by - January 27, 2025 4:14 pm
While Fort Smith sales tax revenue rebounded slightly in December, like they did in the previous month, the 2024 totals still fell below what was budgeted for the year, which…
by - January 27, 2025 11:28 am
The diverse retail sector withstood inflation, high interest rates and changing consumer preferences in 2024, but still managed to garner a combined $5.28 trillion in sales, up 3.6% from the…
by - January 27, 2025 9:35 am
Walmart is making leadership changes in its global business, according to an internal memo posted Jan. 17 by Walmart U.S. CEO John Furner, Sam’s Club CEO Chris Nicholas, and Walmart…
by - January 23, 2025 9:15 am
The National Retail Federation (NRF) estimates that 17% of items sold in 2024 were returned in 2024, totaling $890 billion, which is 15% higher than the previous year. The trade…
by - January 18, 2025 11:20 am
Unable to renew a store lease in Newport, Ark., and the desire to reach better hunting areas are two of the many reasons Sam Walton moved his small retail store…
by - January 17, 2025 7:52 pm
Walmart on Friday (Jan. 17) opened part of its new corporate campus sprawled over 350 acres in the heart of Bentonville to the media. More than 15,000 corporate employees will…
by - January 17, 2025 12:52 pm
Walmart has agreed to sell its robotics business to Massachusetts-based Symbotic for $200 million at closing with additional future contingency payments. Walmart is also paying Symbotic $520 million for automated…
by - January 17, 2025 11:21 am
The National Retail Federation (NRF) reported that November and December spending totaled $994.1 billion, up 4% over the same period in 2023. Spending came in ahead of the trade group’s…
by - January 17, 2025 11:19 am
HGTV’s “Fixer to Fabulous” stars Dave and Jenny Marrs plan to open their second store this spring in Northwest Arkansas, according to a news release. Marrs on Main will be…
by - January 15, 2025 7:06 pm
E.C. Barton & Company will open six new Home Outlet stores in 2025, the Jonesboro-based retail chain said Wednesday (Jan. 15). The new stores will be located in Athens and…
by - January 15, 2025 10:26 am
While Walmart has downsized its global portfolio, the retail giant continues to invest in countries where it sees growth opportunities. The company recently said it will invest $1.3 billion in…
by - January 14, 2025 1:29 pm
December holiday sales rose 7.24% from a year ago and advanced 1.74% from the prior month, according to the CNBC and National Retail Federation Retail Monitor data that excluded automobiles…
by - January 13, 2025 3:20 pm
Consumers continue to spend more of their grocery dollars online with total U.S. e-grocery sales of $9.6 billion in December, up 18.52% compared with December 2023, according to Brick Meets…
by - January 9, 2025 2:24 pm
Badu Holdings, Inc. purchased a 5.3-acre commercial lot at Little Rock’s Gateway Town Center in December in a sale totaling $1.95 million. Isaac Smith, Justin Bentley and Lee Strother, all…
by - January 9, 2025 10:09 am
Early reports of online holiday spending (Nov. 1 to Dec. 31, 2024) peg U.S. sales rising 8.7% to $241.4 billion, ahead of earlier estimates by Adobe Analytics. The figures are…
by - January 9, 2025 9:56 am
The National Retail Federation (NRF) and Hackett Associates report retailers are under pressure as they front load cargo to avoid the disruption of a possible strike and higher costs from…
by - January 7, 2025 11:58 am
Private brands, like Walmart’s Great Value, see continued growth in many categories. According to new data from Numerator, 99.9% of consumers purchased a private-label grocery item in the past 12…
by - January 6, 2025 11:26 am
The four largest cities in Benton and Washington counties had different results in their annual sales tax revenue for 2024. Combined revenue in the full year of reports totaled $113.845…
by - January 3, 2025 12:25 pm
A $700 million investment in health care, a 2,700-acre land sale, and a new CEO, basketball coach and mayor comprise some of the top Northwest Arkansas business stories of 2024….
by - January 2, 2025 5:31 pm
Longtime Fort Smith businessman and community supporter Kelly Newton has died following what his family says was a “courageous fight with pancreatic cancer.” He was 74. Newton for decades owned…
