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Tyson Foods said costs related to COVID-19 totaled $340 million, and that did not include direct costs related to absenteeism. The expense hurt the meat giant’s bottom line in the…
by - July 30, 2020 3:44 pm
Tyson Foods announced Thursday (July 30) a new COVID-19 monitoring program focused on continued testing of workers and expanded medical staffing in order to strengthen protections against the virus in…
by - July 30, 2020 11:43 am
Tyson Foods is expected to report leaner third-quarter net income and revenue amid challenging poultry fundamentals, ongoing pressures from COVID-19 and its impact on meatpacking plants and weak demand from…
by - July 30, 2020 11:23 am
Walmart is restructuring its U.S. business and hundreds of employees are being laid off, according to sources. The downsizing, according to sources familiar with the company, is part of Walmart’s…
by - July 29, 2020 1:00 pm
There are several suitors vying for JCPenney, which filed bankruptcy in May. Sycamore Partners, a private equity firm based in New York, is the leading bidder at $1.75 billion, with…
by - July 29, 2020 11:18 am
Tyson Foods and Wayne Farms were named in a federal lawsuit filed Tuesday (July 28) in the District of Columbia by the United Food Commercial Workers Union (UFCW) against the…
by - July 28, 2020 2:40 pm
The Supply Chain Management department at the University of Arkansas recently gained national recognition as the No. 1 ranked undergraduate program for supply chain logistics in North America. Global research…
by - July 27, 2020 3:11 pm
Joe Donaldson, head of family-owned Sam’s Furniture in Springdale, dreams big. He has plans for another business expansion, adding to the nearly 170,000 square feet of showroom and warehouse space…
by - July 27, 2020 12:28 pm
Ascena Retail Group, parent of Ann Taylor, LOFT, Lane Bryant, Catherines, Justice and Lou Grey stores, filed bankruptcy July 24 and plans to close more than half of its nearly…
by - July 23, 2020 2:41 pm
Bentonville, Fayetteville, Rogers and Springdale reported sales tax revenue of $6.169 million in the July report, down 5.96% from the year-ago period. Revenue fell in three of the cities, with…
by - July 22, 2020 3:46 pm
The Northwest Arkansas Council for the first time held its annual meeting Wednesday (July 22) via Zoom, with presiding co-chair Todd Simmons saying he hopes it will be the last…
by - July 21, 2020 7:07 pm
SALT Heath in Bentonville is a new primary care health model that focuses on wellness, diet and exercise, according to Dr. Aunna Herbst, a family physician focused on patient health…
by - July 21, 2020 12:18 pm
Walmart announced Tuesday (July 21) its third cash bonus for workers in stores, clubs, distribution centers and fulfillment centers for their work with the public during the COVID-19 pandemic. Full-time…
by - July 20, 2020 4:13 pm
Tyson Foods and other top chicken processors have been hit hard by the COVID-19 pandemic with positive cases reducing plant production while consumer demand and prices continue to take a…
by - July 18, 2020 10:12 am
Jennifer Cummins grew up on a dairy farm in Twin Falls, Idaho, and earned a law degree from the University of the Pacific in California. Her love for the farming…
by - July 16, 2020 4:21 pm
The retail supply chain has seen dramatic shocks amid the COVID-19 outbreak. Two of the largest logistics and transportation companies in Northwest Arkansas said technology innovation investments had helped better…
by - July 16, 2020 12:34 pm
Consumers turned out in droves to purchase apparel in stores and online in June, sending retail sales for the month up 7.5% from the prior month, according to the U.S….
by - July 15, 2020 12:35 pm
With the number of known COVID-19 cases in the U.S. near 3.5 million and deaths just under 137,000, Walmart and Sam’s Club said Wednesday (July 15) they will require customers…
by - July 14, 2020 2:50 pm
Walmart is the lead company on another $1.2 billion investment into Flipkart, according to a report from Tech Crunch. Walmart acquired a 77% majority interest in Flipkart in August 2018…
by - July 13, 2020 4:41 pm
Walmart wins market share in online grocery, but Amazon has a slightly higher customer satisfaction score, according to a recent shopping survey report from Retail Feedback Group (RFG). As more…
