by - May 15, 2020 3:19 pm
Walmart is one of the U.S. and global retailers that has remained open during COVID-19. The Bentonville-based retailer is set to report first-quarter earnings before the market opens on May…
by - May 14, 2020 6:18 pm
Little Rock-based Dillard’s reported deep losses of $162 million for the quarter ending May 2. The losses were not unexpected as much of the retail industry was closed during the…
by - May 14, 2020 10:30 am
Retailers and malls across the country, outside of grocery and restaurant takeout, have mostly been closed since March as COVID-19 spread. The National Retail Federation (NRF) and Retail Industry Leaders…
by - May 12, 2020 4:23 pm
Walmart will pay additional cash bonuses to hourly U.S. employees working to keep the retailer open during the COVID-19 pandemic. Full-time hourly employees will get a $300 cash bonus and…
by - May 12, 2020 4:13 pm
America’s Car-Mart is expected to report earnings per share and revenue declined in the fourth quarter of fiscal 2020, but earnings and revenue are projected to rise for the year….
by - May 12, 2020 12:22 pm
Houston-based Stage Stores filed Chapter 11 bankruptcy and is seeking potential buyers. Stage banners include Gordman’s, Bealls, Goody’s, Palais Royal, Stage and Peebles, and the 738 stores will begin liquidating…
by - May 11, 2020 3:59 pm
Shippers of consumer packaged goods expect the remainder of 2020 to be challenging because of the COVID-19 (coronavirus) pandemic while the transportation sector sheds employees and truck orders fall. FreightWaves…
by - May 10, 2020 6:46 pm
Walmart U.S. eCommerce CEO Marc Lore continues to sell his Walmart stock holdings. On May 7, Lore liquidated another 85,000 shares of his personal Walmart shares for a total of…
by - May 7, 2020 4:34 pm
One of the leading indicators of economic health – consumer spending – took a historic hit as the COVID-19 pandemic began to unfold in March. In the 61 years since…
by - May 7, 2020 8:26 am
It’s not unusual for colleges and universities to protect slogans or phrases that are associated with their head coaches. A postgame comment in November 2010 by head football coach Bobby…
by - May 6, 2020 4:08 pm
Consumers are expected to spend big on moms this year for Mother’s Day (May 10) with a total of $26.7 billion that could be spent with retailers and restaurants, according…
by - May 5, 2020 2:14 pm
There is no shortage of meat in the U.S., say Cargill CEO David MacLennan and Tyson Foods CEO Noel White. However, temporary shutdowns and slower line speeds in beef, pork…
by - May 4, 2020 11:02 am
Ropeswing Hospitality Group in Bentonville recently launched a meal subscription service allowing customers to receive up to five home-delivered meals weekly from the Walton-backed organization’s restaurants amidst the COVID-19 pandemic….
by - May 2, 2020 10:07 am
Walmart continues to push the envelope on delivery as more consumers are looking for shopping convenience. The retail giant is piloting a new “Express Delivery” service that delivers more items…
by - May 2, 2020 9:50 am
Alcoholic beverage sales shot up in March as stay-at-home orders were issued, and many bars and restaurants had to close for dine-in service to enforce social distancing measures. That sent…
by - April 30, 2020 9:38 am
As recruiters in the consumer goods industry, my colleagues and I have the opportunity to speak with professionals who manage sales, analytics and supply chains for the leading companies providing…
by - April 28, 2020 3:50 pm
Sales have fallen for America’s Car-Mart amid the COVID-19 (coronavirus) pandemic, but they’re not as weak as the broader market in which sales have declined more than 50%, analysts said….
by - April 28, 2020 12:55 pm
Soon after Doug McMillon became Walmart CEO in 2014, he spoke about the need for change and staying ahead of consumer demands. His primary goals were to improve same-store sales…
by - April 27, 2020 3:14 pm
Sam’s Club, whose corporate motto is to “be in business for small business,” is donating $1 million to the Local Initiatives Support Corp. (LISC), which provides emergency funds to businesses…
by - April 24, 2020 3:29 pm
In a Thursday proxy filing with the U.S. Securities and Exchange Commission, Walmart reported compensation of its top six executive officers totaled more than $112.39 million. The top earner was…
