by - January 23, 2024 2:15 pm
In addition to the departure of Scott Eckert, head of Walmart Store No. 8, three other senior-level Walmart executives are leaving their positions ahead of the company’s fiscal year-end on…
by - January 17, 2024 11:21 am
Retailers scrambled to use and improve technology during the pandemic as more sales migrated online. Now, startups focus on helping with better in-store execution, according to Scott Benedict, an adviser…
by - January 15, 2024 10:49 am
Spending rose 0.19% in December over the prior month and 2.4% year over year, according to the National Retail Federation (NRF) and CNBC/Retail Monitor. Core sales (excluding auto and gasoline)…
by - January 15, 2024 10:15 am
Eyewear sales are big business at Walmart, with 64% of U.S. adults wearing glasses. That’s one reason the retail giant partnered with Karün to sell sustainable eyeglass frames made from…
by - January 12, 2024 3:06 pm
Technology, including drone delivery and artificial intelligence (AI), are part of what will drive growth and customer interactions at Walmart. That was the core theme from Walmart CEO Doug McMillon…
by - January 11, 2024 2:34 pm
Consumer prices tracked a bit higher than expected in December with overall prices up 3.4% from a year ago and 0.3% higher than the prior month, according to the Consumer…
by - January 10, 2024 3:28 pm
Walmart is set to open on Friday (Jan. 12) its new 360,000-square-foot Walton Family Whole Health & Fitness center on its new home office campus – which is still under…
by - January 9, 2024 1:36 pm
With a wrap on the holiday season, inbound cargo volume at the nation’s major container ports is expected to slow during the first quarter of 2024, according to a report…
by - January 8, 2024 1:28 pm
Overall holiday spending estimates were somewhat tepid when adjusted for inflation, but the online portion of sales transactions between Nov. 1 and Dec. 31 rose 4.9% year over year, according…
by - January 3, 2024 4:29 pm
A group of contract growers that supplied chickens to Tyson Foods’ slaughter and processing plant in Dexter, Mo., have sued the company claiming a breach of contract following a plant…
by - January 3, 2024 1:57 pm
Preliminary U.S. holiday sales between Nov. and Dec. 25 rose 3.1% year-over-year, according to MasterCard Spending Pulse. The sales exclude auto purchases and include in-store and online purchases using all…
by - January 2, 2024 1:56 pm
A recession forecast for the end of 2023 never arrived and consumer and business spending remained steady in Northwest Arkansas. Year-end reports from Bentonville, Fayetteville, Rogers and Springdale show sales…
by - January 2, 2024 1:43 pm
Springdale-based Tyson Foods posted a net loss of $649 million for fiscal year 2023. As a result, top executives received smaller performance cash bonuses, but stock awards were considerably higher…
by - December 27, 2023 6:58 am
Retailers are on pace to shutter more than 3,448 U.S. stores this calendar year, according to Coresight Research. That compares to 3,807 store closures in 2022. The closures include 896…
by - December 20, 2023 3:17 pm
As more holiday sales gravitate online the fear increases of data breaches that could put shoppers’ personal data at risk, according to a recent survey report from cloud communications firm…
by - December 19, 2023 8:55 am
While mass retailers like Walmart and specialty retailers like Ulta Beauty have worked to become omnichannel by offering a unified shopping experience that bridges digital and physical commerce, the traditional…
by - December 17, 2023 8:44 am
With holiday shopping well underway, retailers large and small continue to wrestle with shipping options, return policies and overcoming cart abandonment from online shoppers. A new survey from shipping platform…
by - December 13, 2023 6:20 pm
The Retail Monitor Report for November – excluding automobile sales, restaurant and gas station receipts – shows retail sales were up 0.73% from October, and up 4.17% year over year….
by - December 7, 2023 11:42 am
Technology helping refugees better access healthcare and an app that connects Sam’s Club stores to local events were part of presentations heard by Walmart CEO Doug McMillon on Wednesday (Dec….
by - December 7, 2023 11:08 am
Radio-frequency identification (RFID) is going two-dimensional (2D) with enhanced capabilities in the supply chain. While RFID is not new and widely used in retail, 2D adds more transparency and provides…
