Tag: retail

Wal-Mart Receives Target Letter

Wal-Mart officials said the company received a letter from the government on Oct. 31 saying that a federal grand jury is investigating the world?s largest retailer for violating immigration laws.

Wal-Mart to Roll Out Sam?s Clubs in Canada

Wal-Mart Canada Corp., a division of Bentonville-based Wal-Mart Stores Inc., opened the first four Sam?s Club warehouse stores in Canada on Oct. 30 and said the warehouse outlets will become a national chain.

Wal-Mart is Largest ?Corporate Cash Giver?

Wal-Mart Stores Inc. has been recognized by Forbes magazine as the ?largest corporate cash giver? in the United States. The magazine cited The Chronicle of Philanthropy?s annual survey based on sales and cash donations for 2002.

Wal-Mart?s Influence Still Staggering

Arkansans now have a choice of 51 Wal-Mart Supercenters where they can register their vehicles and receive license-plate decals right there on the spot (that is, if they have insurance, have paid property taxes and have had their vehicle assessed).

October Sales Up at Melody?s

Steve Melody said on Oct. 22 that his two retail stores in Fayetteville?s Northwest Arkansas Mall would probably see a 7 to 10 percent increase in sales for the entire month of October compared to October 2002.

Wal-Mart?s Seiyu Gets Chilled by Summer

Seiyu Ltd., the Japanese subsidiary of Wal-Mart Stores Inc., said in October that it will have a first-half net loss as slumping sales add to its struggle to integrate its systems with its Bentonville parent.

Benton County Inventors Produce Pet Products

Several Benton County entrepreneurs have come up with pet products to sell to Wal-Mart.

Garrison Rakes in $11.7 Million, But Might Be Underpaid by Comparison

While most people?s salaries are confidential, the compensation for top executives of publicly traded companies must be reported in the annual proxy statement for all shareholders to see.

Luxury Auto Sales Cruise Along: Area Dealers Dig Growth In High-Dollar Segment

Northwest Arkansas is brimming with millionaires. But Benton and Washington County are without a Lexus, Jaguar or Volvo dealership, and the wealthy in search of those wheels have to get them from Little Rock or Tulsa.

Krispy Kreme Zeal is Real

The arrival of Krispy Kreme doughnuts in Northwest Arkansas has been a much anticipated event.

Looking for Lexus

Word is that several large local automobile dealers are fighting to be Northwest Arkansas? Lexus dealer.

Locally Based Firms Had $653.4M in 2002 Revenue

Four of the Top 10 largest automobile dealers in the state are based in Northwest Arkansas or operate satellite offices here, according to a recent report by Arkansas Business.

CDI Heads up I-540

CDI Contractors, a Clark-Dillard company, is establishing a presence in Northwest Arkansas.

40 Under 40: The Class of 2003

The Northwest Arkansas Business Journal presents its 2003 40 Under 40 class of local business and political leaders.

Wal-Mart Names ex-G.E. Exec to Board

Wal-Mart Stores Inc. said on Aug. 14 that it appointed John Opie, 65, a retired vice chairman of General Electric Co., to its board of directors.

Retail Lawyers Submit $558 Million Bill

The lawyers who negotiated a $3 billion debit-card settlement for the nation?s biggest retailers have submitted their bill: $558 million, including expenses.