Investments Archive

Walmart Inks $225M Deal for Cornershop Inc.

by Sarah Campbell-Miller 9/13/2018 10:39 am

Walmart Inc. of Bentonville will buy Cornershop Inc., an online marketplace for on-demand delivery from supermarkets, pharmacies and specialty food retailers in Mexico and Chile, for $225 million.

Sauce Startup Stirs Up $130K Investment

by Arkansas Business Staff 9/10/2018 12:00 am

NatureSauce LLC has raised $130,000 to launch a line of sauces.

Next Tropical Smoothie Coming to Gateway Town Center

by Arkansas Business Staff 9/10/2018 12:00 am

Dyne Hospitality Group of Little Rock, the largest Tropical Smoothie Café franchisee in the United States, plans to open its 49th Tropical Smoothie location near Bass Pro Shops in southwest Little Rock.

Spa City Surge: New Players Shaking Up Downtown Hot Springs

by George Waldon 9/10/2018 12:00 am

New takes on old properties have become a trending theme for activity in downtown Hot Springs. Redevelopments dominate the storyline, but new construction provides an undercurrent to the narrative.

Parking Lot Lease Deals at McCain: A Whole New Mall Game

by Kyle Massey 9/10/2018 12:00 am

Companies like Dillard's Inc., J.C. Penney and Macy's are surveying their vast parking areas and seeing new opportunities for dining and entertainment venues.

Big Box Stores Still Hold Value, Experts Say

by Marty Cook 9/10/2018 12:00 am

When big-box tenants look for space, there's ample competition for the same handful of properties, due to increasing costs of construction and property.

Fayetteville Company Scores UAMS Opioid Abuse Predictor

by Sarah Campbell-Miller 9/10/2018 12:00 am

TrestleTree LLC of Fayetteville has purchased the rights to a digital tool that determines the level of risk for opioid abuse and addiction that patients face before their first opioid prescription is written.

World Trade Center Arkansas Gets $592K Grant to Expand State Exports

by Arkansas Business Staff 9/7/2018 10:50 am

The U.S. Department of Commerce's Economic Development Administration has awarded the World Trade Center Arkansas of Rogers a $592,357 grant to promote export expansion, job growth and job retention.

Inspiration Day: Helping Mentally Ill Find Recovery

by Jan Cottingham 9/3/2018 12:00 am

After a successful run in medical research, Carol Witham now devotes her energies to Inspiration Day Treatment of Little Rock, which provides mental health services to the most seriously chronically mentally ill patients.

NWA Conference Told Inclusion Makes Companies Stronger

by Marty Cook 9/3/2018 12:00 am

Diversity and inclusion are subjects of growing importance to leaders in northwest Arkansas.

Rodney Slater Says $30M Investment 'Shot in the Arm' for Pine Bluff Plant

by Arkansas Business Staff 9/3/2018 12:00 am

Former U.S. Transportation Secretary Rodney Slater was in Arizona for Sen. John McCain's memorials last week, but he took time to telephone Whispers about the $3.5 billion gas-to-liquid fuel plant project he's involved with near Pine Bluff.

Clarity Pointe Transaction Exceeds $11M Mark (Real Deals)

by George Waldon 9/3/2018 12:00 am

An affiliate of Avenir Senior Living of Scottsdale, Arizona, purchased the 59-unit Clarity Pointe project at 8401 Ranch Blvd.

Smooth Move: Merger Forms Top Tropical Smoothie Franchisee

by Jan Cottingham 9/3/2018 12:00 am

Little Rock is now home to the largest Tropical Smoothie Café franchisee in the United States, and Dyne Hospitality Group has plans to grow even bigger.

LJ Apparel Rep Discusses Steps Taken to Secure Lauren James

by Arkansas Business Staff 8/27/2018 12:00 am

LJ Apparel is fighting a lawsuit brought by First Security Bank of Searcy, which accused the newly formed company of holding a sham foreclosure sale earlier this month for Lauren James.

Chapel Ridge of Conway Sells for $6.7M

by Arkansas Business Staff 8/27/2018 12:00 am

The sale of a 148-unit apartment complex in Conway and a 9-acre commercial site in Bryant topped the $1 million mark.

Park Central Development Breaking Ground in Lowell

by Arkansas Business Staff 8/27/2018 12:00 am

Park Central Investors LLC of Fayetteville bought the approximately 30 acres for more than $5.7 million.

Is Little Rock Losing Its Luster?

by Kyle Massey 8/27/2018 12:00 am

Little Rock Mayor Mark Stodola and Little Rock Regional Chamber CEO Jay Chesshir have binders full of statistics showing that economic development efforts are bearing fruit. Still, they acknowledge that Little Rock has a perception problem.

Northwest Arkansas' Task? Working on Good Problems

by Marty Cook 8/27/2018 12:00 am

As the growth spree in northwest Arkansas rolls on, worries like scarce housing and infrastructure arise.

Asher Shopping Center Rings Up $4.3M Sale (Real Deals)

by George Waldon 8/27/2018 12:00 am

An affiliate of Americas Realty in Pikesville, Maryland, purchased the 143,210-SF retail center at 6420 Col. Glenn Road.

Y'all Come Back Now, Y'hear? (Gwen Moritz Editor's Note)

by Gwen Moritz 8/27/2018 12:00 am

With a low unemployment rate in Jonesboro and other Arkansas cities, many corporate citizens in the state are missing out on revenue because they simply don't have the warm bodies to make more sales or produce more work product.