by - July 6, 2022 12:10 pm
Tyson Foods will expand its global footprint with an investment in a Saudi Arabia-based meat company. Tyson will acquire a 15% equity stake in Tanmiah subsidiary Agriculture Development Company (ADC)…
by - July 3, 2022 10:41 am
Discount retailers often win and retain share in recessions combined with rising prices. Walmart is the largest U.S. grocer and is known for low prices no matter the economic conditions….
by - June 29, 2022 7:02 pm
More than 1,100 hopeful suppliers took part in Walmart’s 9th Annual Open Call pitch held in Bentonville on Wednesday (June 29). Walmart and Sam’s Club held almost 1,200 meetings Wednesday…
by - June 29, 2022 8:14 am
The U.S. Federal Trade Commission (FTC) said Tuesday (June 28) that it sued Walmart Inc., alleging the retailer allowed scam artists to access its money transfer services, resulting in fraud…
by - June 28, 2022 5:42 pm
More than 1,100 entrepreneurs, potential and current suppliers with products to pitch are in Bentonville this week for Walmart’s 9th annual Open Call. They hope to land a deal with…
by - June 28, 2022 1:03 pm
With the Fourth of July holiday falling on Monday this year, more consumers say they plan to celebrate during the weekend, according to the National Retail Federation. Many will stay…
by - June 26, 2022 12:35 pm
It’s been a feast or famine for many retailers in the past two years amid supply chain challenges resulting from the COVID-19-induced global shutdown in 2020 to the Russian invasion…
by - June 22, 2022 4:32 pm
The cumulative sales tax revenue reported by Bentonville, Fayetteville, Rogers and Springdale totaled $8.691 million, up 8.96% in the June report. In the first six months of 2022 the revenue…
by - June 21, 2022 6:27 pm
Preliminary data from Numerator indicates the average Walmart+ Weekend spend per order was $69.75, which was slightly more than the traditional Walmart.com order of $64.99 and more than the Amazon…
by - June 17, 2022 2:42 pm
Walmart will open two health clinics in Rogers and Fort Smith later this summer. The two new clinics are modeled after the Walmart Health clinic in Store No. 4108 on…
by - June 16, 2022 2:08 pm
According to a survey by management and analytics firm Tango, with consumer spending expected to rebound after two years of pandemic disruptions, inflation threatens to inhibit the critical consumer impact…
by - June 15, 2022 3:37 pm
The U.S. Census Bureau reported Wednesday (June 15) that consumers spent $672.9 billion on food and retail in May, down 0.3% from the prior month. Sales were up 8.1% from…
by - June 14, 2022 3:01 pm
Walmart International CEO Judith McKenna remains bullish about growth opportunities in India since the retail giant’s majority purchase of Flipkart in 2018 for $16 billion. Walmart has since expanded its…
by - June 8, 2022 2:36 pm
Walmart announced Wednesday (June 8) it is testing three different kinds of renewable energy to power its fleet. The retailer did not reveal costs or project timelines, but it did…
by - June 8, 2022 7:48 am
Donnie Smith, who retired as president and CEO of Springdale-based meat giant Tyson Foods in 2016, was named CEO of California-based poultry processor Foster Farms on Tuesday (June 7). Atlas…
by - June 7, 2022 5:44 pm
More than 250 global technology and mobility executives are gathered this week in Bentonville at the UP.Summit first founded by aviation entrepreneur Cyrus Sigari in 2017. The annual invitation-only summit…
by - June 4, 2022 10:25 am
According to analysts with RBC Capital Markets, supply chain bottlenecks are expected to continue during 2022, despite previous forecasts of improvements in the back half of 2022. That is not…
by - June 3, 2022 3:06 pm
Walmart held its annual shareholder and employee celebration Friday (June 3) inside Bud Walton Arena in Fayetteville, with roughly 14,000 people in attendance and millions watching virtually. Comedian and late…
by - June 3, 2022 10:08 am
Walmart plans to build four “next-generation” fulfillment centers by 2024 using Knapp systems designed to increase efficiency and order output. The new fulfillment centers (FCs) will be in McCordsville, Ind.,…
by - June 1, 2022 3:53 pm
Walmart held its annual business meeting virtually on Wednesday (June 1), marking the second time in two years the retailer has not held a physical meeting and three years since…
