by - July 11, 2022 4:36 pm
Walmart chief diversity officer to retire
Ben Hasan, 69, chief diversity officer officer at Walmart, is retiring at the end of the month. His replacement has yet to be named. The company plans to search for…
Retail
by - July 9, 2022 10:37 am
The Supply Side: Walmart ups private brand investment for home, fashion
Shoppers have never been more open to trying private brands for consumer staples after the supply chain disruption that forced changes in shopping behavior amid the pandemic. Market research firm…
by - July 6, 2022 5:07 pm
Some Walmart suppliers hit with new charges related to freight handling
The rising cost of fuel and transportation has pushed Walmart to begin charging suppliers a pickup fee for freight the retail giant handles on their behalf. The suppliers are known…
by - July 5, 2022 1:10 pm
Harvest Group in Rogers acquires Target broker Three Sixty Sales
Rogers-based retail agency Harvest Group announced Tuesday (July 5) the acquisition of Minneapolis-based Target brokerage Three Sixty Sales. Financial terms were not disclosed. According to a news release, the acquisition…
by - July 3, 2022 10:41 am
The Supply Side: Walmart says it won’t lose grocery market share to dollar stores in recessionary period
Discount retailers often win and retain share in recessions combined with rising prices. Walmart is the largest U.S. grocer and is known for low prices no matter the economic conditions….
by - June 29, 2022 7:02 pm
Walmart picks beignet mix, recycled golf balls and many other new products
More than 1,100 hopeful suppliers took part in Walmart’s 9th Annual Open Call pitch held in Bentonville on Wednesday (June 29). Walmart and Sam’s Club held almost 1,200 meetings Wednesday…
by - June 29, 2022 8:14 am
Walmart sued by Federal Trade Commission
The U.S. Federal Trade Commission (FTC) said Tuesday (June 28) that it sued Walmart Inc., alleging the retailer allowed scam artists to access its money transfer services, resulting in fraud…
by - June 28, 2022 5:42 pm
Walmart Open Call underway in Bentonville; flour mix, barbecue sauce get early deals
More than 1,100 entrepreneurs, potential and current suppliers with products to pitch are in Bentonville this week for Walmart’s 9th annual Open Call. They hope to land a deal with…
by - June 28, 2022 2:06 pm
Fossil Cove hits 10-year milestone in Fayetteville
One of Fayetteville’s most well-known breweries celebrated 10 years of business in June. Fossil Cove Brewing Co. opened in June 2012, during the initial wave of craft beer growth in…
by - June 28, 2022 1:03 pm
Independence Day celebrations could cost up to 40% more
With the Fourth of July holiday falling on Monday this year, more consumers say they plan to celebrate during the weekend, according to the National Retail Federation. Many will stay…
by - June 26, 2022 12:35 pm
The Supply Side: Retailers grapple with widespread inventory glut in recent quarter
It’s been a feast or famine for many retailers in the past two years amid supply chain challenges resulting from the COVID-19-induced global shutdown in 2020 to the Russian invasion…
by - June 22, 2022 10:56 am
Gearhead Outfitters to relocate Fayetteville store
Jonesboro-based outdoor specialty retailer Gearhead Outfitters will relocate its Fayetteville store from Dickson Street to 101 N. Block Ave., just north of the square. The nearly 6,000-square-foot building, which had…
by - June 21, 2022 6:27 pm
Numerator data shows Walmart+ Weekend better than Amazon Prime Day
Preliminary data from Numerator indicates the average Walmart+ Weekend spend per order was $69.75, which was slightly more than the traditional Walmart.com order of $64.99 and more than the Amazon…
by - June 21, 2022 7:54 am
Bentonville’s Outdoor Cap Co. turns 45, looks to promising future
One of Bentonville’s best-kept business success stories is celebrating its 45th birthday in 2022. Its new president says the milestone is an opportunity to regain momentum following the pandemic and…
by - June 17, 2022 2:42 pm
Walmart to open two health clinics in Rogers, Fort Smith
Walmart will open two health clinics in Rogers and Fort Smith later this summer. The two new clinics are modeled after the Walmart Health clinic in Store No. 4108 on…
by - June 16, 2022 5:40 pm
State trade groups, federal legislators tout new ocean carrier regulations
Federal legislators and industry organization leaders from Arkansas touted a new law that’s expected to benefit U.S. exporters and ease supply chain issues, The U.S. Senate approved the act in…
by - June 16, 2022 2:08 pm
The Supply Side: Consumer spending shifts driven by inflation, end of stimulus funds
According to a survey by management and analytics firm Tango, with consumer spending expected to rebound after two years of pandemic disruptions, inflation threatens to inhibit the critical consumer impact…
by - June 15, 2022 3:37 pm
Retail sales cool in May amid rising prices
The U.S. Census Bureau reported Wednesday (June 15) that consumers spent $672.9 billion on food and retail in May, down 0.3% from the prior month. Sales were up 8.1% from…
by - June 14, 2022 3:01 pm
The Supply Side: Walmart expands Marketplace to sellers from India
Walmart International CEO Judith McKenna remains bullish about growth opportunities in India since the retail giant’s majority purchase of Flipkart in 2018 for $16 billion. Walmart has since expanded its…
by - June 8, 2022 2:36 pm
Walmart invests in renewable energy, lower emissions for truck fleet
Walmart announced Wednesday (June 8) it is testing three different kinds of renewable energy to power its fleet. The retailer did not reveal costs or project timelines, but it did…