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Tag: changes

India changes digital tax form to include new levy on foreign e-commerce companies, Retail News, ET Retail

The income-tax department has introduced changes to the form used to pay equalisation levy, to include the option of paying up the new 2% levy on digital transactions conducted in India by foreign e-commerce companies. The new levy was introduced in the Union Budget and was made effective from April 1, with the first instalment …

India changes digital tax form to include new levy on foreign e-commerce companies, Retail News, ET RetailRead More

Bike boom: UK sales up 60% in April as Covid-19 changes lifestyles | Business

Britons bought 60% more bikes in April as the nation turned to two-wheeled transport during the coronavirus lockdown. Government advice to avoid public transport and limit travel to essential journeys led to a complete turnaround in the cycle market. In the first three months of the year, the value of bike sales was down 4% …

Bike boom: UK sales up 60% in April as Covid-19 changes lifestyles | BusinessRead More

Retail Roundup—Costco changes menu; Alibaba, Guess open store

L.L. Bean to open outdoor workspace L.L. Bean will test an outdoor workspace pop-up in Madison, Wisconsin. In partnership with Industrious, the retailer will set up a glassy, open office with patios and business furniture and unique pieces such as a three-set cycling desk. (Milwaukee Journal Sentinel) BJ’s implements PayPal for online checkout BJ’s Wholesale …

Retail Roundup—Costco changes menu; Alibaba, Guess open storeRead More

Under lockdown, India changes shopping habits, Retail News, ET Retail

Mumbai: Lockdown plus WFH equals new online shopping behaviour. Office hours are turning into shopping hours, especially for essentials, data shared by companies managing online and offline transactions show. And that weekend spending bulge too has somewhat flattened, with those working from home managing their routines differently. “Transactions at retail stores have significantly declined during …

Under lockdown, India changes shopping habits, Retail News, ET RetailRead More

Retail Roundup—Costco changes menu; Alibaba, Guess open store

L.L. Bean to open outdoor workspace L.L. Bean will test an outdoor workspace pop-up in Madison, Wisconsin. In partnership with Industrious, the retailer will set up a glassy, open office with patios and business furniture and unique pieces such as a three-set cycling desk. (Milwaukee Journal Sentinel) BJ’s implements PayPal for online checkout BJ’s Wholesale …

Retail Roundup—Costco changes menu; Alibaba, Guess open storeRead More

New Under Armour CEO makes C-suite changes

Patrick Frisk, who succeeded Kevin Plank as Under Armour CEO on Jan. 1, has made his first executive appointments — including one that is a first for the brand.  The athletic goods company promoted Colin Browne to COO, the position previously held by Frisk. Browne previously served as the company’s chief supply chain officer from …

New Under Armour CEO makes C-suite changesRead More

Retailers oppose reported Visa swipe fee changes

Get great content like this right in your inbox. Subscribe Visa is reportedly going to charge higher fees for e-commerce transactions, and retailers aren’t happy. The Retail Industry Leaders Association (RILA) issued a statement criticizing a report in Bloomberg that Visa plans to increase the interchange rates retailers pay per card transaction for some types …

Retailers oppose reported Visa swipe fee changesRead More

India’s proposed changes in duty free purchase limits may dent the country’s duty free market growth prospects, says GlobalData

In January 2020, India’s Commerce and Industry Ministry proposed plans to limit duty free alcohol and cigarettes sales to inbound travellers – limit on alcohol bottles would be reduced to one bottle or one litre from the current two bottles or two litres, while cigarettes would be slashed completely, says GlobalData, a leading data and …

India’s proposed changes in duty free purchase limits may dent the country’s duty free market growth prospects, says GlobalDataRead More

How Accountants Can Mindfully Cope With Changes To The Accounting Profession

The accounting profession is on the same roller coaster of unprecedented levels of change as the rest of the world. We think we are used to change because that is the nature of accounting thanks to the changing landscapes of courts, the business environment, technology and government. Now we are also experiencing a world where …

How Accountants Can Mindfully Cope With Changes To The Accounting ProfessionRead More

Leadership changes at Target | Chain Store Age

Get great content like this right in your inbox. Subscribe Mark Schindele A longtime Target exec is retiring. Target announced the retirement of executive VP and chief stores officer Janna Potts, who has been with the retailer for 30 years, serving in a variety of leadership roles. Potts, who will remain with the company in …

Leadership changes at Target | Chain Store AgeRead More