by - August 29, 2023 3:23 pm
Rogers-based America’s Car-Mart Inc. is expected to post a decline in earnings but an increase in revenue in the first quarter of fiscal 2024 as used vehicle price increases moderate,…
by - August 28, 2023 11:20 am
Chris Nicholas began working in retail at the age of 14, pricing goods and working in back rooms. The stage will get much bigger on Sept. 11 when he steps…
by - August 27, 2023 8:43 am
Consumers have been the economic engine keeping the U.S. out of recession through the first half of 2023. However, separate research from OnePoll and Numerator found that Americans are spending…
by - August 24, 2023 1:39 pm
Tim Ritz will join Walmart on Sept. 18 as the retailer’s new chief procurement officer, according to an internal memo Wednesday (Aug. 23) by CFO John David Rainey obtained by…
by - August 21, 2023 5:32 pm
Walmart shares recently reached a 52-week high of $162.78, only to fall fast on Aug. 17 after the retailer reported fiscal second-quarter earnings. Some analysts cheered the second-quarter results, while…
by - August 17, 2023 10:57 am
Food and advertising sales helped propel fiscal second-quarter revenue up 5.7% at Walmart and also contributed to better-than-expected net income gains of 53.3% before one-time charges. The Bentonville retailer reported…
by - August 16, 2023 5:18 pm
Judith McKenna, CEO of Walmart International, plans to depart the retailer at year-end, with Sam’s Club CEO Kath McLay to be the International CEO effective Sept. 11. Walmart U.S. COO…
by - August 16, 2023 2:16 pm
Registration for the 10th annual Open Call by Walmart is open for the virtual and in-person event slated for Oct. 24-25 in coordination with U.S. manufacturing month. Walmart took Open…
by - August 16, 2023 8:51 am
Tea is the second most widely consumed beverage worldwide, following water. Dan Klein and his business partner Patrick Tannous, co-founders of Tiesta Tea Co., became tea enthusiasts when studying abroad…
by - August 14, 2023 3:08 pm
All eyes will be on Walmart when it reports second-quarter earnings on Thursday (Aug. 17). The consensus estimate is for a net income of $4.55 billion, down 6% from the…
by - August 10, 2023 3:22 pm
U.S. consumers are still buying more than last year, but spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation, National Retail Federation…
by - August 10, 2023 7:01 am
Little Rock-based retailer Dillard’s, Inc. reported lower second quarter profits amid a drop in sales, noting that “consumer caution” continues to be at the root of the decline. Sales revenue…
by - August 9, 2023 12:02 pm
Dollar General announced last July that it would build a $140 million warehouse distribution center in North Little Rock, confirming on Wednesday (Aug. 9) it expects to employ 300 workers…
by - August 9, 2023 7:48 am
Content quality is essential for suppliers who sell products online at Walmart and elsewhere. Since merging Walmart’s online and in-store buyers and merchandising efforts, the retail giant is revamping item…
by - August 8, 2023 4:39 pm
Import cargo volume at the nation’s major container ports is expected to hit its highest level in nearly a year this month as retailers stock up for the winter holidays,…
by - August 6, 2023 9:33 am
A German company that does consumer product safety testing will relocate its Bentonville lab to a larger space this fall. TÜV Rheinland of North America Inc. will move the lab…
by - August 4, 2023 12:24 pm
Editor’s note: The State of the State series provides reports twice a year on Arkansas’ key economic sectors. The series publishes stories to begin a year and stories in July/August…
by - August 2, 2023 5:34 pm
Murphy USA reported second quarter net income of $132.8 million, a decline from $183.3 million one year ago. Second quarter revenue for the El Dorado-based gas and convenience store operator was…
by - August 2, 2023 9:20 am
Cutbacks in the U.S. Department of Agriculture’s Supplemental Nutrition Assistance Program (SNAP), also known as food stamps, this past spring has retailers offering discounted subscription costs for households seeing reduced…
by - August 1, 2023 10:22 am
A new report from J.D. Power indicates consumers have their favorite retail pharmacies and do not often change pharmacies. Now in its 15th year, the U.S. pharmacy study gauges customer…
