by - January 11, 2019 11:11 am
Robust consumer spending at retail during the 2018 holiday season resulted in the best December same-store sales growth (2%) the restaurant industry has seen since August 2015, according to Dallas-based…
by - January 10, 2019 2:02 pm
The used car industry might be negatively impacted by the government shutdown, tax reform and whether 2019 tax filers made the appropriate adjustments to their 2018 withholdings as used vehicle…
by - January 10, 2019 12:43 pm
Target CEO Brian Cornell announced Thursday, (Jan. 10) several key promotions in the company’s leadership team. Cornell said Cathy Smith, chief financial officer, is retiring from that position and will…
by - January 9, 2019 3:38 pm
Consumers across the U.S. rank Trader Joe’s, Costco and Amazon as the top grocery retailers according to the dunnhumby Retailer Preference Index released this week. The nationwide study examined the…
by - January 8, 2019 2:39 pm
Returns are part of the retail business as consumers often change their minds after making a purchase. In 2018, the value of returned merchandise in the U.S. totaled nearly $369…
by - January 8, 2019 11:06 am
Dollar Tree is mulling the possibility of divesting its Family Dollar business under pressure from activist investor Starboard Equity LP, which owns 1.7% of Dollar Tree’s outstanding shares. Starboard urged…
by - January 4, 2019 2:45 pm
The retail sector was strong throughout the holidays behind robust consumer spending. The National Retail Federation (NRF) reported Friday (Jan. 4) the sector added 37,600 jobs in December compared to…
by - January 3, 2019 3:41 pm
In early 2019, consumers across Northwest Arkansas will be among the first in the country to eliminate clunky coin change using digital piggybank software developed by Bucket Technologies. Bringing the…
by - January 1, 2019 1:34 pm
Italy-based Colavita, a longtime Walmart food supplier, embraces the challenges of balancing online commerce and subscription-based meal kits with expanding its brick-and-mortar presence. It’s not often a family-owned business based…
by - December 31, 2018 12:23 pm
Rich Grubbs is “like a kid with a new toy” when he talks about the possibilities of North Walton Boulevard in Bentonville. Grubbs, owner of Arkansas Commercial Real Estate, believes…
by - December 28, 2018 12:38 pm
When retail giant Walmart invested $16 billion into a majority stake of Indian e-commerce platform and logistics arm, Flipkart, it was the most expensive acquisition in the company’s 56-year history….
by - December 27, 2018 8:32 pm
Alex Blass, principal of real estate company Cushman & Wakefield/Sage Partners in Rogers, will be able to watch from his eighth-floor office window in Hunt Tower as a nearby 27-acre…
by - December 27, 2018 8:24 pm
The most expensive part of e-commerce delivery lies in the so-called “final mile” to the customer. Amazon spends about $7.5 billion annually on shipping costs for its 54 million Prime…
by - December 21, 2018 9:47 am
A $500,000 deal in Cave Springs is paving the way for a Casey’s General Store development. The Ankeny, Iowa-based company bought a 1.9-acre commercial lot at the corner of highways…
by - December 20, 2018 9:56 am
It’s been a sweet year for Luke and Alisha Hall. The Fayetteville couple has purchased two small retail shops this year — Bradley’s Donuts at 56 Yukon Way in Farmington…
by - December 18, 2018 1:41 pm
Consumers today do care about how products are made and the ingredients or raw materials they contain. Nielsen anticipates the demands will likely push the U.S. sustainability market to $150…
by - December 18, 2018 11:19 am
Kroger announced Tuesday (Dec. 18) J. Michael Schlotman, its chief financial officer for the past 18 years, is retiring effective April 3. He will be succeeded by Gary Millerchip, who…
by - December 17, 2018 3:18 pm
Fayetteville-based clothing startup LIVSN Designs has started to produce its wool fleece and canvas pants after 511 people supported a crowdfunded Kickstarter campaign, netting $78,579 and exceeding the amount required…
by - December 17, 2018 3:08 pm
Springdale-based MarketPlace Grill, a locally-owned casual dining restaurant which has two Arkansas locations in Springdale and Conway, has merged with a restaurant group from Texas. Financial terms of the deal…
by - December 15, 2018 11:22 am
Jay Jorgensen, global chief ethics and compliance officer for Walmart Inc. since 2012, is leaving the company effective Jan. 31. Daniel Trujillo, who has served as senior vice president and…
