by - May 14, 2024 8:08 am
After several successful stints building and exiting large companies, supply chain executive Chris Halkyard has joined Bentonville software provider Ox as its new chief operations officer. The company shared the details in…
by - May 13, 2024 2:04 pm
Rogers-based Onyx Coffee Lab now has two award-winning chocolate bars and a 4,196-square-foot space to shoot promotional and educational content for its award-winning coffee and tea. The 2nd Street Studio…
by - May 13, 2024 10:16 am
Self-checkout is nothing new in retail. It first appeared more than three decades ago in Kroger and is now in more than 95% of retailers, according to the Food Industry…
by - May 10, 2024 1:27 pm
Consumers are still spending big on mom for Mother’s Day (May 12) despite inflation, with sales expected to reach $33.5 billion, the second highest level in history, according to the…
by - May 10, 2024 8:40 am
Online sales increase over the next four years will lead to more retail stores, closures, according to UBS retail analyst Michael Lassiter. He expects as many as 45,000 retail stores…
by - May 5, 2024 11:32 am
According to market research firm eMarketer, U.S. digital grocery sales will grow 11.5% to reach $204.61 billion this year. And there’s still room for growth, as digital grocery will represent…
by - May 2, 2024 6:35 pm
Continued gains in sales and use tax revenue helped push total Arkansas tax revenue up 1.4% in the first 10 months of the fiscal year (July 2023-April 2024). Fiscal year…
by - May 2, 2024 3:26 pm
Rogers-based America’s Car-Mart Inc. will acquire the dealership assets of Texas Auto Center, a used car dealership with two Texas locations, according to a Thursday (May 2) news release. Financial…
by - May 1, 2024 6:00 pm
Murphy USA reported Wednesday (May 1) lower first quarter revenue and income compared to a year ago in part due to rising expenses related to employees and store maintenance. The…
by - April 30, 2024 2:14 pm
Fayetteville-based restaurant chain Slim Chickens has kicked off a 20-unit development plan in Germany. According to a news release Tuesday (April 30), Slim Chickens is partnering with Foodelity Group for…
by - April 26, 2024 8:38 am
The top six executives at Walmart saw higher compensation last year of a combined $96.724 million, or $264,997 per day. Most of the compensation is deferred or in stock options…
by - April 25, 2024 9:56 pm
Rob Walton, the oldest son of Walmart founders Helen and Sam Walton, has been a fixture on Walmart’s board of directors for more than four decades. But he is not…
by - April 25, 2024 9:01 pm
When a person in the Dallas metroplex is cooking dinner and needs a particular spice to complete the recipe, Walmart can have a drone deliver it in as little as…
by - April 23, 2024 5:05 pm
Apparel retailer Express, who is helmed by former Tyson Foods CFO Stewart Glendenning, plans to close 95 stores as it restructures its finances amid a Chapter 11 bankruptcy filing. The…
by - April 22, 2024 3:30 pm
Arkansas restaurant chain Wright’s Barbecue will have a new location incorporated into the Walmart corporate campus under construction in Bentonville. Cindi Marsiglio, Walmart’s senior vice president for corporate real estate, announced the…
by - April 22, 2024 12:40 pm
The 99 Cents Only stores recently filed bankruptcy and announced the closure of its 370 stores in Texas, California, Nevada and Arizona. Dollar Tree will likely pick up the market…
by - April 21, 2024 10:21 am
U.S.-based fintech Bread Financial found that half of middle-class consumers are spending more than last year because of inflation. The financial services firm conducted surveys between October and December 2023…
by - April 19, 2024 5:47 pm
Walmart is the nation’s largest private employer with more than 1.625 million employees. The retail giant boasts about efforts to be an employer of choice for everyone, regardless of race,…
by - April 16, 2024 4:15 pm
With sustained inflationary pressures into early 2024, consensus in the convenience store industry is that the consumer is looking for value with nearly every dollar they spend, according to the…
by - April 15, 2024 9:11 am
Consumer spending on retail goods—excluding automobiles and gasoline—was up 0.36% in March compared with February and 2.72% from a year ago, according to the National Retail Federation data compiled in…
