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Walmart and CVS Health reported Friday (Jan. 18) the two companies have reached an agreement that allows Walmart to remain part of the CVS Caremark prescription benefits management group. This…
by - January 17, 2019 4:20 pm
Northwest Arkansas is still a long way from becoming a healthcare destination on par with peer metro areas of Austin, Texas, Durham-Chapel Hill, N.C., or Madison, Wisc. according to a…
by - January 16, 2019 4:18 pm
CVS Health Corp. announced Tuesday (Jan. 15) that Walmart is exiting its prescription network over pricing disputes. Walmart confirmed the discussions over price continue with CVS Caremark, which manages the…
by - January 16, 2019 1:44 pm
Walmart announced this week its new high-tech consolidation center under construction in Colton, Calif., is slated to come online in July. The 340,000-square-foot facility will be the first in Walmart’s…
by - January 16, 2019 1:11 pm
Online grocery is slowly growing its share in the U.S., but in the next five years, analysts expect e-commerce food sales will be a $59.5 billion market, a compound annual…
by - January 15, 2019 2:52 pm
Walmart Inc. unveiled its revamp of the Walmart On Campus store at the University of Arkansas this week after an extensive remodel and the addition of a pickup lockers, which…
by - January 14, 2019 7:08 pm
Tyson Foods CEO Noel White announced several management changes in connection with the meat giant’s recent acquisition of Keystone Foods. White made the announcement late Monday (Jan. 14) in an…
by - January 14, 2019 2:03 pm
Since Amazon acquired Whole Foods in 2017, the world has been watching closely to see how the e-commerce giant would use the grocery chain to expand its own food business….
by - January 11, 2019 11:11 am
Robust consumer spending at retail during the 2018 holiday season resulted in the best December same-store sales growth (2%) the restaurant industry has seen since August 2015, according to Dallas-based…
by - January 10, 2019 12:43 pm
Target CEO Brian Cornell announced Thursday, (Jan. 10) several key promotions in the company’s leadership team. Cornell said Cathy Smith, chief financial officer, is retiring from that position and will…
by - January 9, 2019 3:38 pm
Consumers across the U.S. rank Trader Joe’s, Costco and Amazon as the top grocery retailers according to the dunnhumby Retailer Preference Index released this week. The nationwide study examined the…
by - January 8, 2019 2:39 pm
Returns are part of the retail business as consumers often change their minds after making a purchase. In 2018, the value of returned merchandise in the U.S. totaled nearly $369…
by - January 7, 2019 1:22 pm
Roughly 93 million Americans overspent on their holiday purchases according to WalletHub’s post-holiday shopping survey. As the credit card bills begin to roll in over the next few weeks, WalletHub…
by - January 3, 2019 3:41 pm
In early 2019, consumers across Northwest Arkansas will be among the first in the country to eliminate clunky coin change using digital piggybank software developed by Bucket Technologies. Bringing the…
by - January 1, 2019 1:34 pm
Italy-based Colavita, a longtime Walmart food supplier, embraces the challenges of balancing online commerce and subscription-based meal kits with expanding its brick-and-mortar presence. It’s not often a family-owned business based…
by - January 1, 2019 12:59 pm
The Millennial generation is too big to ignore and is expected to surpass the Boomers as the nation’s largest generation in 2019, according to the Pew Research Center. The sheer…
by - January 1, 2019 12:52 pm
The U.S. Department of Agriculture Research Service estimates retail beef and chicken prices are poised to rise in 2019, while pork prices could continue to decline. Beef production expanded further…
by - December 28, 2018 12:38 pm
When retail giant Walmart invested $16 billion into a majority stake of Indian e-commerce platform and logistics arm, Flipkart, it was the most expensive acquisition in the company’s 56-year history….
by - December 27, 2018 8:24 pm
The most expensive part of e-commerce delivery lies in the so-called “final mile” to the customer. Amazon spends about $7.5 billion annually on shipping costs for its 54 million Prime…
by - December 26, 2018 4:40 pm
The four largest cities in Northwest Arkansas reported strong sales tax growth though 2018. Bentonville, Fayetteville, Rogers and Springdale reported cumulative sales tax revenue through December of $72.99 million, up…
