Restaurants & Food Archive

Spending Your Gasoline Savings (Craig Douglass On Consumers)

by Craig Douglass 2/2/2015 12:00 am

The highest average recorded price of regular gasoline at the pump in Arkansas is $3.97. That pinnacle was reached in July 2008. More important, however, is the fact that only one year ago, the average price was $3.09. And today, the average at-the-pump price of regular is $1.90. There exists in the Arkansas economy today a gas price dividend. And that means weekly consumer savings of at least $15.25. So how are you spending the extra money? Or how should you?

Mountain Pure Liquidates In $6 Million Transaction (Real Deals)

by George Waldon 2/2/2015 12:00 am

The Arkansas assets of Mountain Pure Water changed hands in a $6 million foreclosure sale. Land for future expansion in North Little Rock weighed in at $1.22 million. And a 2,647-SF bank branch in midtown Little Rock tipped the scales at $1.18 million.

Texas Alcohol Election Spurs Glazer's To Shutter Texarkana Site

by Sean Beherec 2/2/2015 12:00 am

Liquor distributor Glazer's will be closing a facility in Texarkana with the company “transitioning” at the site in March, the company said last week.

Three Tech Firms Moving to Downtown Conway, Plan to Hire 140

by Arkansas Business Staff 1/29/2015 10:44 am

The firms making the announcement with Gov. Asa Hutchinson from downtown Conway were Metova Inc., of Franklin, Tennessee; Atlanta-based Big Cloud Analytics; and Conway's Eyenalyze.

Report: State Jobless Rate Down to 5.7 Percent

by Mark Carter 1/27/2015 09:35 am

Arkansas' unemployment rate fell to 5.7 percent in December, dropping two-tenths of a percentage point from November, according to a report from the state Department of Workforce Services.

Tyson Foods to Upgrade Georgia Plant, Add 500 Workers

by Arkansas Business Staff 1/27/2015 07:40 am

Tyson Foods Inc. of Springdale said this morning that it plans to invest $100 million in its Vienna, Georgia poultry plant, adding about 500 jobs there.

Harp's Sells Flagship Grocery Store in Springdale

by Arkansas Business Staff 1/26/2015 12:00 am

Harp's Food Stores Inc. of Springdale has sold its flagship store at 2894 W. Sunset Ave., which sits in front of its corporate headquarters.

Central Arkansas Regains Jobs Lost During Recession

by Arkansas Business Staff 1/26/2015 12:00 am

Metroplan last month released its latest “Metro Trends: Economic Review and Outlook,” which examines what it calls “the new economy” in central Arkansas in the aftermath of the Great Recession.

Arkansas' Biggest Deals of 2014 Soar While Value Slips

by Jan Cottingham 1/26/2015 12:00 am

The mergers and acquisitions spigots were opened wide last year in Arkansas. The number of big deals — those valued at $9 million or more — soared 38 percent, increasing to 101 in 2014 compared with 73 in 2013.

Tyson Foods Gives $1M to Downtown Springdale Alliance

by Mark Carter 1/23/2015 03:37 pm

Tyson Foods Inc. has given $1 million to the Downtown Springdale Alliance, the nonprofit working to revitalize the city's original downtown.

The Root Café Gets $150K Grant from JPMorgan Chase Bank

by Lee Hogan 1/21/2015 04:30 pm

Jack and Corri Sundell, owners of The Root, received a $150,000 grant from JPMorgan Chase. The Root was one of 20 grant recipients in the JPMorgan Chase Mission Main Street program, and the only one in Arkansas.

Chuy's Hiring 175 Employees for North Little Rock Location

by Arkansas Business Staff 1/19/2015 01:29 pm

The Austin, Texas-based Tex-Mex restaurant will hire both full-time and part-time positions, including hosts, servers, bussers and bartenders.

New Tenants Filling Up Pleasant Crossing Shoppes in Rogers

by Arkansas Business Staff 1/19/2015 12:00 am

Burke Larkin of Whisinvest Realty of Rogers expects to finalize the last two leases of the 22,000-SF shopping center his company built near the Walmart Supercenter on Pleasant Grove Boulevard. Alan Cole of Colliers International represents the two tenants, unnamed until the deals are completed.

Hunt Heir Sells Starbucks Site in Fayetteville

by Arkansas Business Staff 1/19/2015 12:00 am

T.J. Lefler of Sage Partners in Fayetteville closed on the 3,258-SF building at 2117 W. Martin Luther King Blvd. on Jan. 9. Lefler and three partners had reached an agreement with Bryan Hunt LLC in December, but ironing out the details of the purchase took a while to complete.

Beer, Wine Permits Soon To Be Served in Saline, Columbia Counties

by Arkansas Business Staff 1/19/2015 12:00 am

With voter approval Nov. 4 of alcohol sales in Saline and Columbia counties, retailers have been lining up for permits.

UCA Board Approves Property Acquisition, Bond Issuance for $17.6M Mixed-Use Project

by Lee Hogan 1/16/2015 11:47 am

The property, at 242 Donaghey Ave., is currently occupied by a Papa John's restaurant, owned by Ozark Pizza Co. LLC of Little Rock. The offer would pay Ozark Pizza Co. $236,000 for the .12-acre lot and another $164,000 if the property is vacated by April 15.

Tammy Passafiume Cuts Into Diamond Lakes Federal as President/CEO (Movers & Shakers)

by Arkansas Business Staff 1/12/2015 12:00 am

Tammy Passafiume has been named president and CEO of Diamond Lakes Federal Credit Union in Malvern. She has 23 years of credit union experience and was previously president and CEO of River Valley Federal Credit Union in Camden.

Craft Brewers' Growth Spurs Look at Rules

by Jan Cottingham 1/12/2015 12:00 am

The explosive growth of the craft brewing industry in Arkansas is causing the brewers themselves and state regulators to re-evaluate the rules governing the sector, a re-evaluation that has the potential to lead to new state laws.

Holiday Inn Express Attracts $4.2M Sale (Real Deals)

by George Waldon 1/12/2015 12:00 am

A 138-room hotel in east Little Rock tipped the scales at $4.2 million. A 44-unit apartment project in southwest Little Rock weighed in at $1.65 million. And a 37,000-SF grocery store project is in motion in Sherwood after a $944,000 land deal.

Transportation Companies in Arkansas Put Focus on Drivers' Health Into Maximum Overdrive

by Marty Cook 1/12/2015 12:00 am

A recent study by the National Institute for Occupational Safety & Health revealed that long-haul drivers are twice as likely to smoke or be obese as the average working adult. Drivers also were more likely to have risk factors that could lead to chronic diseases.