By Consumer Business Practice Leaders | April 24, 2017

Webinar Recap: How to Prepare an RFP for Credit Card Processing Services

When's the last time you assessed your credit card processing needs? Regardless of whether it's been a short time or several years, because of both increased security issues and advances in technology it may be time to consider issuing an RFP for your credit card processing services.

By Jakob Sand | March 07, 2017

Dollar Shave Club Opens Door for Next $1 Billion eCommerce Subscription Company

The meteoric rise and subsequent billion-dollar acquisition of the subscription-based eCommerce company Dollar Shave Club has sent shockwaves through the commerce industry. It raises the question of who will be the next company to go for the same sum that Unilever paid. BDO...

By Consumer Business Practice Leaders | February 23, 2017

State and Local Tax Considerations for Retailers Closing Their Doors

As the retail industry evolves to become more dependent on e-commerce, many traditional brick-and-mortar brands are moving online to internet sales. Subsequently, these retailers are planning to close some, if not all, of their physical locations, including brand names such as...

By Consumer Business Practice Leaders | February 15, 2017

Webinar Recap: The R&D Tax Credit: Opportunities for Retailers

Though retail and research and development (R&D) may seem like strange bedfellows, the wholesale and retail industry is responsible for claiming seven percent of the available R&D tax credit, with 1,100 returns claiming the credit in 2013, according to the IRS. Earlier this...

By Michael Metz | February 07, 2017

Potential Implications of a Destination-Basis Tax System for U.S. Retailers

Masked in myriad suggestions for comprehensive tax reform is a proposal that could have a significant impact on the U.S. retail industry. The plan, contained in the House Republicans tax blueprint A Better Way: Our Vision for a Confident America, seeks to change the way...

By Dennis Hoyt | January 31, 2017

Treasury Considerations for the Retail Industry

Earlier in January, I sat down with several of BDOs clients to discuss key treasury considerations for areas including controls, vendor services and financing. Below, I summarize the main takeaways and need-to-know information from the discussion.

By Consumer Business Practice Leaders | January 13, 2017

Retail Board Director Pay Decreases Between 2014 & 2015 - BDO Study

Board director compensation levels for middle market companiesincluding retailerskept pace with the economy during 2014 and 2015, according to the recently released BDO 600: 2016 Survey of Board Compensation Practices of 600 Mid-Market Public Companies.