Walmart Transportation recognized 11 trucking and transportation partners as Carriers of the Year. Walmart awards the designation each year to companies who provide logistical support to the retailer’s stores, Sam’s Club locations and distribution facilities. The Walmart Carriers of the Year, for services provided during 2012 are: General Merchandise Gold* — Tango Transport General Merchandise [...]
View PostWalmart announced today plans to build a new supercenter in Springdale. The new 180,000-square-foot store will be just off the Interstate 540 and Elm Springs Road intersection. Walmart states in a press release it will bring an estimated 300 new jobs to the area. Walmart and Springdale city officials scheduled a new conference for Thursday [...]
View PostWalmart is giving customers fuel discounts when using store cards starting Friday and running through Christmas Eve. Duncan Mac Naughton, chief merchandising and marking officer for Walmart U.S., said customers using a Walmart gift card will receive a 10 cent per gallon discount and those using a Walmart MoneyCard or Walmart credit card will save [...]
View PostWalmart will offer Christmas layaway for 90 days this year and offer the program on more products. Duncan Mac Naughton, chief merchandising and marketing officer, announced this morning layaway will be available nationwide Sept. 16 through Dec. 14. Layaway was offered for 60 days when it was reintroduced last year after a five-year absence. “Customers [...]
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Miranda Lambert in concert at the Arkansas Music Pavilion. All photos by KEVIN KINDER, NWA Media.
View PostWalmart Supercenter wins the pricing battle over Amazon and Walmart.com, according to a recently published study by Kantar Retail. Kantar Retail examined how a Walmart Supercenter basket contends with its online equivalent, Walmart.com, and its key online competitor, Amazon. The study evaluated how competitive these baskets are on price, while examining how the retailers develop [...]
View PostShareholders elected all of Walmart’s directors at Fridays annual meeting. The company’s proposal to re-elect 14 directors and elect one new director drew opposition from several large shareholder groups, including the New York City Pension Fund and the California Public Employees’ Retirement System. These groups asked fellow shareholders not to re-elect some of the board [...]
View PostThe University of Arkansas RFID Research Center is moving into a new home of its own. The facility at 1637 Fred Hanna Drive in Fayetteville will be the third location for the research center since it was founded in 2005 as part of the Information Technology Research Institute in the Sam M. Walton College of [...]
View PostWalmart 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 PostLate Monday night, Walmart confirmed what we learned yesterday, thanks to a comment by a reader: Carrie Underwood (May 29) and Aerosmith (May 30) will perform in Bud Walton Arena as a precursor to the company’s annual Shareholders’ meeting. Tickets (rather quietly) went up on Ticketmaster late Sunday night and were available to associates for free. Several who went through the process informed me the ticket-getting procedure was quick and painless, if you were an associate in the know. As a result, Walmart tells me all tickets for the shows have been claimed and, unlike in years past, the public can’t expect to wait outside Bud Walton and gain access to these concerts
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