by - January 25, 2023 2:06 pm
Coming from record sales and a climate where consumers had extra money to spend, retailers are bracing for a year of transition amid a possible slowing economy, rising interest rates…
by - January 25, 2023 8:23 am
When the pandemic enveloped the world in March of 2020, book lovers in Jonesboro were dealt a double blow. At the end of the same month during the same year,…
by - January 24, 2023 5:13 pm
Walmart said Tuesday (Jan. 24) it will raise the starting and minimum wage for all employees who work in stores to $14 per hour beginning next month. Walmart spokesman Jimmy…
by - January 22, 2023 11:06 am
Bentonville-based retailer Walmart Inc. said recently it now operates, with its vendors, 36 drone delivery hubs in Arizona, Arkansas, Florida, North Carolina, Texas, Utah and Virginia. “I’m incredibly proud of…
by - January 21, 2023 10:46 am
Besides being the nation’s largest retailer, Walmart is slowly becoming a technology company. The Bentonville-based retail titan spent big on technology innovations last year in hopes of adding additional revenue…
by - January 19, 2023 4:51 pm
Consumer spending has slowed since October according to retail sales data released Jan. 18 from the U.S. Census Bureau. Retail sales in December were down 1.1% from the prior month,…
by - January 12, 2023 4:39 pm
Consumers are still paying an average of 11.8% more for the food bought at U.S. grocery stores compared to the same time last year, according to the December Consumer Price…
by - January 12, 2023 12:24 pm
Used vehicle prices in the United States are expected to moderate as rising interest rates and new vehicle supply impact used vehicle demand, according to vehicle market economists. However, used…
by - January 7, 2023 11:04 am
Retail suppliers expect many challenges from 2022 to persist well into 2023, with slower growth predictions that could lead to continued price inflation. Suppliers continue to face logistics disruptions despite…
by - January 5, 2023 9:47 am
An international partnership led Rogers-based Onyx Coffee Lab to team up with NBA player Jimmy Butler for a limited-release, competition-level coffee. Onyx co-founder Jon Allen said Butler reached out to…
by - January 4, 2023 12:26 pm
An early report on holiday spending from Mastercard SpendingPulse indicates holiday sales (excluding automobiles) rose 7.6% between Nov. 1 and Dec. 24. The report measures in-store and online retail sales…
by - January 1, 2023 9:03 am
El Dorado-based Murphy USA announced Thursday (Dec. 29) that its board of directors approved a $25 million donation to the Murphy USA Charitable Foundation. The foundation funds will support community…
by - December 30, 2022 2:46 pm
Augusta-based ARcare has acquired Polk Pharmacy in England, Arkansas. Terms of the private transaction were not disclosed. Owned by Scott Polk since 1992 when he purchased Danley Drug, the pharmacy…
by - December 27, 2022 9:47 am
Julie Barber, Walmart’s executive vice president of general merchandise, said the retailer continues to face an overabundance of inventory in some categories and inflationary pricing pressures. She said the company…
by - December 26, 2022 8:52 am
Bentonville-based 8th & Walton, an education and advisory service company for Walmart suppliers, recently announced certification as a B Corporation (B Corp). The Pennsylvania nonprofit B Lab issues the certification…
by - December 21, 2022 12:35 pm
It may be difficult for some recent college graduates to find full-time work. That’s not the case for Justin Macedo. Macedo, 23, closed a deal on Nov. 23 to buy…
by - December 17, 2022 8:34 am
Online grocery sales during the COVID-19 pandemic in 2020 and 2021 showed four to five years of growth in 18 to 24 months. Global and regional retailers added online capacity…
by - December 10, 2022 10:04 am
According to the National Retail Federation (NRF), holiday retail sales are likely to be 6% to 8% higher than last year. Online sales are forecast to rise 10 to 12%….
by - December 6, 2022 2:29 pm
Salesforce reported U.S. Cyber Week – the week following Thanksgiving – sales rose 9% year-over-year to $68 billion. Global online sales for the same period were up 2% from a…
by - December 5, 2022 10:21 am
Rogers-based America’s Car-Mart Inc. announced Monday (Dec. 5) acquiring the dealership assets of Credit-Line Inc. and Loanco Inc., both Texas corporations doing business as Taylor Auto Credit. Terms of the…
