New Jersey retailers previously pressed for a state solution to the sales tax loophole for their online-only competitors, but that effort stopped when the Christie administration cut a deal with Amazon.com to collect the sales tax.
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Retail
Assembly sends minimum wage question to voters
Voters will have the final say on whether New Jersey’s minimum wage goes up.
Read More »Sales accelerating at N.J. auto dealers as recession fades into rearview
New Jersey auto dealerships that weathered the past recession are seeing improved results that reflect the continued recovery of U.S. auto sales, said George E. Berry Jr., a partner in the Mironov Group, an Edison-based CPA firm specializing in accounting and consulting services for auto dealers.
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New distillery is proof of a more business-friendly regulatory climate
With a more business-friendly director at the helm, the Division of Alcoholic Beverage Control has opened the door for spirits to join wine and beer in the state's growing craft alcohol industry.
Read More »Sales don’t match boasts of Christmases past, but retail on positive trajectory
Though sales growth among New Jersey brick-and-mortar retailers throughout the 2012 Christmas season was weaker than the previous year's Christmas boost, the scope of leasing activity in the state indicates the sector is on a positive trajectory, according to a survey by retail real estate services firm Levin Management Corp.
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N.J. native designs digital coupon app, gets bought out
“During our first few months at Harvard, we looked at different markets and started seeing what we could take advantage of, and we stumbled on the market of grocery coupons,” said Jason Gurwin, who co-founded Pushpins with his Harvard classmate, Peter Michailidis. “Grocery coupons have practically been done the same way they were done 100 ...
Read More »Hockey’s return to Newark welcomed by restaurants and shops catering to Devils fans
Scott Kleckner, general manager of the Newark Dinosaur Bar-B-Que, said his restaurant leaned on its lunch and catering businesses to remain stable throughout the lockout, but he missed the exposure from being located across the street from the arena.“The Devils have a great fan base, and for us, the games are an opportunity to have ...
Read More »Camileon Heels steps up promotion of retractable technology
After successfully testing the market and a $450 price point two years ago with 6,000 pairs of shoes manufactured in the same Italian factories as Chanel and Gucci, Flannery purchased 100 percent of the company from Philadelphia radiologist Dr. David Handel, who came up with the convertible footwear concept after spotting business women in New ...
Read More »As wine retail chain moves online, relationships with suppliers come in handy
On WineFlash.com, Wade offers one popular wine to U.S. consumers each day at the best price available on the Web. While his business model closely follows other wine flash sites like New Jersey-based WinesTilSoldOut.com, Wade’s platform stands out from its competition by providing free shipping to customers that complete a minimum three or four bottle ...
Read More »Robbinsville lands coveted Amazon.com warehouse
“We understand Amazon could have chosen anywhere in New Jersey to build its new distribution center, and we are fortunate to have the infrastructure and resources to meet their needs and consummate one of the most sought-after business partnerships in recent memory,” Robbinsville Mayor Dave Fried said in a statement. “With hundreds of new jobs ...
Read More »Retailer seeks bankruptcy protection to rebuild from Sandy losses
According to Big M Chief Restructuring Officer Glenn Langberg, the firm obtained a new revolving line of credit to pay back its nearly $15 million in debt before the end of 2012 after implementing a restructuring plan that cut down on overhead costs and closed underperforming stores.Langberg said the company was poised for positive growth ...
Read More »Large, small retailers exchange expertise in Christmas marketing
According to a survey of 100 chief marketing officers performed by BDO USA LLP, 86 percent of retailers will be using social media in their holiday promotion strategies, up from 4 percent in 2007.
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