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…
by - July 26, 2024 3:30 pm
Walmart plans to expand its autoimmune-focused specialty pharmacy business with 25 locations in Alabama, Idaho, Oregon, Pennsylvania and Wisconsin. Walmart recently closed its healthcare clinics and sold its telehealth business…
by - July 26, 2024 9:18 am
With rising menu prices from fast food to casual dining restaurants, convenience stores are doubling down on their quick-serve and made-to-order foods in an effort to attract more customers on…
by - July 25, 2024 5:28 pm
Mercy said Thursday (July 25) it will move into three former Walmart Health Centers in supercenters in Fort Smith, Rogers and Springdale. Mercy said the clinics will offer primary care…
by - July 25, 2024 9:50 am
Most retailers saw improved consumer traffic in stores over the past year, according to a report by Placer.ai. Ethan Chernofsky, Placer.ai marketing exec, said part of the rebound in foot…
by - July 24, 2024 5:12 pm
Tyson Ventures, the venture capital arm of Tyson Foods, recently held its annual pitch event for startups using technology to improve the supply chain and selected five companies to work…
by - July 23, 2024 3:02 pm
Consumers showed up big for Amazon’s annual Prime Day sales event spending 11% more this year thanks in part to deeper discounted prices, according to Adobe Analytics. Sales for the…
by - July 22, 2024 2:52 pm
As soon as the July 4 holiday ends, families often switch their spending intentions toward back-to-school. A recent survey by JLL found parents plan to spend 21.8% more on back-to-school…
by - July 18, 2024 10:39 am
It’s an early and busy shift for Lee Hiett, a 34-year Walmart employee, who shops almost nonstop for eight hours filling online grocery orders at the supercenter at 4208 Pleasant…
by - July 15, 2024 2:50 pm
U.S. consumers spent $7.7 billion in June for online grocery orders, up 2.9% from May and 8.4% higher than a year ago, according to Bricks Meets Clicks/Mercatus shopper survey. Online…
by - July 15, 2024 10:49 am
Walmart International’s revenue reached $114.6 billion last year, which represented 18% of Walmart’s consolidated sales in fiscal 2024. The business sector holds tremendous growth potential in some of the world’s…
by - July 12, 2024 11:48 am
Retail sales reported by the National Retail Federation Retail Monitor indicated consumer spending slowed in June compared to May. Excluding automobile and gasoline, sales were up 0.47% from May, slower…
