Walmart shares were up more than 5 percent in early trading following the release of fiscal 2013 first quarter earnings. The retailer beat Wall Street revenue projections of $110.5 billion by posting an 8.6 percent year-over-year gain to hit $112.27 billion. Profits were up 10 percent over fiscal 2012 first quarter at $3.74 billion.
View Post retail, WalmartAERT reported strong sales for the first quarter, up almost 45 percent year-over-year. The company released earnings today that showed sales hit $21.8 million in the quarter ended March 31, up from $15 million for the same time period in 2011. Springdale-based Advanced Environmental Recycling Technologies has plants in Springdale and Lowell and manufactures building [...]
View Post AERTThe US Department of Human Services and the Affordable Care Act provided Community Clinic with a grant to help renovate and expand their health center in Springdale. Community Clinic providers integrate primary care and dental services. The clinic will receive $500,000 to renovate space and expand their family practice and dental clinics in Springdale. This [...]
View Post health careTelevision viewers in the U.S. have more choices than ever, both in terms of how and where they tune in and in what they watch. In the first of a three-part insight series, Nielsen looked at viewership and advertising across five traditional primetime genres and found that dramas account for the largest share of viewership, [...]
View Post advertising, TVHanna’s Candle Company sold its plant at 2700 S. Armstrong Ave. in Fayetteville, but will continue manufacturing and distribution there. The sale is a strategic way to reduce the size of Hanna’s operations, according to a company news release. Hanna’s has a longterm lease with the new owners for 50 percent of the plant. The [...]
View Post manufacturingWalmart agreed to pay $4.82 million in back wages and damages to more than 4,500 employees nationwide following an investigation by the U.S. Department of Labor’s Wage and Hour Division that found violations of the federal Fair Labor Standards Act’s overtime provisions. Additionally, Wal-Mart will pay $463,815 in civil money penalties. The violations affected current [...]
View Post WalmartMore than two dozen workers at Walmart’s Fayetteville optical lab received pink slips this week. Ashley Hardie, Walmart spokeswoman, said 28 of the approximately 725 employees at the Martin Luther King Boulevard lab were given 90 days notice. “We encourage them to apply for openings within the company,” she said. The cuts were made to [...]
View Post WalmartWalmart today announced the launch of its “Pay with Cash” program for online orders at Walmart.com in the United States. This allows customers to shop at Walmart.com and pay for purchased items with cash at all U.S. Walmart and Neighborhood Markets. Walmart is the first major retailer to offer online purchases without the need for [...]
View Post retail, WalmartA new mattress company filled a long vacant store in Fayetteville. Mattress Firm opened a store at 744 E. Joyce Blvd., site of the former Circuit City. The 20,716-square-foot building has been empty since Circuit City closed it almost three years ago. It was one of 155 stores closed at that time for “under performing.” [...]
View Post retailRogers was named one of the Top 10 Cities for Affordable Vacations by Livability.com, a national website that highlights more than 500 of America’s best places to live. Livability.com editors narrowed down the list of 500 cities to destinations offering both value and and a variety of attractions and entertainment options that appeal to families [...]
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