by - September 3, 2024 3:55 pm
Consumer optimism continued to increase through August, but recent mixed retail earnings, volatility in the equity markets and economic concerns have led analysts with McKinsey & Co. to put a…
by - August 29, 2024 5:19 pm
It’s been 30 years since Walmart acquired 122 Woolco stores in Canada from Woolworth for about $300 million. That was Walmart’s inaugural leap into Canada. Fast-forward to 2024, and Walmart…
by - August 29, 2024 4:51 pm
Tyson Foods removed the interim title and officially made Curt Calaway the chief financial officer with a base salary of $675,000 and increased target annual incentive plan to 110% of…
by - August 22, 2024 6:29 pm
Walmart sent a signal that it’s reducing investments in China by selling 144.5 million shares of JD.com, which totaled about $3.7 billion. The trade happened Wednesday, ending the retail giant’s…
by - August 22, 2024 4:44 pm
Matt Herlevic and Shawn Baldwin retired from Walmart within four months of each other in late 2018. The two — with more than 60 years of combined retail experience —…
by - August 22, 2024 4:35 pm
Cumulative sales tax revenue in Bentonville, Fayetteville, Rogers and Springdale totaled $9.958 million in the August report, up 2.53% compared with the same period in 2023. Year-to-date revenue in the…
by - August 21, 2024 5:24 pm
Improving maternal health outcomes in Arkansas is important to all involved because the state’s mortality rate around birthing a baby is among the highest in the nation and among the…
by - August 21, 2024 8:56 am
Innovation is crucial in retail and Sam’s Club knows it. The Bentonville-based wholesale club has unveiled its retail design studio dubbed the “Clubhouse” on its corporate campus at 2100 Simple…
by - August 19, 2024 4:33 pm
A report from Reshoring Initiative indicates the effort to return manufacturing jobs to the U.S. created 819 reported cases of reshoring in 2023, and foreign direct investment led to 287,000…
by - August 12, 2024 12:31 pm
Healthcare access continues to be a hurdle for many working Americans, especially in rural areas. Three years ago, Springdale-based Tyson Foods began offering medical care to employees in several areas…
by - August 12, 2024 10:38 am
Walmart is expected to beat estimates when it reports fiscal second-quarter earnings on Thursday (Aug. 15) for the period ending July 31. The consensus estimate is 65 cents per share,…
by - August 8, 2024 1:51 pm
Matthew Matt grew up in Philadelphia and is a computer programmer. In 2001, after he became unemployed, his brother-in-law Kimo Sihapanya recruited him to Northwest Arkansas to partner in opening…
by - August 6, 2024 11:57 am
Carbon Chicken, a sustainable agriculture venture, has received a $591,000 grant from the U.S. Department of Agriculture to fund a 5-year project aimed at greenhouse gas-reducing carbon-negative agricultural practices in…
by - August 6, 2024 11:23 am
Off-price retail is popular with inflation-weary consumers looking for their favorite brands at a discount. But not all off-price retailers are cashing in. Ohio-based Big Lots recently announced plans to…
by - August 5, 2024 11:03 am
Tyson Foods on Monday (Aug. 5) reported fiscal third-quarter net income of $191 million, a wide swing from a $417 million loss in the same quarter of 2023. Revenue was…
by - August 4, 2024 4:03 pm
As Walmart’s grocery business grows, the retailer plans to transform the supply chain that feeds the food and consumables business. Groceries accounted for more than $264 billion of Walmart’s U.S….
by - August 1, 2024 11:45 am
All eyes will be on Tyson Foods on Aug. 5 as analysts expect a big quarter thanks to improved operating metrics in chicken and pork. Tyson is expected to post…
by - August 1, 2024 11:30 am
SupplyPike CEO Dan Sanker has sold the Northwest Arkansas startup he founded in December 2017 to Minneapolis-based SPS Commerce for $119 million in cash and $87 million in stock. SupplyPike,…
by - July 31, 2024 8:37 am
Research and development workers at Springdale-based Tyson Foods wanted to develop a Razorback-inspired food that might be a hit at tailgating events for University of Arkansas fans. The result is…
by - July 30, 2024 12:29 pm
Sales tax is an indicator of consumer spending on goods and services in communities. The cumulative sales tax revenue reported by the four largest cities in Northwest Arkansas in July…
