by - February 5, 2025 8:36 am
Walmart is closing a corporate office in Charlotte, N.C., and will cut some jobs and move others to offices in Bentonville and California. Walmart would not disclose how many jobs…
by - February 4, 2025 9:56 am
The convenience store segment faced economic challenges in 2024 with shifting consumer preferences, consolidation, inflation and labor management hurdles, according to a report from Placer.ai. The good news is foot…
by - February 3, 2025 11:48 am
Springdale-based Tyson Foods on Monday (Feb. 3) reported net income of $359 million, well above $107 million a year ago. On an adjusted basis, the company reported net income at…
by - February 3, 2025 11:14 am
A retail executive survey by Deloitte found a majority of respondents expect climate change, increasing price wars and retail theft among the biggest concerns in 2025. Other challenges included changing…
by - January 31, 2025 7:11 pm
On the same day significant and disruptive tariffs on Canada, China and Mexico were announced by President Donald Trump, economists spoke at a business luncheon in Rogers about the health…
by - January 30, 2025 11:46 am
Plenty of U.S. retailers had a challenging 2024 amid higher interest rates and shifting consumer behaviors. Those factors and more resulted in a surge of store closures that totaled 7,327,…
by - January 30, 2025 10:22 am
Tyson Foods is expected on Monday (Feb. 3) to post first fiscal quarter net income of $313.44 million, with earnings per share of 88 cents, up 27.5% from the 69…
by - January 28, 2025 6:02 pm
The four largest Northwest Arkansas cities reported a combined 5.62% increase in sales tax collected from merchants in December. The numbers reported to the cities by state officials in January…
by - January 28, 2025 10:45 am
Cargill has confirmed it plans to close its turkey processing facility in Springdale. More than 1,000 employees and more than 100 farmers who raise turkeys for the company are being…
by - January 27, 2025 11:28 am
The diverse retail sector withstood inflation, high interest rates and changing consumer preferences in 2024, but still managed to garner a combined $5.28 trillion in sales, up 3.6% from the…
by - January 27, 2025 9:35 am
Walmart is making leadership changes in its global business, according to an internal memo posted Jan. 17 by Walmart U.S. CEO John Furner, Sam’s Club CEO Chris Nicholas, and Walmart…
by - January 23, 2025 9:15 am
The National Retail Federation (NRF) estimates that 17% of items sold in 2024 were returned in 2024, totaling $890 billion, which is 15% higher than the previous year. The trade…
by - January 18, 2025 11:20 am
Unable to renew a store lease in Newport, Ark., and the desire to reach better hunting areas are two of the many reasons Sam Walton moved his small retail store…
by - January 17, 2025 7:52 pm
Walmart on Friday (Jan. 17) opened part of its new corporate campus sprawled over 350 acres in the heart of Bentonville to the media. More than 15,000 corporate employees will…
by - January 17, 2025 12:52 pm
Walmart has agreed to sell its robotics business to Massachusetts-based Symbotic for $200 million at closing with additional future contingency payments. Walmart is also paying Symbotic $520 million for automated…
by - January 17, 2025 11:21 am
The National Retail Federation (NRF) reported that November and December spending totaled $994.1 billion, up 4% over the same period in 2023. Spending came in ahead of the trade group’s…
by - January 15, 2025 10:26 am
While Walmart has downsized its global portfolio, the retail giant continues to invest in countries where it sees growth opportunities. The company recently said it will invest $1.3 billion in…
by - January 14, 2025 1:29 pm
December holiday sales rose 7.24% from a year ago and advanced 1.74% from the prior month, according to the CNBC and National Retail Federation Retail Monitor data that excluded automobiles…
by - January 13, 2025 3:20 pm
Consumers continue to spend more of their grocery dollars online with total U.S. e-grocery sales of $9.6 billion in December, up 18.52% compared with December 2023, according to Brick Meets…
by - January 9, 2025 10:09 am
Early reports of online holiday spending (Nov. 1 to Dec. 31, 2024) peg U.S. sales rising 8.7% to $241.4 billion, ahead of earlier estimates by Adobe Analytics. The figures are…
