by - April 22, 2020 2:53 pm
Walmart has hired William White, a marketing exec from competitor Target, as its next chief marketing officer. The position was vacated in August 2019 by Barbara Messing who held the…
by - April 20, 2020 3:05 pm
Walmart has signed an agreement to divest its video streaming service Vudu to movie ticketing firm Fandango, the retail giant confirmed Monday (April 20). Walmart first began shopping this sideline…
by - April 19, 2020 5:11 pm
The COVID-19 (coronavirus) pandemic has redefined retail for American consumers who are largely hunkered down at home and going out only for groceries and consumables. That has meant far more…
by - April 18, 2020 5:38 pm
Walmart U.S. eCommerce CEO Marc Lore sold another 85,000 shares of his Walmart stock holdings on April 15. The three large stock transactions netted Lore more than $10.924 million, according…
by - April 18, 2020 11:34 am
The severity of the COVID-19 (coronavirus) pandemic started to manifest in the second week of March. The timeline is still fresh in James Smith’s mind. “The first week of March…
by - April 17, 2020 1:03 pm
Dallas-based retailers JCPenney and Neiman Marcus are treading some heavy water amid the coronavirus outbreak with stores closed and much of their business shuttered. The two retailers skipped recent debt…
by - April 17, 2020 12:25 pm
El Dorado-based Murphy USA beat revenue and earnings estimate on first quarter results, with the company CEO saying the fuel retailer is “well-positioned” to survive economic uncertainty arising from the…
by - April 17, 2020 11:27 am
The board of directors of E.C. Barton and Co. has named Mark Biggers president of the Jonesboro-based building materials company. Biggers is a 1998 graduate of Arkansas State University with…
by - April 16, 2020 3:28 pm
The supply chains of product manufacturers of consumer packaged goods and the retailers they supply are being challenged in unprecedented ways amid the spread of coronavirus. Long truck lines form…
by - April 16, 2020 8:51 am
Editor’s Note: The following story appeared in the March 16 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
by - April 13, 2020 12:04 pm
Walmart will lose a top e-commerce talent later this month when Jamie Iannone becomes the new CEO of eBay. The California-based company announced the hiring Monday (April 13). Iannone was…
by - April 11, 2020 10:27 am
As more retail sales move online, Walmart continues to build fewer stores and remodel about 500 a year. But the retailer’s deli departments are receiving facelifts. Three Supercenter stores in…
by - April 10, 2020 5:39 pm
Walmart stores across the country have remained open during the COVID-19 pandemic, stressing the retail giant’s supply chain and the company’s employees as consumer demand has soared to unprecedented levels…
by - April 10, 2020 10:15 am
The used vehicle market is being challenged by the new vehicle market as it offers strong financing incentives to prospective buyers amid the COVID-19 pandemic that’s hurting sales in both…
by - April 8, 2020 3:59 pm
Nielsen reports the consumer packaged goods (CPG) industry saw a 15-fold jump in sales in mid-March as more Americans adhered to COVID-19 stay-at-home orders and travel restrictions. The sales increase…
by - April 7, 2020 3:36 pm
The retail sector continues to reel from the impact of COVID-19 that has shuttered many stores and furloughed workers amid social distancing guidelines recommended by health and government officials. Analysts…
by - April 7, 2020 12:58 pm
Editor’s note: This story appeared in the March 30 edition of the Northwest Arkansas Business Journal. —————- Bobby Bland’s wake-up call came through a life-changing visit to see his father-in-law…
by - April 4, 2020 10:59 am
Walmart has been ramping up efforts to cash in advertising revenue from its massive supplier base that does business at Walmart.com and in stores. Amazon has used the strategy for…
by - April 3, 2020 4:29 pm
Walmart officials said Friday (April 3) the company will limit the number of shoppers who can enter its stores to keep crowding to a minimum. The new regulations were triggered…
by - April 3, 2020 4:12 pm
The annual Walmart shareholders week, which included a business meeting and employee celebration with a full week of activities for 5,000 employees from around the globe, won’t happen this year….
