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The used vehicle market is expected to moderate this year, but prices won’t return to pre-pandemic levels amid tight supply and strong demand, an economist said. In a recent webinar,…
by - January 22, 2022 8:31 am
Research firm IRI expects food prices to rise an overall 5% in the first half of 2022, though the increases will depend on the grocer and location. In the December…
by - January 22, 2022 8:27 am
According to QSR magazine, a major trade publication for the industry, Fayetteville-based Slim Chickens has had no trouble standing out in the world of quick-service restaurants. In a lengthy profile…
by - January 20, 2022 2:34 pm
Tom Ward was promoted to executive vice president and chief e-commerce officer for Walmart U.S. ahead of the upcoming departure of Casey Carl after just eight months at that job….
by - January 20, 2022 1:11 pm
Fayetteville auto dealer Blake Harris recently completed a 1.9-acre commercial real estate purchase and is planning a business expansion. Harris, who owns B&B Auto Sales at 2555 N. College Ave.,…
by - January 18, 2022 5:01 pm
As predicted by economists, consumers spent big during the 2021 holiday season with retail sales up 14.1% year over year. The growth beat the 10.5% estimate made in October by the…
by - January 18, 2022 11:34 am
Amazon, H-E-B, Trader Joe’s, Aldi, Publix and Wegmans, each ranked ahead of Sam’s Club and Walmart in the fifth annual Retailer Preference Index from consulting firm Dunnhumby. The RPI report…
by - January 17, 2022 8:55 am
The National Retail Federation (NRF) has elected Walmart U.S. President and CEO John Furner chairman of the NRF board of directors. Furner assumes a role previously held by Qurate Retail President…
by - January 14, 2022 4:30 pm
Scott McCall, chief merchandising officer at Walmart U.S., is retiring after nearly 30 years with the retail giant. McCall will work in a consultant role with chief operating officer Chris…
by - January 13, 2022 1:16 pm
An Einstein Bros. Bagels franchise is expected to open this spring at Northwest Arkansas National Airport (XNA) in Highfill. Mike Philip, co-owner of Springdale-based franchisee Philip Enterprises Inc., said the…
by - January 11, 2022 2:34 pm
Numerous retailers saw top C-suite turnover in 2021 as the COVID-19 pandemic raged and supply chain disruptions worsened. Former Sam’s Club CEO and chief operating officer at Starbucks, Roz Brewer,…
by - January 8, 2022 9:10 am
While the backlog of inventory is easing, supply chain executive Kevin Williamson predicts it will be the middle or even late 2022 before the flow of goods and order cancellations…
by - January 5, 2022 5:13 pm
Walmart will expand its InHome delivery service, first piloted in 2019, and make it available to more than 30 million U.S. homes in 2022. The service has a Walmart employee…
by - January 3, 2022 1:43 pm
Holiday shoppers spent big between Nov. 1 and Dec. 25, pushing sales up 8.5%, the biggest increase in 17 years, according to the Mastercard SpendingPulse report. Mastercard had forecasted holiday spending…
by - January 2, 2022 10:23 am
A Texas real estate investment firm closed a deal on Dec. 29 to purchase a high-profile commercial development on College Avenue in Fayetteville. City Center North LLC paid $9 million…
by - January 2, 2022 10:04 am
Remember when retail stores were considered a thing of the past? Not anymore, according to Coresight Research, who said: “for the first time in four years, U.S. retailers will open…
by - December 31, 2021 12:53 pm
For the first time in 57 years, the Fowler family in Jonesboro is not in the KFC franchise business. Fowler Foods President Chris Fowler told Talk Business & Politics his…
by - December 20, 2021 12:33 pm
Thrift stores and online resale marketplaces have been trending for several years. Still, as the 2021 holiday season approached and supply chain challenges persisted, more consumers were open to that…
by - December 18, 2021 10:00 am
A recent 38-page report by consulting firm McKinsey & Co. compiled with Retail Industry Leaders Alliance (RILA) outlined imperatives for rethinking retail. The researchers surveyed 30 retailers to gain insights…
by - December 16, 2021 7:42 am
Rogers-based America’s Car-Mart announced Wednesday (Dec. 15) a deal to purchase the dealership assets of Smart Auto Inc., Smart Auto Johnson City Inc. and Bright Motors Co. Financial terms of…
