by - June 1, 2022 3:53 pm
Walmart held its annual business meeting virtually on Wednesday (June 1), marking the second time in two years the retailer has not held a physical meeting and three years since…
by - May 31, 2022 6:14 pm
Walmart and Marriott International signed a franchise agreement for the retail giant to build and own an AC Hotel on its home campus in Bentonville. The AC Hotel by Marriott…
by - May 26, 2022 3:49 pm
With consumer prices at 40-year highs, shoppers know their grocery dollars are being squeezed. And so is the packaging. Package sizes are shrinking — known as “shrinkflation” — on everything…
by - May 26, 2022 3:00 pm
An Alignable Research Center survey found that 72% of restaurateurs say they will be out of business if inflation does not moderate. Roughly half said inflationary pressures could force them…
by - May 24, 2022 2:34 pm
Walmart Inc. and tech company Symbotic announced a new agreement to place Symbotic’s robotics and software automation platform in Walmart’s 42 regional distribution centers. The deal builds on the prior…
by - May 23, 2022 6:45 pm
Rogers-based America’s Car-Mart beat expectations for earnings and revenue in the fourth quarter of fiscal 2022 and for the year as it faces supply and demand imbalances, inflation and decreasing…
by - May 21, 2022 11:21 am
Walmart, a leader in supply chain innovation with more than four decades of experience over chief competitor Amazon, is still challenged to meet consumer demand, according to David Guggina, senior…
by - May 18, 2022 6:46 pm
Jeannie and Saddiq Mir have purchased J&S Italian Villa in Hot Springs and the couple have plans to improve the interior and menu. The restaurant is located at 4332 Central…
by - May 18, 2022 3:48 pm
Walmart was behind the pack when finally deciding to launch its Walmart+ subscription membership program in June 2021. Amazon’s Prime subscription was launched in early 2005 growing to 200 million…
by - May 18, 2022 11:29 am
The U.S Census Bureau reported overall retail sales in April were up 0.9% seasonally adjusted from March and up 8.2% year over year. Sales were up 1.4% month over month…
by - May 17, 2022 11:42 am
The successes are beginning to pile up for entrepreneur Colton Knittig and his Fayetteville-based company Grillight. Knittig says his company, which makes barbecue tools and accessories, has secured a national…
by - May 17, 2022 10:26 am
Inflation in the supply chain, higher-than-expected inventory, and a 30% rise in wage costs helped derail Walmart’s first-quarter net income to 74 cents per share after a 56-cent downward adjustment…
by - May 16, 2022 6:32 pm
KBK-Breck, LLC, purchased the local shopping center known as Breckenridge Village in west Little Rock and plan a multi-million dollar redevelopment, according to a press release made public on Monday…
by - May 16, 2022 3:28 pm
Rogers-based America’s Car-Mart is expected to post earnings decreases for the fourth quarter of fiscal 2022 and the year, but revenue is projected to rise to more than $1 billion,…
by - May 14, 2022 10:47 am
Walmart helped put Northwest Arkansas on the map. Home makeover duo Jenny and Dave Marrs continue to spotlight the region’s beauty and culture to millions of viewers on the HGTV…
by - May 13, 2022 9:12 am
Dillard’s Inc. reported first quarter net income of $251.1 million, or $13.68 per share, on sales revenue of $1.612 billion. One year ago, the Little Rock-based department store and online…
by - May 12, 2022 11:10 am
Walmart is often seen as a stalwart in a challenging economy because it has the the scale and resources to manage shrinking margins. That’s primarily why equity analysts expect Walmart…
by - May 10, 2022 1:15 pm
Bentonville-based Walmart Inc. has added to its economic team by hiring its first chief economist. John List, a distinguished professor at the University of Chicago, fills that role for the…
by - May 7, 2022 9:36 am
Consumer packaged goods (CPG) manufacturers are operating in uncharted waters with inflation at a 40-year high, supply chain issues not helped by the Russian invasion of Ukraine, labor shortages and…
by - May 5, 2022 3:18 pm
It has been more than two decades since Walmart aggressively moved to grow its global retail footprint. But in the past two to three years, the Bentonville-based retail giant has…
