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The National Retail Federation (NRF) and Prosper Insights estimate 81% of Americans will spend a record $24 billion on Easter, up 15.38% from a year ago. Per capita spending is…
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Walmart on Thursday (March 23) announced worker layoffs in at least five U.S. e-commerce fulfillment centers. Walmart said the impacted workers were asked to find other jobs within 90 days…
by - March 17, 2023 8:12 am
Dacona Smith, the highest-ranking Black executive at Walmart U.S., has retired. Cedric Clark filled Smith’s position as executive vice president of store operations. Clark made that announcement on LinkedIn following…
by - March 15, 2023 5:14 pm
It’s been a long way to the top for Shelley Simpson, president of J.B. Hunt Transport Services, who started her career in logistics as an hourly customer service employee 27…
by - March 15, 2023 12:53 pm
The once-thought-dead mall and brick-and-mortar retailers may see a rebound in traffic this year, but retail insiders say the gap between the winners and losers will also likely widen. Carol…
by - March 14, 2023 11:44 am
The news hit like a freight train Monday (March 13) when Tyson Foods quietly announced the closure of its large chicken processing facility in Van Buren – a facility that…
by - March 13, 2023 5:07 pm
Despite inflation in the food sector, consumers are purchasing more fresh meat than before the COVID-19 pandemic because eating meals at home has become more important for American families, according…
by - March 12, 2023 10:08 am
Major retailers have long used private labels to create unique brands, with the average industry share penetration for such brands at 18.2% at the end of 2022, according to Food…
by - March 8, 2023 2:45 pm
The National Retail Federation (NRF) said it expects import cargo volume to rebound this month slowly, but overall the gains are expected to be small through mid-summer, according to data…
by - March 5, 2023 10:27 am
The Conference Board reported in November that record inflation in energy and food categories was shifting consumer preference toward less pricey alternatives and away from more expensive sustainable products. “Even…
by - March 1, 2023 5:38 pm
Springdale-based Tyson Foods and George’s Inc. were among the 13 companies found to have used Packer Sanitation Services who hired minority workers ages 13-17 working overnight shifts in plants around…
by - March 1, 2023 3:32 pm
Tyson Ventures is seeking applications for startups to take part in a July 11 investor demo day. Tyson Ventures is looking for startups that offer “upcycling” technology, which provides for…
by - February 27, 2023 3:26 pm
Bentonville, Fayetteville, Rogers and Springdale reported cumulative sales tax revenue of $10.052 million, up 8.66% in the cities’ respective February reports. The February reports show tax revenue for goods and…
by - February 26, 2023 10:05 am
Walmart’s sister company Sam’s Club again finds itself battling the big dog with the recent launch of Walmart Business, an e-commerce site geared to serve large- and small-business customers. When…
by - February 18, 2023 9:44 am
Retailers seem to agree that one sector that’s ripe for disruption is healthcare. Multiple companies are making moves to fill the gaps they see by investing in providing health and…
by - February 14, 2023 6:53 pm
Walmart is closing technology hubs in Austin, Texas, Carlsbad, Calif., and Portland, Ore., with the hundreds of employees at the locations invited to relocate to San Bruno, Calif., or Bentonville….
by - February 14, 2023 11:27 am
Equity market watchers expect lower quarterly earnings from Walmart when the retailer reports fiscal fourth quarter and full-year financials on Friday (Feb. 17). Lukewarm holiday sales are part of why…
by - February 13, 2023 1:37 pm
A November Deloitte survey found that 70% of consumer food and product manufacturers (CPG) indicated the sector expects this year to be more stressful than in the past five years….
by - February 9, 2023 3:35 pm
Tyson Foods shareholders met in downtown Springdale Thursday morning (Feb. 9) to approve a short business agenda, defeat an outside shareholder proposal and elect a slate of 13 directors to…
by - February 7, 2023 6:27 pm
Executives with J.B. Hunt Transport, Simmons Foods, Tyson Foods and Walmart on Tuesday (Feb. 7) spoke about expansion plans at the winter meeting of the Northwest Arkansas Council held at…
