Following the retail supplier community
More than 20 years after the death of Sam Walton, nearly 1,300 suppliers have set up offices within a 27-mile radius of Wal-Mart’s home office in Bentonville.
The supplier community provides roughly 5,800 high-income jobs and brings further socio-economic development and cultural diversity to the region.
Having the supplier offices in Northwest Arkansas is one of the catalysts that buoys income levels and home prices higher than in surrounding counties. This sector also creates a critical mass of top talent from a vast array of industries related to products, services and supply-chain logistics. Not only does this sector support Wal-Mart, but many of the suppliers in Northwest Arkansas also do business with other large national and regional retail companies.
Talk Business & Politics, through the sponsorship of Propak, intends to enhance its coverage of this important economic sector. (Please submit your story tips, ideas and feedback here)
by - September 23, 2020 1:08 pm
Two Northwest Arkansas companies have formed a partnership to offer products and services for suppliers who do business with Walmart Inc. SupplyPike Inc., a tech company based in Fayetteville, and…
by - September 19, 2020 9:48 am
Stepping up in times of need is nothing new for Walmart alcohol supplier Sazerac, which for more than 150 years has worked to raise American spirits. CEO Mark Brown said…
by - September 12, 2020 8:59 am
Walmart is not known for its apparel business. Despite the ups and downs in the discretionary category, the retail giant is committed to growing sales, according to Deanah Baker, senior…
by - September 5, 2020 9:02 am
Food retailers and manufacturers are having a banner sales year, with consumers eating fewer meals away from home. But much of the increased spending from mid-March through July was based…
by - September 4, 2020 2:59 pm
This week Walmart told its more than 100,000 suppliers about its new Supplier Quality Excellence Program (SQEP) which will measure suppliers on four areas as part of an effort to…
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 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 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 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 - July 18, 2020 10:12 am
Jennifer Cummins grew up on a dairy farm in Twin Falls, Idaho, and earned a law degree from the University of the Pacific in California. Her love for the farming…
by - July 16, 2020 4:21 pm
The retail supply chain has seen dramatic shocks amid the COVID-19 outbreak. Two of the largest logistics and transportation companies in Northwest Arkansas said technology innovation investments had helped better…
by - July 5, 2020 3:30 pm
This is year eight in Walmart’s decade-long commitment to source an additional $250 billion in products made in the U.S., but COVID-19 prompted the retail giant to postpone this year’s…
by - June 27, 2020 10:12 am
When 2020 goes into the history books, retail analysts say it will be a year like no other. The year began with a robust forecast by the National Retail Federation…
by - June 18, 2020 2:03 pm
Two of three consumers who shop online said they would stop buying from retailers if their accounts were compromised and more than half (54%) would delete their accounts. The results…
by - June 13, 2020 10:48 am
Who knew adult bicycles would be one of the hottest selling items as consumers look for ways to entertain themselves amid the COVID-19 pandemic? Arnold Kamler, CEO of New Jersey-based…
by - June 4, 2020 4:22 pm
According to data from market research firm IRI, consumer behaviors have shifted in the past few weeks amid COVID-19 (coronavirus). Consumers are buying more private brands than usual, making more…
by - May 30, 2020 10:47 am
The financial impact from the COVID-19 (coronavirus) pandemic has hit the retail segment hard as thousands of stores were temporarily closed and millions of employees were furloughed and told to…
by - May 17, 2020 10:46 am
Manufacturers of cereal, snacks and packaged foods have been playing catch-up the past six to eight weeks as consumers have hunkered down at home amid concerns of COVID-19 that closed…
by - May 14, 2020 10:30 am
Retailers and malls across the country, outside of grocery and restaurant takeout, have mostly been closed since March as COVID-19 spread. The National Retail Federation (NRF) and Retail Industry Leaders…
by - May 2, 2020 9:50 am
Alcoholic beverage sales shot up in March as stay-at-home orders were issued, and many bars and restaurants had to close for dine-in service to enforce social distancing measures. That sent…
