Author: Kim Souza

Kim Souza

Arkansas exports of $5.9 billion sustain jobs in the state, WTC officials push support of TPP

Arkansas-based companies exported nearly $6 billion of goods last year, the majority of which went to Mexico and Canada. “There is one country that is the most significant trading partner….

The Supply Side: Skosay aims to bridge gap between brands, consumers

Editor’s note: The Supply Side section of Talk Business & Politics focuses on the companies, organizations, issues and individuals engaged in providing products and services to retailers. The Supply Side…

Tyson Foods exec says the company is ready for another acquisition, stock price jumps

Tom Hayes, president and soon-to-be CEO of Tyson Foods, said he’s tasked with growing the business and that will likely include acquisitions or investing in other companies. Hayes and Chief…

Wal-Mart investing $1.3 billion in Mexican business as FCPA scrutiny continues

Wal-Mart Stores confirmed plans to invest $1.3 billion in its Mexican operations to build a new distribution center and expand several others over the next three years. Walmart International CEO…

Credit card debt hit $21.9 billion in the third quarter, $80 billion by year end

American consumers cast positive votes about the economy each time they reach for a credit card to make purchases, and that reach totaled more than $21.8 billion in the third…

The Supply Side: Holiday promotions raise risk for post-audit claims against suppliers

Amazon Go a ‘shot across the bow’ to the traditional brick-and-mortar model

Amazon Go, the completely self-service convenience store in Seattle expected to open in January, is not an immediate threat to large retailers like Wal-Mart Stores, but it likely has their…

Talent gaps in the workforce linked to sluggish economic growth

Talent gaps in the workforce continue to present challenges for employers and there is no quick fix to the problem, according to Ted Abernathy, partner with North Carolina-based Economic Leadership…

Tyson Foods launches $150 million venture fund, to be based in Chicago

Springdale-based Tyson Foods Inc. has selected Chicago as the home of its newly created $150 million capital venture fund focused on investments in food innovation and technologies. The fund’s first…

Northwest Arkansas officials provide updates on economic growth around food and recreation amenities

David Wright is confident parks, trails and fine cuisine will remain a priority and continue to build on the quality of life for residents and visitors to Bentonville and Bella…

Wal-Mart asking customers for product reviews as part of effort to boost online sales

Wal-Mart is actively emailing customers who use its Savings Catcher application asking them to review certain items from their recent grocery receipt as part of an effort to boost its…

The Supply Side: Marketplaces present opportunities and threats to Wal-Mart suppliers

Holiday season gift card spending expected to top $27.5 billion

A recent National Retail Federation study indicates that 56% of consumers will purchase and give away gift cards this holiday season – the second most commonly purchased item. According to…

The Supply Side: Wal-Mart exec shares with suppliers strategies on customer opportunities

Georgia Dock officials requiring Tyson Foods, poultry industry to submit price affidavits

Officials with Georgia’s Department of Agriculture, which oversees Georgia Dock poultry prices, are requiring Tyson Foods and the rest of the poultry industry to submit weekly price affidavits that will…

Third quarter banking profits rise 12.9% nationally and 21% higher statewide

National and state banking sectors posted an almost 13% net income gain in the third quarter despite ongoing challenges, particularly for smaller banks. Arkansas banks posted a higher 21.3% combined…

Elkins turkey farmers find satisfaction in the demanding business

Turkey farming is anything but easy. But that didn’t stop Jeff and Gloria Lindsey of Elkins from giving it a try. The couple signed on as turkey growers for Cargill…

Tyson Foods’ incoming CEO Tom Hayes rose quickly through the ranks

Tyson Foods is preparing for a management shift and it’s only the second time in the company’s long history where the incoming CEO is not a veteran employee of the…

Tyson Foods expected to report healthy quarterly income, but lawsuits persist

Tyson Foods has been a darling on Wall Street this year with share values rising 31.5% – and that’s after a recent setback from the onslaught of litigation filed against…

U.S. healthcare sector in need of disruptions to lower costs, improve transparency for patients

Edward Scissorhands, a porcupine, rhinoceros and the Tin Man are crowded on an inflatable boat floating down a river. A frantic passenger is screaming, “Don’t anyone move too quickly.” That’s…

The 9th annual Juneteenth celebration slated for Jonesboro

Applications being sought for Farmers Market Promotion Program

Stevens to lead architecture school at the University of Arkansas

Fort Smith metro home sales up almost 4% through April