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…
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…
