by - January 21, 2021 4:07 pm
The four biggest cities in Northwest Arkansas reported a cumulative 12.28% gain in sales tax revenue in the January reports. Revenue totaled $7.032 million, compared to $6.263 million reported a…
by - January 20, 2021 3:49 pm
Denver-based Western Union has struck a deal with Bentonville-based Walmart to offer money transfer services alongside competitor Money Gram, which manages Walmart’s transfer services. Western Union said the move inside…
by - January 20, 2021 8:03 am
Murphy USA recorded a fourth quarter boost in net income that added to the company’s yearly bottom line. The El Dorado-based convenience store chain reported $61 million in 2020 fourth…
by - January 19, 2021 3:39 pm
Consumers spent more during the holidays – especially with online sales – than analysts and experts expected despite the ongoing pandemic, according to the National Retail Federation. The trade group…
by - January 19, 2021 10:04 am
Retail market watchers expect 2021 to be a year of recovery, but they also agree the pain will continue for some amid dozens of bankruptcies and a plethora of store…
by - January 18, 2021 2:05 pm
This year’s Talk Business & Politics annual State of the State executive roundtable participants are ready for a new start in 2021. AT&T Arkansas President and Arkansas State Chamber chairman…
by - January 18, 2021 11:54 am
Retailers have had a tumultuous year because of COVID-19 and a recession that has challenged consumers and supply chains to levels not seen before. National Retail Federation CEO Matthew Shay…
by - January 15, 2021 2:13 pm
In a recent report, real estate data tracker CoStar said 40 major retailers declared bankruptcy in 2020, and more than 11,000 store closures were announced. There were 9,300 store closures…
by - January 15, 2021 12:33 pm
Marc Lore, who joined Walmart in September 2016 as CEO of Walmart U.S. e-Commerce with the retail giant’s $3.3 billion acquisition of Jet.com, is leaving his post at the end…
by - January 14, 2021 2:55 pm
Specialty apparel retailer Christopher & Banks that caters to women ages 40 to 60 has filed Chapter 11 bankruptcy in the District of New Jersey. The company said it expects…
by - January 12, 2021 2:23 pm
EasyBins, an online grocery startup based in Springdale, hired its first chief operating officer in December. James E. Purnell has more than 15 years of experience in retail and operations….
by - January 12, 2021 11:59 am
Walmart announced Tuesday (Jan. 12) a new pilot with HomeValet for grocery customers in Bentonville. This spring the pilot will go live and consumers can log on and reserve their…
by - January 11, 2021 4:58 pm
Walmart has thrown its hat into the fintech – technology-focused financial services – ring with a startup in a partnership with Ribbit Capital. The Bentonville-based retail giant said Monday (Jan….
by - January 11, 2021 1:56 pm
Wholesale used vehicle prices declined in December, but economists expect values to rise sharply this spring following the issuance of more stimulus money and tax refunds. The wholesale prices of…
by - January 7, 2021 3:23 pm
Home goods retailer Bed Bath & Beyond continues to rightsize its store count with plans to shutter 200 locations by 2022. The first 43 liquidations are ongoing and include the…
by - January 5, 2021 5:38 pm
The economic challenges from the COVID-19 pandemic will continue in 2021, but the recently approved federal stimulus will help maintain and accelerate the nation’s ongoing recovery, said Jack Kleinhenz, chief…
by - January 5, 2021 1:37 pm
Bruckner Truck Sales of Amarillo, Texas, one of the largest and oldest Mack and Volvo semi truck dealers in the U.S., has expanded to Arkansas with the recent acquisition of…
by - January 5, 2021 11:26 am
Carvana on Tuesday (Jan. 5) opened its $40 million vehicle inspection and distribution center in West Memphis. Gov. Asa Hutchinson, Commerce Secretary Mike Preston, Senator Keith Ingram, West Memphis Mayor…
by - January 4, 2021 1:31 pm
In January, market research firm NPD Group estimated the U.S. market for beauty sales rose $78 million from the prior year. But by March, as consumers began working from home…
by - January 4, 2021 10:36 am
Rogers-based America’s Car-Mart Inc. recently announced it has increased its total permitting borrowings to $326 million, up from $241 million as the buy here, pay here used car dealer uses…
