by - December 6, 2023 12:35 pm
Walmart CEO Doug McMillon said Wednesday (Dec. 6) in a CNBC interview that the retailer expected consumers to seek out deals during the sales of Black Friday and Cyber Week…
by - December 5, 2023 3:42 pm
Rogers-based America’s Car-Mart Inc. posted a more than $27 million loss in the second quarter of fiscal 2024 as challenging conditions affected vehicle sales and credit. Shares Tuesday (Dec. 5)…
by - December 4, 2023 3:22 pm
Bentonville-based outdoor apparel company LIVSN Designs announced Monday (Dec. 4) raising a round of seed capital led by RZC Investments, a Bentonville-based investment platform for Steuart and Tom Walton. Financial…
by - December 1, 2023 1:13 pm
Rogers-based America’s Car-Mart Inc. will acquire the dealership assets of Hot Springs-based Allied Union Group Inc., a company doing business as Central Auto Sales, according to a Friday (Dec. 1)…
by - November 29, 2023 11:02 am
Retailers and brands are investing in enhanced store formats as consumers return to brick-and-mortar venues and crave experiences. Walmart spent $500 million on 117 store remodels in 30 states to…
by - November 29, 2023 7:55 am
Rogers-based America’s Car-Mart Inc. is expected to post increases in earnings and revenue in the second quarter of fiscal 2024 as sales volumes rise and price growth flattens. Before the…
by - November 28, 2023 12:19 pm
Cumulative sales tax in Bentonville, Fayetteville, Rogers and Springdale was $9.371 million in the October report, up 16.93% from the year-ago period. The October sales reported in November were from…
by - November 27, 2023 5:18 pm
Aggressive retailer promotions helped push overall online spending to $9.8 billion on Black Friday, or up 7.5%, compared to the same period in 2022, according to Adobe Analytics. Sales began…
by - November 20, 2023 8:04 am
Grind toothpaste brand hit select Walmart stores earlier this year. Starting with 365 stores in February and expanding to 453 stores by summer, a co-founder of the Salt Lake City-based…
by - November 17, 2023 12:21 pm
Food inflation has been persistent for the past two years but hefty retailer promotions from Aldi, Walmart and other discounters may help consumers stretch their Thanksgiving meal budgets further this…
by - November 16, 2023 12:35 pm
Walmart beat consensus estimates on the top and bottom lines for the third quarter ending Oct. 31, but the cautious consumer commentary from Walmart execs pushed the stock price down…
by - November 15, 2023 7:20 pm
Walmart once again held on to its top retailer ranking from Kantar for the 27th year. The 2023 Kantar U.S. PoweRanking report called out Walmart ahead of Kroger, Target, Costco…
by - November 13, 2023 4:19 pm
Consumer spending on retail goods is slowing as retail sales – excluding gas stations and restaurants – fell by 0.8% from September to October, but were up 2.6% from a…
by - November 13, 2023 1:48 pm
The Fort Smith Board of Directors has approved halting the collection of parking meter charges in downtown Fort Smith until March 31. The city traditionally waives such collections through the…
by - November 12, 2023 2:38 pm
All eyes will be on Walmart Nov. 16 when the retail giant reports third-quarter earnings and commentary that provides insight into broad national consumer behavior and spending patterns – especially…
by - November 12, 2023 7:33 am
Gearhead Outfitters 2023 Northeast Arkansas Outstanding Business of the Year Small Business award Amanda Herget had just finished the fall semester teaching in the fifth grade when she and a…
by - November 11, 2023 1:41 pm
According to Northwest Arkansas retail analyst Scott Benedict, brick-and-mortar legacy retailers and many of the brands they sell continue to need help to become true omnichannel with a digital-first mindset…
by - November 9, 2023 7:46 am
Dillard’s Inc. reported net income for the 13 weeks ended Oct. 28, 2023 of $155.3 million, or $9.49 per share, compared to $187.9 million, or $10.96 per share, for the…
by - November 6, 2023 5:27 pm
Sam Walton’s mantra of the customer being No. 1 is still the focus for Brock McKeel, divisional merchandise manager for consumer electronics at Walmart U.S., and Jon Alferness, chief product…
by - November 5, 2023 8:45 am
With more than 1.6 million U.S. employees, Walmart seeks to overcome workforce challenges and avoid a talent war. The retailer hopes to grow the next generation of leadership by offering…
