Northwest Arkansas Archive

Nonprofit to Hold 'Death Fest' in Fayetteville

by Arkansas Business Staff 9/23/2016 10:34 am

The Natural State Burial Association (NSBA), a nonprofit, will host its six-day "Death Fest: A Celebration!" in Fayetteville from Oct. 27-Nov. 1.

Developer Brandon Woodrome Pleads Guilty to Fraud

by Arkansas Business Staff 9/22/2016 04:31 pm

Brandon Woodrome, a northwest Arkansas real estate developer, pleads guilty to one count each of bank fraud and wire fraud.

United Federal Credit Union Wins Top Honor at Best Places to Work Awards

by Arkansas Business Staff 9/22/2016 11:35 am

Arkansas Business and the Best Companies Group honors 29 Arkansas companies with "Best Places to Work" awards, which honor firms that have exceptional workplace environments.

UA Earns Record $101.7M in Research Funding

by Arkansas Business Staff 9/22/2016 10:08 am

The University of Arkansas says it received $101.7 million in research — the highest level in the university's history and 27 percent more than it got in 2015 — for the fiscal year that ended June 30.

Wal-Mart to Face Class Action Over Alleged Bribery in Mexico

by Associated Press 9/22/2016 09:41 am

A U.S. judge is granting class action status to Wal-Mart investors suing the world's largest retailer over allegations that it covered up a bribery scheme in Mexico. The allegations included that Wal-Mart's Mexican unit paid millions of dollars in bribes to speed building permits and gain other favors.

Skyline Report: New Construction, Occupancy Strong in Northwest Arkansas

by Arkansas Business Staff 9/21/2016 11:01 am

The vacancy rate on commercial property in northwest Arkansas is 12.7 percent, up from 12.4 percent in the second half of 2015, according to the Arvest Bank's Skyline Reports for the first six months of 2016.

Crystal Bridges Announces First Recipient of $200K Don Tyson Prize

by Jan Cottingham 9/21/2016 10:34 am

Crystal Bridges Museum of American Art is giving the first Don Tyson Prize, a $200,000 award, to the Smithsonian Institution's Archives of American Art.

Rogers Airport Gets $5.8M Grant for Improvements

by Associated Press 9/21/2016 09:01 am

Members of Arkansas' congressional delegation announced Tuesday that the Rogers Executive Airport received the $5.8 million in funding from the Federal Aviation Administration.

Bragg: Lottery Generated $35M in Scholarships for Sebastian County

by Marty Cook 9/20/2016 03:27 pm

The Arkansas Scholarship Lottery has meant millions for Sebastian County students and the University of Arkansas-Fort Smith since the lottery started Sept. 28, 2009, according to its director of advertising and marketing.

Wal-Mart Completes $3B-Plus Purchase of Jet.com

by Anne D'Innocenzio, The Associated Press 9/20/2016 07:38 am

Wal-Mart completes its deal to buy fast-growing Jet.com for $3 billion in cash plus $300 million in stock, an acquisition aimed at helping the world's largest retailer attract younger and more affluent customers to drive online sales.

University of Arkansas Announces $1B Fundraising Goal

by Associated Press 9/19/2016 07:03 am

The University of Arkansas has announced the start of a fundraising campaign that officials hope will raise $1 billion.

Tokyo House To Rise in Rogers

by Arkansas Business Staff 9/19/2016 12:00 am

A Little Rock group plans to open a Tokyo House sushi restaurant in Rogers after a $1.6 million purchase.

Chaffee Crossing Continues Growth in Fort Smith

by Marty Cook 9/19/2016 12:00 am

While it seems today that Chaffee Crossing is one of those blessed developments that seems to fall into one handsome deal after another, Ivy Owen, the executive director of the Fort Chaffee Redevelopment Authority in Fort Smith, remembers a much leaner time.

Millennials Drive Boom in Arkansas Apartment Market

by George Waldon 9/19/2016 12:00 am

When it comes to shelter, the millennial generation has established a reputation for its lingering embrace of apartments over homeownership. The market impact of the 18-34 age group is helping drive occupancy rates higher, to the delight of landlords.

Will Jet.com Boost Wal-Mart's E-commerce?

by Mark Friedman 9/19/2016 12:00 am

Retail watchers have mixed feelings about whether Wal-Mart Stores' $3.3 billion purchase of Jet.com of Hoboken, New Jersey, will be the spark the Bentonville retailer needs to boost its online sales.

Elise Mitchell on PR Success and the Art of Motorcycle Mastery

by Kyle Massey 9/19/2016 12:00 am

Elise Mitchell says entrepreneurship is a little like parenting. If you wait till you're old and wise, you've probably missed your chance.

Sparks Adds Samir Patel to Fort Smith Physician Staff (Movers & Shakers)

by Arkansas Business Staff 9/19/2016 12:00 am

Dr. Samir Patel has joined Sparks Health System in Fort Smith as an internal medicine physician. Patel will treat adult patients for a number of conditions, including high blood pressure, diabetes, thyroid disease, heart disease and chronic obstructive pulmonary disease.

New Owners Plan Renovations to Fayetteville's EJ Ball Building

by Alexis Hosticka 9/16/2016 10:04 am

Specialized Real Estate Group of Fayetteville and Moses Tucker Real Estate of Little Rock has purchased the E.J. Ball Building in Fayetteville and plans renovations.

Walmart Canada to Extend Visa Ban to More Stores

by Ismail Shakil and Ethan Lou, Reuters 9/15/2016 07:22 am

Walmart Canada will stop accepting Visa Inc. cards at its 16 stores in the province of Manitoba starting on Oct. 24, a spokesman said on Wednesday, raising the stakes in a high-profile fee dispute.

WattGlass of Fayetteville Gets $679K SunShot Grant

by Arkansas Business Staff 9/14/2016 02:07 pm

WattGlass of Fayetteville gets a $679,413 grant from the U.S. Department of Energy SunShot Initiative to help commercialize its anti-reflective glass coating technology.