by - August 29, 2022 4:37 pm
Walmart will acquire the outstanding shares of Massmart for an estimated $377.6 million, the company announced Monday (Aug. 29). The Bentonville-based retailer already owned 51% of the large Africa retailer….
by - August 29, 2022 12:40 pm
Chris Langholz, the international group president for Tyson Foods since November 2019, was fired on Friday, Aug. 26, effective immediately, according to a filing the Springdale-based meat giant made Monday…
by - August 27, 2022 11:00 am
Brick-and-mortar retail is alive in 2022, with more than twice the number of new store openings compared to store closures through the first seven months of this year. Coresight Research…
by - August 24, 2022 3:07 pm
Inflation continues to boost sales tax revenue in Northwest Arkansas’ four largest cities, which cumulatively reported a 16.75% gain from a year ago in their August data. The combined revenue…
by - August 22, 2022 5:11 pm
DoorDash said last week it is ending its four-year delivery partnership with Walmart. The partners have said the split comes as Walmart continues to focus on being its own third-party…
by - August 21, 2022 3:51 pm
Bentonville-based Walmart said Friday (Aug. 19) it would provide expanded coverage for abortion in the case of health risk of the mother, rape or incest, ectopic pregnancy, miscarriage or lack…
by - August 20, 2022 9:35 am
Rising prices are pushing consumers to private-label products for food, consumables and general goods, according to a report from Numerator, a data and tech company serving the market research space….
by - August 18, 2022 6:48 pm
Northwest Arkansas is a great place to live and work but that also comes with challenges, according to city leaders along with state and national politicians who spoke at a…
by - August 16, 2022 10:02 am
Walmart surprised equity analysts on Tuesday (Aug. 16) reporting better-than-expected second fiscal quarter earnings just one week after the Bentonville-based retail giant reduced guidance for the quarter and the rest…
by - August 13, 2022 10:32 am
The National Retail Federation (NRF) reports that 10.6% of online returns are fraudulent, totaling more than $23 billion in 2021. It is often a retailer’s best customers who are taking…
by - August 11, 2022 3:24 pm
All eyes will be watching Tuesday (Aug. 16) as Walmart reports fiscal second-quarter earnings. With more than 230 million shoppers visiting stores each week, the retail giant is seen as…
by - August 10, 2022 3:03 pm
Consumers saw the highest grocery prices in 43 years in July, with food at home costs rising 10.9% from a year ago. Food eaten in restaurant costs were 13.1% higher…
by - August 10, 2022 1:33 pm
Inflation is taking a toll on family budgets just as the back-to-school shopping season gets underway. The National Retail Federation reports that 38% of families admit having to cut back…
by - August 9, 2022 3:03 pm
Port congestion has been a major challenge for retailers in the past 18 months. But after a record-setting spring, imports at the largest U.S. ports are expected to slow for…
by - August 8, 2022 12:56 pm
Tyson reported adjusted net income of $1.94 per share, 3 cents short of estimates and 28% lower than a year ago. Without adjustments, Tyson had net income of $750 million, up…
by - August 4, 2022 4:47 pm
Tyson Foods, like many food companies, is expected to report mixed earnings Monday (Aug. 8) for the company’s fiscal third quarter ending June 30. Analysts expect the Springdale-based meat giant will…
by - August 3, 2022 6:31 pm
Walmart confirmed Wednesday (Aug. 3) that the company is restructuring several of its departments within the corporate structure which will result in the loss of about 200 jobs in Bentonville…
by - August 2, 2022 5:57 pm
Consumers limited trips to restaurants during the second quarter of 2022, according to the NPD Group. Inflation and menu price increases led to a 2% dip in physical and online…
by - August 2, 2022 2:45 pm
Retailers large and small are likely to continue managing through a mountain of challenges in the back half of 2022. Continued supply chain delays, escalating prices, labor shortages and the…
by - July 31, 2022 9:13 am
As Walmart wraps up its ninth year of what is to be a two-decade-long manufacturing jobs initiative, more manufacturers are showing interest in onshoring some of their overseas production, according…
