by - November 2, 2023 4:53 pm
With the holiday shopping season already underway, the National Retail Federation said Thursday (Nov. 2) that U.S. consumers are estimated to spend about $960 billion between Nov. 1 and Dec….
by - November 2, 2023 8:00 am
In recent years, Little Rock-based Dillard’s Inc. has been one of the biggest positive surprises on Wall Street. From 2018 to 2022, Dillard’s has generated an astounding 515% stock return,…
by - November 1, 2023 4:39 pm
Murphy USA reported lower sales and profits as gas consumption was lower, though company officials noted last year saw record levels in its financial performance. The El Dorado-based retail and…
by - November 1, 2023 7:29 am
Bentonville-based retailer Walmart Inc. said Monday (Oct. 30) it is investing $9 billion to remodel and upgrade 1,400 U.S. stores. In a company announcement, Walmart officials said the upgrades would…
by - October 24, 2023 3:40 pm
Walmart hosted more than 600 potential suppliers at its 10th annual Open Call event on Tuesday (Oct. 24) at its corporate offices in Bentonville. Included were several suppliers like Proud…
by - October 23, 2023 5:07 pm
Sales tax revenue among the four largest cities in Benton and Washington counties rose to $10.175 million, up 12.8% from the year-ago period. The sales tax figures were from revenue…
by - October 22, 2023 9:02 am
Consumers and retailers are already shopping for Christmas a few weeks before Halloween. Amazon’s Prime Big Deal Days (Oct. 10-11), Walmart’s Holiday Online Deals (Oct. 9-12), and Target’s just-completed Circle…
by - October 19, 2023 6:04 pm
Heading into the holiday season retailers from dollar stores to mass and specialty stores are carrying more inventory as consumer spending has shifted to other economic sectors like travel and…
by - October 17, 2023 5:20 pm
Retail sales rose 0.7% in September from the previous month, better than the 0.3% that was expected because of higher interest rates and concerns over a weakening economy, according to…
by - October 17, 2023 11:00 am
Walmart is requiring all of its suppliers to subscribe to its Luminate data service beginning in October. Luminate is Walmart’s newest way to share data with suppliers – data that…
by - October 16, 2023 11:51 am
The overwhelming majority of supply chain managers said they faced challenges in the past year, and most of them took steps to improve operations, according to a new survey from…
by - October 15, 2023 6:15 pm
William “Hank” Henderson, the former CEO of Rogers-based America’s Car-Mart who was known for his grinning Southern drawl “drive easy” tagline while appearing for years in the company’s television commercials,…
by - October 15, 2023 4:19 pm
Amazon Prime Big Deal Days sales held Oct. 10-11 did not match Amazon Prime Day in July but it did outperform the company’s other previous sales promotions. according to data…
by - October 14, 2023 9:18 am
The media headlines in the past several months have featured retailers like Target, Dick’s Sporting Goods and Dollar Tree blaming retail “shrink” for poor financial results. According to Brand Elverston,…
by - October 12, 2023 4:04 pm
Walmart is betting big on another milk plant it plans to build in Georgia. The Valdosta operation will be the second such facility the retail giant owns following a similar…
by - October 10, 2023 6:42 pm
Walmart de Mexico, a wholly-owned subsidiary of Walmart Inc., is under investigation for alleged price-fixing. Mexico’s Economic Competition Commission said the retailer was accused of price collusion with a supplier…
by - October 10, 2023 6:11 pm
The U.S. economic picture heading toward the holiday season is not perfect, according to Jack Kleinhenz, chief economist for the National Retail Federation (NRF). The trade group has not released expectations…
by - October 7, 2023 9:01 am
Retailers often live and die by holiday sales. Early predictions suggest lackluster overall spending this year, with growth barely outpacing higher prices. Deloitte forecasts holiday retail sales to grow between…
by - October 6, 2023 1:14 pm
Greg Cathey, senior vice president of transformation at Walmart, had plans to go law school after graduating from Ouachita Baptist University in 1995, but instead gambled on a career in…
by - October 4, 2023 1:52 pm
This year has been challenging for super retailers Costco, Target and Walmart. Through the first half of 2023, the financial contrasts between the companies were stark, as are the predicted…
