News

Marijuana amendment group turns in more signatures

KUAR | By Josie Lenora

A group attempting to broaden access to medical marijuana in Arkansas says they have finished collecting signatures.

Image by Dave Cameron

Arkansans for Patient Access is attempting to put an amendment on the ballot which, if approved by voters, would widely expand medical marijuana across the state. If the Arkansas Medical Marijuana Amendment passes, it will allow the drug to be prescribed for almost all medical conditions, as opposed to the narrow list of conditions allowed for the drug now.

A month ago, Arkansans for Patient Access turned in well over the roughly 90,000 signatures needed to qualify for the ballot; in total, they turned in 111,402 signatures. Of those, 77,000 were deemed valid by Secretary of State John Thurston, whose office was tasked with counting and validating the signatures for all the proposed amendments. Under Arkansas law, if 75% of the initial signatures are deemed valid, groups are then given a 30-day “cure period” to collect more signatures.

Marijuana amendment group turns in more signatures

Boozman: Biden-Harris Administration is Failing Farmers and Rural America on Trade

WASHINGTON—U.S. Senator John Boozman (R-AR), ranking member of the U.S. Senate Committee on Agriculture, Nutrition, and Forestry, issued the following statement after the U.S. Department of Agriculture (USDA) released its latest outlook projecting a record negative agriculture trade deficit for fiscal year 2025. 

“We have entered uncharted territory with the latest projected data on the U.S. agricultural trade deficit.

The Biden-Harris administration is failing our farmers, ranchers and foresters when it comes to maintaining our competitive advantage in the global marketplace.

The President and his team simply must do more to actively engage and aggressively advocate for our agriculture producers on the world stage. There is just no way around it.

Congress must also step up to the plate and pass a new farm bill that makes a robust investment in USDA’s trade promotion programs. The framework Senate Republicans released doubles funding for the Market Access Program and the Foreign Market Development Program, the farm bill’s premier trade promotion programs. This is an excellent place to start. Anything less is yet another a step in the wrong direction.” 

Background: The first USDA U.S. agricultural trade forecast for fiscal year (FY) 2025 reveals the agricultural trade deficit growing from a previous record of negative $30.5 billion in FY 2024 to a new record of negative $42.5 billion. U.S. agricultural exports in FY 2025 are projected at $169.5 billion, down $4 billion from FY 2024 and the lowest since FY 2020, while imports are projected to grow by $8 billion from FY 2024 to a record $212 billion.

2024 Avian Influenza Summit to address virus’ impacts on global health beyond poultry

By Ryan McGeeney
U of A System Division of Agriculture 

FAYETTEVILLE, Ark. — While surges in colds, flu and even COVID may come and go, agricultural producers are always on the lookout for avian influenza — and not just in poultry flocks. In 2024, highly pathogenic avian influenza has been detected not only in birds, but cattle, swine and humans as well.

MORE THAN FOWL — The 2024 International Avian Influenza and One Health Emerging Issues Summit will feature 55 speakers over four days, addressing the virus' effect not only in birds, but other species as well. (Division of Agriculture image.)

To address the current state of HPAI, the University of Arkansas System Division of Agriculture’s Center of Excellence for Poultry Science will host the International Avian Influenza and One Health Emerging Issues Summit on Sept. 30 – Oct. 3 at the Don Tyson Center for Agricultural Sciences in Fayetteville, Arkansas.

While the general public may be most familiar with the H5N1 strain of HPAI, multiple viruses have infected tens of millions of birds and more than 20 species of mammals worldwide since 2022. In response, event organizers have expanded the scope of this year’s annual summit to address emerging issues affecting cattle, swine, bees, humans and more as part of the “One Health” concept.

This year’s summit will feature 55 speakers over four days, more than doubling the number of speakers at the 2023 two-day conference. More than 1,800 individuals from 81 countries registered for the 2023 summit.

In-person attendance is limited to 200 people and online attendance is limited to 1,000 participants this year. There is no cost to attend either way, but registration is required. To register, visit https://internationalavianinfluenzasummit.uada.edu/registration/. To see a complete agenda listing speakers and topics, visit https://internationalavianinfluenzasummit.uada.edu/agenda/.

To learn about extension programs in Arkansas, contact your local Cooperative Extension Service agent or visit www.uaex.uada.edu. Follow us on X and Instagram at @AR_Extension. To learn more about Division of Agriculture research, visit the Arkansas Agricultural Experiment Station website: https://aaes.uada.edu/. Follow on X at @ArkAgResearch. To learn more about the Division of Agriculture, visit https://uada.edu/. Follow us on X at @AgInArk.

