by - February 20, 2025 11:31 am
Walmart on Thursday (Feb. 20) reported fiscal fourth quarter revenue of $180.55 billion, up 4.1% compared with the same period a year ago. Net income totaled $5.25 billion in the…
by - February 19, 2025 5:00 pm
Craft specialty store Joann is closing 500 stores, including four in Arkansas, as the retailer works through its second bankruptcy filing in less than a year. The 82-year-old crafts and…
by - February 19, 2025 10:29 am
Services sold by Walmart continue to add to the retail giant’s ability to boost net income at a better rate than revenue. Optical and pharmacy services are two of the…
by - February 17, 2025 4:03 pm
Walmart will report fourth-quarter and fiscal 2025 year-end results on Thursday (Feb. 20), and analysts who cover the retail giant expect quarterly earnings per share of 65 cents, up 8.3%…
by - February 13, 2025 11:08 am
A retail business as large as Walmart U.S. with $441.8 billion in sales during fiscal 2024 incurs significant accounting and post-audit transactions given the number of suppliers, the millions of…
by - February 11, 2025 9:54 am
Consumer spending in January was down from the robust pace in December but still posted a 5.44% gain when compared with January 2024, according to the National Retail Federation (NRF)…
by - February 10, 2025 4:41 pm
A new report indicates that import levels at the nation’s major container ports are expected to remain high as retailers continue to bring in cargo ahead of announced tariffs on…
by - February 7, 2025 4:38 pm
Consumers could spend $188.81 per person on Valentine’s Day this year for a record $27.5 billion, up 6.5% from a year ago, according to the National Retail Federation (NRF). The…
by - February 7, 2025 10:01 am
The rising cost of health care, lack of access in many rural areas around the state, and the highest maternal mortality rate in the country are big challenges that advocates,…
by - February 6, 2025 3:31 pm
Tyson Foods used Thursday’s (Feb. 6) shareholders meeting to mark 90 years as a company since its humble beginnings in 1935 when founder John W. Tyson primarily sold chickens in…
by - February 5, 2025 4:51 pm
More than 10% of jobs in the Northwest Arkansas animal processing sector will be lost when Cargill’s Springdale plant closes in August. With few similar job openings in Northwest Arkansas,…
by - February 5, 2025 3:43 pm
Bentonville-based Walmart is spending $34 million to acquire Monroeville Mall located in the Pittsburgh, Pa., metro. The global retailer is also selling its Canadian trucking fleet to Canada Cartage. Terms…
by - February 5, 2025 8:36 am
Walmart is closing a corporate office in Charlotte, N.C., and will cut some jobs and move others to offices in Bentonville and California. Walmart would not disclose how many jobs…
by - February 4, 2025 9:56 am
The convenience store segment faced economic challenges in 2024 with shifting consumer preferences, consolidation, inflation and labor management hurdles, according to a report from Placer.ai. The good news is foot…
by - February 3, 2025 11:48 am
Springdale-based Tyson Foods on Monday (Feb. 3) reported net income of $359 million, well above $107 million a year ago. On an adjusted basis, the company reported net income at…
by - February 3, 2025 11:14 am
A retail executive survey by Deloitte found a majority of respondents expect climate change, increasing price wars and retail theft among the biggest concerns in 2025. Other challenges included changing…
by - January 31, 2025 7:11 pm
On the same day significant and disruptive tariffs on Canada, China and Mexico were announced by President Donald Trump, economists spoke at a business luncheon in Rogers about the health…
by - January 30, 2025 11:46 am
Plenty of U.S. retailers had a challenging 2024 amid higher interest rates and shifting consumer behaviors. Those factors and more resulted in a surge of store closures that totaled 7,327,…
by - January 30, 2025 10:22 am
Tyson Foods is expected on Monday (Feb. 3) to post first fiscal quarter net income of $313.44 million, with earnings per share of 88 cents, up 27.5% from the 69…
by - January 28, 2025 6:02 pm
The four largest Northwest Arkansas cities reported a combined 5.62% increase in sales tax collected from merchants in December. The numbers reported to the cities by state officials in January…
