Private investment firm Comvest Partners acquires the financially troubled e-retailer, which filed for Chapter 11 bankruptcy protection in March.
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“My main advantage as an Internet seller is that I have a lot less overhead than bricks-and-mortar retailers do. So even if I have to charge sales tax at some point, I am still going to be able to beat them on prices.”
owner of the Cassette House
“We have to find a way to make the sales tax fair, because if the stores downtown collect it and the people who sell it over the Internet don’t, then the future of the sales tax is short.”
group director for economic development and commerce
National Governors’ Association