State of the State Mid-Year 2024: Arkansas’ manufacturing sector producing more ‘with fewer workers’

by Michael Tilley (mtilley@talkbusiness.net)

Arkansas’ manufacturing sector accounts for 12% of the state’s total payroll jobs and could add more than 1,000 jobs if recent growth rates continue, according to economist Greg Kaza. Job numbers in the sector remain well below peak employment in February 1995.

Kaza, executive director of the Little Rock-based Arkansas Policy Foundation, said the sector, once the largest jobs sector in the state, still is a big job generator.

“The manufacturing private industry sector continues to make a significant contribution to Arkansas’ economy. One might say, ‘It’s firing on four cylinders with the potential for six.’ In terms of jobs, manufacturing adds nearly one in eight jobs, or 12% of total Arkansas payroll employment, according to U.S. Bureau of Labor Statistics records,” Kaza noted in a brief analysis provided to Talk Business & Politics before July numbers were available.

State of the State Mid-Year 2024: Arkansas’ manufacturing sector producing more ‘with fewer workers’

Federal judge temporarily blocks ‘wet signature’ rule for Arkansas voters

KUAR | By Antoinette Grajeda / Arkansas Advocate

A federal judge on Thursday temporarily blocked the implementation of a new rule barring the use of electronic signatures on Arkansas voter registration forms except at certain state agencies.

State lawmakers in May approved an emergency rule drafted by the Arkansas Board of Election Commissioners that requires a “wet signature,” meaning signing with a pen, on voter registration applications unless they’re completed at state agencies, like the DMV.

In June, voter advocacy group Get Loud Arkansas challenged the rule with a lawsuit filed in the U.S. District Court for the Western District of Arkansas against Secretary of State John Thurston, the Arkansas State Board of Election Commissioners and the county clerks of Benton, Pulaski and Washington counties.

Federal judge temporarily blocks ‘wet signature’ rule for Arkansas voters

Antoinette Grajeda/Arkansas Advocate

John Paul Hammerschmidt Federal Building in Fayetteville.

Unique chicken line advances research on autoimmune disease that affects humans

FAYETTEVILLE, Ark. — A unique chicken breed is helping researchers better understand vitiligo, an autoimmune disease that affects 1-2 percent of the world’s population.

VITILIGO RESEARCH — Gisela Erf, professor of immunology, holds a Smyth line rooster whose white feathers are the result of vitiligo. The Smyth line, and its parental Brown line, are used to study the autoimmune disease that affects humans. (U of A System Division of Agriculture photo by Paden Johnson)

In vitiligo (pronounced vit-ih-LIE-go) the immune system attacks cells called melanocytes, causing skin pigment to disappear.

The effects are more than skin deep.

“Autoimmune diseases are multifactorial and non-communicable, and one is often associated with other autoimmune disorders. They call it the kaleidoscope of autoimmunity,” Gisela Erf, professor of immunology with the Arkansas Agricultural Experiment Station, said. “Vitiligo in humans, is strongly associated with autoimmune thyroiditis where the thyroid gland becomes attacked by the immune system, and that’s in our vitiligo birds, too.”

Why chickens?

Erf studies the disease using a rare vitiligo-prone chicken breed called the Smyth line, the only animal model for vitiligo that shares all the characteristics of the human condition. These include the spontaneous loss of melanocytes, interactions between genetic, environmental, and immunological factors that drive disease expression, and associations with other autoimmune diseases.

Research with the Smyth line helps scientists observe immune responses that are relatable to humans. Erf recently published a study in Frontiers in Immunology titled “Spontaneous immunological activities in the target tissue of vitiligo-prone Smyth and vitiligo-susceptible Brown lines of chicken,” which was co-authored by Erf’s former graduate students, Daniel M. Falcon and Kristen A. Byrne, and program associate Marites A. Sales.

The study identified the immune mechanisms behind the onset of vitiligo, which could one day inform the development of effective preventative and therapeutic measures for humans.

Erf conducts research through the Arkansas Agricultural Experiment Station as a faculty member of the Center of Excellence for Poultry Science. She holds the Tyson Endowed Professorship in Avian Immunology and teaches classes through the Dale Bumpers College of Agricultural, Food and Life Sciences at the University of Arkansas. The experiment station is the research arm of the University of Arkansas System Division of Agriculture.

