House Ways and Means Committee Advances 199A Tax Reform
The House Ways and Means Committee has introduced a legislative framework that would make the 199A tax deduction permanent, increasing the deduction from 20% to 22%, and making an enhanced estate tax exemption permanent — providing much-needed certainty and stability to America’s family-owned businesses.
Research Shows Consumers Prefer to Buy Alcohol Online
A recent survey of 1,000 U.S. consumers, commissioned by DRINKS and conducted by Dynata, found that 49% of 21-34-year-olds would be likely to purchase alcohol from their favorite online retailers if they started offering e-commerce versus their traditional alcohol retailer.
FedEx to Launch Easy Returns at 3,000 Locations Across the US
FedEx Corporation is launching a new service called FedEx Easy Returns, supported by Blue Yonder. This offering will allow FedEx customers to access a low-cost, box- and label-free returns solution launching with approximately 3,000 drop-off locations in the network of FedEx Office and Kohl’s stores in the summer, with additional expansion plans across the U.S. later.
Specialty Retail’s Secret Weapon? A Crypto Checkout Option
Accepting crypto can help merchants set themselves apart from the pack. What’s more, they can even attract a new breed of eager customers by offering greater purchasing flexibility.
December Sales Show Strong Growth
Retail sales jumped strongly in December, boosted in part by two busy holiday shopping days during Thanksgiving weekend falling in the final month of the year, according to the CNBC/NRF Retail Monitor.
November Experienced Sales Growth
Moderate retail sales growth continued in November even as two of the holiday season’s busiest shopping days bumped over into December and weren’t included in the month’s totals.
Strong Retail Sales Gains in October
Retail sales bounced back strongly in October as the economy remained in good shape and consumers moved past concerns about a port strike and other issues that slowed September’s sales, according to the CNBC/NRF Retail Monitor.
Half of Halloween Shoppers to Start Purchasing Before October
Early Halloween shopping is on the rise, with 47% of survey participants beginning their shopping before October, according to the National Retail Federation’s annual survey. Total Halloween spending is expected to reach $11.6 billion, after last year’s record-setting $12.2 billion.
Small Business Index for July 2024: Sales Regain Momentum
Payments and financial services technology provider Fiserv, Inc. has published the Fiserv Small Business Index™ for July 2024. Nationally, the seasonally adjusted index for July rose to 141. This jump in consumer spending followed a four-point decline in June.
Restaurants Experience a Decline as Shopping Centers Thrive
With the first half of 2024 officially behind us, it’s time for retailers to look forward to and prepare for the shopping trends to...
