by - April 14, 2022 3:23 pm
Consumers are still spending but at a slower rate than last month and a year ago, according to U.S. Census Bureau data released Thursday (April 14). Seasonally adjusted retail sales…
by - April 13, 2022 5:08 pm
U.S. consumers are expected to spend $20.6 billion for Easter holiday travel, clothes, and events including egg hunts and Sunday dinner. The National Retail Federation in cooperation with Prosper Insights…
by - April 12, 2022 5:42 pm
John Rainey will be Walmart’s next chief financial officer. He follows Brett Biggs who announced his retirement last year capping a 23-year career with the retail giant. Rainey will join…
by - April 12, 2022 2:51 pm
The Consumer Price Index rose 8.5% in March, the largest annual increase since December 1981. The all-items less food and energy index rose 6.5%, the largest annual increase since August…
by - April 12, 2022 1:55 pm
Used vehicle sales and values in the United States have not been as strong in recent months as tax refunds have been distributed more slowly than in years past, economists…
by - April 11, 2022 2:49 pm
Consumers spent $8.7 billion for online groceries in March, down 6% from a record $9.3 billion in the year-ago period, according to the Brick Meets Clicks/Mercatus Grocery Shopping Survey. Consumers…
by - April 7, 2022 5:26 pm
Walmart’s push to take its multi-billion dollar investment in Flipkart public is on hold as the Russian invasion of Ukraine has dampened investor appetites for an initial public offering (IPO),…
by - April 6, 2022 2:22 pm
Two buildings to open by the end of 2023 on Walmart’s new corporate campus in Bentonville are a 360,000-square-foot fitness center and a 73,000-square-foot childcare center. The Walton family is…
by - April 5, 2022 6:24 pm
Rogers-based OmniiX, which provides brand management services for online suppliers to Amazon and other e-tail platforms, has been acquired by Canton, Ohio-based Society Brands. Financial details of the deal were…
by - April 2, 2022 11:28 am
Richard Nixon was U.S. President when the Northwest Arkansas Mall opened in March 1972. Consumers were paying between 40 to 60 cents per gallon of gasoline, equal to $2.40 with…
by - April 1, 2022 3:06 pm
Springdale-based Harps Food Stores said Friday it will hold a grand opening at 10 a.m., April 27 for their newest store at 301 W. Center St., in Greenwood. The location,…
by - March 29, 2022 5:06 pm
After two years on a COVID-19 hiatus, Walmart announced Tuesday (March 29) the retail giant would resume its annual meeting of employees and shareholders in-person at Bud Walton Arena at…
by - March 27, 2022 9:25 am
Bob Bogle, credited with proposing the name “Wal-Mart” for what is now retail giant Walmart Inc., died Thursday (March 24). He was 95. Bogle was Sam Walton’s first manager at…
by - March 24, 2022 4:24 pm
Among retailers, Walmart is the largest with global revenue of $538.15 billion last year, more than $200 billion more than Amazon which ranked second with retail revenue of $330.2 billion,…
by - March 19, 2022 7:21 am
Walmart has for two years offered inventory management (fulfillment) services for online sellers to streamline operations. Walmart Fulfillment Services (WFS), the company’s third-party fulfillment arm, is billed as a low-cost…
by - March 15, 2022 1:03 pm
As Walmart continues its attempt to become a technology company there is a growing need for tech talent. Walmart said Tuesday (March 15) it plans to open technology hubs in…
by - March 14, 2022 3:22 pm
Bentonville-based Walmart said Monday (March 14) that vendor applications for the ninth annual Open Call will be accepted through April 8. This year’s hybrid event is slated for June 28-29…
by - March 11, 2022 2:42 pm
Walmart is working with music streaming platform Spotify to offer a free six month, ad-free access to its Walmart+ membership. The membership costs $9.99 after the six-month promotion. Walmart continues…
by - March 8, 2022 5:50 pm
Westrock Coffee Co. and its subsidiary, S&D Coffee & Tea, will organize under one brand name. Moving forward, the two companies will begin providing service under one name, Westrock Coffee,…
by - March 8, 2022 9:13 am
Fayetteville-based Grillight has landed a national distribution deal with Tennessee-based Tractor Supply Co., the largest rural lifestyle retailer in the United States. As of Dec. 25, 2021, the company operated…
