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…
by - April 29, 2023 9:59 am
The pet business is a competitive one. And the $65 billion pet services market is drawing the attention of more non-pet retailers as a way to increase revenue streams as…
by - April 28, 2023 10:07 am
More than a handful of new eateries and retail establishments have scoped out new locations in Northwest Arkansas despite a rise in bankruptcies and uncertainty in the retail sector. The…
by - April 21, 2023 4:43 pm
Walmart is selling its third e-tailer brand this year. The Bentonville-based retail giant is selling the online plus-size apparel brand Eloquii to FullBeauty Brands for an undisclosed figure. Walmart continues…
by - April 20, 2023 6:29 pm
Walmart’s top six executives earned a cumulative $123.116 million for the fiscal year that ended Feb. 1, up 54% compared with the previous fiscal year. That figure included $2.029 million…
by - April 20, 2023 2:40 pm
Bentonville-based outdoor apparel company LIVSN Designs will launch a new jacket via Kickstarter starting April 25. The 30-day crowdfunding campaign will feature the company’s Century Jacket, which comprises all-natural materials,…
by - April 19, 2023 5:36 pm
Jason Morris, a senior vice president of Walmart’s global technology division, has been hired as the chief technology and information officer at Nordstrom, effective May. 1. Morris will succeed Edmond…
by - April 19, 2023 5:17 pm
More than 200 people who work in the retail supply chain gathered in Bentonville on Wednesday (April 19) for the 2023 Supply Chain Trends and Expo event to discuss the…
by - April 18, 2023 12:16 pm
Walmart will soon use its first compressed natural gas engine in its private trucking fleet as the retailer works toward zero emissions in its massive transportation operations by 2040. Cummins…