Finding answers in feathers

Erf’s study compared the immune responses in the Smyth line to its parental Brown line, which is susceptible to vitiligo but much less likely to develop the disease. A unique feature of this animal model is that the melanocyte-containing target tissue — the “pulp” of small growing feathers — is easily accessible. Scientists can sample it many times before and during the onset and progression of the disease without harming the bird, Erf said.

In fact, based on studying the autoimmune response in the feather pulp, Erf developed this tissue as a skin test-site — a “living test-tube,” she calls it — and a minimally invasive procedure to study immune responses to injected vaccines and other antigens. She has since patented this method.  

“The method came out of these vitiligo studies, and it has been an incredibly successful technique, in my opinion, to study these very complex inflammatory responses where the cells get recruited from the blood to the site of infection or injection,” Erf said.

Examining growing feathers from the Brown line also revealed immune cells entering the pulp, but these cells exhibited anti-inflammatory immune activities, which may be responsible for preventing vitiligo development in these chickens, Erf explained.

The researchers also detected positive correlations that indicate an immune response with regulatory T cells, which stop vitiligo development and killing of the melanocytes.

In the Smyth line, approximately one month before vitiligo becomes visible, an increase in the expression of specific immune regulatory genes was observed. The study states that this early immune activity might play a role in triggering the disease. Overall, their findings align with observations in human studies, with the added benefit of new insights into events before the onset of the disease, Erf added.

This latest study suggests the different responses in Smyth and Brown line chickens could lead to new ways of understanding how the immune system decides between attacking or tolerating melanocytes, Erf said. And that could lead to significant advancements in treatment of autoimmune diseases like vitiligo.

The Smyth chicken was first identified by J. Robert Smyth in 1977 at the University of Massachusetts, Amherst. Erf, who knew Smyth, has worked with the Smyth line since 1989 and maintains the only known research breeding flock in the world.

To learn more about the Division of Agriculture research, visit the Arkansas Agricultural Experiment Station website. Follow us on X at @ArkAgResearch, subscribe to the Food, Farms and Forests podcast and sign up for our monthly newsletter, the Arkansas Agricultural Research Report. To learn more about the Division of Agriculture, visit uada.edu. Follow us on X at @AgInArk. To learn about extension programs in Arkansas, contact your local Cooperative Extension Service agent or visit uaex.uada.edu.

State of the State Mid-Year 2024: Schools implementing LEARNS; funding formula change coming?

by Steve Brawner (BRAWNERSTEVE@MAC.COM)

What’s the state of the state in education? Schools are implementing Gov. Sarah Sanders’ LEARNS Act. Legislators are performing the biennial adequacy study that will determine school funding amounts for the next two years. In next year’s legislative session, they could craft a new funding formula.

The sweeping 2023 LEARNS Act made major changes to the state’s education system but left many of the details to the rulemaking process. Secretary of Education Jacob Oliva estimated in an interview that “95%” of the rules are ready. Many had to be completed by July 1.

Among the most notable aspect of LEARNS was its creation of “educational freedom accounts.” Through these, 90% of the state per pupil foundation funding traditionally provided to schools instead goes to eligible families that can use them for qualifying expenses for nonpublic school alternatives. Roughly $7,000 per student will be provided to those families this upcoming second year of the program. Up to 3% of public school students can use them for private schools. Next year, there will be no percentage restrictions, and homeschooled students will be eligible.

State of the State Mid-Year 2024: Schools implementing LEARNS; funding formula change coming?

For 10th Year, UAMS Nationally Recognized for Commitment to High-Quality Stroke Care

By Linda Satter

LITTLE ROCK — The American Heart Association (AHA) and the American Stroke Association awarded the University of Arkansas for Medical Sciences (UAMS) with its highest level of stroke recognition for the 10th consecutive year for providing stroke patients with the most advanced treatments, leading to the best outcomes.

In addition to the Get With The Guidelines – Stroke Gold Plus quality achievement award, the AHA recognized UAMS with three Honor Roll awards for its quick treatment of stroke patients after arrival and its up-to-date, evidence-based care for stroke patients with Type 2 diabetes, who face a higher risk of complications.

The other awards are the Target: Stroke Honor Roll Elite, the Target: Stroke Advanced Therapy Honor Roll and the Target: Type 2 Diabetes Honor Roll. UAMS previously received the honor roll elite and Type 2 diabetes honor roll recognitions, but 2024 marks the first time that UAMS was named to the Target: Stroke Advanced Therapy Honor Roll as well.

