by - January 8, 2022 9:10 am
While the backlog of inventory is easing, supply chain executive Kevin Williamson predicts it will be the middle or even late 2022 before the flow of goods and order cancellations…
by - January 5, 2022 5:13 pm
Walmart will expand its InHome delivery service, first piloted in 2019, and make it available to more than 30 million U.S. homes in 2022. The service has a Walmart employee…
by - January 3, 2022 4:44 pm
At least 15 Walmart store pharmacies in Arkansas are equipped to receive and dispense the COVID-19 antiviral medication approved by the Federal Drug Administration for emergency use. The drugs, Paxlovid…
by - January 3, 2022 1:43 pm
Holiday shoppers spent big between Nov. 1 and Dec. 25, pushing sales up 8.5%, the biggest increase in 17 years, according to the Mastercard SpendingPulse report. Mastercard had forecasted holiday spending…
by - January 2, 2022 10:04 am
Remember when retail stores were considered a thing of the past? Not anymore, according to Coresight Research, who said: “for the first time in four years, U.S. retailers will open…
by - December 27, 2021 12:49 pm
Three of the top five earning executives at Tyson Foods received salary raises in 2021 largely because of increased duties. The company’s overall financial performance, against which executive salaries are…
by - December 21, 2021 2:56 pm
Springdale-based Tyson Foods said Tuesday (Dec. 21) it plans to build an on-site childcare and learning facility at its new Humboldt, Tenn., poultry processing plant. This comes on the heels…
by - December 21, 2021 2:01 pm
Bentonville, Fayetteville, Rogers and Springdale each reported record sales tax revenue in the past 12-month period. The cumulative revenue reported from January through December of this year for these cities…
by - December 20, 2021 12:33 pm
Thrift stores and online resale marketplaces have been trending for several years. Still, as the 2021 holiday season approached and supply chain challenges persisted, more consumers were open to that…
by - December 18, 2021 10:00 am
A recent 38-page report by consulting firm McKinsey & Co. compiled with Retail Industry Leaders Alliance (RILA) outlined imperatives for rethinking retail. The researchers surveyed 30 retailers to gain insights…
by - December 15, 2021 2:05 pm
Consumers are spending more money, in part because the cost of goods are rising. The U.S. Census Bureau reported retail and food service sales rose to $639.8 billion in November,…
by - December 12, 2021 9:55 am
Selling products into retail chains like Walmart has its challenges. Still, two former aerospace and defense industry executives rolled up their sleeves and hung a shingle in downtown Rogers to…
by - December 9, 2021 3:20 pm
Tyson Foods is bullish on opportunities to grow revenue and record net income of $8 per share through 2024. The Springdale-based meat giant held its annual investor conference on Thursday…
by - December 6, 2021 12:54 pm
Pay is one of the top worker complaints with food processors like Tyson Foods. The Springdale-based meat protein giant on Monday (Dec. 6) announced around $50 million in year-end bonus…
by - December 4, 2021 8:40 am
According to retail analysts and consultants, the retail landscape is ripe for more partnerships among competitors, suppliers and service providers. Walmart is at the center of that trend. From expanding…
by - December 2, 2021 4:43 pm
Walmart has a full year to find a replacement for Chief Financial Officer Brett Biggs, who announced his retirement effective Jan. 31. 2023. Biggs has logged 22 years at Walmart,…
by - December 1, 2021 6:59 pm
Tim Cooper, senior vice president of supply chain and grocery and reverse logistics at Walmart, spoke Wednesday (Dec. 1) about lessons learned in the past 20 months since the COVID-19…
by - November 30, 2021 7:02 pm
Consumers did not live up to analysts’ predictions of spending on Black Friday and Cyber Monday, two of the biggest shopping days of the year. Adobe Analytics reports consumers spent $10.7…
by - November 27, 2021 3:37 pm
The off-price retail sector has quickly recovered following the pandemic, which temporarily closed stores much of last year. Three major off-price retailers, Burlington, Ross Stores and TJ Maxx, which have…
by - November 24, 2021 1:59 pm
Walmart and pharmacy competitors Walgreens and CVS said they are not to blame for the opioid crisis gripping the nation. Meanwhile, a federal jury in the U.S. Northern District Court…
