Costco Wholesale Corporation Reports October Sales Results

Bookstore sales continued their strong rebound in 2021 over 2020 in November. Preliminary estimates from the U.S. Census Bureau indicate bookstore sales were $709 million, up 43% over the $496 million in sales from November 2020. This increase followed a 53% sales jump for year-to-year October sales.

The state of South Dakota wants the U.S. Supreme Court to get involved in the state’s battle to require larger e-retailers to collect sales tax from state residents and remit them to South Dakota. If the high court accepts the case, its decision could determine whether online retailers can be required to collect sales tax nationwide. The state on Monday petitioned the U.S. Supreme Court to review a decision by the South Dakota Supreme Court in the state’s case against online retailers Wayfair Inc., No. 16 in the Internet Retailer 2017 Top 500; Newegg Inc. (No. 21); and Overstock.com Inc. (No. 30). The South Dakota Supreme Court decision lets stand a lower court ruling preventing the state from enforcing a law that openly challenges the prevailing Supreme Court ruling that absolves retailers from having to collect sales tax in states where they have no physical presence. Click Read More below for additional detail.

TIME ranks #1 most trusted news brand and PEOPLE ranks #1 most trusted entertainment news brand, according to a new study released by Sharethrough. The study was conducted to compare trust, transparency and engagement between premium publishers and social media platforms – revealing that premium publishers rank ahead of Facebook and Twitter. According to the results, Time Inc.’s TIME and PEOPLE are the most trusted premium publishers, when comparing the mindset of audiences that access news content through premium publishers versus major social media platforms. Click Read More below for additional information.