by - March 3, 2021 3:37 pm
Walmart on Wednesday (March 3) announced a new $350 billion commitment to support 750,000 U.S. manufacturing jobs over the next decade. The pledge builds on the $250 billion commitment in…
by - March 2, 2021 3:43 pm
Three vaccines are now available in the United States, an incredible feat of medical science and global collaboration for healthcare advancement, according to Cheryl Pegus, Walmart’s recently named executive vice…
by - February 28, 2021 2:29 pm
Consumers hunkering down at home during the pandemic spent more on food consumed at home. Many of them also reached for smaller, niche brands as supply chain disruptions meant national…
by - February 25, 2021 4:36 pm
Entrepreneurship is a tough road. For women of color in Arkansas, it’s even harder as they face substantial barriers and resource gaps, according to a study commissioned by The Women’s…
by - February 24, 2021 3:36 pm
The National Retail Federation released Wednesday (Feb. 24) an estimate for retail sales growth this year as the COVID-19 vaccine continues to be rolled out. At $4.33 trillion, the forecast…
by - February 24, 2021 3:26 pm
U.S. online grocery sales for January 2021 hit $9.3 billion, up 15% from November, as more than 69.7 million U.S. households placed on average 2.8 orders across delivery, pickup and…
by - February 23, 2021 5:21 pm
Holiday spending helped the four largest cities in Northwest Arkansas report 6.63% higher sales tax revenue in the February report. Bentonville, Fayetteville, Rogers and Springdale cumulatively received $8.107 million in…
by - February 22, 2021 4:36 pm
Donnie King, a long-time Tyson Foods executive, will be promoted to chief operating officer, reporting to CEO Dean Banks. The move was part of organizational changes the company said are…
by - February 18, 2021 3:23 pm
Walmart CEO Doug McMillon said with $564.2 billion in sales the retailer is just getting started. He remembered the late former CEO David Glass saying the same thing more than…
by - February 18, 2021 11:50 am
Walmart disappointed the equity markets Thursday (Feb. 18) with a 12-cent per share earnings miss in the fourth quarter, despite record revenue and strong same-store sales. Fourth-quarter earnings on an adjusted…
by - February 17, 2021 2:06 pm
The retail sector is starting to use internet of things (IoT) technology with various applications. Sanjay Radhakrishnan, vice president of global technology at Walmart, recently said the company manages more…
by - February 16, 2021 5:22 pm
Walmart has been one of the winners in retail amid the ongoing COVID-19 pandemic and Wall Street expects the retail giant will see net income grow 8.7% in its fiscal…
by - February 14, 2021 11:12 am
The ongoing COVID-19 pandemic has dramatically reshaped how consumers think and shop. As retailers try to transition from a place of fear to hope with a vaccine rollout, it will…
by - February 11, 2021 12:44 pm
Tyson Foods held its 58th annual shareholder meeting virtually on Thursday and the meeting took just 20 minutes. As expected, all three shareholder proposals presented by various groups were voted…
by - February 11, 2021 11:59 am
Negative impacts from COVID-19 plant disruptions and a weak foodservice sector resulted in first fiscal quarter net income for Tyson Foods of $467 million, or $1.28 cents per share, down…
by - February 10, 2021 1:46 pm
Despite the ongoing COVID-19 pandemic, 2020 proved to be a record year for retail imports, according to the National Retail Federation (NRF) and Hackett Associates. The NRF expects imports to…
by - February 10, 2021 1:08 pm
Tyson Foods has acquired a minority 49% stake in Malayan Flour Mills Berhad (MFM) that will vertically integrate the Malaysia-based poultry business and add more supply flexibility for both companies….
by - February 9, 2021 10:23 am
Tyson Foods has had its challenges in 2020 and that reality will continue in the short term. The Springdale-based company is expected to post an 8% net income decline in…
by - February 8, 2021 11:04 am
Tyson Foods will host its annual shareholder meeting virtually on Thursday (Feb. 11), marking the first time in the company’s 57-year history as a publicly traded company a physical meeting…
by - February 7, 2021 10:45 am
Marc Lore has been the face of Walmart.com for nearly five years after the retail giant acquired Jet.com for $3.3 billion in September 2016. Lore stepped away from day-to-day management…
