by - February 21, 2023 3:43 pm
Little Rock-based Dillard’s beat estimates on full year revenue and net income, but lower than expected fourth quarter sales and broad market concerns about consumer spending caused the company’s stock…
by - February 21, 2023 9:21 am
Walmart posted full fiscal year net income of $11.68 billion, down 14.6% compared with the previous fiscal year, but revenue and earnings per share beat expectations. The Bentonville-based global retailer…
by - February 19, 2023 9:50 am
Many years ago, when I was a buyer for a prominent national catalog retailer, I was fascinated by an emerging new retailing format of selling online by way of a…
by - February 18, 2023 9:44 am
Retailers seem to agree that one sector that’s ripe for disruption is healthcare. Multiple companies are making moves to fill the gaps they see by investing in providing health and…
by - February 16, 2023 5:40 pm
The Fort Chaffee Development Authority (FCRA) Board of Trustees approved the sale of two buildings in the Historic District at Chaffee Crossing for use as winery, cidery and coffee roasting…
by - February 14, 2023 6:53 pm
Walmart is closing technology hubs in Austin, Texas, Carlsbad, Calif., and Portland, Ore., with the hundreds of employees at the locations invited to relocate to San Bruno, Calif., or Bentonville….
by - February 14, 2023 2:04 pm
Rogers-based America’s Car-Mart Inc. is expected to post a double-digit earnings decline and revenue growth in the third quarter of fiscal 2023 amid mixed prices and sales in the used…
by - February 14, 2023 11:27 am
Equity market watchers expect lower quarterly earnings from Walmart when the retailer reports fiscal fourth quarter and full-year financials on Friday (Feb. 17). Lukewarm holiday sales are part of why…
by - February 13, 2023 5:45 pm
Niel Crowson of Jonesboro, long-standing chairman of the board and past president of E.C. Barton and Co., retired as chairman of the board, effective December 2022. Crowson served as president…
by - February 13, 2023 1:37 pm
A November Deloitte survey found that 70% of consumer food and product manufacturers (CPG) indicated the sector expects this year to be more stressful than in the past five years….
by - February 10, 2023 8:35 am
Used-vehicle retailer CarMax, the largest buyer and seller of used cars in the U.S., hopes to open a superstore location in Rogers, on the city’s south side east of Interstate 49….
by - February 6, 2023 11:30 am
California-based Berkley International, which designs, manufactures and assembles retail displays and packaging, is investing in its Northwest Arkansas operations with new office space and new equipment. Co-founder and CEO Eric…
by - February 4, 2023 10:25 am
While inflationary fear and slowing consumer spending are among the top external worries among retailers, the No. 1 internal concern is the ongoing workforce shortage, and the difficulty retailers are…
by - February 3, 2023 4:59 pm
Walmart U.S. has named Judy Werthauser new chief people officer at Walmart U.S. following the retirement of Julie Murphy who served in that position since mid-2017. Werthauser will begin the…
by - February 1, 2023 3:50 pm
It was a good quarter, a good year and a good decade for Murphy USA. The El Dorado-based, publicly-traded gas and convenience store chain spun off into its own publicly-traded…
by - January 31, 2023 5:33 pm
Karen Roberts, general counsel for Walmart Inc., is leaving the retail giant. Her departure ends a 27-year career that saw her rise to the rank of executive vice president, a…
by - January 31, 2023 3:59 pm
Consumers plan to spend big for Valentine’s Day totaling an estimated $25.9 billion, up 8.36% from a year ago, according to a National Retail Federation and Prosper Insights & Analytics…
by - January 30, 2023 11:26 am
Fayetteville-based restaurant chain Slim Chickens opened its 26th Arkansas store on Monday (Jan. 30) with a second Springdale location at 401 S. Thompson Street. The restaurant officially opened at 10:30…
by - January 26, 2023 4:27 pm
The retail sector was stable in 2022 after 9,300 retail store closures in 2019 before the pandemic and another 1,800 closures reported through mid-2021. But UBS analysts predict store closures…
by - January 26, 2023 12:29 pm
Sam’s Club, the warehouse club division owned and operated by Walmart Inc., announced Thursday (Jan. 26) plans to build 30 new U.S. locations. A timeline was not disclosed, but Sam’s…
