by - August 24, 2024 3:24 pm
Medical marijuana sales in Arkansas between January and July total $158.5 million, down 3.7% compared with the $164.6 million in the same period of 2023. Sales since medical marijuana was…
by - August 22, 2024 6:29 pm
Walmart sent a signal that it’s reducing investments in China by selling 144.5 million shares of JD.com, which totaled about $3.7 billion. The trade happened Wednesday, ending the retail giant’s…
by - August 22, 2024 4:44 pm
Matt Herlevic and Shawn Baldwin retired from Walmart within four months of each other in late 2018. The two — with more than 60 years of combined retail experience —…
by - August 22, 2024 4:35 pm
Cumulative sales tax revenue in Bentonville, Fayetteville, Rogers and Springdale totaled $9.958 million in the August report, up 2.53% compared with the same period in 2023. Year-to-date revenue in the…
by - August 21, 2024 8:56 am
Innovation is crucial in retail and Sam’s Club knows it. The Bentonville-based wholesale club has unveiled its retail design studio dubbed the “Clubhouse” on its corporate campus at 2100 Simple…
by - August 19, 2024 4:33 pm
A report from Reshoring Initiative indicates the effort to return manufacturing jobs to the U.S. created 819 reported cases of reshoring in 2023, and foreign direct investment led to 287,000…
by - August 19, 2024 2:36 pm
Far from being a foreign-owned threat to U.S. national security, Ecotech is planning to renovate the former Trane facility in Fort Smith into a manufacturing operation for its consumer products…
by - August 15, 2024 2:09 pm
Rogers-based Onyx Coffee Lab has been certified by Living Wage for Us for the company’s commitment to paying all workers a living wage. According to Lilburn, Ga.-based Living Wage, Onyx…
by - August 15, 2024 7:49 am
Walmart on Thursday (Aug. 15) reported an almost 5% gain in quarterly revenue but saw unadjusted net income drop 43% in the quarter. The Bentonville-based company boosted full fiscal year…
by - August 15, 2024 6:09 am
Sales dipped and profits were lower for Dillard’s, whose CEO expressed disappointment in the Little Rock-based retailer’s performance. Dillard’s reported Thursday (Aug. 15) revenue of $1.514 billion in the second…
by - August 14, 2024 5:09 pm
Fayetteville online retail startup Bisoxual recently changed its name to Anyway and landed a deal to sell its socks at Dillard’s stores in Northwest Arkansas. Fayetteville entrepreneur Jen Adair launched…
by - August 14, 2024 11:43 am
A South Korean based restaurant will open its first location in Arkansas and it will be in Jonesboro. Haag Brown Commercial Real Estate and Development has announced that Bonchon –…
by - August 12, 2024 10:38 am
Walmart is expected to beat estimates when it reports fiscal second-quarter earnings on Thursday (Aug. 15) for the period ending July 31. The consensus estimate is 65 cents per share,…
by - August 8, 2024 8:39 pm
Westrock Coffee posted another quarterly loss – albeit a smaller one than a year ago – as the Conway-based coffee, tea and extract company continues to search for its footing…
by - August 8, 2024 1:51 pm
Matthew Matt grew up in Philadelphia and is a computer programmer. In 2001, after he became unemployed, his brother-in-law Kimo Sihapanya recruited him to Northwest Arkansas to partner in opening…
by - August 8, 2024 1:43 pm
Lowell-based GoatLab Brewery is the official craft brewery partner of the Arkansas Razorbacks and the Arkansas Edge, which is the official name-image-likeness (NIL) collective of the Razorbacks. According to Thursday’s…
by - August 6, 2024 11:23 am
Off-price retail is popular with inflation-weary consumers looking for their favorite brands at a discount. But not all off-price retailers are cashing in. Ohio-based Big Lots recently announced plans to…
by - August 4, 2024 4:03 pm
As Walmart’s grocery business grows, the retailer plans to transform the supply chain that feeds the food and consumables business. Groceries accounted for more than $264 billion of Walmart’s U.S….
by - August 1, 2024 11:30 am
SupplyPike CEO Dan Sanker has sold the Northwest Arkansas startup he founded in December 2017 to Minneapolis-based SPS Commerce for $119 million in cash and $87 million in stock. SupplyPike,…
by - July 31, 2024 5:03 pm
El Dorado-based Murphy USA on Wednesday (July 31) posted second quarter net income of $144.8 million, above the $132.8 million in the same quarter of 2023. Earnings per share of…
