by - June 10, 2020 5:57 pm
Springdale-based Tyson Foods is one of several chicken processors indicted by the U.S. Department of Justice in price-fixing allegations under investigation for the past three years. The DOJ and a…
by - June 10, 2020 12:28 pm
It’s been two years since Walmart launched its $1-per-day college education benefit to employees. The retailer said Wednesday (June 10) it’s expanding the program to include certificates in skilled trades,…
by - June 9, 2020 5:23 pm
Small business owners surveyed in May reported a slight uptick in overall optimism with an index reading at 94.4, an improvement from April’s reading of 90.9, according to the National…
by - June 8, 2020 3:14 pm
Arkansas will be home to nine JC Penney stores after the company closes four locations in the state as part of the Plano, Texas-based retailer’s Chapter 11 bankruptcy. The four…
by - June 6, 2020 5:15 pm
On the day Walmart would have normally held its star-studded shareholder’s celebration CEO Doug McMillon met virtually with employees to announce a $100 million commitment the retail giant and its…
by - June 4, 2020 4:22 pm
According to data from market research firm IRI, consumer behaviors have shifted in the past few weeks amid COVID-19 (coronavirus). Consumers are buying more private brands than usual, making more…
by - June 3, 2020 2:23 pm
Amid the COVID-19 pandemic, Walmart Inc. made history Wednesday (June 3) with its first-ever virtual shareholder’s meeting. It lasted just under one hour, including a question-and-answer segment with company executives. …
by - June 3, 2020 12:39 pm
COVID-19 has prompted Walmart to rethink usage of the new corporate home office design and some divisions will likely continue to work remotely. President and CEO Doug McMillon said Wednesday…
by - June 3, 2020 12:02 pm
Fashion has not ever been a winning category at Walmart, but in recent years the retail giant has moved to expand its apparel lines in stores and online. Last week…
by - June 1, 2020 2:50 pm
U.S. beef markets are starting to recover from several weeks of upheaval after packing plants around the country were hit hard with COVID-19. Derrell Peel, livestock marketing specialist for Oklahoma…
by - May 30, 2020 10:47 am
The financial impact from the COVID-19 (coronavirus) pandemic has hit the retail segment hard as thousands of stores were temporarily closed and millions of employees were furloughed and told to…
by - May 29, 2020 2:29 pm
The Northwest Arkansas Council, working with local, state and federal healthcare officials, has assembled a reference guide for employers. It is intended to offer guidance to help minimize health risks…
by - May 28, 2020 6:23 pm
Walmart will hold its annual shareholder business meeting virtually at 10:30 a.m. on June 3 as the company continues to take precautions to safeguard its employees and shareholders amid the…
by - May 28, 2020 12:43 pm
Tuesday Morning, focused on off-price home goods, has filed Chapter 11 bankruptcy with plans to permanently close about 230 of its 687 stores. The retailer cites the prolonged closure of its…
by - May 27, 2020 5:04 pm
Editor’s note: This is the final of a two-part series about retail industry executives who worked at Walmart. Link here for the first article. Walmart is known as a talent…
by - May 26, 2020 5:25 pm
The four largest cities in Northwest Arkansas reported tax revenue from March of $6.22 million, up 4.75% from the year-ago period. The May report reflects sales tax collected in March…
by - May 26, 2020 1:24 pm
Editor’s note: This is the first of a two-part series about retail industry executives who worked at Walmart. Walmart is a stepping stone for retail industry executives who spend a…
by - May 19, 2020 1:20 pm
Walmart said Tuesday it will discontinue Jet.com, but the retailer did not note when the site will come down or what will happen to the inventory Jet holds. Walmart did…
by - May 19, 2020 12:56 pm
Walmart on Tuesday (May 19) reported revenue of $134.6 billion, above the $132.7 billion consensus estimate and 8.6% better than a year ago. Net income was $3.99 billion, up 3.9%…
by - May 18, 2020 5:39 pm
Consumers wanting steaks, tacos and burgers paid record high prices for fresh and choice beef, according to the May 12 Daily Livestock Report by the U.S. Department of Agriculture. The…