For 10th Year, UAMS Nationally Recognized for Commitment to High-Quality Stroke Care

Republican Party of Arkansas facing internal lawsuit

KUAR | By Josie Lenora

A lawsuit has been filed stemming from the Republican Party of Arkansas’ decision to hold closed primaries. 

At a biennial convention in June, the party voted to close their primaries. This would mean that only registered Republicans could vote in primary elections. Hypothetically, having closed primaries could make winning candidates more conservative, as they would be chosen by a voter pool of people only within their own party.

The suit is being brought by state Republican Convention Chair Jennifer Lancaster. The lawsuit says the Arkansas GOP’s internal rules give them the power to make this change. Weeks after the vote, party chairman Joseph Wood nullified the decision claiming the party violated their own rules in making the decision. The disagreement represents a current disagreement in the party over ideology and rule implementation.

Republican Party of Arkansas facing internal lawsuit

Michael Hibblen/Little Rock Public Radio

The suit is asking for the primaries in Arkansas to be closed after the state Republican Party voted to close them this year.

Attorney General Griffin praises Arkansas Supreme Court's rejection of motion brought by convicted felon of Little Rock

Griffin offered the following statement:

“Convicted felon Oscar Stilley’s emergency motion sought to resurrect the abortion amendment ballot petition by compelling the Secretary of State to provisionally certify it for the November general election. I applaud the Arkansas Supreme Court’s decision to deny Stilley’s motion as moot after the court had correctly denied the attempt by the sponsor of the abortion amendment to get on the ballot.

“Stilley has no legal standing to bring this lawsuit in the first place. In fact, his filings have made it clear that he cares more about re-litigating his federal felony conviction. This attempt to retry his conviction has done nothing but waste the court’s time and taxpayers’ money.”

To read a copy of the court’s rejection of the motion, click here.

To download a PDF version of this release, click here.

Sanders, DHS Announce $15 Million to Support Arkansans with Substance Use Disorder, Mental Illness, and Intellectual Disabilities

LITTLE ROCK, Ark. — Today, Governor Sarah Huckabee Sanders and the Arkansas Department of Human Services (DHS) announced $15 million in grants to fund infrastructure improvements that support individuals with substance use disorders, mental illnesses, or intellectual disabilities. Recipient organizations offer Medicaid treatment in community-based settings for specialty populations around the state.

“Vulnerable Arkansans need help – and they deserve to receive that help in modern, well-functioning facilities,” said Governor Sanders.“As my administration supports our most at-risk citizens, these grants will build a continuity of care that helps Arkansans through every step of their lives.”

“The funding awards announced today will create an array of additional services that support an improved continuum of care for both young people and adults who are struggling with substance use disorders, mental illness, or intellectual disabilities,” said DHS Secretary Kristi Putnam. “We are excited to see these investments turn into services that fill gaps in coverage and ultimately make a positive difference in the lives of Arkansans who need this support.” 

This program will award grants to support Youth Substance Abuse Residential Treatment and Supported Housing Units for Young Adults later this summer. 

The different grant types and recipient groups are below:

The Community Reintegration for Children grant funds new buildings that will function as family home environments for children to provide step-down support from high-cost, restrictive settings. Recipients are:

  • Western Arkansas Counseling and Guidance Center, Fort Smith – $4 million

  • United Methodist Children’s Home, Little Rock – $1 million

The Adult Substance Abuse Residential Treatment Facilities grant funds improvements to existing facilities that offer 30- to 60-day treatment programs for adults struggling with substance abuse disorders. Recipients are:

  • Harbor House, Fort Smith – $1,842,004

  • ARVAC Lake Point Recovery and Wellness, Russellville – $2,157,996

The Supported Housing Units for Young Adults grant funds the construction of an apartment complex that will house youth struggling with behavioral health who have aged out of group homes or other services provided by the Division of Children and Family Services or the Division of Youth Services. The recipient is:

  • Rainbow of Challenges, Inc., Hope – $3 million

The Therapeutic Communities for Adults with IDD grant funds the creation of a 16-bed therapeutic community that will provide step-down support from high-cost, in-patient psychiatric care for adults with intellectual or developmental disabilities and a co-occurring behavioral health diagnosis. The recipient is: 

  • ARISA Health, Jonesboro – $3 million

New UA philanthropic giving was $92.3 million in recent fiscal year

by Talk Business & Politics staff (staff2@talkbusiness.net)

The University of Arkansas said Friday (Aug. 23) that philanthropic giving in the fiscal year ended June 30 totaled $211.1 million. Of that, $92.3 million was from new giving and $118.8 million was payments on previous commitments.

