News tagged with retail sales

'Cyber Monday' sizzles with US online shopping

US shoppers were on pace to drive "Cyber Monday" sales to a new record high as people flocked the Internet to snap up deals offered by online retailers.

Technology / Business

created Nov 29, 2011 | popularity not rated yet | comments 0

States push harder for online sales tax collection

(AP) -- Tax-free shopping is under threat for many online shoppers as states facing widening budget gaps increasingly pressure Amazon.com Inc. and other Internet retailers to start collecting sales taxes from their residents.

Technology / Business

created Mar 21, 2011 | popularity 1 / 5 (1) | comments 6

ISU economists study Iowa communities 15 years before and after Wal-Mart

(Phys.org) -- Small towns in Iowa (between 3,000 and 20,000 population) that have hosted Wal-Mart stores showed moderate increases in total retail sales in the 15 years following the stores' opening according ...

Other Sciences / Economics & Business

created May 11, 2012 | popularity not rated yet | comments 0

Amazon, Texas reach deal to settle sales tax spat

(AP) -- Online retailer Amazon.com reached an agreement with Texas officials Friday to settle a sales tax dispute by expanding operations in the state and starting to collect sales taxes.

Technology / Business

created Apr 27, 2012 | popularity not rated yet | comments 1

US video game sales drop 25 percent in March

(AP) -- U.S. retail sales of video game hardware, software and accessories fell 25 percent in March from a year earlier to $1.1 billion. It marked the fourth month of decline as Sony Corp.'s new PS Vita handheld failed to ...

Technology / Business

created Apr 13, 2012 | popularity not rated yet | comments 1

Amazon 4Q results, outlook sends stock lower

Shoppers spent more money online this holiday season than ever before, and yet, Amazon -the world's largest Internet retailer- failed to meet Wall Street's sales expectations with its latest financial results.

Technology / Business

created Jan 31, 2012 | popularity not rated yet | comments 0

US video game sales drop 21 percent in December

(AP) -- U.S. retail sales of video game hardware, software and accessories fell 21 percent in December from a year ago to $3.99 billion as players bought fewer games for their aging consoles, according to market researcher ...

Technology / Business

created Jan 13, 2012 | popularity 5 / 5 (3) | comments 0

February video game retail sales drop 20 percent

(AP) -- U.S. retail sales of video games tumbled 20 percent in February as people cut spending on video games and systems in a month without big new game launches.

Technology / Business

created Mar 09, 2012 | popularity not rated yet | comments 1

Online sales in China up 66% year-on-year: report

Online sales in China in 2011 grew 66 percent from the previous year, with turnover totalling 780 billion yuan ($125 billion), according to a report cited by state news agency Xinhua Thursday.

Technology / Business

created Mar 01, 2012 | popularity not rated yet | comments 0

Amazon deal with Calif. may set precedent for online tax collection

California braced for a fight this year when its budget deal included a provision to force online retailers - Amazon.com Inc. by far the most prominent among them - to collect sales taxes on purchases made by the state's ...

Technology / Business

created Oct 05, 2011 | popularity not rated yet | comments 3

Illinois enacts Web sales tax; online retailers threaten to leave

Illinois Gov. Pat Quinn stepped into the Internet tax fray this week, signing into law a bill designed to collect a sales tax for certain online purchases, a move that Amazon.com Inc. said it would blunt by severing ties ...

Technology / Business

created Mar 12, 2011 | popularity 3 / 5 (1) | comments 20

Mall giant sues Indiana to tax Amazon.com sales

(AP) -- Shopping mall giant Simon Property Group sued the Indiana Department of Revenue on Thursday to try to force it to collect taxes from Amazon.com Inc. for all sales made in the state.

Technology / Business

created Nov 04, 2011 | popularity 2 / 5 (1) | comments 2

Group seeks Amazon boycott over sales tax fight

(AP) -- A coalition of nonprofit groups is calling on customers of Amazon.com to cancel their accounts unless the Internet retailer stops resisting a California law that requires more online retailers to charge a state sales ...

Technology / Business

created Aug 15, 2011 | popularity 3 / 5 (2) | comments 8

Calif. governor signs compromise on Internet taxes

(AP) -- Gov. Jerry Brown signed legislation Friday that postpones new sales taxes rules that would have affected online purchases in California, granting more time for traditional and online retailers to lobby Congress for ...

Technology / Business

created Sep 23, 2011 | popularity not rated yet | comments 3

Facebook's 'Like' button becomes force in e-commerce

Whether you just bought an airline ticket or a pair of jeans online, chances are an Internet search preceded the transaction. Now Facebook hopes to make its vast web of online social connections another central ingredient ...

Technology / Internet

created May 05, 2011 | popularity not rated yet | comments 0