by - September 3, 2024 3:55 pm
Consumer optimism continued to increase through August, but recent mixed retail earnings, volatility in the equity markets and economic concerns have led analysts with McKinsey & Co. to put a…
by - August 30, 2024 3:54 pm
Rogers-based America’s Car-Mart Inc. is expected to post mixed results in the first quarter of fiscal 2025 as vehicle sales fall and sales price growth moderates, analysts said. Before the markets…
by - August 30, 2024 11:46 am
San Jose, Calif.-based educational technology company ROYBI Inc. recently opened an office at Ledger in Bentonville. The award-winning company sells children’s educational robots that use an artificial intelligence (AI) platform….
by - August 29, 2024 5:19 pm
It’s been 30 years since Walmart acquired 122 Woolco stores in Canada from Woolworth for about $300 million. That was Walmart’s inaugural leap into Canada. Fast-forward to 2024, and Walmart…
by - August 29, 2024 9:37 am
There has been a lot happening in Gabe Moore’s seven years with Fayetteville-based coffee shop, 7 Brew. Moore’s wife, then girlfriend Makayla, was a power tools sales rep to Home…
by - August 26, 2024 12:36 pm
Springdale-based Harps Food Stores Inc. announced Monday (Aug. 26) key leadership changes following the retirement of Mike Thurow, senior vice president of store systems and chief information officer. Jim Bob Tackett,…
by - August 24, 2024 3:24 pm
Medical marijuana sales in Arkansas between January and July total $158.5 million, down 3.7% compared with the $164.6 million in the same period of 2023. Sales since medical marijuana was…
by - August 22, 2024 6:29 pm
Walmart sent a signal that it’s reducing investments in China by selling 144.5 million shares of JD.com, which totaled about $3.7 billion. The trade happened Wednesday, ending the retail giant’s…
by - August 22, 2024 4:44 pm
Matt Herlevic and Shawn Baldwin retired from Walmart within four months of each other in late 2018. The two — with more than 60 years of combined retail experience —…
by - August 22, 2024 4:35 pm
Cumulative sales tax revenue in Bentonville, Fayetteville, Rogers and Springdale totaled $9.958 million in the August report, up 2.53% compared with the same period in 2023. Year-to-date revenue in the…
by - August 21, 2024 8:56 am
Innovation is crucial in retail and Sam’s Club knows it. The Bentonville-based wholesale club has unveiled its retail design studio dubbed the “Clubhouse” on its corporate campus at 2100 Simple…
by - August 19, 2024 4:33 pm
A report from Reshoring Initiative indicates the effort to return manufacturing jobs to the U.S. created 819 reported cases of reshoring in 2023, and foreign direct investment led to 287,000…
by - August 19, 2024 2:36 pm
Far from being a foreign-owned threat to U.S. national security, Ecotech is planning to renovate the former Trane facility in Fort Smith into a manufacturing operation for its consumer products…
by - August 15, 2024 2:09 pm
Rogers-based Onyx Coffee Lab has been certified by Living Wage for Us for the company’s commitment to paying all workers a living wage. According to Lilburn, Ga.-based Living Wage, Onyx…
by - August 15, 2024 7:49 am
Walmart on Thursday (Aug. 15) reported an almost 5% gain in quarterly revenue but saw unadjusted net income drop 43% in the quarter. The Bentonville-based company boosted full fiscal year…
by - August 15, 2024 6:09 am
Sales dipped and profits were lower for Dillard’s, whose CEO expressed disappointment in the Little Rock-based retailer’s performance. Dillard’s reported Thursday (Aug. 15) revenue of $1.514 billion in the second…
by - August 14, 2024 5:09 pm
Fayetteville online retail startup Bisoxual recently changed its name to Anyway and landed a deal to sell its socks at Dillard’s stores in Northwest Arkansas. Fayetteville entrepreneur Jen Adair launched…
by - August 14, 2024 11:43 am
A South Korean based restaurant will open its first location in Arkansas and it will be in Jonesboro. Haag Brown Commercial Real Estate and Development has announced that Bonchon –…
by - August 12, 2024 10:38 am
Walmart is expected to beat estimates when it reports fiscal second-quarter earnings on Thursday (Aug. 15) for the period ending July 31. The consensus estimate is 65 cents per share,…
by - August 8, 2024 8:39 pm
Westrock Coffee posted another quarterly loss – albeit a smaller one than a year ago – as the Conway-based coffee, tea and extract company continues to search for its footing…
