by - June 27, 2024 7:35 am
Springdale-based Tyson Foods continues to grow its higher-margin value-added business by introducing food innovation from concept to retail launch in its Discovery Innovation Center. The company’s goal is to bring…
by - June 16, 2024 9:43 am
Last October, Walmart announced the phase-out of its Decision Support System (DSS) app in the Retail Link portal it shares with suppliers. The portal allows suppliers to track their online…
by - June 13, 2024 11:14 am
Walmart has a long history with private brands, offering over 29,000 products in 20 categories since 1983. Among these is the Ol’ Roy dog food brand, named after Sam Walton’s…
by - June 2, 2024 8:28 am
Parallel shifts in retail commerce over recent years have been driven by global events and the rapid emergence of technology that is transforming the way retailers operate and customers shop….
by - May 29, 2024 2:29 pm
According to industry data, the retail industry has an estimated $380 billion annually from overstocks, out-of-stocks and other inventory challenges that result in lost sales or deep discounts for suppliers…
by - May 19, 2024 10:44 am
Recent surveys on buy now, pay later (BNPL) indicate that the deferred payment form is expected to surge in the next few years. BNPL drew widespread adoption during the COVID-19…
by - May 13, 2024 10:16 am
Self-checkout is nothing new in retail. It first appeared more than three decades ago in Kroger and is now in more than 95% of retailers, according to the Food Industry…
by - May 5, 2024 11:32 am
According to market research firm eMarketer, U.S. digital grocery sales will grow 11.5% to reach $204.61 billion this year. And there’s still room for growth, as digital grocery will represent…
by - April 21, 2024 10:21 am
U.S.-based fintech Bread Financial found that half of middle-class consumers are spending more than last year because of inflation. The financial services firm conducted surveys between October and December 2023…
by - April 13, 2024 9:18 am
According to GlobalData, the U.S. secondhand apparel market grew 11%, or seven times faster than the broader retail apparel market, to $43 billion last year. The report estimates that resale…
by - April 6, 2024 8:54 am
Consumers continue to spend on discretionary items at off-price retailers like Burlington, Ross Stores and TJX banners such as T.J. Maxx, Marshalls and HomeGoods. The off-price retailers are outperforming department…
by - April 1, 2024 1:26 pm
In his memoir, Walmart founder Sam Walton noted that the customer was the most important person in the business. He spent hours each week walking around his stores, talking to…
by - March 24, 2024 9:38 am
Five years ago, omnichannel — multiple methods to reach consumers — was a retailer’s choice. Still, following a pandemic that changed the landscape for many economic sectors, the hybrid shopping…
by - March 10, 2024 10:41 am
Located in Bentonville, Product Connections is a stone’s throw from Walmart’s new corporate campus, which is under construction. There, the full-service marketing firm uses technology to create in-store promotions, demo…
by - March 3, 2024 9:39 am
The Barcode Group in Bentonville has integrated six retail industry businesses under one brand. Portu Sunberg, Belmont Partners, Infinity Worlds, Retell, Avenue C, and Tana now make up The Barcode…
by - February 24, 2024 10:11 am
With retailers working to reduce theft in stores, the problem continues to grow in the supply chain as cargo thefts escalated 57% last year, according to CargoNet, a subsidiary of…
by - February 18, 2024 9:18 am
With more than 4,700 retail U.S. stores, Walmart has 139 million customers each week in stores and online. Walmart is leveraging its scale to entice advertisers who can bundle in-store…
by - February 11, 2024 9:14 am
There is no such thing as free retail returns for online orders. The retailer or online seller often absorbs the costs. For example, Amazon Prime members get free returns with…
by - February 8, 2024 8:05 am
More consumers are returning to grocery stores to make food purchases, with total U.S. e-commerce grocery sales down 2% in 2023 from the prior year. Order frequency and total ticket…
by - January 27, 2024 9:25 am
Opines, a retail showroom, opened in the Northwest Arkansas Mall in Fayetteville this past August and has been helping suppliers to Walmart and Sam’s Club garner hundreds of authentic reviews…
