by - March 1, 2021 1:21 pm
Springdale-based grocery chain Harps Food Stores Inc. has completed a sale-leaseback deal of 13 free-standing grocery stores for $30.1 million. All of the stores are in Arkansas and Missouri and…
by - February 28, 2021 2:29 pm
Consumers hunkering down at home during the pandemic spent more on food consumed at home. Many of them also reached for smaller, niche brands as supply chain disruptions meant national…
by - February 25, 2021 12:06 pm
Like so many automakers, General Motors is investing heavily in electrification. That means the auto dealers who sell their cars must make investments, too. “We’ve got to sell what General…
by - February 24, 2021 3:36 pm
The National Retail Federation released Wednesday (Feb. 24) an estimate for retail sales growth this year as the COVID-19 vaccine continues to be rolled out. At $4.33 trillion, the forecast…
by - February 24, 2021 3:26 pm
U.S. online grocery sales for January 2021 hit $9.3 billion, up 15% from November, as more than 69.7 million U.S. households placed on average 2.8 orders across delivery, pickup and…
by - February 24, 2021 9:30 am
Arkansas-based automotive dealer group Crain Automotive Holdings has acquired Northwest RV Sales and Service at 5950 W. Sunset Ave., west of Interstate 49 in Springdale. The 3.9-acre property changed hands…
by - February 23, 2021 5:21 pm
Holiday spending helped the four largest cities in Northwest Arkansas report 6.63% higher sales tax revenue in the February report. Bentonville, Fayetteville, Rogers and Springdale cumulatively received $8.107 million in…
by - February 23, 2021 5:30 am
The financial statements for Dillard’s Inc. are a microcosm for the tough calendar year experienced by many retailers during the coronavirus pandemic. On Monday (Feb. 22) the Little Rock-based retailer…
by - February 19, 2021 4:48 pm
Tractor Supply Company has announced the acquisition of Missouri-based Orscheln Farm and Home stores for $297 million in an all-cash deal that affects 167 stores in 11 states including Arkansas, Kansas…
by - February 18, 2021 3:23 pm
Walmart CEO Doug McMillon said with $564.2 billion in sales the retailer is just getting started. He remembered the late former CEO David Glass saying the same thing more than…
by - February 18, 2021 11:50 am
Walmart disappointed the equity markets Thursday (Feb. 18) with a 12-cent per share earnings miss in the fourth quarter, despite record revenue and strong same-store sales. Fourth-quarter earnings on an adjusted…
by - February 17, 2021 2:06 pm
The retail sector is starting to use internet of things (IoT) technology with various applications. Sanjay Radhakrishnan, vice president of global technology at Walmart, recently said the company manages more…
by - February 16, 2021 5:59 pm
Rogers-based America’s Car-Mart Inc. beat analyst expectations for earnings in the third quarter of fiscal 2021 while revenue rose to a record of $228 million. After the buy here, pay…
by - February 16, 2021 5:22 pm
Walmart has been one of the winners in retail amid the ongoing COVID-19 pandemic and Wall Street expects the retail giant will see net income grow 8.7% in its fiscal…
by - February 16, 2021 1:53 pm
Walmart said Tuesday (Feb. 16) it has temporarily closed roughly 10% of its U.S. stores as an Arctic blast brought snow, ice and sub-freezing temperatures to large parts of the…
by - February 14, 2021 11:12 am
The ongoing COVID-19 pandemic has dramatically reshaped how consumers think and shop. As retailers try to transition from a place of fear to hope with a vaccine rollout, it will…
by - February 11, 2021 3:32 pm
Rogers-based America’s Car-Mart Inc. is expected to post earnings and revenue increases for the third quarter of fiscal 2021. Meanwhile, the stock for the buy here, pay here used car…
by - February 11, 2021 2:52 pm
Kraft Heinz announced Thursday (Feb. 11) a deal to sell its Planters and other nuts businesses to Hormel for $3.35 billion. The cash deal includes most Planters products and the…
by - February 11, 2021 11:11 am
Three years after exiting the market, Arkansas-based auto retailer Everett Auto Group has its eye set on a return to Northwest Arkansas. The company has filed a preliminary development plan…
by - February 10, 2021 1:46 pm
Despite the ongoing COVID-19 pandemic, 2020 proved to be a record year for retail imports, according to the National Retail Federation (NRF) and Hackett Associates. The NRF expects imports to…
