay banks to process credit card transactions.

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