by - March 5, 2020 1:35 pm
Walmart said Thursday (March 5) it is restricting all cross-border international travel business trips. The large Walmart U.S. Customer Conference – formerly the year beginning meeting – to take place in…
by - March 4, 2020 6:45 pm
Walmart has made no secret about its desire to end grocery operations in the United Kingdom in order to focus on higher-growth markets like India, China and Mexico. The retailer…
by - March 4, 2020 6:33 pm
Dr. Dan Conway, new to the University of Arkansas as associate director and professor at the Blockchain Center of Excellence, said the U.S. continues to lag behind other countries such…
by - February 29, 2020 9:41 am
The National Retail Federation (NRF) recently teamed with data science leader IBM to study global consumer shopping trends, which the researchers said have fundamentally changed. The biggest change to shopping…
by - February 27, 2020 2:43 pm
The National Retail Federation has forecast retail sales of roughly $3.9 trillion this year, growing between 3.5% and 4.1%, despite uncertainty from lingering trade concerns, coronavirus and the presidential election….
by - February 26, 2020 3:40 pm
The retail apocalypse in 2019 saw more than 9,300 store closures, nearly double that in 2018. But analysts interviewed by Talk Business & Politics expect closures to moderate in 2020….
by - February 26, 2020 2:43 pm
Consumer spending in December helped to rally sales tax revenue reported this month by the region’s four largest cities. Bentonville, Fayetteville, Rogers and Springdale cumulatively reported sales tax revenues were…
by - February 25, 2020 12:38 pm
Walmart U.S. CEO John Furner and Marc Lore, CEO of Walmart U.S. eCommerce, sent an internal email Tuesday (Feb. 25) to announce several changes to the merchandising division. According to…
by - February 24, 2020 2:56 pm
Bentonville welcomed Caryl Stern to the city as the new executive director for the Walton Family Foundation by having her take part in a panel discussion on Monday (Feb. 24)…
by - February 22, 2020 10:20 am
Editor’s note: Since this story was originally published in the Feb. 17 issue of the Northwest Arkansas Business Journal, Walmart reported fourth-quarter and fiscal 2020 earnings. In the quarter ending…
by - February 21, 2020 3:39 pm
It took roughly six years of planning and undisclosed millions to breathe life into the former Kraft Cheese plant a few blocks from the downtown Bentonville square. The Momentary is…
by - February 19, 2020 6:46 pm
Tyson Foods CEO Noel White said despite the opening of China for U.S. protein, a six-fold increase in pork exports, and robust chicken exports to begin 2020, the new coronavirus…
by - February 19, 2020 5:28 pm
Walmart continues to draw Wall Street support, despite the slight earnings miss in the retailer’s fourth-quarter reported Tuesday (Feb. 17). Some analysts polled by Talk Business & Politics believe Walmart…
by - February 18, 2020 5:13 pm
Walmart U.S. CEO John Furner said his team recently placed online orders for various items such as food, sporting goods and hardware. He said the experience was not fluid because…
by - February 18, 2020 11:24 am
Strong holiday sales helped to push revenue higher for Walmart in the fourth quarter of fiscal 2020, and for the fiscal year ending Jan. 31. Total revenue for the retail…
by - February 15, 2020 11:17 am
Artificial intelligence (AI), otherwise known as machine learning, is slowly reshaping retail from optimizing back-end supply chain operations to in-store execution. It is also impacting marketing, customer service engagement and…
by - February 13, 2020 5:03 pm
It’s been two and a half years since Walmart began testing its white-glove concierge shopping service dubbed Jet black. After much speculation that Walmart would spin-off the venture given its…
by - February 13, 2020 4:02 pm
This world’s largest retailer is expected to post a fourth-quarter net income of $1.44 per share in its Feb. 18 report, which represents a year-over-year increase of 2.1%. Net income…
by - February 12, 2020 2:41 pm
China is a long way from Northwest Arkansas but its impact to the region’s two largest companies is important. Tyson Foods and Walmart each have substantial operations in China and…
by - February 12, 2020 12:02 pm
Walmart continues to make personnel changes as the retailer’s new fiscal year gets underway. The latest realignment is taking place in the company’s vast marketing division, headed up by chief…
