Textile exporters from Pakistan have expressed disappointment on the withdrawal of zero-rating regime for the export-oriented sector stating that the withdrawal is adversely affecting exports at a time when huge amounts of Sales Tax Refunds ...
The bankrupt Boston-area pharmacy that allegedly made tainted steroid injections which sickened hundreds and killed 64 will compensate victims, officials say. Paul D. Moore, the bankruptcy trustee involved in the negotiations with the ...
Tags: bankrupt Boston-area pharmacy, tainted steroid injections, meningitis
The South China province of Hainan, famous for its resorts, has seen a surge in offshore duty-free shopping, with total sales revenue of 6.3 billion yuan ($1.03 billion) between April 2011 and Dec 2013. In that period, Hainan saw over ...
Tags: Duty-Free Sales, resorts
Aiming to address the issues of the textile industry of Punjab, the Regional Managing Committee of All Pakistan Textile Manufacturers Association (APTMA) has formed working sub-committees. The Committee in its very first regional ...
Tags: Textile Industry, APTMA
Genesco Inc. reported earnings from continuing operations for the first quarter ended May 4, 2013, of $18.5 million, or $0.78 per diluted share, compared to earnings from continuing operations of $20.8 million, or $0.86 per diluted share, ...
Tags: Genesco, Apparel&Accessories, Dennis
Net income fell 11% to $18,382,000 from $20,614,000 for the three months ended May 4 on a 1% sales decline to $591,388,000 to $600,144,000 which included an oberall 4% comp store decline. Journeys comped down 2% while lids comped down 6% ...
Tags: Genesco, Momentum Building
The Pakistan Textile Exporters Association (PTEA) has urged the new incoming PML-N Government to formulate new policies to boost the country’s exports. A new policy designed by taking all stakeholders into confidence could boost the ...
Furniture Today will broadcast an exclusive webcast on June 5 by Jerry Epperson on the "State of the Industry" in 2013, sponsored by Nationwide Marketing Group. Click here for details. "2013 began with lots of challenges, mostly out of ...
Tags: Furniture, Furnishing
Textile exporters in Pakistan are experiencing severe financial crisis as much of their money is blocked with different Government departments, which are delaying refunds for sales tax, customs, local taxes and federal excise duty, Asghar ...
Tags: Delayed Tax, Textile Exporters
Rent-to-own powerhouse Aaron's Inc. said first-quarter revenues edged up 1.6%, reflecting slower than expected growth due to the January payroll tax increase and delayed income tax refunds. The company said lease revenues and fees rose 8% ...
Tags: Aaron, Furniture, Furnishing
Retailers, encouraged by the housing market rebound and improving sales trends, are headed to the High Point Market with fairly lengthy shopping lists and an eye on some key categories, color and style trends. For some stores, business ...
Tags: Sales Trends, Furniture, Furnishing
Amid signs of gradually improving business conditions, motion furniture and recliner resources are launching an aggressive round of product introductions at the High Point Market as they try to reach a broader range of consumers with the ...
Tags: Furniture, Furnishing
Consumers cooled spending in March as the impact of colder weather across the country and harmful fiscal policy, namely the payroll tax hike, caught up to the economy and weakened retail sales. According to the National Retail Federation, ...
Tags: Economic Policy, Retail Sales
Coming off a better than expected month in February, retail sales were somewhat lackluster in March, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported ...
Tags: retail sales, retail, Manufacturing
Some U.S. taxpayers may have to wait a bit longer than usual to get their refunds, due to problems that recently cropped up with Intuit's tax-preparation software. Last week, the Minnesota Department of Revenue said state taxpayers ...