Kim Souza

Arkansas

Analyst, Journalist and Editor at Talk Business & Politics

I am a journalist and business analyst in Northwest Arkansas. My pledge is to help my followers stay up-to-date.

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Articles

The Supply Side: Sam’s Club growth plan may include no checkout stations

2 days ago | talkbusiness.net | Kim Souza

It took 42 years for Sam’s Club to reach $90 billion in annual revenue, but CEO Chris Nicholas and his executive group plan to double the business in the next eight to 10 years — if not sooner. During a recent investor conference in Dallas, Nicholas said the time is right to expand the club footprint by adding 30 clubs over the next two years and remodeling all 600 club locations over the next decade.
Grocery prices rose in April, egg prices up almost 50%

2 days ago | talkbusiness.net | Kim Souza

Grocery prices rose again in April, up 2.8% from a year ago and up 0.2% from March, according to the Consumer Price Index posted Tuesday (May 13) by the U.S. Bureau of Labor Statistics (BLS). Overall food prices are up in six of the last seven months. The BLS reports that the index for food eaten at home rose 2% over the past 12 months, led by meats and poultry, up 7% over the past year. Retail egg prices increased 49.3% year over year.
Walmart expected to post revenue gain, weaker income in quarterly report

3 days ago | talkbusiness.net | Kim Souza

Walmart is expected to report a first-quarter revenue gain of around 2.5% on Thursday (May 15), but analysts caution that net income could fall 3.3% from a year ago. Walmart’s fiscal first quarter 2026 began on Feb. 1 and ended April 30. The retail giant is expected to report per share net income of 58 cents, down 2 cents from a year ago. Net income should top $4.64 billion, before one-time charges expected for liability claims and losses on foreign investments.
Walmart uses artificial intelligence to fast-track apparel offerings

1 week ago | talkbusiness.net | Kim Souza

At a time when Trump Administration tariffs threaten the apparel supply chain, Walmart announced a Trend-to-Product initiative that uses artificial intelligence tools to expedite the launch of on-trend, affordable fashion. The retail giant said the new initiative shortens the traditional production time for Walmart apparel by as much as 18 weeks, getting trending clothes in front of customers while demand is high.
Retail sales rise 6.7% in April, tariff impacts noted

1 week ago | talkbusiness.net | Kim Souza

Consumer spending rose in April ahead of expected tariff impacts. The National Retail Federation (NRF) Retail Monitor had April sales, excluding gasoline and automobiles, up 0.72% from the prior month and 6.7% higher than a year ago. The Retail Monitor report is compiled by Affinity Solutions and tracks actual debit and credit card transactions among thousands of retailers. It does not need to be updated as survey data compiled by the U.S. Census Bureau does.
The Supply Side: Tariffs create big uncertainty for retailers, suppliers

1 week ago | talkbusiness.net | Kim Souza

Tariffs are a big concern for retailers, particularly large operations like Walmart, Target and Dollar Tree which import goods from abroad. So when the Trump Administration invited some of their leaders to the White House to discuss their concerns on April 21 three retail giants accepted. President Donald Trump announced a series of tariffs on dozens of countries on April 2. On April 9, he paused the levy for 90 days, except for those imposed on China, which he raised to 145%.
Mother’s Day spending could total $34.1 billion

1 week ago | talkbusiness.net | Kim Souza

The National Retail Federation and Prosper Insights & Analytics estimate total Mother’s Day spending at $34.1 billion, up 1.79% from a year ago, but 9% lower than the record $35.7 billion spent in 2023. “Mother’s Day is an important holiday for many consumers, only surpassed by the winter holidays in terms of average spending,” said NRF Vice President of Industry and Consumer Insights Katherine Cullen.
Tyson Foods to sell four cold storage facilities for $247 million - Talk Business & Politics

1 week ago | talkbusiness.net | Kim Souza

Tyson Foods is revamping its cold storage network and process which includes selling four of its cold storage facilities to Novi, Mich.-based Lineage and creating annual cost savings. According to CEO Donnie King, Tyson will sell its cold storage warehouses located in Pottsville, Penn., Olathe, Kan., Rochelle, Ill., and Tolleson, Ariz., for an estimated $247 million. King spoke of the deal to analysts during the company’s earnings call on Monday (May 5).
Tyson Foods net income up 48%, revenue misses the estimate

1 week ago | talkbusiness.net | Kim Souza

It was a mixed second quarter for Tyson Foods, which saw net income of $380 million, and adjusted earnings of 92 cents per share, up 48.38% from a year ago. Adjusted net income beat the consensus estimate of 83 cents per share, or $296 million. The Springdale-based meat giant also reported lower-than-expected revenue for the quarter ended March 31 of $13.074 billion, flat against a year ago, and missing the $13.17 billion consensus estimate.
Walmart unveils program to solicit more US-made suppliers - Talk Business & Politics

2 weeks ago | talkbusiness.net | Kim Souza

With proposed and enacted Trump Administration tariffs – especially those targeting China – roiling the retail supply chain, Walmart execs searching for U.S. made goods recently launched a “Grow With Us” program. While two-thirds of the items Walmart sells are made or grown in the U.S., there is still wide exposure to tariff-related problems for categories like footwear, toys, housewares and electronics.