by - January 4, 2023 12:26 pm
An early report on holiday spending from Mastercard SpendingPulse indicates holiday sales (excluding automobiles) rose 7.6% between Nov. 1 and Dec. 24. The report measures in-store and online retail sales…
by - December 27, 2022 2:49 pm
The four largest cities in Northwest Arkansas combined for a record $102.686 million in sales tax revenue during the 12 reporting months in 2022, up 12.84% from 2021. It was the…
by - December 27, 2022 9:47 am
Julie Barber, Walmart’s executive vice president of general merchandise, said the retailer continues to face an overabundance of inventory in some categories and inflationary pricing pressures. She said the company…
by - December 21, 2022 10:50 am
Tyson Foods, the largest U.S. meat processor, reported a record fiscal revenue of $53.28 billion and net income of $3.249 billion, which led to higher pay for most company’s executives,…
by - December 20, 2022 3:21 pm
Shipping costs are projected to increase between 8% and 10% in 2023 from FedEx and UPS, the two largest U.S. package delivery companies, according to a Dec. 16 report from…
by - December 17, 2022 8:34 am
Online grocery sales during the COVID-19 pandemic in 2020 and 2021 showed four to five years of growth in 18 to 24 months. Global and regional retailers added online capacity…
by - December 10, 2022 10:04 am
According to the National Retail Federation (NRF), holiday retail sales are likely to be 6% to 8% higher than last year. Online sales are forecast to rise 10 to 12%….
by - December 8, 2022 1:53 pm
Springdale-based Tyson Foods has hired ex-Coke marketing executive Melanie Boulden as chief growth officer, a new position created by the meat giant. Boulden will officially join the company on Feb….
by - December 6, 2022 2:29 pm
Salesforce reported U.S. Cyber Week – the week following Thanksgiving – sales rose 9% year-over-year to $68 billion. Global online sales for the same period were up 2% from a…
by - November 30, 2022 3:30 pm
Walmart may claim to be the low-cost leader on food and consumables. Still, a recent study of e-commerce prices in 15 major categories from July 11 to Oct. 2 found…
by - November 29, 2022 3:17 pm
The early read on the winter holiday sales indicates a record 196.7 million Americans shopped in stores and online during the five-day holiday shopping period from Thanksgiving Day through Cyber…
by - November 26, 2022 1:08 pm
Bentonville, Fayetteville, Rogers and Springdale reported a combined $8.013 million in the November sales tax report, a gain of 1.32% on the heels of double-digit growth for most of this…
by - November 26, 2022 10:11 am
Brothers and business partners Quinn and Austin Simkins of Fayetteville, founders of Natural Way Food Group, have been selling homemade peanut butter products in retail since 2017. But after success…
by - November 22, 2022 9:00 am
The National Retail Federation (NRF) expects as many as 166 million shoppers will make purchases between Thanksgiving Day and Cyber Monday, almost 8 million more than forecast last year and…
by - November 21, 2022 1:25 pm
Inflationary pricing and rising interest rates have more consumers considering buying secondhand items. The trend once more prevalent among Gen Z consumers — young adults under age 25 — is…
by - November 17, 2022 3:16 pm
Consumers should not be surprised that a Thanksgiving dinner for a party of 10 will cost more than 20% this year thanks to inflation, fueled in part by higher prices…
by - November 15, 2022 10:30 am
Walmart has reached a settlement in litigation relating to the national opioid epidemic totaling $3.1 billion. The settlement will effectively resolve all opioid lawsuits by state, local and tribal governments,…
by - November 15, 2022 10:13 am
Walmart reported revenue of $152.8 billion in its fiscal third quarter, up 8.7% compared to the same quarter in 2021, but net income fell 158% to a loss of $1.798…
by - November 14, 2022 10:54 am
Tyson Foods’ fiscal fourth-quarter net income was down 60%, but the Springdale-based company ended fiscal 2022 with record revenue of $53.282 billion, up 13.2% from the prior year. Net income…
by - November 12, 2022 9:19 am
Walmart is already a top retailer for women’s lingerie, with roughly one-fifth of U.S. consumers purchasing the Secret Treasures brand of intimate apparel or sleepwear in the year ending Jan….
