by - April 15, 2021 5:19 pm
Walmart’s investment brings the size of Cruise’s latest funding round to $2.75 billion, the companies said Thursday, up from the $2 billion Cruise announced in January when Microsoft Corp. became…
by - April 15, 2021 4:01 pm
Walmart, the nation’s largest employer, has said two-thirds of store employees will reach full-time work status by the end of the year. The retail giant said the move will provide…
by - April 14, 2021 5:23 pm
Ecoark, formerly based in Rogers, and its associated company Zest Labs have won a verdict against Walmart for $115 million handed down April 9 by U.S. District Court Judge James…
by - April 14, 2021 12:31 pm
Daniel Trujillo, the Walmart global chief ethics and compliance officer, is exiting the retail giant to pursue other opportunities. The announcement was made this week in an internal email from…
by - April 12, 2021 3:06 pm
Retail giant Walmart, which continues to build its internal advertising and media business, recently hired former Disney executive Jean Battany as the company’s first chief creative officer. Battany formerly served…
by - April 12, 2021 1:22 pm
Wholesale used vehicle prices in the United States rose by 5.8% in March, from February, and were up 26.2% from March 2020, according to the Manheim Used Vehicle Value Index….
by - April 12, 2021 10:12 am
Research suggests that for all the pain the ongoing pandemic has dealt retailers, the sector has innovated and invested in meeting the challenges head-on. Research by consulting firm McKinsey &…
by - April 5, 2021 2:57 pm
Washington native Michael LaSalata, owner and CEO of Hellion Bikes, recently moved his business from Seattle to Bentonville and has plans to set up shop along an existing trail. He…
by - April 4, 2021 12:11 pm
Walmart is not a fashion destination, but high-profile fashion designer Brandon Maxwell hopes to change that as the creative director for the retailer’s exclusive, higher-end Free Assembly and Scoop fashion…
by - April 1, 2021 1:47 pm
EasyBins, an online grocery startup based in Springdale, completed its seed round funding with a significant investment from the Validation Fund at Winrock International. Cadron Capital of Fayetteville led the…
by - April 1, 2021 1:02 pm
Each year, Walmart hosts a biannual investor summit. The investment community has an opportunity to hear from Walmart’s leadership about company performance, visibility in the upcoming year and insights into…
by - March 31, 2021 5:16 pm
Walmart announced Wednesday (March 31) plans to bring its in-home delivery service to parts of Northwest Arkansas effective April 7. The retailer’s home base is the fourth market for the…
by - March 31, 2021 1:21 pm
While the recent Suez Canal blockage grabbed headlines for several days, it merely adds more pressure to a global supply chain problem that hit almost every global economic sector after…
by - March 31, 2021 11:40 am
Consumers are spending for Easter at a record average of $179.70, according to the National Retail Federation. The annual survey with Prosper Insights & Analytics found 79% of Americans will…
by - March 30, 2021 4:50 pm
Retail giant Walmart said Tuesday (March 30) it would hold its annual shareholder meeting virtually on June 2 at 10:30 a.m. A link to the meeting will be available on…
by - March 29, 2021 5:40 pm
When it comes to sales tax revenue, 2021 has started off strong. The February sales tax report shows that both the city’s share of the 1% Sebastian County sales tax…
by - March 28, 2021 11:49 am
Private brands are essential in retail and warehouse clubs. Costco’s Kirkland Signature brand is worth about $75 billion, arguably one of the largest private labels in the country in terms…
by - March 25, 2021 3:48 pm
Walmart is still king of the hill in terms of being the largest global retailer by revenue and impact on retail around the world. Kantar released its annual ranking of…
by - March 25, 2021 3:09 pm
French retailer Carrefour will acquire Grupo BIG Brasil from Advent International and Walmart who still own a small interest in the retail business. The deal is valued at $1.26 billion…
by - March 25, 2021 11:08 am
Walmart President and CEO Doug McMillon recently revealed a new “flywheel” model to the investment community, saying it’s the old productivity loop with the customer at the center but with…
