by - August 7, 2019 8:58 am
Walmart CEO McMillon shares reaction from El Paso
Walmart has been the center of attention this past week and not in a good way as two stores were sites of fatal shootings which left two employees dead in…
Author: Kim Souza
by - August 6, 2019 3:42 pm
Reports suggest impact will vary for retailers with increased Chinese tariffs
Moody’s analyst Charles O’Shea believes many major retailers have insulated themselves against the potential impacts of a 10% tariff against Chinese imports President Donald Trump has said will begin Sept….
by - August 5, 2019 12:45 pm
Walmart losses in Africa continue, new leadership working on turnaround
Walmart’s 51% stake in South African retailer Massmart continues to disappoint as the retailer forecast more lower-than-expected earnings across all four of its divisions for the six months ended June…
by - August 5, 2019 12:24 pm
Tyson Foods beats quarterly income estimates, year-to-date sales up 4.8%
Tyson Foods outperformed Wall Street expectations for its fiscal third quarter with net income of $676 million, or $1.84 per share, up from $541 million, or $1.47 per share, in…
by - August 5, 2019 12:21 pm
Fayetteville physician creates destination for bariatric surgery on national scale
As Northwest Arkansas continues its journey to becoming a healthcare destination, one group of doctors is already there. Over the past 12 years, Dr. Josh Roller and his team of…
by - August 4, 2019 6:48 pm
Store walks never go out of style for retired Walmart execs
Retail is a detailed business, and even though online sales growth is eclipsing brick-and-mortar, the physical store has likely never been more important, according to Andy Wilson, retired Walmart executive….
by - August 2, 2019 5:27 pm
Tyson Foods, beef industry applaud new U.S. export deal with EU
The European Union has never been a large market for U.S. beef exports, but President Trump announced Friday (Aug. 2) an agreement that will allow sales of 35,000 tons of…
by - August 1, 2019 3:31 pm
The Supply Side: Beauty category shifts online; Amazon, men behind push
The beauty category is valued at more than $93 billion in North America and much of the growth in the high-margin category is online, fueled by social media and startup…
by - August 1, 2019 8:02 am
Analyst: Weak hide, product values dampen cattle prices
Prices for cow hides and beef by-product values have even eroding sharply in the last 18 months, according to Derrell Peel, extension livestock marketing specialist at Oklahoma State University. He…
by - July 31, 2019 1:15 pm
Wall Street expects lower 3Q profits for Tyson Foods, but higher revenue
Tyson Foods is expected to report lower profits on Monday (Aug. 5) for the meat giant’s third-quarter ending June 30. Wall Street consensus is $1.47 per share, compared to $1.50…
by - July 31, 2019 10:32 am
Walmart mulls future of Jet.com three years after acquisition
When Walmart paid $3.3 billion for Jet.com in August of 2016, Wall Street saw the move as bold step — and somewhat necessary — to help the Bentonville-based retailer up…
by - July 29, 2019 12:24 pm
Amazon concedes market share in battle for online consumer goods sales
Amazon remains the undisputed leader in online sales of consumer packaged goods (CPG) with 39% market share, but that’s down from 43% in 2017, according to a Nielsen report. Instacart,…
by - July 25, 2019 7:43 pm
Coaches hear about awareness of, treatment for heat-related illnesses
More than 400 coaches from the Northwest Arkansas area spent Thursday (July 25) learning about heat-related illness and other physical ailments that will claim more than 658 lives this year….
by - July 24, 2019 4:31 pm
Northwest Arkansas sales tax revenue up more than 9% in July
Consumers are in a position to spend given the growing national economy, according to National Retail Federation (NRF) CEO Matthew Shay. The same is true in Northwest Arkansas as the…
by - July 23, 2019 1:30 pm
The Supply Side: Walmart’s Bratspies talks gender equality, Open Call, private brands
Steve Bratspies, the chief merchandising officer for Walmart, recently sat down with the Northwest Arkansas Business Journal for an interview to discuss gender equality and supplier-related topics ahead of the…
by - July 23, 2019 11:36 am
Willow Creek Women’s Clinic, March of Dimes partner on new program for expectant mothers
The March of Dimes and AMAG Pharmaceuticals have teamed up with Willow Creek Women’s Clinic in Johnson to offer a new supportive pregnancy care (SPC) program aimed at improving the…
by - July 22, 2019 3:01 pm
U.S. cattle inventory reaches a plateau
The July Cattle report shows the inventory of all cattle and calves in the U.S. was unchanged year-over-year at 103 million head as of July 1. The inventory of beef…
by - July 22, 2019 1:26 pm
Watchdog groups sue Tyson Foods, allege false marketing of environmental stewardship
Environmental groups Food & Water Watch and the Organic Consumer Association have sued Tyson Foods, alleging deceptive marketing and advertising. The groups say it is false for Tyson Foods to…
by - July 19, 2019 1:55 pm
Walmart CEO makes personnel moves, seeks to ‘balance the need for focus and speed’
Walmart CEO Doug McMillon on Friday (July 19) announced several organizational and management changes. While there are several executives shifting positions, Walmart said the changes do not involve anyone exiting…
by - July 18, 2019 5:53 pm
It remains unclear if online grocery will help Walmart’s online division be profitable
Walmart.com continues to ring up large losses, which insiders project will be $1 billion this fiscal year. Though Walmart does not break out its online sales, the retailer has said…