by - May 31, 2022 6:14 pm
Walmart and Marriott International signed a franchise agreement for the retail giant to build and own an AC Hotel on its home campus in Bentonville. The AC Hotel by Marriott…
by - May 26, 2022 3:49 pm
With consumer prices at 40-year highs, shoppers know their grocery dollars are being squeezed. And so is the packaging. Package sizes are shrinking — known as “shrinkflation” — on everything…
by - May 26, 2022 3:00 pm
An Alignable Research Center survey found that 72% of restaurateurs say they will be out of business if inflation does not moderate. Roughly half said inflationary pressures could force them…
by - May 25, 2022 6:23 pm
The four largest cities in Benton and Washington counties reported cumulative sales tax revenue of $8.875 million in May, up 7.54% from the May 2021 report. Revenue reported in May…
by - May 24, 2022 2:34 pm
Walmart Inc. and tech company Symbotic announced a new agreement to place Symbotic’s robotics and software automation platform in Walmart’s 42 regional distribution centers. The deal builds on the prior…
by - May 21, 2022 11:21 am
Walmart, a leader in supply chain innovation with more than four decades of experience over chief competitor Amazon, is still challenged to meet consumer demand, according to David Guggina, senior…
by - May 18, 2022 3:48 pm
Walmart was behind the pack when finally deciding to launch its Walmart+ subscription membership program in June 2021. Amazon’s Prime subscription was launched in early 2005 growing to 200 million…
by - May 18, 2022 11:29 am
The U.S Census Bureau reported overall retail sales in April were up 0.9% seasonally adjusted from March and up 8.2% year over year. Sales were up 1.4% month over month…
by - May 17, 2022 10:26 am
Inflation in the supply chain, higher-than-expected inventory, and a 30% rise in wage costs helped derail Walmart’s first-quarter net income to 74 cents per share after a 56-cent downward adjustment…
by - May 14, 2022 10:47 am
Walmart helped put Northwest Arkansas on the map. Home makeover duo Jenny and Dave Marrs continue to spotlight the region’s beauty and culture to millions of viewers on the HGTV…
by - May 12, 2022 4:51 pm
Rising prices helped buoy sales and net income for like Tyson Foods, Procter & Gamble and other corporate giants. The U.S. Department of Labor recently reported the Aprl Consumer Price…
by - May 12, 2022 11:10 am
Walmart is often seen as a stalwart in a challenging economy because it has the the scale and resources to manage shrinking margins. That’s primarily why equity analysts expect Walmart…
by - May 11, 2022 4:54 pm
Inflation in April was up 0.3% from March and 8.3% higher than a year ago, according to the Consumer Price Index (CPI) reported by the U.S. Department of Labor on…
by - May 10, 2022 7:09 pm
The trucking industry, long a barometer for the overall U.S. economy, is showing signs of a freight recession. Excess capacity, waning demand and declines in spot rates are at play…
by - May 9, 2022 1:52 pm
Tyson Foods reported net income of $829 million in the second fiscal quarter, up 74% from a year ago, and 22% more than the consensus estimate. For the first half…
by - May 7, 2022 9:36 am
Consumer packaged goods (CPG) manufacturers are operating in uncharted waters with inflation at a 40-year high, supply chain issues not helped by the Russian invasion of Ukraine, labor shortages and…
by - May 5, 2022 3:31 pm
Springdale-based Tyson Foods is predicted to see quarterly earnings per share of $1.83, compared to $1.34 a year ago, when the company reports earnings on Monday (May 9). The consensus…
by - May 5, 2022 3:18 pm
It has been more than two decades since Walmart aggressively moved to grow its global retail footprint. But in the past two to three years, the Bentonville-based retail giant has…
by - May 4, 2022 10:33 am
Prime Day will return in July, according to Amazon who made the announcement in its first-quarter earnings report for fiscal 2022 last week. The e-commerce titan reported a net loss…
by - May 2, 2022 5:06 pm
Retailers and restaurant chains continue to invest in new locations in Benton and Washington counties, according to permits on file with the Arkansas State Health Department. Big Lots will open…
