Restaurants & Food

Red Lobsters Serve Up $8.4M Transaction (Real Deals)

Red Lobsters Serve Up $8.4M Transaction (Real Deals)
This Red Lobster restaurant at 3707 McCain Blvd. was ranked  No. 3 in 2013 gross receipts in North Little Rock. The Little Rock location was No. 11 on the same list for Little Rock restaurants.

ARCP RL Portfolio V LLC purchased the Red Lobster at 3707 McCain Blvd. in North Little Rock for $4.98 million. ARCP RL Portfolio VI LLC bought the Red Lobster at 8407 W. Markham St. in Little Rock for $3.44 million
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Evaluating New Minimum Wage's Effects (Michael Pakko Commentary)

With the passage of ballot initiative No. 4, the minimum wage in Arkansas will increase in three steps to $8.50 per hour in 2017, $1.25 above the current federal minimum, making Arkansas one of many states to increase the minimum wage above the federally mandated level.
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Sierra Fowler Named Interim Executive Director at Farm & Food Innovation Center

The Farm & Food Innovation Center Inc. of North Little Rock has named Sierra Fowler as its interim executive director.
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No Daily Report, Morning Report or E-newsletters on Thursday, Friday

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday. read more >

Fayetteville Anti-bias Ordinance Splits City, Chamber

On Dec. 9, Fayetteville voters will decide the fate of Ordinance 5703 — commonly known as Chapter 119 — which would prohibit discrimination in the workplace or in housing based on veteran status, sexual orientation, gender identity and socioeconomic background. read more >

Tyson CEO Donnie Smith: Hillshire Opens Door to More Growth

Donnie Smith, CEO and president of Tyson Foods Inc. of Springdale, said Wednesday that it's an exciting time to be in the food business, especially as the company moves forward after its $8.55 billion acquisition of Hillshire Brands Inc. of Chicago. read more >

The Hop Diner is Closing; At the Corner Opening in Its Place

Little Rock Soirée, our sister publication, has news that The Hop Diner is closing its doors after seven years of business. read more >

BJ's Restaurant & Brewhouse Coming to McCain Mall

BJ's Restaurant & Brewhouse is on its way to McCain Mall in North Little Rock. It's expected to open summer 2015. read more >

Little Greek Restaurant Opens in Fayetteville

Little Greek Restaurant is expanding into northwest Arkansas. The Florida-based Greek restaurant opens its second location in Arkansas on Wednesday read more >

Arvest Consumer Survey: Arkansans' Opinion of Economy Improving

Arkansas consumer sentiment is up slightly in Arvest Bank's most recent survey, but it's still lower than surrounding states and considerably lower than the national outlook on the economy. read more >

Chuy's to Open in March in North Little Rock

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Grub's Bar & Grille Expands to Fort Smith

Fort Smith lost MarketPlace Grill but is gaining a Grub's Bar & Grille in its place. read more >

Rock Town Distillery Ranked High in 'Whisky Bible'

Little Rock's Rock Town Distillery has been recognized for producing the “2015 US Micro Whisky of the Year” for its Single Barrel Bourbon Whiskey. read more >

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