by - March 31, 2021 11:40 am
Consumers are spending for Easter at a record average of $179.70, according to the National Retail Federation. The annual survey with Prosper Insights & Analytics found 79% of Americans will…
by - March 30, 2021 4:50 pm
Retail giant Walmart said Tuesday (March 30) it would hold its annual shareholder meeting virtually on June 2 at 10:30 a.m. A link to the meeting will be available on…
by - March 29, 2021 5:40 pm
When it comes to sales tax revenue, 2021 has started off strong. The February sales tax report shows that both the city’s share of the 1% Sebastian County sales tax…
by - March 28, 2021 11:49 am
Private brands are essential in retail and warehouse clubs. Costco’s Kirkland Signature brand is worth about $75 billion, arguably one of the largest private labels in the country in terms…
by - March 25, 2021 3:48 pm
Walmart is still king of the hill in terms of being the largest global retailer by revenue and impact on retail around the world. Kantar released its annual ranking of…
by - March 25, 2021 3:09 pm
French retailer Carrefour will acquire Grupo BIG Brasil from Advent International and Walmart who still own a small interest in the retail business. The deal is valued at $1.26 billion…
by - March 25, 2021 11:08 am
Walmart President and CEO Doug McMillon recently revealed a new “flywheel” model to the investment community, saying it’s the old productivity loop with the customer at the center but with…
by - March 24, 2021 5:39 pm
The four largest cities in Northwest Arkansas report a 18.14% jump in sales tax revenue on January sales. Cumulative revenue rose to $6.705 million in the March report, the strongest…
by - March 23, 2021 1:58 pm
Walmart said Tuesday (March 23) the application process for Open Call is open through April 30 for entrepreneurs and companies to pitch their products at the virtual event slated for June…
by - March 20, 2021 9:49 am
Rogers-based America’s Car-Mart Inc. announced Friday (March 19) the appointment of marketing and digital expert Dawn Morris to its board of directors, effective April 1. Morris will fill the vacancy…
by - March 18, 2021 4:54 pm
The Market Place Shopping Center at 11121 North Rodney Parham Road in Little Rock has changed hands in a $12.6 million deal. The buyer of the property is Market Place…
by - March 17, 2021 2:47 pm
The COVID-19 pandemic shifted how consumers spent money as they ordered everything from office furniture to weekly groceries online. Adobe reports the pandemic boosted e-commerce sales $183 billion, with U.S….
by - March 16, 2021 4:26 pm
Walmart said this week it plans to invest $400.06 million into its Canadian business to refurbish roughly 60% of its stores in 2021. The retail giant said that is the…
by - March 16, 2021 3:25 pm
Retail sales declined 3% in February as winter weather blanketed much of the nation. The month-over-month dip came on the heels of a robust 7.6% increase in January, according to…
by - March 15, 2021 2:24 pm
Walmart has invested $153 million for a 0.9% stake in Japanese tech giant Rakuten in an effort to boost its presence in Japan and globally. Rakuten operates more than 70 technology…
by - March 14, 2021 1:17 pm
Tusk Private Investment, a private investment firm with offices in Dallas and Northwest Arkansas, led a $1 million capital raise from investors to support Fayetteville startup Natural Way Food Group….
by - March 13, 2021 9:42 am
FFO Home stores in Siloam Springs and Fort Smith have been acquired by Ohio-based American Freight and re-branded as American Freight Furniture, Mattress, Appliance stores. Financial terms of the deal…
by - March 12, 2021 4:51 pm
Walmart CEO Doug McMillon signed an agreement to begin selling 233,000 of his Walmart share holdings to diversify his assets. The transactions will take place monthly beginning in April and…
by - March 11, 2021 12:35 pm
Consumers are fickle and demanding when it comes to their e-commerce shopping experiences, according to a pair of recent surveys by marketing group Coveo, and commerce automation platform Linnworks. The…
by - March 10, 2021 10:05 am
This past May, as much of the nation was gripped by growing racial and social justice concerns ignited by the murders of George Floyd and others, Marcus Baskerville felt called…
