by - May 18, 2023 12:50 pm
Steinway & Sons, the iconic piano retailer and manufacturer, has opened its second Arkansas retail store in Fayetteville. The New York-based company is leasing about 2,000 square feet inside a…
by - May 18, 2023 11:42 am
Walmart on Thursday (May 18) reported better-than-expected first-quarter results for the fiscal quarter ending April 30. The Bentonville-based retailer grew total revenue to $152.3 billion, up 7.6% compared with the…
by - May 17, 2023 3:43 pm
Rogers-based America’s Car-Mart Inc. is expected to see a double-digit decline in earnings and almost flat revenue growth in the fourth quarter of fiscal 2023 as expenses rise and vehicle…
by - May 16, 2023 7:01 pm
E.C. Barton and Company has made changes in its leadership structure. E.C. Barton President Mark Biggers, President, said that Willis Tyler, Allen Devereux, Danial Reed, and Bryan Tucker will each…
by - May 16, 2023 2:34 pm
Consumer spending on goods and services inched higher in April with overall retail sales up 1.6% from a year ago and up 0.4% from the prior month, according to Tuesday’s…
by - May 16, 2023 12:16 pm
Equity analysts and investors are not expecting any surprises from Walmart when it reports first-quarter earnings early Thursday (May 18). The Bentonville-based retail giant recently spent two days with the…
by - May 15, 2023 11:24 am
Wholesale club giant Costco has plans for its first club in Northwest Arkansas and its second in the state. Lowell Mayor Chris Moore confirmed with Talk Business & Politics the…
by - May 14, 2023 10:13 am
Shoppers at upscale men’s clothing retailer Walker Brothers in Fayetteville may have noticed a recent addition on the showroom floor. Only you don’t wear it — you ride it. Walker…
by - May 13, 2023 10:38 am
The National Retail Federation said the rise of resale continues to be a significant focus, with more retailers entering the growing market at the urging of consumers. Morningstar estimates the…
by - May 11, 2023 6:19 pm
One-time, long-term investments in newly acquired assets turned Westrock Coffee’s first quarter profit potential into a $4.3 million net loss. The Little Rock-based integrated coffee, tea, flavors, extracts, and ingredients…
by - May 11, 2023 7:12 am
Dillard’s, Inc. reported Thursday (May 12) a solid, but lower, first quarter profit in part due to slower sales. For the quarter ending April 29, 2023, the Little Rock-based mall…
by - May 9, 2023 2:25 pm
The first quarter of 2023 was rough for many U.S. retailers with 1,760 store closings between January and March, up 177% from a year ago, the National Retail Federation (NRF)…
by - May 9, 2023 9:46 am
The Global Port Tracker report from the National Retail Federation (NRF) and Hackett Associates indicates U.S. ports handled 1.62 million containers in March, up 5% from February lows but 30.6%…
by - May 7, 2023 11:46 am
A Slim Chickens restaurant is expected to open at Northwest Arkansas National Airport (XNA) in Highfill by the end of the year. Springdale-based franchisee Philip Enterprises Inc. will build and…
by - May 7, 2023 9:44 am
Gild Holdings (dba Macadoodles Fine Wine, Beer & Spirits) expects to open a franchise store in West Siloam Springs, Okla., in 2024. Gild Holdings president and CEO Roger Gildehaus of…
by - May 6, 2023 11:33 am
There is a widening gap between consumer perceptions and reported inflationary food prices by the U.S. Bureau of Labor Statistics, according to a survey report from PYMNTS.com conducted in late…
by - May 5, 2023 1:16 pm
Walmart Inc. has promoted Latriece Watkins to chief merchandising officer. John Furner, president and CEO of Walmart U.S., shared the news with employees Friday (May 5) in an internal memo….
by - May 3, 2023 1:10 pm
The National Retail Federation expects U.S. consumers will spend big for the May 14 Mother’s Day. The trade group’s survey with Prosper Insights predicts spending will top $35.7 billion, up…
by - May 2, 2023 5:49 pm
Lower retail fuel margins dented revenue and profits for Murphy USA, but the first quarter was still a strong one for the El Dorado-based convenience store operator. Murphy USA reported…
by - May 2, 2023 12:19 pm
Off-price retailer Tuesday Morning is closing all stores and shuttering its business following its second Chapter 11 bankruptcy filing in three years. The liquidation of all merchandise has begun in…
