by - July 19, 2021 2:04 pm
Retail sales across the U.S. rebounded in June. Demand remains strong despite shifting away from goods to services and travel and declining automobile sales. The Department of Commerce reported Friday…
by - July 15, 2021 6:13 pm
Jeff Williams, president and CEO of Rogers-based America’s Car-Mart, received a 30.9% raise in 2021, while total compensation declined 83.8% to $797,506, from $4.92 million in 2020, according to the…
by - July 15, 2021 7:58 am
Bentonville-based corrugated packaging company Rapid recently rebranded from Rapid Prototypes and moved into a 14,000-square-foot warehouse in Tontitown. Including the existing 25,000-square-foot facility on Walton Boulevard in Bentonville, the company’s…
by - July 14, 2021 3:01 pm
Walmart said Wednesday (July 14) it plans to place Symbotic robotic technology in 25 of its 42 regional distribution centers (RDC’s). The retail giant did not disclose the cost but…
by - July 13, 2021 2:59 pm
The Federal Reserve estimated consumer prices will jump 3.4% in the fourth quarter compared to last year. Retail food and consumable prices are up between 8% and 9% compared with…
by - July 12, 2021 4:28 pm
The Flipkart Group, the Indian retailer partially owned by Walmart, raised $3.6 billion (U.S.) in new funding as it seeks to grow an e-commerce ecosystem in India. Lead investors include…
by - July 11, 2021 11:32 am
Arkansas is known for its abundance of farmers, truckers, bankers, and retailers, but the Natural State isn’t exactly renowned for its contributions to the world of chocolatiers. There is a…
by - July 9, 2021 8:46 am
U.S. discretionary spending on general merchandise continues to be healthier than expected. Dollar sales for the week ending June 12 rose 15% over the same period two years ago, continuing…
by - July 6, 2021 3:25 pm
Chris Cracchiolo, a 19-year veteran executive from American Express, will take over leadership of the Walmart+ membership program effective July 12. He will replace David Echegoyen, who is departing the…
by - July 5, 2021 10:02 am
STX Business Solutions, a data management company in Bentonville, has been acquired by Florida-based Financial Information Technologies, LLC (Fintech). According to a news release, STX employees will continue day-to-day operations “as the partnership…
by - July 5, 2021 9:07 am
Digital grocery shopping exploded in 2020 amid the COVID-19 pandemic, accelerating by an estimated five years, according to the IBM Retail Index. But as vaccines reduce COVID’s spread, retailers and…
by - July 1, 2021 5:18 pm
Walmart’s 8th annual Open Call for prospective suppliers took place virtually on June 30. The retail giant said merchant teams heard from more than 900 entrepreneurs who pitched their products…
by - June 29, 2021 5:16 pm
Walmart said Tuesday (June 29) it will sell a private-brand version of insulin, ReliOn NovoLog, to adults and children who have a prescription. The private-brand insulin is manufactured by Novo…
by - June 26, 2021 10:11 am
Walmart has in recent years implemented a lot of technology to help store employees, but the latest investment in the Me@Walmart mobile app is the best thing local store employees…
by - June 24, 2021 4:55 pm
The June report from Bentonville, Fayetteville, Rogers and Springdale city offices indicates the cumulative sales tax revenue from April sales totaled $7.976 million, up 40.76% from a year ago. Revenue…
by - June 22, 2021 3:06 pm
According to two surveys of shoppers by Adobe Analytics and Numerator, Amazon is on pace for record Prime Day sales this year. During the first 24 hours of the annual…
by - June 21, 2021 11:11 am
Walmart plans to begin drone deliveries by this fall from a Bentonville store. That news was part of the retailer’s announcement that it is investing in drone delivery provider DroneUp…
by - June 17, 2021 10:46 am
Amazon’s annual Prime Day sales event has had a noticeable impact on the market share of consumer packaged goods (CPG) categories such as baby and beauty. According to a recent…
by - June 17, 2021 7:42 am
With COVID-19 cases falling amid more vaccinations among U.S. adults, a growing number of families are planning to get together for summer events like Father’s Day, according to recent surveys…
by - June 15, 2021 6:12 pm
Consumer spending slowed in May from the prior month but retail sales reported by the U.S. Census Bureau jumped more than 28% from the year-ago period to $620.2 billion. That…
