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…
by - February 4, 2021 2:43 pm
Tyson Foods is launching an in-plant educational and career development pilot program that provides workers with jobs skills training and workforce certifications beginning this year at no cost to workers….
by - February 3, 2021 2:58 pm
Tyson Foods says it is owed at least $225 million from Easterday Ranches after the feedlot operator allegedly falsified records and said it fed more than 200,000 non-existent cattle from…
by - February 2, 2021 3:31 pm
Consumers are planning to spend this Valentine’s Day, but it won’t be on outings thanks to COVID-19. The National Retail Federation estimates total spending will be $21.8 billion, or $164.76…
by - February 1, 2021 1:06 pm
Tyson Foods is one of three major meat processors targeted in a congressional probe regarding COVID-19 outbreaks last year in meatpacking facilities. The U.S. House panel will investigate whether Tyson…
by - January 30, 2021 10:33 am
Many consumer packaged goods (CPG) manufacturers saw a hefty increase in online sales of food during the COVID-19 pandemic that slowed the global economy in 2020 and continues into 2021….
by - January 29, 2021 3:27 pm
The COVID-19 global pandemic has been felt around the world. According to Catherine Mann, global economist at Citi Research, the rate of recovery is mixed. She spoke virtually at the…
by - January 27, 2021 5:13 pm
While Nielsen reports viewership of National Football League games were down 7% during the regular season, the National Chicken Council forecasts record consumption of chicken wings during the Feb. 7…
by - January 26, 2021 11:05 pm
Walmart is planning to add compact modular warehouses to some of its supercenters as part of a long-term effort to improve its ability to fulfill online orders for grocery pickup…
by - January 25, 2021 3:04 pm
Walmart may have been deemed a retail winner during the COVID-19 pandemic, but the retail giant still faces operational challenges, according to R5 Capital analyst Scott Muskin, who last week…
by - January 23, 2021 9:51 am
In recent years, Walmart has poured money and resources into growing its media group or advertising arm. Investment retail watchers say it is timely, and the retailer said it helps…
by - January 21, 2021 4:07 pm
The four biggest cities in Northwest Arkansas reported a cumulative 12.28% gain in sales tax revenue in the January reports. Revenue totaled $7.032 million, compared to $6.263 million reported a…
by - January 20, 2021 11:48 am
Springdale-based Tyson Foods will pay $221.5 million to settle all claims in antitrust litigation over decades-long collusion and price-fixing of broiler chicken. This is the largest settlement of all the…
by - January 19, 2021 5:40 pm
Lowell-based J.B. Hunt Transport Services ended fiscal 2020 on a high note with better-than-expected net income in the fourth quarter and revenue growth of 12% from a year ago. The…
by - January 19, 2021 3:39 pm
Consumers spent more during the holidays – especially with online sales – than analysts and experts expected despite the ongoing pandemic, according to the National Retail Federation. The trade group…
