by - June 11, 2024 4:03 pm
Walmart U.S. comprises 68% of the retail giant’s total revenue and 82% of operating income so its financial health is closely watched. Walmart U.S. CEO John Furner said he and…
by - June 11, 2024 3:09 pm
Analysts said Rogers-based America’s Car-Mart Inc. is expected to post an earnings increase and a revenue decline in the fourth quarter of fiscal 2024 amid higher vehicle sales prices and…
by - June 10, 2024 6:11 pm
The first half of 2024 cargo shipments for retail are expected to total 12.1 million containers, up 15% and reversing the 12.8% decline reported a year ago, according to the…
by - June 10, 2024 12:51 pm
The National Retail Federation (NRF) reported Monday that consumer spending on goods rebounded in May from April’s flat results. Retail sales, excluding automobiles and gasoline were up 1.35% from April…
by - June 8, 2024 10:13 am
Walmart CEO Doug McMillon challenged the 2.2 million employees around the world to go for the gold like Simone Biles, win championships like NFL quarterback Peyton Manning, or NBA star…
by - June 7, 2024 8:58 am
Bentonville-based Walmart, which has been testing digital shelf labels (DSL) since early 2019, announced Thursday (June 6) that a partnership with VusionGroup will add DSLs to 2,300 U.S. stores by…
by - June 6, 2024 10:12 am
Bentonville software firm Nuqleous has closed a deal to acquire Shiloh Technologies of Rogers. The financial terms of the agreement, announced Thursday (June 6), were not disclosed. After the deal,…
by - June 5, 2024 6:46 pm
Brooks Nelson said after the tornadoes and severe weather that hit Benton County on May 26, Walmart worked with nonprofit partners to bring in mobile units to provide basic services…
by - June 5, 2024 1:53 pm
Walmart shareholders on Wednesday (June 5) ushered in a new slate of directors that included one less Walton. Rob Walton, 79, who logged nearly five decades of board service, is…
by - June 5, 2024 8:23 am
Two years after Walmart tested a program for employees to become truck drivers, the retail giant is expanding the program to include training for employees to pursue maintenance, refrigeration and…
by - June 3, 2024 4:07 pm
Labor productivity declined 1.6% in wholesale trade and rose 1.6% in retail trade in 2023, according to a recent report from the U.S. Bureau of Labor Statistics. The report also…
by - June 3, 2024 11:51 am
Global e-commerce sales are expected to grow 8.9% annually through 2028 to $6.8 trillion. A new report from Forrester also predicts U.S. online retail sales are expected to reach $1.6…
by - June 2, 2024 9:15 am
Rogers-based supply chain software company SupplyPike recently launched a new feature that will allow retail suppliers to track revenue loss at retailers. The Multi-Retailer Revenue Loss Summary provides consumer packaged…
by - June 2, 2024 8:28 am
Parallel shifts in retail commerce over recent years have been driven by global events and the rapid emergence of technology that is transforming the way retailers operate and customers shop….
by - May 29, 2024 2:29 pm
According to industry data, the retail industry has an estimated $380 billion annually from overstocks, out-of-stocks and other inventory challenges that result in lost sales or deep discounts for suppliers…
by - May 24, 2024 10:24 am
Recent consumer surveys indicate a majority of Americans plan to celebrate Memorial Day, and 95% plan to purchase food and alcohol for family gatherings, according to data marketer Numerator. Numerator…
by - May 23, 2024 6:36 pm
Walmart announced the latest benefit for its Walmart+ subscribers through a partnership with Pawp telehealth veterinary services. The retail giant said Walmart+ subscribers will have access to complimentary 24/7 virtual…
by - May 23, 2024 5:36 pm
Fort Smith sales tax collections were down again in April, keeping the revenue relatively flat for the year. The April sales tax report shows the city’s share of the 1%…
by - May 22, 2024 4:06 pm
Bentonville, Fayetteville, Rogers and Springdale cumulatively had sales tax revenue of $9.614 million in the May report posted by the cities, down 0.51% from a year ago. May was the…
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…
