by - January 9, 2024 1:36 pm
With a wrap on the holiday season, inbound cargo volume at the nation’s major container ports is expected to slow during the first quarter of 2024, according to a report…
by - January 8, 2024 1:28 pm
Overall holiday spending estimates were somewhat tepid when adjusted for inflation, but the online portion of sales transactions between Nov. 1 and Dec. 31 rose 4.9% year over year, according…
by - January 3, 2024 4:29 pm
A group of contract growers that supplied chickens to Tyson Foods’ slaughter and processing plant in Dexter, Mo., have sued the company claiming a breach of contract following a plant…
by - January 3, 2024 1:57 pm
Preliminary U.S. holiday sales between Nov. and Dec. 25 rose 3.1% year-over-year, according to MasterCard Spending Pulse. The sales exclude auto purchases and include in-store and online purchases using all…
by - January 2, 2024 1:56 pm
A recession forecast for the end of 2023 never arrived and consumer and business spending remained steady in Northwest Arkansas. Year-end reports from Bentonville, Fayetteville, Rogers and Springdale show sales…
by - January 2, 2024 1:43 pm
Springdale-based Tyson Foods posted a net loss of $649 million for fiscal year 2023. As a result, top executives received smaller performance cash bonuses, but stock awards were considerably higher…
by - December 27, 2023 6:58 am
Retailers are on pace to shutter more than 3,448 U.S. stores this calendar year, according to Coresight Research. That compares to 3,807 store closures in 2022. The closures include 896…
by - December 20, 2023 3:17 pm
As more holiday sales gravitate online the fear increases of data breaches that could put shoppers’ personal data at risk, according to a recent survey report from cloud communications firm…
by - December 19, 2023 8:55 am
While mass retailers like Walmart and specialty retailers like Ulta Beauty have worked to become omnichannel by offering a unified shopping experience that bridges digital and physical commerce, the traditional…
by - December 17, 2023 8:44 am
With holiday shopping well underway, retailers large and small continue to wrestle with shipping options, return policies and overcoming cart abandonment from online shoppers. A new survey from shipping platform…
by - December 13, 2023 6:20 pm
The Retail Monitor Report for November – excluding automobile sales, restaurant and gas station receipts – shows retail sales were up 0.73% from October, and up 4.17% year over year….
by - December 7, 2023 11:42 am
Technology helping refugees better access healthcare and an app that connects Sam’s Club stores to local events were part of presentations heard by Walmart CEO Doug McMillon on Wednesday (Dec….
by - December 7, 2023 11:08 am
Radio-frequency identification (RFID) is going two-dimensional (2D) with enhanced capabilities in the supply chain. While RFID is not new and widely used in retail, 2D adds more transparency and provides…
by - December 6, 2023 12:35 pm
Walmart CEO Doug McMillon said Wednesday (Dec. 6) in a CNBC interview that the retailer expected consumers to seek out deals during the sales of Black Friday and Cyber Week…
by - November 29, 2023 12:47 pm
Tyson Foods’ smart chicken plant in Danville, Va., is up and running with 13 high-speed automated case packing lines and five high-speed robotic case palletizing units, according to the company….
by - November 29, 2023 11:02 am
Retailers and brands are investing in enhanced store formats as consumers return to brick-and-mortar venues and crave experiences. Walmart spent $500 million on 117 store remodels in 30 states to…
by - November 28, 2023 12:19 pm
Cumulative sales tax in Bentonville, Fayetteville, Rogers and Springdale was $9.371 million in the October report, up 16.93% from the year-ago period. The October sales reported in November were from…
by - November 27, 2023 5:18 pm
Aggressive retailer promotions helped push overall online spending to $9.8 billion on Black Friday, or up 7.5%, compared to the same period in 2022, according to Adobe Analytics. Sales began…
by - November 17, 2023 12:21 pm
Food inflation has been persistent for the past two years but hefty retailer promotions from Aldi, Walmart and other discounters may help consumers stretch their Thanksgiving meal budgets further this…
by - November 16, 2023 12:35 pm
Walmart beat consensus estimates on the top and bottom lines for the third quarter ending Oct. 31, but the cautious consumer commentary from Walmart execs pushed the stock price down…
