by - January 17, 2014 11:19 am
TargetExpress coming to Minnesota
Wal-Mart Stores is not the only retailer looking to win favor with the college-age consumers. It appears Target is planning its first TargetExpress store slated to open in July on…
The Supply Side
by - January 16, 2014 10:36 am
J.C. Penney to close 33 store, none in Arkansas
Retailer J.C. Penney announced plans to close 33 underperforming stores seeking $65 million in cost savings this year, while also eliminating about 2,000 jobs by May. The retailer released the…
by - January 15, 2014 9:38 pm
General Mills helps six local charities with $240,000 in grants
Northwest Arkansas is often considered the land of plenty, but local charities like the Samaritan Community Center, the Jones Center for Families or the Boys and Girls Clubs of Benton…
by - January 15, 2014 11:29 am
Retail retirement briefs: PetsSmart, Jewel-Osco execs depart
• PetSmart's O'Leary to retire PetSmart Inc. announced changes to its management team and organizational structure in conjunction with the retirement of Joseph O’Leary, president and chief operating officer. These…
by - January 13, 2014 8:28 am
Study shows 26% curbed holiday spending, despite stable outlook
A recent survey report released by Bankrate.com revealed slight more than one in four Americans (26%) spent less than they expected during the holiday shopping season. Only 14% of Americans…
by - January 12, 2014 8:32 pm
Bill Simon appointed to NRF board
On Sunday, (Jan. 12) the National Retail Federation announced the election of six new members to its board of directors as retailers from around the globe gathered in New York…
by - January 9, 2014 3:36 pm
Retail-related briefs: Management promotions, exits, layoffs
• Barnes & Noble names new CEO Barnes & Noble Inc. promotes Michael Huseby to be its next CEO. This management change was announced by the board of directors today,…
by - January 9, 2014 3:01 pm
National Retail Federation supports “fast-track” trade pact authority
The National Retail Federation said it has called on the U.S. Congress to quickly approve a “trade promotion authority” bill that would speed consideration of trade agreements brought to them…
by - January 8, 2014 10:43 pm
Costco’s Jim Sinegal to accept top award from NRF
The National Retail Federation announced Jim Sinegal, co-founder of Costco, as its choice for this year’s gold medal honor. The award will be presented at the annual convention to be…
by - January 8, 2014 9:40 pm
Wal-Mart slow to roll out new replenishment system
Replenishment is key to driving improved sales for suppliers of Wal-Mart Stores Inc., and while the retail giant has invested heavily in a new system for replenishment and inventory control,…
by - January 6, 2014 10:26 am
Whole Foods commits $15 million to ‘local food’
The local food movement continues to pick up steam with help from retailers like Whole Foods, who recently pledged another $15 million in low interest loans to local food producers….
by - December 30, 2013 6:21 pm
Cal-Maine reports stronger profits
Cal-Maine Foods, the largest egg distributor in the U.S. announced an 8% increase in net sales for its second quarter ended Nov. 30. Cal-Maine owns Benton County Egg company located…
by - December 30, 2013 12:54 pm
The Supply Side briefs: Confection companies shake-up holdings
A number of companies that create sugary confections recently announced they are mixing up their brand holdings as 2013 winds to a close. Godiva, DeMet,and Snackwell are among the brands…
by - December 19, 2013 5:42 pm
Packaged food suppliers combat slow growth, debt
With groceries comprising in excess of 55% of Wal-Mart’s total annual sales, the financial health of those product suppliers who operate offices in Northwest Arkansas are important to the region’s…
by - December 17, 2013 10:23 am
Supply Side briefs: ConAgra honored, Kellogg tweaks products
• ConAgra garners top award ConAgra Foods Inc. recently claimed Food Processing Magazine’s top annual award, “Processor the Year 2013.” The diverse consumer product company has undergone several transformations during…
by - December 16, 2013 8:29 pm
Judge approved card swipe deal, retailers unhappy
A federal judge recently approved a settlement of an antitrust lawsuit over credit card swipe fees, dismissing objections from National Retail Federation and thousands of others as “needless hyperbole” and…
by - December 16, 2013 10:02 am
‘Save Your Do’ pushes healthier lifestyles
Obesity is a growing health epidemic in the U.S., and according to federal statistics roughly four out of five African American women are overweight or obese. One of the biggest…
by - December 13, 2013 12:19 pm
J.C. Penney to eliminate some brands
After two years of declining sales, the Plano, Texas-based department store chain is eliminating or trimming some high-profile brands introduced by former CEO Ron Johnson. CEO Mike Ullman told Reuters…
by - December 12, 2013 12:36 am
The Supply Side: Pinnacle Foods, petcare and a new website
• Stock offering priced at Pinnacle Foods Pinnacle Foods Inc. announced the pricing of the secondary offering of 17 million shares of its common stock to be sold by certain…
by - December 10, 2013 9:12 am
Cheesewright to head up Walmart International
Two weeks after Wal-Mart Stores Inc. chose Doug McMillon to be the next CEO beginning Feb. 1, the retail giant has tagged David Cheesewright as president and CEO of the…