The $92.3 million includes cash, in-kind giving, planned gifts and new pledges. According to the UA, the giving will support scholarships for students, campus and study-abroad programs, faculty and staff, research and economic development, entrepreneurship and capital projects. Of the giving, $14.8 million was directed to the university’s endowment.

“The university is fortunate to have the commitment of alumni and friends who understand how their gifts directly impact the student experience through scholarships and quality teaching, research and service,” said Sandy Edwards, senior advisor for advancement. “We are building on this commitment as we launch into an even more robust new school year.”

New UA philanthropic giving was $92.3 million in recent fiscal year

Old Main - Photo credit: Michael Barera

State of the State Mid-Year 2024: Arkansas tourism continues to be a strong industry

by Tina Alvey Dale (tdale@talkbusiness.net)

Arkansas Tourism Director Dalaney Thomas said the state’s 2% tourism tax collections continue to rise with fiscal year 2024 (June 2023-July 2024) closing out at a record $26.363 million, up 5.13% compared with the recent fiscal year.

“Arkansas’ travel industry continues to see growth in large part thanks to the expansion of the state’s marketing footprint and the return of strong business and corporate travel,” Thomas said.

The tax collections are directly allocated toward promotion of the state, and Thomas said those efforts are working.

State of the State Mid-Year 2024: Arkansas tourism continues to be a strong industry

Former Arkansas Gov. Asa Hutchinson attends DNC

KUAR | By Ronak Patel

During the Democratic National Convention (DNC) last week, former Arkansas Gov. Asa Hutchinson, was one of the handful of Republicans, at the event.

In an interview with Fox News, Hutchinson said he was not at the event to endorse Vice President Kamala Harris. However, he said he still believes Donald Trump should not be the next president and the Republicans need to move on from the former president.

“We need to define it [the Republican Party] differently than Donald Trump and the rule of law is important to me. I said on the debate stage I’m not going to vote for a convicted felon. That still holds true,” Hutchinson said.

Former Arkansas Gov. Asa Hutchinson attends DNC

Former Arkansas Governor Asa Hutchinson - Flickr Image

Arkansas medical marijuana sales down almost 4% through July

by Talk Business & Politics staff (staff2@talkbusiness.net)

Medical marijuana sales in Arkansas between January and July total $158.5 million, down 3.7% compared with the $164.6 million in the same period of 2023. Sales since medical marijuana was legalized in 2019 total more than $1 billion.

The Arkansas Department of Finance and Administration reported $22.956 million in July sales, with 6,467 pounds sold. There are 37 dispensaries in Arkansas. The voter-approved amendment allowing medical marijuana sales provides for up to 40 dispensaries.

Following are the top five dispensaries for pounds sold in July.
Suite 443 (Hot Springs): 731.95 pounds
Natural Relief Dispensary (Sherwood): 540.18 pounds
CROP (Jonesboro): 366.7 pounds
Harvest (Conway): 323.47 pounds
High Bank (Pine Bluff): 315.47 pounds

Arkansas medical marijuana sales down almost 4% through July

Wikimedia Commons Image

Legislative committee approves rules on electronic signatures, gender-neutral IDs

KUAR | By Josie Lenora

Members of the Arkansas Legislative Council approved two controversial rule changes in a meeting Friday: the first had to do with elections, while the second had to do with gender-neutral driver's licenses.

Driver's licenses

The Department of Finance and Administration recently implemented a rule requiring the letter “M” or “F” to be listed under “sex” on all driver’s licenses or state-issued IDs. Right now, a few hundred Arkansans have “X” listed instead of "M" or "F".

Democratic lawmakers protested the rule change, saying it was harmful to transgender and nonbinary Arkansans. Rep. Andrew Collins, D- Little Rock, said the rule change goes beyond the purview of what the Department of Finance and Administration is allowed to do.

Legislative committee approves rules on electronic signatures, gender-neutral IDs

Dwain Hebda/Arkansas Advocate

The Arkansas Legislature approved two controversial rules at a legislative meeting Friday.

Dove delay preserves full weekend of fun

BY Randy Zellers

LITTLE ROCK — Arkansans gearing up for the state’s kickoff to hunting seasons might have noticed that the Sept. 7 opening day doesn’t fall on Labor Day Weekend, which is typically associated with the event. The break from the federal holiday is a matter of unfortunate timing, so to speak.

