by - February 29, 2020 9:41 am
The National Retail Federation (NRF) recently teamed with data science leader IBM to study global consumer shopping trends, which the researchers said have fundamentally changed. The biggest change to shopping…
by - February 22, 2020 10:20 am
Editor’s note: Since this story was originally published in the Feb. 17 issue of the Northwest Arkansas Business Journal, Walmart reported fourth-quarter and fiscal 2020 earnings. In the quarter ending…
by - February 15, 2020 11:17 am
Artificial intelligence (AI), otherwise known as machine learning, is slowly reshaping retail from optimizing back-end supply chain operations to in-store execution. It is also impacting marketing, customer service engagement and…
by - February 8, 2020 10:35 am
Direct-to-consumer brand SmileDirectClub is spreading its wings with a recent deal that puts oral care products in 3,800 U.S. Walmart stores. The Nashville, Tenn.-based company approached Walmart about a year…
by - February 5, 2020 1:40 pm
Nielsen Brandbank is partnering with Springdale-based WhyteSpyder’s SKU Ninja service to provide retailers and brands more insights and richer content creation aimed at increasing online sales. The partners announced the…
by - February 3, 2020 12:59 pm
One of the most surprising retail trends of 2019 included more digitally native brands seeking brick-and-mortar exposure, according to Scott Benedict, director at the Center for Retail Studies at Texas…
by - January 26, 2020 5:24 pm
Industry analysts expect several changes for the consumer packaged goods industry in 2020. Top predictions include increased demand for pet products, further integration of the in-store and online shopping experiences…
by - January 19, 2020 11:56 am
With the increase in online purchases and the shorter holiday shopping season in 2019, the United Parcel Service estimates it will ship more than 1 million packages per day back…
by - January 16, 2020 10:15 am
The retail sector will continue to face headwinds in 2020. The National Retail Federation (NRF), with the help of its members and researchers from Bain Capital, TrendWatching, Code Commerce and…
by - December 30, 2019 11:42 am
Through the first 49 weeks of the year, U.S. retailers have announced more than 9,271 store closures, nearly double the amount recorded in 2018. There is no sign when the…
by - December 28, 2019 10:38 am
One of the fastest-growing retail segments — convenience stores — reports strong business conditions with a positive outlook for 2020, according to the recent CSP Outlook Survey. The trade group…
by - December 19, 2019 1:16 pm
Consumers across the country have largely kept their household finances in sound shape over the past few years. But as more retailers entice large ticket purchases with pay-later plans, economists…
by - December 8, 2019 2:02 pm
Amazon continues to beat its major online competitors in the low-price game, according to a recent pricing study by Boston-based e-commerce analytics firm Profitero. Walmart may claim to be to…
by - November 26, 2019 2:36 pm
John Furner, the relatively new CEO of Walmart U.S., is a Walmart lifer at 45 years old. He has logged 26 years at the retail giant, working his way up…
by - November 23, 2019 11:06 am
Walmart’s investment in online grocery has been significant. The retail giant has not disclosed the exact dollar investment, but it is believed to be in the billions given the scale…
by - November 20, 2019 3:42 pm
From the earliest days of commerce — where folks in the Old West paid upfront or got shot — to the nostalgic days of Main Street with the likes of…
by - November 9, 2019 10:58 am
A business major, an engineer and a sales marketer rolled the dice with a new outdoor game they invented while dreaming up a way to make extra money. Two years…
by - October 24, 2019 1:33 pm
Walmart will be a go-to retailer for a majority of consumers this holiday season, according to new research from Fayetteville-based Field Agent. The data research firm found Walmart was among…
by - October 12, 2019 9:51 am
Online marketplaces are growing as more consumers become comfortable making purchases online. Confidence has grown over the past few years in step with Amazon Prime memberships surpassing 100 million U.S….
by - September 29, 2019 2:21 pm
Fresh is the name of the retail game for brick-and-mortar players like Walmart. It’s one area Walmart U.S. CEO Greg Foran has focused for the past three years. But there…
