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Rogers-based America’s Car-Mart Inc. is expected to post a decline in earnings in the first quarter of fiscal 2023, while revenue is projected to increase by double digits amid lower…
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Consumers saw the highest grocery prices in 43 years in July, with food at home costs rising 10.9% from a year ago. Food eaten in restaurant costs were 13.1% higher…
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Inflation is taking a toll on family budgets just as the back-to-school shopping season gets underway. The National Retail Federation reports that 38% of families admit having to cut back…
by - August 9, 2022 3:03 pm
Port congestion has been a major challenge for retailers in the past 18 months. But after a record-setting spring, imports at the largest U.S. ports are expected to slow for…
by - August 4, 2022 7:52 am
In his heyday, Cameron Smith was among the world’s best professional fast-pitch softball pitchers. In the 1980s, he toured with the legendary Eddie Feigner and his barnstorming, four-person team known…
by - August 3, 2022 6:31 pm
Walmart confirmed Wednesday (Aug. 3) that the company is restructuring several of its departments within the corporate structure which will result in the loss of about 200 jobs in Bentonville…
by - August 3, 2022 9:43 am
Drive-thru coffee concept, 7 Brew, will open its first Little Rock location at 11100 N. Rodney Parham Rd., the site of the former Shorty Small’s. The new location will open…
by - August 2, 2022 7:11 pm
Discount retail chain Dollar General announced Tuesday (Aug. 2) a new initiative in Little Rock to provide fresh fruits and vegetables at 10 of its area stores. The effort is…
by - August 2, 2022 5:57 pm
Consumers limited trips to restaurants during the second quarter of 2022, according to the NPD Group. Inflation and menu price increases led to a 2% dip in physical and online…
by - August 2, 2022 2:45 pm
Retailers large and small are likely to continue managing through a mountain of challenges in the back half of 2022. Continued supply chain delays, escalating prices, labor shortages and the…
by - August 2, 2022 1:25 pm
Fayetteville-chartered Arvest Bank announced Tuesday (Aug. 2) that Ninish Ukkan has joined the company as chief technology officer to lead the development of its next-generation banking platform in the cloud….
by - August 1, 2022 2:47 pm
Del Sloneker, the influential Walmart executive who worked in several leadership positions around the world for the Bentonville retailer, is retiring at the end of the year, according to a…
by - August 1, 2022 2:39 pm
According to a new report, e-commerce giant Amazon continues to lead Walmart in both overall consumer and retail spending as the Bentonville-based retailer has seen a declining share in nearly…
by - August 1, 2022 8:08 am
Missouri-based Club Car Wash announced Monday (Aug. 1) its entrance into the Arkansas market through the acquisition of Speedy Splash Carwash. Financial terms were not disclosed. The deal includes 10 locations in…
by - July 31, 2022 9:13 am
As Walmart wraps up its ninth year of what is to be a two-decade-long manufacturing jobs initiative, more manufacturers are showing interest in onshoring some of their overseas production, according…
by - July 27, 2022 4:54 pm
Benefitting from its big merger with QuickChek, Murphy USA reported higher revenues and profits as the El Dorado-based convenience store chain had a healthy second quarter. For the three months…
by - July 27, 2022 9:21 am
A rock climbing startup from the inaugural cohort of the University of Arkansas’ Greenhouse Outdoor Recreation Program (GORP) has launched its first product line. Lacaida Ropes is a veteran and Latino-owned direct-to-consumer business…
by - July 25, 2022 5:59 pm
Walmart is the second major big-box retailer to lower earnings guidance in recent weeks as consumer spending on non-essentials is slowing amid the highest price surges for food and fuel…
by - July 24, 2022 10:49 am
Ten years ago, Jon and Andrea Allen dreamed of having the world’s best coffee. They started Onyx Coffee Lab in May 2012, and you can make an argument that they’ve…
by - July 22, 2022 11:45 am
This month, Walmart turned 60 years old, but the retail giant is not resting on its laurels. “We might be the largest retailer, but we also want to be the…
