Author: Kim Souza

Kim Souza

Webinar: Gen Z is critical in meeting workforce needs

Generation Z is now the latest age demographic to enter the workforce. Born between 1997 and 2012, the workforce ranges in age from 13 to 28, and numbers roughly 69.3…

Tyson Foods adds Microsoft exec to its board, announces dividend

Tyson Foods has appointed Sarah Bond, CEO of Xbox and a Microsoft executive, to its board of directors, effective immediately, the Springdale-based global company announced Thursday (Aug. 7). “Sarah is…

The Supply Side: Retail store closures totaled about 6,000 in the first half of 2025

The retail landscape continues to shift with roughly 6,000 store closings announced in the first half of this year or about 123.7 million square feet of vacated retail space, according…

Tyson Foods’ net income beats estimates, beef segment losses continue

Tyson Foods on Monday (Aug. 4) reported better-than-expected third quarter numbers and boosted full-year sales guidance, sending the stock price up more than 4% in early trading. The Springdale-based meat…

The Supply Side: Walmart not pulling back from the China market

Convenience is essential in successful retail around the globe. Walmart knows this and continues to make significant investments in its omnichannel transition across its international portfolio. Kath McLay, CEO of…

Tyson Foods expected to report a 9% decline in third-quarter net income

Despite financial improvement in the chicken segment, Tyson Foods is expected to report a decline in net income and a small gain in revenue when it reports fiscal third-quarter earnings…

Amazon’s extended-day Prime event helped Walmart, Target

Mid-summer sales have become important for the major retailers who fiercely compete with promotions to boost revenue in their summer quarters. This year, Amazon expanded Prime Day from two to…

Sales tax revenue up more than 4% in Northwest Arkansas cities

Sales tax revenue totaled more than $67.3 million for the first seven months of reports in 2025 for Bentonville, Fayetteville, Rogers and Springdale, up 4.03% compared with the same period…

The Supply Side: Walmart’s security center keeps tabs on global threats

In addition to a focus on its broad retail operation, Walmart keeps tabs on threats with its Global Security Operations Center (GSOC) to its assets worldwide, which include facilities, personnel,…

Buy now, pay later usage increasing, delinquencies rise

Consumers are using buy now, pay later (BNPL) services to cover daily expenses, according to a survey by CouponBirds. Usage is expected to rise in the back half of this…

The Supply Side: New profit centers fuel Walmart

Walmart CEO Doug McMillon says he is a self-proclaimed “retail lifer and gadget geek.” He is also a risk-taker, much like founder Sam Walton, who at age 64 experimented with…

Walmart again cutting hundreds of corporate jobs

Walmart is reportedly eliminating hundreds of jobs that support stores, market managers, and coaching positions around its training academies. The retail giant made the announcement Wednesday (July 16) and it…

Online grocery sales rise 27% in June, food at home prices up 2.4%

Consumers spent $9.8 billion in June purchasing groceries online, up 27% from $7.7 billion reported a year ago, according to Mercatus and the Brick Meets Click Grocery Shopper Survey. Food-at-home…

Field Agent rebrands to Storesight, touts new data technology

Fayetteville-based Field Agent is rebranding the company name to Storesight as part of an effort to reflect its growing services and 2024 acquisition of artificial intelligence (AI)-powered Shelfgram, according to…

NRF: Retail sales slowed in June

The National Retail Federation (NRF) reports that retail sales slowed in June with the likely cause being continued consumer worries about the impact of government policies on the economy. Total…

Consumer spending up almost 10% with online sales events

Consumer spending was up 9.9% on the first day — July 8 — of Amazon Prime Days compared with the first day in 2024, according to Adobe. U.S. online sales…

The Supply Side: Walmart’s fashion segment now a $29.5 billion business

While Walmart is the socks, T-shirts and underwear retailer for tens of millions of consumers, it has become much more in recent years, according to Deanah Baker, who spent 32…

Former Walmart exec to lead the stand-alone Family Dollar business

Duncan MacNaughton, a former head of merchandising at Walmart, is the chairman and CEO of Family Dollar following a sale of the brand by Chesapeake, Va.-based Dollar Tree. Dollar Tree…

The Supply Side: Catfish Hole relish now on shelves at select Walmart stores

Britain White, CEO of Catfish Hole, has some of the restaurant-branded food on Walmart shelves. He said the process with Walmart was smooth, and he hopes to have more products…

Report: Consumers want more than low prices, are ‘more discerning’

Inflation has caused consumers to be more price focused, but a new report from Deloitte found that consumers are moving toward brands that offer “more value for the price.” The…