by - July 13, 2021 2:59 pm
The Federal Reserve estimated consumer prices will jump 3.4% in the fourth quarter compared to last year. Retail food and consumable prices are up between 8% and 9% compared with…
by - July 9, 2021 8:46 am
U.S. discretionary spending on general merchandise continues to be healthier than expected. Dollar sales for the week ending June 12 rose 15% over the same period two years ago, continuing…
by - July 6, 2021 12:57 pm
Beef prices typically increase following Memorial Day with more summer grilling demand but prices this year are trending higher than a year ago, according to Derrell Peel, livestock marketing specialist…
by - July 5, 2021 9:07 am
Digital grocery shopping exploded in 2020 amid the COVID-19 pandemic, accelerating by an estimated five years, according to the IBM Retail Index. But as vaccines reduce COVID’s spread, retailers and…
by - July 1, 2021 5:18 pm
Walmart’s 8th annual Open Call for prospective suppliers took place virtually on June 30. The retail giant said merchant teams heard from more than 900 entrepreneurs who pitched their products…
by - June 26, 2021 10:11 am
Walmart has in recent years implemented a lot of technology to help store employees, but the latest investment in the Me@Walmart mobile app is the best thing local store employees…
by - June 24, 2021 4:55 pm
The June report from Bentonville, Fayetteville, Rogers and Springdale city offices indicates the cumulative sales tax revenue from April sales totaled $7.976 million, up 40.76% from a year ago. Revenue…
by - June 22, 2021 3:06 pm
According to two surveys of shoppers by Adobe Analytics and Numerator, Amazon is on pace for record Prime Day sales this year. During the first 24 hours of the annual…
by - June 17, 2021 6:01 pm
Northwest Arkansas educators and policy makers met at the University of Arkansas in Fayetteville Thursday to discuss the nutritional needs and wellness issues facing children in the region. Pearl McElfish,…
by - June 17, 2021 10:46 am
Amazon’s annual Prime Day sales event has had a noticeable impact on the market share of consumer packaged goods (CPG) categories such as baby and beauty. According to a recent…
by - June 17, 2021 7:42 am
With COVID-19 cases falling amid more vaccinations among U.S. adults, a growing number of families are planning to get together for summer events like Father’s Day, according to recent surveys…
by - June 15, 2021 6:23 pm
The U.S. Department of Agriculture said Tuesday (June 15) it plans to provide roughly $6 billion in additional aid to farmers, ranchers and others who make their living in the…
by - June 15, 2021 6:12 pm
Consumer spending slowed in May from the prior month but retail sales reported by the U.S. Census Bureau jumped more than 28% from the year-ago period to $620.2 billion. That…
by - June 12, 2021 8:05 am
Social commerce, or live streaming shopping events on social media platforms, is gaining traction in U.S. retail. Facebook is expanding its “Live Shopping” with a new promotion slated for Fridays…
by - June 9, 2021 11:34 am
Global food production giant Tyson Foods and retail titan Walmart have set ambitious goals to reach net-zero greenhouse (GHG) emissions by 2050 and 2040, respectively. Springdale-based Tyson Foods said Wednesday…
by - June 8, 2021 12:37 pm
Walmart said Monday (June 7) it’s adding a new perk for Walmart+ members with a prescription benefit dubbed Walmart+Rx for less. The latest benefit will provide additional savings on the…
by - June 5, 2021 9:09 am
Emerging technologies are changing the retail sector at an unprecedented rate. Industry watchers predict the global market for IoT (internet of things) hardware for retail applications will total more than…
by - June 4, 2021 4:35 pm
By Wall Street standards, Walmart had a stellar fiscal 2021, adding revenue of $40 billion to reach a record $560 billion, with U.S. comp sales up 8.6% and e-commerce sales…
by - June 3, 2021 12:49 pm
Summer internships remain a vital way for college graduates or those soon-to-be the opportunity to test the waters in particular fields like retail, technology, finance or supply chain. While many…
by - June 2, 2021 2:15 pm
Walmart held its 51st annual shareholders meeting on Wednesday (June 2), the second year for the virtual-only format. Chairman Greg Penner opened the meeting at 10:32 a.m., applauding president and…
