by - May 2, 2023 5:49 pm
Lower retail fuel margins dented revenue and profits for Murphy USA, but the first quarter was still a strong one for the El Dorado-based convenience store operator. Murphy USA reported…
by - May 2, 2023 12:19 pm
Off-price retailer Tuesday Morning is closing all stores and shuttering its business following its second Chapter 11 bankruptcy filing in three years. The liquidation of all merchandise has begun in…
by - April 29, 2023 9:59 am
The pet business is a competitive one. And the $65 billion pet services market is drawing the attention of more non-pet retailers as a way to increase revenue streams as…
by - April 28, 2023 10:07 am
More than a handful of new eateries and retail establishments have scoped out new locations in Northwest Arkansas despite a rise in bankruptcies and uncertainty in the retail sector. The…
by - April 21, 2023 4:43 pm
Walmart is selling its third e-tailer brand this year. The Bentonville-based retail giant is selling the online plus-size apparel brand Eloquii to FullBeauty Brands for an undisclosed figure. Walmart continues…
by - April 20, 2023 6:29 pm
Walmart’s top six executives earned a cumulative $123.116 million for the fiscal year that ended Feb. 1, up 54% compared with the previous fiscal year. That figure included $2.029 million…
by - April 20, 2023 2:40 pm
Bentonville-based outdoor apparel company LIVSN Designs will launch a new jacket via Kickstarter starting April 25. The 30-day crowdfunding campaign will feature the company’s Century Jacket, which comprises all-natural materials,…
by - April 19, 2023 5:36 pm
Jason Morris, a senior vice president of Walmart’s global technology division, has been hired as the chief technology and information officer at Nordstrom, effective May. 1. Morris will succeed Edmond…
by - April 19, 2023 5:17 pm
More than 200 people who work in the retail supply chain gathered in Bentonville on Wednesday (April 19) for the 2023 Supply Chain Trends and Expo event to discuss the…
by - April 18, 2023 12:16 pm
Walmart will soon use its first compressed natural gas engine in its private trucking fleet as the retailer works toward zero emissions in its massive transportation operations by 2040. Cummins…
by - April 18, 2023 12:06 pm
Walmart has returned to the debt market to raise about $5 billion in capital that will be used for general purposes, the company said. The retail giant is selling notes…
by - April 17, 2023 5:19 pm
Walmart will sell the upscale men’s fashion retailer Bonobos for a reported $75 million to Express Inc. and brand management firm WHP Global, as it continues to unwind the online…
by - April 16, 2023 3:11 pm
U.S. retail sales were down 1% from February, but up 2.9% year over year, according to the U.S. Census Bureau. Sales slid more than the consensus estimate on a month-over-month…
by - April 14, 2023 1:13 pm
Charles Redfield, chief merchandising officer and 32-year employee at Walmart, is leaving the retailer in May, according to an internal email sent Friday (April 14). He will transition into an…
by - April 13, 2023 2:10 pm
The Scott Family Amazeum recently announced the honorary chairman of its sixth annual fundraiser is Sam’s Club CEO Kath McLay. The UnGala fundraiser will take place from 6 to 10…
by - April 12, 2023 12:33 pm
The pace of inflation hit its lowest level since late 2021, but overall inflation remains high as core inflation – excluding food and fuel – ticked up 0.1% in March…
by - April 12, 2023 9:26 am
Used vehicle prices are expected to be higher this year because of low inventory, automotive economists said. However, the rise in prices so far this year could lead to price…
by - April 11, 2023 3:00 pm
The future for social media platform TikTok may be cloudy, but that has not kept Walmart and Amazon from seeking to grow their brands via influencers and content creators on…
by - April 11, 2023 11:37 am
Walmart has hired Denise Malloy as the company’s new chief belonging officer. She will begin in the job on April 14 and succeeds Ben Hasan, who was the retailer’s chief…
by - April 11, 2023 10:49 am
GEN Z, a Bentonville startup that launched a water brand with a unique bottle design, recently was sold to Industry, Calif.-based Langers Juice Co. Financial terms of the deal were…
