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Consumers did not live up to analysts’ predictions of spending on Black Friday and Cyber Monday, two of the biggest shopping days of the year. Adobe Analytics reports consumers spent $10.7…
by - November 27, 2021 3:37 pm
The off-price retail sector has quickly recovered following the pandemic, which temporarily closed stores much of last year. Three major off-price retailers, Burlington, Ross Stores and TJ Maxx, which have…
by - November 24, 2021 1:59 pm
Walmart and pharmacy competitors Walgreens and CVS said they are not to blame for the opioid crisis gripping the nation. Meanwhile, a federal jury in the U.S. Northern District Court…
by - November 23, 2021 3:09 pm
The financial strength of consumers, availability of the COVID-19 vaccine and rising wages have helped Northwest Arkansas’ four largest cities surpass their 2020 sales tax revenue. In their November reports,…
by - November 22, 2021 2:35 pm
On Monday (Nov. 22), Walmart said it was expanding its partnership with DroneUp to bring drone delivery to more Northwest Arkansas stores. The announcement comes as the retail giant has another…
by - November 20, 2021 8:39 am
Buy now, pay later financing is becoming a must-have for Walmart, Amazon, Target and a host of other retailers ahead of the holiday buying season. Walmart was the king of…
by - November 19, 2021 3:11 pm
Retail giant Walmart has drawn mixed sentiment among equity analysts in recent days despite returning strong fiscal third quarter results, garnering applause for navigating the ongoing supply chain disruptions, and…
by - November 17, 2021 5:15 pm
Consumers are expected to go shopping Thanksgiving week online and in stores with sales projected to grow 10% over last year and 12.2% from the same period in 2019, according…
by - November 16, 2021 2:45 pm
Bentonville-based Walmart reported consolidated net income of $3.105 billion in the period and while that was down 39.5% from $5.135 billion reported a year ago it was still better than…
by - November 15, 2021 1:09 pm
Rogers, Ark.-based startup SKU Ninja + WhyteSpyder, co-founded in 2010 by Eric Howerton and Alex Ahmad, has been acquired by London-based information and analytics firm Ascential for an undisclosed sum….
by - November 15, 2021 12:55 pm
Tyson Foods delivered better-than-expected earnings for its fiscal fourth-quarter. The Springdale-based meat giant reported net income of $1.355 billion in the quarter ending Oct 2, up from $654 million reported…
by - November 13, 2021 8:29 am
Fayetteville-based SupplyPike continues to provide technology for suppliers and manufacturers who do business with Walmart, allowing them to work out their invoice deduction disputes and other chargebacks in-house. Eric Smith,…
by - November 12, 2021 10:27 am
Walmart will report third-quarter earnings on Tuesday (Nov. 16) and the consensus earnings estimate per share is $1.40, up 4.47% from a year ago. Net income is pegged at $3.903…
by - November 11, 2021 1:03 pm
Tyson Foods is expected to earn $2.03 per share, or $749 million, for the period ending Sept 30. The estimate would be a net income gain of roughly 8.3% for the…
by - November 7, 2021 9:59 am
Walmart is testing a new replacement for single-use plastic shopping bags. Working with Closed Loop Partners’ Consortium to reinvent the bag, Walmart is testing several concepts, including some that use…
by - November 6, 2021 9:44 am
Organized retail crime remains a growing problem for retailers of all sizes. There are no signs of abatement, according to Tony Sheppard, a loss prevention specialist with software platform ThinkLP….
by - November 4, 2021 5:33 pm
Turkey is the main feature on Thanksgiving Day for many U.S. families but following a year of supply chain issues, inflationary prices and workforce shortages, turkey industry executives say consumers…
by - November 3, 2021 4:22 pm
The impact of the pandemic on the nation’s economy will be a key factor in retail sales during the 2021 holiday season, but the National Retail Federation is confident in…
by - November 2, 2021 12:43 pm
Walmart is upping the ante on its voice commerce capabilities by acquiring select assets of voice technology startup Botmock for an undisclosed amount. Cheryl Ainoia, senior vice president of retail services/emerging…
by - October 31, 2021 6:14 pm
Retailers are expecting big holiday sales and the National Retail Federation (NRF) predicts spending will range between $843.4 billion and $859 billion. The sales gain is forecast between 8.5% and…
