by - June 13, 2024 11:14 am
Walmart has a long history with private brands, offering over 29,000 products in 20 categories since 1983. Among these is the Ol’ Roy dog food brand, named after Sam Walton’s…
by - June 12, 2024 4:40 pm
Inflation pulled back in May as prices of food and goods receded but housing and insurance costs remain elevated, according to Wednesday’s (June 12) report from the U.S. Bureau of…
by - June 12, 2024 12:23 pm
A new report indicates consumers shopped less often for online groceries and consumables in May, with orders totaling $6.8 billion, down 0.4% from a year ago, despite looming inflation in…
by - June 11, 2024 5:23 pm
A group of 45 former poultry growers for Tyson Foods in Dexter, Mo., have filed a class action suit as Grandview Poultry against Springdale-based Tyson Foods and Cal-Maine Foods alleging…
by - June 11, 2024 4:03 pm
Walmart U.S. comprises 68% of the retail giant’s total revenue and 82% of operating income so its financial health is closely watched. Walmart U.S. CEO John Furner said he and…
by - June 10, 2024 12:51 pm
The National Retail Federation (NRF) reported Monday that consumer spending on goods rebounded in May from April’s flat results. Retail sales, excluding automobiles and gasoline were up 1.35% from April…
by - June 8, 2024 10:13 am
Walmart CEO Doug McMillon challenged the 2.2 million employees around the world to go for the gold like Simone Biles, win championships like NFL quarterback Peyton Manning, or NBA star…
by - June 7, 2024 8:58 am
Bentonville-based Walmart, which has been testing digital shelf labels (DSL) since early 2019, announced Thursday (June 6) that a partnership with VusionGroup will add DSLs to 2,300 U.S. stores by…
by - June 5, 2024 6:46 pm
Brooks Nelson said after the tornadoes and severe weather that hit Benton County on May 26, Walmart worked with nonprofit partners to bring in mobile units to provide basic services…
by - June 5, 2024 1:53 pm
Walmart shareholders on Wednesday (June 5) ushered in a new slate of directors that included one less Walton. Rob Walton, 79, who logged nearly five decades of board service, is…
by - June 5, 2024 8:23 am
Two years after Walmart tested a program for employees to become truck drivers, the retail giant is expanding the program to include training for employees to pursue maintenance, refrigeration and…
by - June 3, 2024 11:51 am
Global e-commerce sales are expected to grow 8.9% annually through 2028 to $6.8 trillion. A new report from Forrester also predicts U.S. online retail sales are expected to reach $1.6…
by - June 2, 2024 8:28 am
Parallel shifts in retail commerce over recent years have been driven by global events and the rapid emergence of technology that is transforming the way retailers operate and customers shop….
by - May 29, 2024 2:29 pm
According to industry data, the retail industry has an estimated $380 billion annually from overstocks, out-of-stocks and other inventory challenges that result in lost sales or deep discounts for suppliers…
by - May 24, 2024 10:24 am
Recent consumer surveys indicate a majority of Americans plan to celebrate Memorial Day, and 95% plan to purchase food and alcohol for family gatherings, according to data marketer Numerator. Numerator…
by - May 22, 2024 4:06 pm
Bentonville, Fayetteville, Rogers and Springdale cumulatively had sales tax revenue of $9.614 million in the May report posted by the cities, down 0.51% from a year ago. May was the…
by - May 20, 2024 3:08 pm
A report from the Union of Concerned Scientists (UCS) alleges that water pollutants discharged from Tyson Foods’ processing plants “pose a risk to people and the environment and include large…
by - May 19, 2024 10:44 am
Recent surveys on buy now, pay later (BNPL) indicate that the deferred payment form is expected to surge in the next few years. BNPL drew widespread adoption during the COVID-19…
by - May 16, 2024 10:34 am
Walmart outperformed expectations in its first quarter earnings report Thursday (May 16). Its net income was $5.104 billion, up 205.1% from the year-ago period. Earnings per share were 63 cents,…
by - May 15, 2024 4:53 pm
Tyson Foods’ stock price edged up Wednesday (May 15) following comments made by CEO Donnie King and Chief Financial Officer John R. Tyson at the BMO Global Farm to Market…
