by - February 22, 2024 4:32 pm
The four largest cities in Northwest Arkansas had combined sales tax revenue of $10.367 million in their February reports, up 3.13% from the year-ago period. Bentonville, Fayetteville, Rogers and Springdale…
by - February 20, 2024 12:37 pm
After a week of speculation, Walmart on Tuesday (Feb. 20) confirmed it has agreed to acquire television/media brand Vizio for $2.3 billion. The offer is $11.50 per share in cash…
by - February 20, 2024 10:40 am
Walmart reported fiscal fourth quarter net income of $5.494 billion, down 12.4% compared with the same quarter in the previous year, and revenue totaled $173.388 billion, up 5.7%. Unadjusted earnings…
by - February 18, 2024 9:18 am
With more than 4,700 retail U.S. stores, Walmart has 139 million customers each week in stores and online. Walmart is leveraging its scale to entice advertisers who can bundle in-store…
by - February 16, 2024 2:08 pm
Walmart is expected to outperform analysts’ expectations on the top and bottom lines when it reports fourth quarter and fiscal 2024 earnings on Tuesday (Feb. 20) ahead of the market…
by - February 13, 2024 6:25 pm
Consumer spending remained steady in January with retail sales up 2.34% from a year ago, according to data from the National Retail Federation (NRF), CNBC, and Affinity Solutions. Sales that…
by - February 13, 2024 1:09 pm
Tyson Foods is brandishing a new corporate logo that is consistent with the Tyson Foods chicken brand and is a return to the red and yellow scalloped oval with the…
by - February 11, 2024 9:14 am
There is no such thing as free retail returns for online orders. The retailer or online seller often absorbs the costs. For example, Amazon Prime members get free returns with…
by - February 8, 2024 3:42 pm
No frills, no pomp and circumstance and no protestors at the 61st annual Tyson Foods shareholder meeting held Thursday (Feb. 8) morning in Springdale. Board Chair John H. Tyson spoke…
by - February 8, 2024 8:05 am
More consumers are returning to grocery stores to make food purchases, with total U.S. e-commerce grocery sales down 2% in 2023 from the prior year. Order frequency and total ticket…
by - February 6, 2024 3:12 pm
Editor’s note: The State of the State series provides reports twice a year on Arkansas’ key economic sectors. The series publishes stories to begin a year and stories in July/August…
by - February 5, 2024 6:06 pm
Retailers and restaurants are ready to cash in on an expected $25.8 billion for Valentine’s Day spending this year, including $14.2 billion consumers will spend on significant others, according to…
by - February 5, 2024 12:15 pm
Tyson Foods outperformed expectations during the fiscal first quarter that ended Dec. 31. According to Monday’s (Feb. 5) earnings report, net income was $107 million, well below the $320 million…
by - February 2, 2024 11:08 am
Tyson Foods may post lower profits when it reports first-quarter earnings on Monday (Feb. 5.) Net income is forecast at $142.094 million, or 40 cents per share, down 55% from…
by - January 29, 2024 6:18 pm
U.S. companies announced 55% more CEO changes in 2023 than in 2022, according to a report by outplacement firm Challenger, Gray & Christmas that included public U.S. businesses as well…
by - January 29, 2024 6:10 pm
Walmart store managers will be eligible for annual stock grants of up to $20,000, Walmart U.S. CEO John Furner announced Monday (Jan. 29). The Bentonville-based company also announced that Jane…
by - January 27, 2024 9:25 am
Opines, a retail showroom, opened in the Northwest Arkansas Mall in Fayetteville this past August and has been helping suppliers to Walmart and Sam’s Club garner hundreds of authentic reviews…
by - January 26, 2024 7:41 pm
After a better-than-expected economy in 2023, a 2024 economy should see reduced consumer spending, lower wage growth and a slightly higher unemployment rate, according to economists speaking Friday (Jan. 26)…
by - January 25, 2024 3:13 pm
Tyson Foods opened a new processing plant in Bowling Green, Ky., this week. The 400,000-square-foot plant cost $355 million to build and outfit and will employ around 450 workers. The…
by - January 25, 2024 10:34 am
With 2023 now in the rear-view mirror, retail prognosticators expect some consumer behaviors to return to the pre-COVID era and continue embracing newer trends such as immersive shopping experiences, suburban…
