retail

Crestwood Mall
4:54 pm
Wed April 23, 2014

Crestwood Court Sells At Auction For $3.65 Million

Crestwood Court closed for business in 2013.
Credit Wikipedia

A shuttered St. Louis County mall has a new owner. 

The defunct Crestwood Court sold for $3.65 million on Auctions.com on Thursday afternoon. It came to that final price after a starting bid of $1 million.

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Business
4:55 pm
Thu December 1, 2011

Retailers push for “e-fairness”

The homepage of online retailer eBay.
(St. Louis Public Radio/Screen Capture)

Some retailers in Illinois are lobbying for E-fairness nationally; a move to require online vendors to charge sales tax just like brick-and-mortar businesses.

The Illinois Retail Merchants Association helped push legislation through in Springfield this year to force remote online retailers with affiliates in the state to charge sales tax.

President and CEO David Vite says 18 e-commerce businesses have registered with the Illinois Department of Revenue since then bringing in $1.5 million.

Vite says the effort in Illinois helped spur a push for a federal law.

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