Walmart Plus users can add-on InHome
Walmart Inc. is making its in-home delivery service an add-on option for Walmart Plus subscribers.
For $138 a year, members can get the benefits of Walmart Plus as well as the InHome direct-to-refrigerator grocery delivery.
The Bentonville-based retailer said its customers asked for the combined plan.
"When Walmart Plus members ask for something, we work around the clock to make it happen for them," said Chris Cracchiolo, general manager of Walmart Plus. "Our members want options and a shopping experience that is easy to navigate and accommodates their individual needs."
Walmart Plus benefits already included 10 cents off each gallon of gasoline bought at 12,000 Exxon and Mobil fuel stations in addition to discounts at Walmart and Murphy's gas pumps and special pricing at Sam's Clubs.
Other Walmart Plus perks include a free six-month subscription to Spotify Premium; free grocery deliveries from Walmart stores; and free shipping on Walmart.com with no order minimum.
-- Serenah McKay
Lexicon announces buy of Alabama firm
Lexicon Inc. has acquired Universal Limited Inc. of Trussville, Ala., an insulation contractor that serves the commercial and industrial markets.
The nearly 200 Alabama-based employees and leadership team will join Lexicon's portfolio of businesses.
"Between our mutual histories as longstanding family-owned businesses and our shared vision to define excellence, we knew Universal would be the perfect addition to the Lexicon family," said Patrick Schueck, Lexicon's president and chief executive officer. "This acquisition allows us to strategically expand our service offerings and reach new customers."
Universal was founded in 1974 and has grown its service offerings to include scaffolding and siding while also broadening its market presence to include the steel, cement, chemical processing and power industries and adding insulation maintenance, roofing/siding and painting operations.
No purchase price was disclosed. The company will have a new name: Universal, a Lexicon Inc. Co.
-- Andrew Moreau
Arkansas Index rises on hopes Fed softens
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, closed Thursday at 715.15, up 1.26
"The recent fall in Treasury yields sparked by fears of a possible recession have boosted sentiment for equity investors who are optimistic that the hawkish stance taken by the Federal Reserve may soften on weaker economic data as stocks rose today led by the utilities and information technology sector," said Leon Lants, managing director at Stephens Inc.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.