by - September 17, 2024 3:14 pm
Consumer spending in August ticked higher and pushed overall retail sales – excluding automobiles and fuel – up 2.11% from a year ago. Core retail sales that also exclude restaurants…
by - September 16, 2024 6:48 pm
U.S. consumers spent $9.9 billion online buying groceries and consumables in August, up 7% from a year ago, according to a Brick Meets Clicks/Mercatus Group survey completed Aug. 31. The…
by - September 16, 2024 4:06 pm
Walmart’s Marketplace business helped the Bentonville-based retail behemoth cross $100 billion in online sales last year. That was a milestone, but Walmart is doubling down with its bet that the…
by - September 12, 2024 10:22 am
Arkansas is at the bottom of the barrel for Medicaid, commercial insurance, and self-insured employer reimbursement rates paid to healthcare providers, according to Larry Shackelford, CEO of Washington Regional Medical…
by - September 10, 2024 12:51 pm
U.S. online retail sales increased 7.5% year over year in the first seven months of the year, according to U.S. Census Bureau data. According to a recent report from Publicis…
by - September 9, 2024 4:37 pm
Walmart is not known for its fashion apparel. But on the heels of a major revamp of the fashion department in its store remodels, the Bentonville-based retailer is hitting the…
by - September 9, 2024 9:53 am
The National Retail Federation (NRF) expects the U.S. economy to have a soft landing and avoid recession in 2024 and early 2025. NRF Chief Economist Jack Kleinhenz said the U.S….
by - September 8, 2024 11:58 am
Walmart CEO Doug McMillon, Walmart U.S. CEO John Furner, and Chief Financial Officer John David Rainey are selling or have sold company shares they previously received as compensation. Rainey’s plan…
by - September 4, 2024 1:08 pm
Grocery continues to be the leading online category for Walmart, with the retailer taking share from supermarkets in the second quarter, according to a Brick Meets Click/Mercatus report. Walmart, excluding…
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,…
