by - August 25, 2020 3:25 pm
Walmart blazed a new trail when it recently partnered with Verizon Media to launch an online grocery service for Yahoo Mail users. The service allows consumers to fill their Walmart…
by - August 23, 2020 5:13 pm
Walmart Inc. and Tribeca Film Festival will partner to host the Walmart Drive-in, a series of free drive-in movie screenings across the country. The retail giant announced the initiative on…
by - August 22, 2020 9:51 am
It’s a long way from Grand Teton to Bentonville, but news about good-for-you food travels fast. That’s how Kate Schade, a skier and outdoor enthusiast, got her all-natural energy bars…
by - August 21, 2020 3:51 pm
Several retail analysts raised their target price estimates for Walmart shares following stellar second-quarter results and in spite of some cautionary sentiment from the retail giant, who gave no earnings…
by - August 20, 2020 10:27 am
Walmart Inc. confirmed a sizable layoff of corporate employees the last week of July, despite posting record sales during the pandemic. The scale of the layoffs is unknown, but it’s…
by - August 18, 2020 12:09 pm
The National Retail Federation reported retail sales rose 2.7% in July from a year ago. Sales were 1.2% better than June but economists worry about declining sales beginning in August…
by - August 18, 2020 9:31 am
Walmart’s second-quarter net income blew past analyst expectations with results fueled by a 97% increase in e-commerce sales and U.S. comp sales growth of 9.3%. Walmart’s adjusted earnings per share…
by - August 17, 2020 4:24 pm
Rogers-based America’s Car-Mart Inc. beat earnings and revenue expectations in the first quarter of fiscal 2021 as net income and revenue rose from the same quarter in 2019. Analysts had…
by - August 13, 2020 3:51 pm
Walmart has been deemed a winner in challenges caused by COVID-19. While analysts largely remain bullish on the Bentonville-based retailer, they also expect slightly lower net income for the second…
by - August 13, 2020 2:25 pm
Walmart will continue having corporate office employees working remotely through Jan. 31, 2021. The retail giant just marked 20 weeks of remote working amid the COVID-19 pandemic and said it…
by - August 13, 2020 1:54 pm
With the COVID-19 global pandemic, more retail sales are occurring online as consumers stay in their homes. A recent report by legal software firm LexisNexis Risk Solutions found that the…
by - August 12, 2020 12:28 pm
Retailers are importing less merchandise this year and the annual decline is estimated at 9.4%, the lowest volume since 2016, according to the National Retail Federation. The trade group estimates…
by - August 12, 2020 12:15 pm
Off-price retailer Stein Mart is the latest casualty of the COVID-19 crisis as the Jacksonville, Fla.,-based company files Chapter 11 bankruptcy. Stein Mart plans to close most, if not all…
by - August 11, 2020 5:17 pm
Walmart has agreed to settle a class action lawsuit filed in U.S. Southern District of Florida in early 2019 that alleged Walmart advertised deceptive unit prices for weighted goods such…
by - August 11, 2020 5:14 pm
Walmart is partnering with San Fransisco-based Instacart for grocery and general merchandise delivery in Tulsa, Okla., and the California cities of Los Angeles, San Francisco and San Diego. The same-day…
by - August 10, 2020 3:43 pm
Rogers-based America’s Car-Mart is expected to report a decline in earnings per share and revenue in the first quarter of fiscal 2021, which ended July 31. The buy here, pay…
by - August 10, 2020 1:16 pm
Sean Slovenski, senior vice president of health and wellness at Walmart U.S., is exiting the company after just two years. His departure was recently announced in a internal memo from…
by - August 9, 2020 12:04 pm
In July 2019, the growth potential of Fayetteville-based restaurant chain Slim Chickens attracted an investment from 10 Point Capital, an Atlanta-based private equity firm. The capital is expected to help…
by - August 8, 2020 9:48 am
The back-to-school shopping season is underway, but families are still undecided or unsure whether their kids will return to classrooms this year or continue with virtual education as the COVID-19…
by - August 4, 2020 6:47 pm
Little Rock-based Staley Technologies, a nationwide technology solutions provider, announced a strategic partnership with CIMA, a global cash handling product manufacturer, that will provide innovative smart cash handling solutions and…
