by - August 29, 2022 9:44 pm
Little Rock-based Westrock Coffee Co. announced Monday (Aug. 29) the closing of its business combination transaction with Riverview Acquisition Corp. In connection with the closing of the transaction, Westrock Coffee…
by - August 29, 2022 4:37 pm
Walmart will acquire the outstanding shares of Massmart for an estimated $377.6 million, the company announced Monday (Aug. 29). The Bentonville-based retailer already owned 51% of the large Africa retailer….
by - August 27, 2022 11:00 am
Brick-and-mortar retail is alive in 2022, with more than twice the number of new store openings compared to store closures through the first seven months of this year. Coresight Research…
by - August 24, 2022 3:07 pm
Inflation continues to boost sales tax revenue in Northwest Arkansas’ four largest cities, which cumulatively reported a 16.75% gain from a year ago in their August data. The combined revenue…
by - August 22, 2022 5:11 pm
DoorDash said last week it is ending its four-year delivery partnership with Walmart. The partners have said the split comes as Walmart continues to focus on being its own third-party…
by - August 21, 2022 3:51 pm
Bentonville-based Walmart said Friday (Aug. 19) it would provide expanded coverage for abortion in the case of health risk of the mother, rape or incest, ectopic pregnancy, miscarriage or lack…
by - August 20, 2022 9:35 am
Rising prices are pushing consumers to private-label products for food, consumables and general goods, according to a report from Numerator, a data and tech company serving the market research space….
by - August 18, 2022 6:48 pm
Northwest Arkansas is a great place to live and work but that also comes with challenges, according to city leaders along with state and national politicians who spoke at a…
by - August 17, 2022 6:41 pm
Rogers-based America’s Car-Mart Inc. posted an earnings decline and a double-digit revenue increase in the first quarter of fiscal 2023 amid high prices and a tight supply of vehicles. After…
by - August 17, 2022 5:52 pm
Walmart and pharmacy operators CVS and Target have been ordered to pay a combined $650.6 million in damages to two Ohio counties as part of a lawsuit alleging that the…
by - August 16, 2022 10:02 am
Walmart surprised equity analysts on Tuesday (Aug. 16) reporting better-than-expected second fiscal quarter earnings just one week after the Bentonville-based retail giant reduced guidance for the quarter and the rest…
by - August 15, 2022 5:14 pm
Walmart confirmed late Monday (Aug. 15) that Walmart+ members will soon be able to stream Paramount+ programing for no added charge. The new streaming perk becomes available in September. “We…
by - August 13, 2022 10:32 am
The National Retail Federation (NRF) reports that 10.6% of online returns are fraudulent, totaling more than $23 billion in 2021. It is often a retailer’s best customers who are taking…
by - August 11, 2022 3:24 pm
All eyes will be watching Tuesday (Aug. 16) as Walmart reports fiscal second-quarter earnings. With more than 230 million shoppers visiting stores each week, the retail giant is seen as…
by - August 11, 2022 2:45 pm
Fayetteville-based tech startup SupplyPike recently launched a new feature for its app OTIF Radar that allows for one-click disputing, according to a news release. With the new feature, users can…
by - August 11, 2022 1:05 pm
Dillard’s Inc. reported second quarter net income of $163.4 million, below the $185.7 million in the same quarter of 2021. But earnings per share of $9.30 was well beyond the…
by - August 10, 2022 3:50 pm
Rogers-based America’s Car-Mart Inc. is expected to post a decline in earnings in the first quarter of fiscal 2023, while revenue is projected to increase by double digits amid lower…
by - August 10, 2022 3:03 pm
Consumers saw the highest grocery prices in 43 years in July, with food at home costs rising 10.9% from a year ago. Food eaten in restaurant costs were 13.1% higher…
by - August 10, 2022 1:33 pm
Inflation is taking a toll on family budgets just as the back-to-school shopping season gets underway. The National Retail Federation reports that 38% of families admit having to cut back…
by - August 9, 2022 3:03 pm
Port congestion has been a major challenge for retailers in the past 18 months. But after a record-setting spring, imports at the largest U.S. ports are expected to slow for…
