Retail

7-Eleven Goes High-Tech – FiDi

 7-Eleven has gone high-tech.

New Lower Manhattan 7-Eleven

The chain’s expansive new Financial District outpost, which sits at the corner of John and Pearl streets, boasts touch-screen ordering, free Wi-Fi, a huge flat-screen TV and even an Amazon Locker — a kiosk where Amazon customers can pick up their online-ordered goods.

The new 7-Eleven opened last week —  just in time to celebrate the chain’s annual “Free Slurpee Day” on July 11 — and looks more like a cafe than a convenience store, with enough space to seat about 25 people.

New York Restores Apparel Sales-Tax Break on Items Under $110

By Elizabeth Ody – Mar 28, 2012 2:04 PM ET

Those shoes you’ve been eyeing at DSW Inc. (DSW) will cost you less starting April 1 when New York state raises the sales-tax exemption to $110 for clothing and footwear purchases.

Shoppers will get a break from the 4 percent state sales tax as well as a 0.375 percent Metropolitan Commuter Transportation District tax. In New York City, purchases under $110 have already been exempt from the city’s own 4.5 percent sales tax which makes a total of 8.875 percent or about $8.88 in savings on a $100 item.

“You can’t split a suit in half,” to meet the exemption, said Wayne Berkowitz, a partner and head of the State and Local Tax Group with Berdon LLP in New York. “If you’re buying five items and they’re all under-$110 items, you’re good.”

The full tax exemption returns after a more than one-year hiatus when it was amended to help close a state budget shortfall. From October 2010 to March 2011 there was no relief from the state sales tax or the commuter surcharge. Those breaks returned for items of less than $55 in price from April 2011 through March.

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