by - May 19, 2024 10:44 am
Recent surveys on buy now, pay later (BNPL) indicate that the deferred payment form is expected to surge in the next few years. BNPL drew widespread adoption during the COVID-19…
by - May 16, 2024 10:38 am
Little Rock-based retailer Dillard’s reported lower revenue and profits in its first quarter earnings report released Thursday (May 16). For the 13 weeks ended May 4, 2024, Dillard’s reported revenue…
by - May 16, 2024 10:34 am
Walmart outperformed expectations in its first quarter earnings report Thursday (May 16). Its net income was $5.104 billion, up 205.1% from the year-ago period. Earnings per share were 63 cents,…
by - May 15, 2024 10:48 am
Online grocery sales totaled $8.5 billion in April, up 4.4% from a year ago, according to a report from Bricks Meets Clicks/Mercatus. The report found growth across all three segments…
by - May 14, 2024 12:21 pm
They don’t do ribbon cuttings at Tractor Supply Co. – they do chainsaw cuttings. Maumelle, Ark., became the 10th location for a Tractor Supply Co. distribution center on Tuesday (May…
by - May 14, 2024 9:30 am
Walmart will report first-quarter earnings ahead of the market opening on Thursday (May 16), and all signs predict a solid quarter for the Bentonville-based retail behemoth. Analysts forecast revenue to…
by - May 14, 2024 8:32 am
Editor’s note: Story updated with statement from Walmart. Several hundred jobs are being cut at Walmart’s home office and its global tech operations. The layoffs in Bentonville began Monday (May…
by - May 14, 2024 8:08 am
After several successful stints building and exiting large companies, supply chain executive Chris Halkyard has joined Bentonville software provider Ox as its new chief operations officer. The company shared the details in…
by - May 13, 2024 2:04 pm
Rogers-based Onyx Coffee Lab now has two award-winning chocolate bars and a 4,196-square-foot space to shoot promotional and educational content for its award-winning coffee and tea. The 2nd Street Studio…
by - May 13, 2024 10:16 am
Self-checkout is nothing new in retail. It first appeared more than three decades ago in Kroger and is now in more than 95% of retailers, according to the Food Industry…
by - May 10, 2024 1:27 pm
Consumers are still spending big on mom for Mother’s Day (May 12) despite inflation, with sales expected to reach $33.5 billion, the second highest level in history, according to the…
by - May 10, 2024 8:40 am
Online sales increase over the next four years will lead to more retail stores, closures, according to UBS retail analyst Michael Lassiter. He expects as many as 45,000 retail stores…
by - May 5, 2024 11:32 am
According to market research firm eMarketer, U.S. digital grocery sales will grow 11.5% to reach $204.61 billion this year. And there’s still room for growth, as digital grocery will represent…
by - May 2, 2024 6:35 pm
Continued gains in sales and use tax revenue helped push total Arkansas tax revenue up 1.4% in the first 10 months of the fiscal year (July 2023-April 2024). Fiscal year…
by - May 2, 2024 3:26 pm
Rogers-based America’s Car-Mart Inc. will acquire the dealership assets of Texas Auto Center, a used car dealership with two Texas locations, according to a Thursday (May 2) news release. Financial…
by - May 1, 2024 6:00 pm
Murphy USA reported Wednesday (May 1) lower first quarter revenue and income compared to a year ago in part due to rising expenses related to employees and store maintenance. The…
by - April 30, 2024 2:14 pm
Fayetteville-based restaurant chain Slim Chickens has kicked off a 20-unit development plan in Germany. According to a news release Tuesday (April 30), Slim Chickens is partnering with Foodelity Group for…
by - April 26, 2024 8:38 am
The top six executives at Walmart saw higher compensation last year of a combined $96.724 million, or $264,997 per day. Most of the compensation is deferred or in stock options…
by - April 25, 2024 9:56 pm
Rob Walton, the oldest son of Walmart founders Helen and Sam Walton, has been a fixture on Walmart’s board of directors for more than four decades. But he is not…
by - April 25, 2024 9:01 pm
When a person in the Dallas metroplex is cooking dinner and needs a particular spice to complete the recipe, Walmart can have a drone deliver it in as little as…
