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Walmart is the nation’s largest private employer with more than 1.625 million employees. The retail giant boasts about efforts to be an employer of choice for everyone, regardless of race,…
by - April 16, 2024 4:15 pm
With sustained inflationary pressures into early 2024, consensus in the convenience store industry is that the consumer is looking for value with nearly every dollar they spend, according to the…
by - April 15, 2024 9:11 am
Consumer spending on retail goods—excluding automobiles and gasoline—was up 0.36% in March compared with February and 2.72% from a year ago, according to the National Retail Federation data compiled in…
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 10, 2024 5:41 pm
Prices of goods and services were higher than expected in March with the Consumer Price Index (CPI) rising 0.4% for the month and 3.5% higher year over year, according to…
by - April 8, 2024 4:03 pm
Used vehicle prices in the United States declined in March amid strong sales and higher supply levels, economists said. The prices were down by 14.7%, the highest year-over-year decrease since…
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 4, 2024 11:29 am
Cocoa prices recently hit record highs amid global supply concerns. Still, area chocolatiers and candy makers had different opinions about the impacts of lower supplies of the core ingredient used…
by - April 3, 2024 10:04 am
Crisp, the open data retail tech firm headquartered in New York, has hired Dirk Herdes of Rogers as senior vice president of sales and general manager for its growing Northwest…
by - April 2, 2024 4:46 pm
Walmart’s monthly announcement on its marketplace portal states that it has increased the return shipping rate for orders fulfilled by its third-party sellers. The increase took effect on March 20….
by - April 2, 2024 4:33 pm
Jim Walton, 75, and his family, which includes sons Tom and Steuart, ranked No. 18 on the Forbes Billionaire List for 2024 at $78.4 billion. Walton is the youngest son…
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 31, 2024 7:39 pm
The Hot Springs Metro Partnership announced that Amazon is entering into an agreement for a new last-mile facility in Hot Springs. This new facility will be approximately 35,500 square feet…
by - March 27, 2024 5:56 pm
Walmart plans to refile documents for federal antitrust review of its proposed deal to acquire Vizio for $2.3 billion. The Bentonville-based retailer confirmed the planned acquisition on Feb. 20. According…
by - March 26, 2024 4:39 pm
U.S. retailers and merchants reached a settlement over swipe fees with Visa and Mastercard that is expected to reduce swipe fees over the next five years by $29.79 billion. Through…
by - March 26, 2024 4:31 pm
Growth in Northwest Arkansas continues to draw interest from retail and restaurant companies. More than 10 retailers and restaurants sought permits in the first two months of this year, and…
by - March 26, 2024 3:09 pm
According to a news release, LIVSN Designs, a Bentonville-based outdoor apparel company, has launched three new women’s products as part of an expansion supported by a successful fundraising round spearheaded…
by - March 25, 2024 4:12 pm
Consumer spending on goods and services in Benton and Washington counties was flat in January with sales tax revenue in the top four cities totaling $8.734 million, up 0.62% from…
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 23, 2024 12:55 pm
A Federal Trade Commission (FTC) report finds that large food and beverage retailers posted income gains during the height of the pandemic and continue to do so, calling into question…
