Talk Business & Politics

19 hours ago | talkbusiness.net | Jeff Della Rosa

Joe Vitiritto, president and CEO of PAMT Corp., formerly P.A.M. Transportation Services Inc., will resign June 27 for family reasons after nearly five years with the Tontitown-based carrier, according to a Monday (May 12) federal filing. Matthew Moroun, the company’s board chairman, will be the interim president and CEO from June 27 until the position is filled, according to the U.S. Securities and Exchange Commission filing.

19 hours 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.

1 day ago | talkbusiness.net | Michael Tilley

Fort Smith voters on Tuesday (May 13) approved by a wide margin a sales tax reallocation plan to provide $360 million over 30 years to fund federally-mandated sewer system work. The vote potentially puts a frustrating and costly federal consent decree on a path to completion. The Fort Smith Board of Directors on Feb. 21 approved a sales tax reallocation plan to fund $360 million of federally-mandated sewer system improvements. Voters were asked to vote for or against each of the three items.

1 day 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.

2 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.