by - April 15, 2023 10:45 am
It’s been nearly a decade since Walmart CEO Doug McMillon and his wife Shelley gave $1 million to his alma mater, creating an extra-curricular innovation studio for entrepreneurial students. The…
by - April 14, 2023 1:13 pm
Charles Redfield, chief merchandising officer and 32-year employee at Walmart, is leaving the retailer in May, according to an internal email sent Friday (April 14). He will transition into an…
by - April 12, 2023 12:33 pm
The pace of inflation hit its lowest level since late 2021, but overall inflation remains high as core inflation – excluding food and fuel – ticked up 0.1% in March…
by - April 11, 2023 3:00 pm
The future for social media platform TikTok may be cloudy, but that has not kept Walmart and Amazon from seeking to grow their brands via influencers and content creators on…
by - April 6, 2023 2:30 pm
Walmart plans to build electric vehicle (EV) charging stations at thousands of its stores and clubs over the next six years. The retailer now has roughly 1,300 charging stations at…
by - April 5, 2023 11:53 am
Walmart’s executives made a hard sell on innovation – especially with supply chain automation – to the investment community Tuesday and Wednesday (April 4-5) at the retailer’s investor conference in…
by - April 2, 2023 9:23 am
While the U.S. economy remains relatively strong, the retail sector is a mixed bag with a tight workforce despite the 50,100 retail jobs added in February against a growing number…
by - March 30, 2023 5:02 pm
Walmart heir and philanthropist Alice Walton celebrated with healthcare providers, construction crews and interested stakeholders Thursday (March 30) at the groundbreaking for the Alice L. Walton School of Medicine (AWSOM)…
by - March 29, 2023 2:13 pm
Memorial Day or Fourth of July cookouts will be more costly this year as chicken and beef prices remain high. Derrell Peel, livestock marketing specialist with Oklahoma State University Extension,…
by - March 28, 2023 4:09 pm
Tyson Foods may have violated the Packers and Stockyards Act (PSA) in the effort to close large poultry processing operations in Van Buren and Glen Allen, Va., according to Peter…
by - March 27, 2023 1:59 pm
Consumer spending is robust in Benton and Washington counties, with the four largest cities reporting a 13.6% jump in sales tax revenue in their March reports. Total revenue reported in…
by - March 25, 2023 10:22 am
The consumer packaged goods and beverage industries are highly competitive. They continually try to retain or expand their retail distribution points as private label and niche brands are popular among…
by - March 23, 2023 5:36 pm
The National Retail Federation (NRF) and Prosper Insights estimate 81% of Americans will spend a record $24 billion on Easter, up 15.38% from a year ago. Per capita spending is…
by - March 23, 2023 12:52 pm
Walmart on Thursday (March 23) announced worker layoffs in at least five U.S. e-commerce fulfillment centers. Walmart said the impacted workers were asked to find other jobs within 90 days…
by - March 17, 2023 8:12 am
Dacona Smith, the highest-ranking Black executive at Walmart U.S., has retired. Cedric Clark filled Smith’s position as executive vice president of store operations. Clark made that announcement on LinkedIn following…
by - March 15, 2023 5:14 pm
It’s been a long way to the top for Shelley Simpson, president of J.B. Hunt Transport Services, who started her career in logistics as an hourly customer service employee 27…
by - March 15, 2023 12:53 pm
The once-thought-dead mall and brick-and-mortar retailers may see a rebound in traffic this year, but retail insiders say the gap between the winners and losers will also likely widen. Carol…
by - March 14, 2023 11:44 am
The news hit like a freight train Monday (March 13) when Tyson Foods quietly announced the closure of its large chicken processing facility in Van Buren – a facility that…
by - March 13, 2023 5:07 pm
Despite inflation in the food sector, consumers are purchasing more fresh meat than before the COVID-19 pandemic because eating meals at home has become more important for American families, according…
by - March 12, 2023 10:08 am
Major retailers have long used private labels to create unique brands, with the average industry share penetration for such brands at 18.2% at the end of 2022, according to Food…
