Most countries in the world have some form sales taxes or value-added taxes...
Walmart has opened a $135m distribution centre in Mobile, Alabama, US, to bolster its supply chain network.
Most countries in the world have some form sales taxes or value-added taxes (VAT), levied by the government on certain goods and services. Laws usually allow or require the seller to collect these taxes from the consumer at the point of purchase and some do provide for the exemption of certain goods or services. The amount charged varies between countries, but which impose the highest sales tax?
Wesfarmers’ disastrous acquisition of Homebase and the announced closure of nearly a fifth of its 250 stores have led to Homebase losing 2.9 percentage points of the DIY market.
To give House of Fraser the best chance of survival, Sports Direct and its owner Mike Ashley must make drastic changes to both its product proposition and store environment to entice shoppers back. This will require significant investment – something that the chain has been starved of in recent years.
Personal care electricals (PCE) will be the fastest growing category in the UK electricals market over the next five years as innovation drives consumers to purchase.
US-based e-commerce company eBay is set to launch its 12-month Retail Revival programme in Lansing, Michigan, to help local businesses boost their reach and revenue using its global marketplace.
Supermarket retail major Walmart and e-commerce platform JD.com have invested $500m in Chinese online grocery delivery firm Dada-JD Daojia in a latest financing round.
An Irish retail family, the Hendersons, has reached an agreement in principle to acquire collapsed British discount retailer Poundworld.