by - August 13, 2022 10:32 am
The National Retail Federation (NRF) reports that 10.6% of online returns are fraudulent, totaling more than $23 billion in 2021. It is often a retailer’s best customers who are taking…
by - August 11, 2022 3:24 pm
All eyes will be watching Tuesday (Aug. 16) as Walmart reports fiscal second-quarter earnings. With more than 230 million shoppers visiting stores each week, the retail giant is seen as…
by - August 10, 2022 3:03 pm
Consumers saw the highest grocery prices in 43 years in July, with food at home costs rising 10.9% from a year ago. Food eaten in restaurant costs were 13.1% higher…
by - August 10, 2022 1:33 pm
Inflation is taking a toll on family budgets just as the back-to-school shopping season gets underway. The National Retail Federation reports that 38% of families admit having to cut back…
by - August 9, 2022 3:03 pm
Port congestion has been a major challenge for retailers in the past 18 months. But after a record-setting spring, imports at the largest U.S. ports are expected to slow for…
by - August 8, 2022 12:56 pm
Tyson reported adjusted net income of $1.94 per share, 3 cents short of estimates and 28% lower than a year ago. Without adjustments, Tyson had net income of $750 million, up…
by - August 4, 2022 4:47 pm
Tyson Foods, like many food companies, is expected to report mixed earnings Monday (Aug. 8) for the company’s fiscal third quarter ending June 30. Analysts expect the Springdale-based meat giant will…
by - August 3, 2022 6:31 pm
Walmart confirmed Wednesday (Aug. 3) that the company is restructuring several of its departments within the corporate structure which will result in the loss of about 200 jobs in Bentonville…
by - August 2, 2022 5:57 pm
Consumers limited trips to restaurants during the second quarter of 2022, according to the NPD Group. Inflation and menu price increases led to a 2% dip in physical and online…
by - August 2, 2022 2:45 pm
Retailers large and small are likely to continue managing through a mountain of challenges in the back half of 2022. Continued supply chain delays, escalating prices, labor shortages and the…
by - July 31, 2022 9:13 am
As Walmart wraps up its ninth year of what is to be a two-decade-long manufacturing jobs initiative, more manufacturers are showing interest in onshoring some of their overseas production, according…
by - July 28, 2022 3:11 pm
The leisure and hospitality sector in Northwest Arkansas continues to expand. Pinnacle Hills Promenade is getting its first aquarium as The Blue Zoo interactive petting zoo and aquatic entertainment venue…
by - July 27, 2022 4:50 pm
Tyson Foods filed a petition with the U.S. Supreme Court on Friday (July 22) seeking relief from liability stemming from four COVID-related deaths of its employees during the early days…
by - July 27, 2022 10:35 am
Sales tax revenue was up 18.67% in Northwest Arkansas’ four largest cities’ July report. Bentonville, Fayetteville, Rogers and Springdale reported cumulative sales tax revenue of $8.988 million, up more than…
by - July 25, 2022 5:59 pm
Walmart is the second major big-box retailer to lower earnings guidance in recent weeks as consumer spending on non-essentials is slowing amid the highest price surges for food and fuel…
by - July 22, 2022 11:45 am
This month, Walmart turned 60 years old, but the retail giant is not resting on its laurels. “We might be the largest retailer, but we also want to be the…
by - July 19, 2022 10:54 am
When 44-year-old Sam Walton opened the first Walmart in July 1962, the economy was recovering from a recession. Unemployment was high, as were taxes. But that did not stop the…
by - July 16, 2022 11:39 am
Field Agent, a company based in Fayetteville, was founded 12 years ago on the principle of solving problems for retail suppliers. Today, the company continues to evolve by launching a…
by - July 13, 2022 2:27 pm
Deanah Baker, senior vice president of apparel for adults, kids, baby and shoes, is retiring from Walmart after 32 years with the retail giant. Her last day will be July…
by - July 12, 2022 4:02 pm
Consumers are seeing record grocery prices with the latest inflationary report indicating prices are up 15.1% from a year ago and up 7.4% since the start of 2022, according to…
