by - March 13, 2023 5:07 pm
Despite inflation in the food sector, consumers are purchasing more fresh meat than before the COVID-19 pandemic because eating meals at home has become more important for American families, according…
by - March 8, 2023 5:16 pm
A popular Fort Smith coffee shop may have new ownership, but the menu and name will remain the same. However, one of the three store locations will close, according to…
by - March 8, 2023 2:45 pm
The National Retail Federation (NRF) said it expects import cargo volume to rebound this month slowly, but overall the gains are expected to be small through mid-summer, according to data…
by - March 5, 2023 10:27 am
The Conference Board reported in November that record inflation in energy and food categories was shifting consumer preference toward less pricey alternatives and away from more expensive sustainable products. “Even…
by - March 1, 2023 7:34 am
Alimentation Couche-Tard Inc. announced Monday (Feb. 27) it will acquire 45 fuel and convenience retail sites from Big Red Stores, an Arkansas-based company originally founded in 1997 by Doug and…
by - February 28, 2023 12:15 pm
Rogers agency Engine, a consumer packaged goods (CPG) omnichannel software business, has acquired software development firm EverTEX Solutions of Bentonville. The company did not disclose the financial details of the transaction….
by - February 26, 2023 10:05 am
Walmart’s sister company Sam’s Club again finds itself battling the big dog with the recent launch of Walmart Business, an e-commerce site geared to serve large- and small-business customers. When…
by - February 22, 2023 2:21 pm
Rogers-based America’s Car-Mart Inc. posted a double-digit decline in earnings and a double-digit increase in revenue as winter weather affected sales and vehicle values growth moderated in the third quarter…
by - February 22, 2023 2:13 pm
Pennsylvania-based Dick’s Sporting Goods announced Wednesday (Feb. 22) it has agreed to acquire outdoor retailer Moosejaw from Walmart Inc. Financial terms were not disclosed. The deal is expected to close…
by - February 21, 2023 3:43 pm
Little Rock-based Dillard’s beat estimates on full year revenue and net income, but lower than expected fourth quarter sales and broad market concerns about consumer spending caused the company’s stock…
by - February 21, 2023 9:21 am
Walmart posted full fiscal year net income of $11.68 billion, down 14.6% compared with the previous fiscal year, but revenue and earnings per share beat expectations. The Bentonville-based global retailer…
by - February 19, 2023 9:50 am
Many years ago, when I was a buyer for a prominent national catalog retailer, I was fascinated by an emerging new retailing format of selling online by way of a…
by - February 18, 2023 9:44 am
Retailers seem to agree that one sector that’s ripe for disruption is healthcare. Multiple companies are making moves to fill the gaps they see by investing in providing health and…
by - February 16, 2023 5:40 pm
The Fort Chaffee Development Authority (FCRA) Board of Trustees approved the sale of two buildings in the Historic District at Chaffee Crossing for use as winery, cidery and coffee roasting…
by - February 14, 2023 6:53 pm
Walmart is closing technology hubs in Austin, Texas, Carlsbad, Calif., and Portland, Ore., with the hundreds of employees at the locations invited to relocate to San Bruno, Calif., or Bentonville….
by - February 14, 2023 2:04 pm
Rogers-based America’s Car-Mart Inc. is expected to post a double-digit earnings decline and revenue growth in the third quarter of fiscal 2023 amid mixed prices and sales in the used…
by - February 14, 2023 11:27 am
Equity market watchers expect lower quarterly earnings from Walmart when the retailer reports fiscal fourth quarter and full-year financials on Friday (Feb. 17). Lukewarm holiday sales are part of why…
by - February 13, 2023 5:45 pm
Niel Crowson of Jonesboro, long-standing chairman of the board and past president of E.C. Barton and Co., retired as chairman of the board, effective December 2022. Crowson served as president…
by - February 13, 2023 1:37 pm
A November Deloitte survey found that 70% of consumer food and product manufacturers (CPG) indicated the sector expects this year to be more stressful than in the past five years….
by - February 10, 2023 8:35 am
Used-vehicle retailer CarMax, the largest buyer and seller of used cars in the U.S., hopes to open a superstore location in Rogers, on the city’s south side east of Interstate 49….
