by - January 28, 2025 10:45 am
Cargill has confirmed it plans to close its turkey processing facility in Springdale. More than 1,000 employees and more than 100 farmers who raise turkeys for the company are being…
by - January 27, 2025 11:28 am
The diverse retail sector withstood inflation, high interest rates and changing consumer preferences in 2024, but still managed to garner a combined $5.28 trillion in sales, up 3.6% from the…
by - January 27, 2025 9:35 am
Walmart is making leadership changes in its global business, according to an internal memo posted Jan. 17 by Walmart U.S. CEO John Furner, Sam’s Club CEO Chris Nicholas, and Walmart…
by - January 23, 2025 9:15 am
The National Retail Federation (NRF) estimates that 17% of items sold in 2024 were returned in 2024, totaling $890 billion, which is 15% higher than the previous year. The trade…
by - January 18, 2025 11:20 am
Unable to renew a store lease in Newport, Ark., and the desire to reach better hunting areas are two of the many reasons Sam Walton moved his small retail store…
by - January 17, 2025 7:52 pm
Walmart on Friday (Jan. 17) opened part of its new corporate campus sprawled over 350 acres in the heart of Bentonville to the media. More than 15,000 corporate employees will…
by - January 17, 2025 12:52 pm
Walmart has agreed to sell its robotics business to Massachusetts-based Symbotic for $200 million at closing with additional future contingency payments. Walmart is also paying Symbotic $520 million for automated…
by - January 17, 2025 11:21 am
The National Retail Federation (NRF) reported that November and December spending totaled $994.1 billion, up 4% over the same period in 2023. Spending came in ahead of the trade group’s…
by - January 15, 2025 10:26 am
While Walmart has downsized its global portfolio, the retail giant continues to invest in countries where it sees growth opportunities. The company recently said it will invest $1.3 billion in…
by - January 14, 2025 1:29 pm
December holiday sales rose 7.24% from a year ago and advanced 1.74% from the prior month, according to the CNBC and National Retail Federation Retail Monitor data that excluded automobiles…
by - January 13, 2025 3:20 pm
Consumers continue to spend more of their grocery dollars online with total U.S. e-grocery sales of $9.6 billion in December, up 18.52% compared with December 2023, according to Brick Meets…
by - January 9, 2025 10:09 am
Early reports of online holiday spending (Nov. 1 to Dec. 31, 2024) peg U.S. sales rising 8.7% to $241.4 billion, ahead of earlier estimates by Adobe Analytics. The figures are…
by - January 9, 2025 9:56 am
The National Retail Federation (NRF) and Hackett Associates report retailers are under pressure as they front load cargo to avoid the disruption of a possible strike and higher costs from…
by - January 7, 2025 11:58 am
Private brands, like Walmart’s Great Value, see continued growth in many categories. According to new data from Numerator, 99.9% of consumers purchased a private-label grocery item in the past 12…
by - January 6, 2025 11:26 am
The four largest cities in Benton and Washington counties had different results in their annual sales tax revenue for 2024. Combined revenue in the full year of reports totaled $113.845…
by - January 3, 2025 11:06 am
Six of the 11 Arkansas publicly traded companies posted stock gains for the full year, compared to five of 11 that had gains to end the third quarter. Walmart posted…
by - December 23, 2024 10:14 am
Walmart CEO Doug McMillon, 58, has logged 40 years in the retail business, spending the past decade at the helm of the global retail and technology company. He is the…
by - December 18, 2024 3:23 pm
Tyson Foods’ top five executives shared $14.439 million in cash bonus pay this year as a reward for improved financial metrics in the fiscal year. Bonuses tied to such performance…
by - December 18, 2024 10:33 am
City officials in Benton County continue to plan for economic development and work together to tackle infrastructure challenges in the region, based on comments at the Build Bentonville event held…
by - December 17, 2024 10:40 am
The early forecasts for holiday sales were somewhat lackluster, but with the first half of the shopping season in the books, the results are better than expected, according to Matthew…
