Items tagged with online sales

Best Buy said that "accelerating online growth" is its No. 1 priority in fiscal 2014, and it's well on its way to doing that. It's online sales grew 11.2 percent last quarter, after having already jumped 25.4 percent in the same quarter a year ago, the electronics chain revealed when announcing financial results for its fiscal fourth quarter. Even still, Best Buy posted a loss of $409 million after paying preferred dividends for the three-month period ended February 2, or $1.21 per share. On the bright side, that's down from a loss of $1.82 billion, or $5.17 per share, a year ago. "These results... Read more...
Right?  We all pay it if we live in California or other states which, when residents order from online retailers, aren't charged the normal exhorbitant sales tax (8% or more, depending on county, in California).  Sure we do.One advantage of online shopping is that many Web sites don't charge sales tax in California, making what you buy that much cheaper.But state officials want to remind shoppers that they still owe taxes on their purchases. Just report and pay what you owe when you file your annual tax returns.And of course, since it's the honor system, we all pay it right?  Of... Read more...