by - August 14, 2023 3:08 pm
All eyes will be on Walmart when it reports second-quarter earnings on Thursday (Aug. 17). The consensus estimate is for a net income of $4.55 billion, down 6% from the…
by - August 10, 2023 3:22 pm
U.S. consumers are still buying more than last year, but spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation, National Retail Federation…
by - August 10, 2023 7:01 am
Little Rock-based retailer Dillard’s, Inc. reported lower second quarter profits amid a drop in sales, noting that “consumer caution” continues to be at the root of the decline. Sales revenue…
by - August 9, 2023 12:02 pm
Dollar General announced last July that it would build a $140 million warehouse distribution center in North Little Rock, confirming on Wednesday (Aug. 9) it expects to employ 300 workers…
by - August 9, 2023 7:48 am
Content quality is essential for suppliers who sell products online at Walmart and elsewhere. Since merging Walmart’s online and in-store buyers and merchandising efforts, the retail giant is revamping item…
by - August 8, 2023 4:39 pm
Import cargo volume at the nation’s major container ports is expected to hit its highest level in nearly a year this month as retailers stock up for the winter holidays,…
by - August 6, 2023 9:33 am
A German company that does consumer product safety testing will relocate its Bentonville lab to a larger space this fall. TÜV Rheinland of North America Inc. will move the lab…
by - August 4, 2023 12:24 pm
Editor’s note: The State of the State series provides reports twice a year on Arkansas’ key economic sectors. The series publishes stories to begin a year and stories in July/August…
by - August 2, 2023 5:34 pm
Murphy USA reported second quarter net income of $132.8 million, a decline from $183.3 million one year ago. Second quarter revenue for the El Dorado-based gas and convenience store operator was…
by - August 2, 2023 9:20 am
Cutbacks in the U.S. Department of Agriculture’s Supplemental Nutrition Assistance Program (SNAP), also known as food stamps, this past spring has retailers offering discounted subscription costs for households seeing reduced…
by - August 1, 2023 10:22 am
A new report from J.D. Power indicates consumers have their favorite retail pharmacies and do not often change pharmacies. Now in its 15th year, the U.S. pharmacy study gauges customer…
by - July 30, 2023 10:43 am
Bentonville-based Outdoor Cap, one of the country’s largest headwear suppliers, is ranked No. 25 on the PPAI Top 100, an inaugural ranking of industry leaders by the trade group Promotional…
by - July 29, 2023 10:40 am
A study by Attest suggests inflation changed consumer behavior, with 73% of respondents preferring private-label brands even as the economy improves. The study found that 90% bargain hunt when grocery…
by - July 26, 2023 5:53 pm
Bentonville-based Walmart and beverage/snack titan PepsiCo plan to partner over the next seven years to make $120 million worth of investments to support farmers on soil health and water quality…
by - July 25, 2023 12:00 pm
Jon and Andrea Allen, owners of Onyx Coffee Lab, say they are planning a return to Springdale. In a news release Tuesday (July 25), Onyx disclosed details of opening a…
by - July 24, 2023 6:00 pm
During its annual six-week campaign, Walmart and Sam’s Club raised $1.4 million for Arkansas Children’s through Children’s Miracle Network (CMN) Hospitals. “We are thrilled by this news,” said Enid Olvey,…
by - July 23, 2023 8:53 am
Many 65-year-olds were retiring, but Walmart founder Sam Walton sought a new challenge. Walmart had grown to more than $1 billion in sales by 1983. Walton saw the success of…
by - July 22, 2023 9:45 am
Walmart’s Spark delivery platform, which includes the GoLocal option, had 1 million deliveries last fall and continues to pick up steam. The proprietary delivery platform is similar to those used…
by - July 22, 2023 8:51 am
A quick check of my LinkedIn profile will reveal to anyone who doesn’t already know me that my career experiences are dominated by my role as a buyer for several…
by - July 20, 2023 1:58 pm
Data firm Placer.ai reported the food retail sector experienced mixed store traffic in the second quarter. Dollar stores saw the biggest gains and mass retailers like Walmart and Target recorded…
