by - April 18, 2023 12:06 pm
Walmart has returned to the debt market to raise about $5 billion in capital that will be used for general purposes, the company said. The retail giant is selling notes…
by - April 17, 2023 5:19 pm
Walmart will sell the upscale men’s fashion retailer Bonobos for a reported $75 million to Express Inc. and brand management firm WHP Global, as it continues to unwind the online…
by - April 16, 2023 3:11 pm
U.S. retail sales were down 1% from February, but up 2.9% year over year, according to the U.S. Census Bureau. Sales slid more than the consensus estimate on a month-over-month…
by - April 14, 2023 1:13 pm
Charles Redfield, chief merchandising officer and 32-year employee at Walmart, is leaving the retailer in May, according to an internal email sent Friday (April 14). He will transition into an…
by - April 13, 2023 2:10 pm
The Scott Family Amazeum recently announced the honorary chairman of its sixth annual fundraiser is Sam’s Club CEO Kath McLay. The UnGala fundraiser will take place from 6 to 10…
by - April 12, 2023 12:33 pm
The pace of inflation hit its lowest level since late 2021, but overall inflation remains high as core inflation – excluding food and fuel – ticked up 0.1% in March…
by - April 12, 2023 9:26 am
Used vehicle prices are expected to be higher this year because of low inventory, automotive economists said. However, the rise in prices so far this year could lead to price…
by - April 11, 2023 3:00 pm
The future for social media platform TikTok may be cloudy, but that has not kept Walmart and Amazon from seeking to grow their brands via influencers and content creators on…
by - April 11, 2023 11:37 am
Walmart has hired Denise Malloy as the company’s new chief belonging officer. She will begin in the job on April 14 and succeeds Ben Hasan, who was the retailer’s chief…
by - April 11, 2023 10:49 am
GEN Z, a Bentonville startup that launched a water brand with a unique bottle design, recently was sold to Industry, Calif.-based Langers Juice Co. Financial terms of the deal were…
by - April 10, 2023 10:57 am
Missouri-based Club Car Wash has acquired the site of a former Springdale restaurant that recently closed after over 75 years. According to Washington County property records, Club Car Wash paid $1.75 million…
by - April 6, 2023 2:30 pm
Walmart plans to build electric vehicle (EV) charging stations at thousands of its stores and clubs over the next six years. The retailer now has roughly 1,300 charging stations at…
by - April 6, 2023 12:53 pm
Bentonville-based Counter looks to turn viral videos of recipes into foods one can buy online or in-store. The content creator-led frozen foods brand recently launched a website and landed a…
by - April 5, 2023 11:53 am
Walmart’s executives made a hard sell on innovation – especially with supply chain automation – to the investment community Tuesday and Wednesday (April 4-5) at the retailer’s investor conference in…
by - April 5, 2023 9:06 am
Bentonville technology company Movista recently launched a new mobile app for customers. The app, called Amp, boasts a modern and intuitive interface that drives employee engagement and improves in-store productivity….
by - April 5, 2023 8:41 am
William “Bill” Underwood, the founder and chairman of family-owned Underwoods Fine Jewelers in downtown Fayetteville, died April 2 at his Fayetteville home after a brief battle with cancer. He was…
by - April 4, 2023 10:38 am
An era of jewelry in Fort Smith is coming to a close after more than a century. For 109 years, the Newton family has sold fine jewelry, watches and other…
by - April 3, 2023 5:24 pm
Brand Finance has pegged Amazon as the top U.S. brand by value. Amazon took the top spot from Apple with a calculated brand value of $299.3 billion in this year’s…
by - April 2, 2023 9:23 am
While the U.S. economy remains relatively strong, the retail sector is a mixed bag with a tight workforce despite the 50,100 retail jobs added in February against a growing number…
by - March 31, 2023 3:40 pm
Elizabeth Kraus, a former attorney for the U.S. Federal Trade Commission, is joining Walmart’s Antitrust Center of Expertise, according to a Friday (March 31 email announcement from the retail giant….
