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Jonesboro (/ ˈ dʒ oʊ n z b ʌ r ə /) is a city located on Crowley's Ridge in the northeastern corner of the U.S. State of Arkansas. Jonesboro is one of two county seats of Craighead County . In 2023, the city had an estimated population of 80,560, [ 4 ] making it the fifth-most populous city in Arkansas .
McMillon was born in Memphis, Tennessee, [3] and grew up in Jonesboro, Arkansas, [4] the eldest of three children born to Laura and Morris McMillon, a dentist who served in Vietnam. [5] His parents moved the family to Bentonville, Arkansas, the home of Walmart headquarters, when McMillon was 16. [5]
The Jonesboro Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of two counties – Craighead and Poinsett – in northeast Arkansas, anchored by the city of Jonesboro. As of the 2010 census, the MSA had a population of 121,026 (a July 1, 2012 estimate has placed the population at 124,042). [1]
Walmart Inc. (/ ˈ w ɔː l m ɑːr t / ⓘ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. [10]
While the special features Richie and Hilton visiting their old “Simple Life” haunts in Arkansas, like the bar Alligator Rays and, of course, Walmart, it also checks in on the people they met ...
While Walmart doesn’t necessarily disrupt those features, its presence in the area has caused tectonic shifts in Bentonville itself: The population of the municipality reached 58,000 in 2022, up ...
In 1970, Stephens Inc., along with White Weld & Co., raised $4.95 million in an IPO for a small Arkansas-based discount retailer, Wal-Mart Stores, Inc., owned by Sam Walton and his family. [5] The capital, and subsequently raised capital, helped to fund Wal-Mart's rise from $32 million in sales to the largest retailer in the world.
The economy of Arkansas produced $176.24 billion of gross domestic product in 2023. [1] Six Fortune 500 companies are based in Arkansas, including the world's #1 corporation by revenue, Walmart. [8] Arkansas's per capita income for 2023 was $54,347, and the median household income was $55,432, which ranked 47th among U.S. states. [2] [9]