by - September 14, 2023 5:25 pm
Retail sales struggled to outpace the rate of inflation in August, rising 2.5% overall, against a federal Consumer Price Index (CPI) reading up 3.7% for the same month, according to…
by - September 13, 2023 6:07 pm
The Consumer Price Index (CPI) – the gauge for inflation – was up 3.7% from a year ago, according to the U.S. Bureau of Labor Statistics. The energy index rose…
by - September 13, 2023 12:37 pm
California-based hot dog franchise Wienerschnitzel said Thursday (Sept. 15) it will open its second Northwest Arkansas location on Saturday in Springdale. The restaurant is at 4726 Mercy Lane, just off…
by - September 11, 2023 8:20 pm
Retailers continued to take a cautious approach to ordering holiday inventory given the oversupply some are still working through from the 2022 holiday season. Import volume is slowly building from…
by - September 9, 2023 9:56 am
Growing up as an athlete in Eden Prairie, Minn., Blake Sorenson had a nut allergy and often found many healthy snack bars containing almonds and other tree nuts he could…
by - September 7, 2023 10:16 am
Walmart continues to grow its share of grocery business and much of that is due to its online business, according to the latest Brick Meet Clicks report sponsored by Mercatus….
by - September 6, 2023 5:18 pm
A new report from J.D. Power U.S. found debit cards are used by more consumers than any other form of payment at the point of sale, with 78% of consumers…
by - September 5, 2023 4:51 pm
Rosalind Brewer has stepped down as CEO of Walgreens effective Aug. 31 in what was a mutual decision with the board of directors, according to the company. She also resigned…
by - September 5, 2023 11:24 am
Rogers-based America’s Car-Mart Inc. missed Wall Street estimates for earnings but beat revenue expectations in the first quarter of fiscal 2024 as CEO Jeff Williams looks to shift into an…
by - September 4, 2023 6:15 am
Walmart executives cycle in and out of their top jobs, and many use the retail giant as a training ground, given the company’s diverse business model and propensity to promote…
by - August 31, 2023 3:15 pm
Residents in Arkansas and 11 other states could see a Walmart pharmacist to diagnose and treat common ailments like strep and the flu without having to see a doctor. Walmart…
by - August 29, 2023 3:23 pm
Rogers-based America’s Car-Mart Inc. is expected to post a decline in earnings but an increase in revenue in the first quarter of fiscal 2024 as used vehicle price increases moderate,…
by - August 28, 2023 11:20 am
Chris Nicholas began working in retail at the age of 14, pricing goods and working in back rooms. The stage will get much bigger on Sept. 11 when he steps…
by - August 27, 2023 8:43 am
Consumers have been the economic engine keeping the U.S. out of recession through the first half of 2023. However, separate research from OnePoll and Numerator found that Americans are spending…
by - August 24, 2023 1:39 pm
Tim Ritz will join Walmart on Sept. 18 as the retailer’s new chief procurement officer, according to an internal memo Wednesday (Aug. 23) by CFO John David Rainey obtained by…
by - August 21, 2023 5:32 pm
Walmart shares recently reached a 52-week high of $162.78, only to fall fast on Aug. 17 after the retailer reported fiscal second-quarter earnings. Some analysts cheered the second-quarter results, while…
by - August 17, 2023 10:57 am
Food and advertising sales helped propel fiscal second-quarter revenue up 5.7% at Walmart and also contributed to better-than-expected net income gains of 53.3% before one-time charges. The Bentonville retailer reported…
by - August 16, 2023 5:18 pm
Judith McKenna, CEO of Walmart International, plans to depart the retailer at year-end, with Sam’s Club CEO Kath McLay to be the International CEO effective Sept. 11. Walmart U.S. COO…
by - August 16, 2023 2:16 pm
Registration for the 10th annual Open Call by Walmart is open for the virtual and in-person event slated for Oct. 24-25 in coordination with U.S. manufacturing month. Walmart took Open…
by - August 16, 2023 8:51 am
Tea is the second most widely consumed beverage worldwide, following water. Dan Klein and his business partner Patrick Tannous, co-founders of Tiesta Tea Co., became tea enthusiasts when studying abroad…
