by - August 24, 2020 3:37 pm
The four largest cities in Northwest Arkansas had combined sales tax revenue of $6.787 million in the August report. Revenue rose 3.4% from a year ago and reversed the downward…
by - August 22, 2020 9:51 am
It’s a long way from Grand Teton to Bentonville, but news about good-for-you food travels fast. That’s how Kate Schade, a skier and outdoor enthusiast, got her all-natural energy bars…
by - August 21, 2020 3:51 pm
Several retail analysts raised their target price estimates for Walmart shares following stellar second-quarter results and in spite of some cautionary sentiment from the retail giant, who gave no earnings…
by - August 18, 2020 12:09 pm
The National Retail Federation reported retail sales rose 2.7% in July from a year ago. Sales were 1.2% better than June but economists worry about declining sales beginning in August…
by - August 18, 2020 9:31 am
Walmart’s second-quarter net income blew past analyst expectations with results fueled by a 97% increase in e-commerce sales and U.S. comp sales growth of 9.3%. Walmart’s adjusted earnings per share…
by - August 17, 2020 4:41 pm
The Animal Welfare Institute and Farm Sanctuary filed a federal lawsuit against the U.S. Department of Agriculture claiming failure to require humane handling of poultry at slaughter. The groups said…
by - August 17, 2020 12:43 pm
U.S. meat production is on track for a record year, according to Derrell Peel, livestock marketing specialist at Oklahoma State University Extension. Peel said before COVID-19, it was recognized that…
by - August 13, 2020 3:51 pm
Walmart has been deemed a winner in challenges caused by COVID-19. While analysts largely remain bullish on the Bentonville-based retailer, they also expect slightly lower net income for the second…
by - August 13, 2020 2:25 pm
Walmart will continue having corporate office employees working remotely through Jan. 31, 2021. The retail giant just marked 20 weeks of remote working amid the COVID-19 pandemic and said it…
by - August 13, 2020 1:54 pm
With the COVID-19 global pandemic, more retail sales are occurring online as consumers stay in their homes. A recent report by legal software firm LexisNexis Risk Solutions found that the…
by - August 12, 2020 4:01 pm
The Endeavor Foundation has rebranded itself as the Excellerate Foundation to better reflect its commitment to serving those in the region by working with existing resources while also spending $2.5…
by - August 12, 2020 12:28 pm
Retailers are importing less merchandise this year and the annual decline is estimated at 9.4%, the lowest volume since 2016, according to the National Retail Federation. The trade group estimates…
by - August 11, 2020 5:14 pm
Walmart is partnering with San Fransisco-based Instacart for grocery and general merchandise delivery in Tulsa, Okla., and the California cities of Los Angeles, San Francisco and San Diego. The same-day…
by - August 8, 2020 9:48 am
The back-to-school shopping season is underway, but families are still undecided or unsure whether their kids will return to classrooms this year or continue with virtual education as the COVID-19…
by - August 3, 2020 12:41 pm
Tyson Foods said costs related to COVID-19 totaled $340 million, and that did not include direct costs related to absenteeism. The expense hurt the meat giant’s bottom line in the…
by - July 30, 2020 3:44 pm
Tyson Foods announced Thursday (July 30) a new COVID-19 monitoring program focused on continued testing of workers and expanded medical staffing in order to strengthen protections against the virus in…
by - July 30, 2020 11:43 am
Tyson Foods is expected to report leaner third-quarter net income and revenue amid challenging poultry fundamentals, ongoing pressures from COVID-19 and its impact on meatpacking plants and weak demand from…
by - July 30, 2020 11:23 am
Walmart is restructuring its U.S. business and hundreds of employees are being laid off, according to sources. The downsizing, according to sources familiar with the company, is part of Walmart’s…
by - July 29, 2020 1:00 pm
There are several suitors vying for JCPenney, which filed bankruptcy in May. Sycamore Partners, a private equity firm based in New York, is the leading bidder at $1.75 billion, with…
by - July 29, 2020 11:18 am
Tyson Foods and Wayne Farms were named in a federal lawsuit filed Tuesday (July 28) in the District of Columbia by the United Food Commercial Workers Union (UFCW) against the…
