Retail

Walmart to raise tobacco purchase minimum age to 21

Walmart joins the ranks of Walgreens and Rite Aid to raise the minimum age for purchasing tobacco products in its stores to 21. The retail giant made the announcement this…

Duluth Trading Co. in Rogers to open May 9

Wisconsin-based Duluth Trading Co. will open its first store in Arkansas on Thursday (May 9) at 3200 S. 27th Street in Rogers, just south of AG Russell Knives and the…

Walmart debuts PetRx site, part of effort to grow share against Amazon, Chewy

Walmart announced Tuesday (May 7) a new website that allows consumers to shop for pet medications online, promising to deliver low prices and the convenience of free two-day delivery for…

The Supply Side: Walmart.com counting on store sales in new retail reality

Retail realities are shifting, and many categories from apparel to pets are moving online. But that does not negate the importance of brick-and-mortar that continues to pay the bills for…

Tyson Foods voluntarily expands chicken strips recall

Tyson Foods Inc. has voluntarily expanded a recall originally issued Mar. 21 of frozen, ready-to-eat chicken strips made between Oct. 1, 2018, and March 21. The products were produced at…

Asda-Sainsbury’s ruling likely means a delayed U.K. exit for Walmart

A plan to merge Walmart-owned Asda with Sainsbury’s, partially motivated by Walmart’s desire to focus on higher growth markets in China, India and Mexico, has been rejected by United Kingdom…

Walmart taps Jeanine Jiganti as general counsel over health, wellness

Walmart has hired Jeanine Jiganti in a new position as general counsel overseeing the retail giant’s health and wellness business, effective June 3. Jiganti comes to Walmart from DaVita, a…

Bass Pro Shops hires Walmart VP Jamie Sohosky as new chief marketing officer

Missouri-based Great Outdoors Group, parent company to U.S. boat manufacturer White River Marine Group and retail chains Bass Pro Shops and Cabela’s, has hired Jamie Sohosky of Bentonville as its…

USDA, Walmart, Amazon pilot online grocery access for SNAP recipients

Walmart, Amazon and other grocery retailers have teamed up to allow access to online grocery services to recipients of the Supplemental Nutrition Assistance Program (SNAP). Officials with the USDA, which…

Amazon opens online truck brokerage, expected to put pressure on existing brokers

Amazon recently announced the launch of a truck brokerage segment, and the move is expected to put pressure on margins of existing freight brokers as the online retailer shifts to…

Murphy USA’s first quarter profit, sales down slightly from a year ago

Murphy USA Inc. on Monday (April 29) posted modest profits in the first quarter as the El Dorado gas station store operator said customer traffic at the chain of nearly…

Walmart CEO reflects on five years, says growth requires risk and change

Doug McMillon, CEO of Walmart, recently shared revelations with shareholders about his five years in the job, underlining the importance of staying true to lessons and principles left by founder…

The Supply Side: WhyteSpyder morphs into tech company with SKU Ninja

Retail commerce continues to transition into an omnichannel business with retailers like Walmart investing heavily in online and in-store pickup and e-commerce giant Amazon also looking at more brick-and-mortar stores…

Then & Now: Retired Car-Mart executive Eddie Hight starts consulting business for auto industry

Editor’s Note: The following story appeared in the April 15 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…

Walmart to test autonomous cars in Bentonville, Tyson Foods talks technology

Walmart will begin testing autonomous vehicles in Bentonville in the next six weeks. Jason Shaffer, director of digital operations at Walmart, discussed the plan at the Trends in Supply Chain…

Walmart’s Asda and Sainsbury merger is off

Walmart’s plan to merge its Asda operations in the United Kingdom with Sainsbury hit a road block and the partners agreed to terminate the merger on Thursday (April 25). News…

Walmart’s top five executives earned $68.73 million last year

The top five executives at Walmart are paid handsomely for their services, raking in a combined $68.73 million last year. Total income for the top five earners rose 6.19% from…

Survey: Consumers shop stores and online, with expectations high for delivery, discounts

Retail 3.0 is driven by consumers who demand top-notch shopping experiences in stores and online. A recent survey and report from advertising tech company Criteo compared shopper attitudes among more…

The Supply Side: Retail store closures accelerate in 2019

Retail closures in the U.S. continue to accelerate through the first quarter of 2019, far outpacing the same period in 2018, according to Coresight Research and its CEO Deborah Weinswig….

Online purchases up 11.6% in March, total sales up 3.6%

Spending in March on goods and food services totaled $514.1 billion, up 16% from the previous month and up 3.6% against March 2018, according to the advance monthly sales report…

Tyson board chairman’s new contract includes $40 million cash incentive

Officials from Fort Smith and Poland sign Friendship Pact, mark arrival of F-35 jets

Grow for the Green Soybean Yield Challenge slated for its 16th year

Gov. Sanders: Student proficiency scores up since LEARNS