Tagged: wal-mart stores inc.

Northwest Arkansas Brokers Help Businesses Have Say in Designing the Office

by Marty Cook 3/27/2017 12:00 am

It’s a challenge faced by many companies in today’s business world: finding the best office metrics for its workforce. Companies find that common workspaces are more economically efficient, but amenities such as kitchens, fast Wi-Fi connectivity and natural light are equally advantageous.

Wal-Mart to Invest $800M in Chile

by Reuters 3/22/2017 11:24 am

Wal-Mart Stores Inc.'s Chilean unit will invest $800 million in the country over the next three years and open 55 to 60 new supermarkets, the company said on Wednesday, a significant outlay at a time of slow economic growth.

Wal-Mart Launches Incubator Lab to House Startups

by Anne D'Innocenzio, The Associated Press 3/21/2017 12:54 pm

Wal-Mart is launching an incubator lab focused on projects in robotics, virtual and augmented reality, and artificial intelligence as it aims to compete more aggressively with Amazon.

In E-Commerce Push, Wal-Mart Launches Investor Arm, Store No. 8

by Nandita Bose, Reuters 3/21/2017 8:24 am

Wal-Mart Stores Inc. will launch its first investment arm to expand its e-commerce business in partnership with retail start-ups, venture capitalists and entrepreneurs. The plan is being spearheaded by Marc Lore, Wal-Mart's e-commerce chief, who joined company from Jet.com, which it acquired for more than $3 billion in August.

Wal-Mart Sets Date for Annual Meeting

by Lance Turner 3/20/2017 10:01 am

Wal-Mart Stores Inc. of Bentonville announced today that it will hold its 2017 annual meeting on Friday June 2 at Bud Walton Arena at the University of Arkansas in Fayetteville.

Wal-Mart Buys Online Clothing Seller ModCloth

by Associated Press 3/17/2017 3:21 pm

Wal-Mart has bought trendy clothing seller ModCloth, part of a big push to pick up smaller online brands as it tries to make headway against Amazon.

Asa Hutchinson Signs Bill Expanding Grocery Wine Sales

by Associated Press 3/16/2017 6:54 am

Arkansas' governor has signed into law a measure expanding the types of wine that grocery stores in the state can sell.

Wal-Mart Employees Get Bonuses

by Arkansas Business Staff 3/13/2017 11:29 am

Wal-Mart Stores Inc. announced that 850,000 of its employees in the U.S. — including 8,800 in Little Rock and 20,000 in Arkansas — received a share of $157 million in cash bonuses based on their stores' fourth-quarter performance.

Liquor Stores Ready for Next Front in Alcohol War

by Arkansas Business Staff 3/13/2017 12:00 am

The battle has been lost but not the war. So says Francois Guilloux, managing partner of There Performance Group of Little Rock, a liquor store industry consultancy.

Liquor Stores: Grocery Wine Bill a Death Knell

by Jan Cottingham 3/6/2017 12:00 am

Liquor store owners say a bill to let Wal-Mart and grocery stores sell a larger assortment of wine fundamentally changes their business model and will lead to the closure of hundreds of package stores in the state.

Wine Bill Passes in the House

by Sarah Campbell 3/1/2017 2:54 pm

A proposal in the Arkansas Legislature to allow grocery stores to sell more wines passed in the House on Wednesday, after failing its first vote there on Monday.

Judge Dismisses Suit Against Wal-Mart Linked to Mexico Bribery Allegations

by Associated Press 2/27/2017 4:39 pm

A judge has dismissed a lawsuit that accused Wal-Mart's Mexico operations of misleading shareholders during an alleged bribery scheme.

Wal-Mart Launches New Front in US Price War; Targets Aldi in Grocery Aisle

by Nandita Bose, Reuters 2/27/2017 7:48 am

Wal-Mart Stores Inc, is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and other U.S. rivals like Kroger Co.

Contentious Grocery Store Wine Bill Fails In House

by Sarah Campbell 2/23/2017 3:22 pm

A proposal in the Arkansas Legislature to allow grocery stores to sell more wines failed in the House on Monday, but is expected to be brought up again this session.

Wal-Mart Earnings Fall, But Online Sales, In-Store Traffic Rise

by Anne D'Innocenzio, The Associated Press 2/21/2017 6:50 am

Wal-Mart says fourth-quarter earnings fell nearly 18 percent, hurt by its investments in e-commerce and stores.

Biggest Deals in Arkansas Rise 11 Percent in 2016

by Jan Cottingham 2/20/2017 12:00 am

Both the value and the volume of mergers and acquisitions in Arkansas rose last year, with the value increasing 11 percent to $9.8 billion and the volume rising 10 percent to 92.

Wal-Mart Buys Outdoor Clothes and Gear Seller Moosejaw for $51M

by Anne D'Innocenzio, The Associated Press 2/15/2017 10:10 am

Wal-Mart has acquired the outdoor clothing and gear seller Moosejaw for $51 million as it expands its online offerings.

House Panel Rejects Effort to Collect Online Taxes

by Andrew DeMillo, The Associated Press 2/14/2017 4:14 pm

An effort to collect sales taxes in Arkansas from online retailers has failed before a House committee, days after Amazon announced it would begin collecting taxes on purchases in the state.

Sources: Wal-Mart to Combine Buys for Online, In-Store Inventory

by Nandita Bose, Reuters 2/14/2017 7:37 am

Wal-Mart Stores Inc. will combine its own buying for products sold at its stores with purchases it makes for its website — a significant move to stamp out duplicate efforts as it fights Amazon.

New Bill Would Earmark Amazon Sales Tax for More Cuts

by Ibby Caputo, Arkansas Nonprofit News Network 2/14/2017 6:51 am

Last week, Amazon announced it planned to voluntarily collect sales tax in Arkansas starting in March. Now, a bill filed in the House seeks to dedicate that revenue to reducing income tax.

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