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Tyson, beef industry applaud full access for exports to Japan
Japan is the largest market for U.S. beef by a long shot despite some restrictions to variety meats and age guidelines that have been relaxed over the years. This week,…
Author: Kim Souza
by - May 16, 2019 6:23 pm
The Supply Side: Rogers company lands skin care product in Walmart
Bodylove Naturals owners Stacey Antonelli and Wyatt Foley pitched their all-natural skin care product to Walmart at Open Call in June 2018. Walmart gave them a green light for the…
by - May 16, 2019 4:22 pm
Slowing U.S. economy, home prices biggest threats to Northwest Arkansas growth
A slowing U.S. economy, ongoing trade wars and tariff impacts are the biggest threats to growth in Northwest Arkansas, according to Mervin Jebaraj, director of the Center for Business &…
by - May 16, 2019 11:43 am
First quarter revenue up 1% for Walmart, same-store comps up 3.4%
Same-store sales growth of 3.4% helped Walmart score net income of $3.842 billion in the first fiscal quarter ended April 30, up 80% from the $2.134 billion in the same…
by - May 15, 2019 1:32 pm
Tyson CEO sees opportunity amid African Swine Flu epidemic
African Swine Flu (ASF) has already killed more hogs in China than the U.S. will produce this year, according to Tyson Foods CEO Noel White. Speaking at the BMO Capital…
by - May 14, 2019 12:01 pm
Walmart adds one-day delivery for online orders in Las Vegas, Phoenix
Walmart said Tuesday (May 14) it will add free next-day delivery in Las Vegas and Phoenix on a wide range of general merchandise from Walmart.com. Walmart U.S. eCommerce CEO Marc…
by - May 14, 2019 7:45 am
Cattle, beef prices move past spring peaks
Fed cattle prices continued to rally through April and surpassed seasonal peaks in March, according to Derrell Peel, agriculture extension specialist with Oklahoma State University. He said April looks to…
by - May 13, 2019 6:15 pm
White House working on farmer aid to ease impact of retaliatory tariffs
In response to the latest round of retaliatory tariffs by China on U.S. goods, President Donald Trump said his administration is working on an aid package for farmers. The package…
by - May 13, 2019 4:59 pm
Walmart expected to report leaner profits, despite modest revenue growth
Retail behemoth Walmart Inc. will report first-quarter earnings Thursday (May 16) before the opening bell. Wall Street anticipates net income of $2.925 billion for the quarter ending April 30, or…
by - May 10, 2019 9:19 am
Tyson Foods to invest $300 million in new beef plant in Salt Lake City
Tyson Foods announced Friday (May 10) an expansion to its Fresh Meats division, with plans to build a $300 million plant in Salt Lake City, Utah, for case-ready meat. The…
by - May 9, 2019 4:00 pm
Mother’s Day spending estimated to reach record of $25 billion
With a strong economy, consumers are expected to spend big on moms this Mother’s Day for a record $25 billion, up 8.22% from the $23.1 billion reported a year ago…
by - May 8, 2019 6:55 pm
Duluth Trading Co. in Rogers to open May 9
Wisconsin-based Duluth Trading Co. will open its first store in Arkansas on Thursday (May 9) at 3200 S. 27th Street in Rogers, just south of AG Russell Knives and the…
by - May 7, 2019 6:45 pm
Walmart debuts PetRx site, part of effort to grow share against Amazon, Chewy
Walmart announced Tuesday (May 7) a new website that allows consumers to shop for pet medications online, promising to deliver low prices and the convenience of free two-day delivery for…
by - May 6, 2019 11:32 am
Tyson Foods trades up on African Swine Flu fears, outperforms expectations
Tyson Foods outperformed Wall Street estimates in the second quarter ending March 30, with net income of $426 million, or $1.20 per share, on an adjusted basis and $1.17 on…
by - May 5, 2019 5:38 pm
The Supply Side: Walmart.com counting on store sales in new retail reality
Retail realities are shifting, and many categories from apparel to pets are moving online. But that does not negate the importance of brick-and-mortar that continues to pay the bills for…
by - May 2, 2019 1:48 pm
Tyson Foods expected to report lower second-quarter profits
Tyson Foods is expected to report lower earnings on Monday (May 6) ahead of the market opening. Wall Street analysts have pegged the second fiscal quarter profits at $1.14 per…
by - May 1, 2019 4:51 pm
Asda-Sainsbury’s ruling likely means a delayed U.K. exit for Walmart
A plan to merge Walmart-owned Asda with Sainsbury’s, partially motivated by Walmart’s desire to focus on higher growth markets in China, India and Mexico, has been rejected by United Kingdom…
by - April 30, 2019 6:34 pm
USDA, Walmart, Amazon pilot online grocery access for SNAP recipients
Walmart, Amazon and other grocery retailers have teamed up to allow access to online grocery services to recipients of the Supplemental Nutrition Assistance Program (SNAP). Officials with the USDA, which…
by - April 29, 2019 11:40 am
Walmart CEO reflects on five years, says growth requires risk and change
Doug McMillon, CEO of Walmart, recently shared revelations with shareholders about his five years in the job, underlining the importance of staying true to lessons and principles left by founder…
by - April 28, 2019 10:24 am
The Supply Side: WhyteSpyder morphs into tech company with SKU Ninja
Retail commerce continues to transition into an omnichannel business with retailers like Walmart investing heavily in online and in-store pickup and e-commerce giant Amazon also looking at more brick-and-mortar stores…