Each year, federal migratory bird frameworks dictate that dove seasons in the Central Management Unit (migration corridors similar to flyways) may not begin before Sept. 1 and must conclude by Jan. 15. Labor Day, which began in 1882 and became a federal holiday in 1894 is annually scheduled for the first Monday in September, regardless of the calendar date.

Here’s where the phenomenon known as “calendar creep” comes into effect. This year (and next year), Labor Day Weekend will actually begin at the end of August, preceding the first available date for dove season.

During these years the Arkansas Game and Fish Commission has to decide whether to open the season on Sunday, cutting the weekend short, or to postpone the opening day to the following weekend.

In 2019, the AGFC was faced with this decision and decided on the Sunday opening day. Staff and commissioners fielded many calls from the public that many people were not able to take advantage of the Labor Day holiday from work, which resulted in their traditional opening weekend of dove season becoming a single-day hunt.

With this in mind, Commissioners and staff agreed that postponing the season until Sept. 7 allowed more opportunities for all Arkansans to enjoy a full weekend of dove hunting unpressured birds during the season opener.

Luckily this issue only presents itself two out of every seven years, notwithstanding shifts caused by leap year. Unfortunately, next year will see the same delay because Sept. 1 falls on Labor Day itself, leaving no room for a full weekend of fast flights and delicious doves.

Kamala Harris tells Democrats: ‘I see a nation that is ready to move forward’

by Roby Brock (roby@talkbusiness.net)

Vice President Kamala Harris accepted her party’s nomination for President Thursday night (Aug. 22), while laying out a stark contrast between herself and her Republican opponent, former President Donald Trump.

In accepting the nomination at the Democratic National Convention in Chicago, Harris made history as the first woman of color to lead her party for President.

“On behalf of everyone whose story could only be written in the greatest nation on Earth, I accept your nomination to be the President of the United States of America,” Harris said.

Kamala Harris tells Democrats: ‘I see a nation that is ready to move forward’

College of Pharmacy Recognized by AACP with Designation, Individual Awards

By Benjamin Waldrum

The American Association of College of Pharmacy (AACP) recently recognized the UAMS College of Pharmacy with a prestigious designation and handed out national awards to two faculty members, one preceptor and a student.

The College of Pharmacy was one of only 17 schools of pharmacy nationwide selected as an inaugural Academia-Community Transformation (ACT) Community Pharmacy Center of Excellence. This designation recognizes schools and colleges of pharmacy that are committed to advancing community pharmacy practice.

Chris Johnson, Pharm.D., M.Ed., assistant professor of pharmacy practice, was one of four pharmacy faculty nationwide recognized as a national Emerging Teaching Scholar. Laura Lumsden, Pharm.D., a local pharmacy owner and longtime College of Pharmacy preceptor, was named a Distinguished Preceptor. Marty Perry, Ph.D., associate professor and vice chair for professional education in the college’s Department of Pharmaceutical Sciences, was named to the AACP’s prestigious Academic Leadership Fellows Program (ALFP).

Amberly Clifton, MBA, a third-year pharmacy student, was selected to the AACP’s Aspiring Academics Program. The program aims to facilitate a deeper understanding of career paths in academic pharmacy.

College of Pharmacy Recognized by AACP with Designation, Individual Awards

Walmart sells $3.7 billion stake in JD.com

by Kim Souza (ksouza@talkbusiness.net)

Walmart sent a signal that it’s reducing investments in China by selling 144.5 million shares of JD.com, which totaled about $3.7 billion. The trade happened Wednesday, ending the retail giant’s eight-year partnership.

The world has changed since Walmart first took a stake in China’s e-commerce platform JD.com in 2016. Walmart ramped up its ownership to 10% as it sought to grow its retail business inside China. Since that time, China has experienced a volatile economy, slower consumption patterns, and a prolonged shutdown from the COVID-19 pandemic.

Walmart said divesting the JD shares indicates the company plans to focus on Walmart China, Sam’s Club, and allocate funds to other priorities. Walmart execs have said the Sam’s Club format is performing well in China for online and physical sales. Market analysts estimate Sam’s Club achieved a compounded annual growth rate of around 30% in the past three years. Sam’s Club China posted annual sales of $11.1 billion (US) in 2023. More than 50% of Sam’s Club orders in China came from online.

Walmart sells $3.7 billion stake in JD.com