Retail

NRF Forecasts Retail Sales Growth of 3.1 Percent in 2016

NRF Forecasts Retail Sales Growth of 3.1 Percent in 2016

The National Retail Federation is forecasting retail spending growth of 3.1 percent in 2016, a slowdown from the group's annual estimate a year ago.
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Brown Sugar Bakeshop Plans to Fill Cake Hole in NLR

Brown Sugar is planning later this month to move its retail location to the corner of JFK and McCain in North Little Rock and operate as "a drive-through dessertery."
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Cities in Arkansas Scrambling to Fill Vacant Walmart Locations

Since Wal-Mart Stores Inc. announced last month it was closing 154 stores in the United States, Gentry Mayor Kevin Johnston has been on the phone and sending emails trying to attract a grocery store to the Benton County town.
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US Retail Sales Rise as Consumers Shrug Off Stock Price Drop

U.S. retail sales rose modestly in January, evidence that Americans kept shopping despite sharp drops in stock prices. read more >

Report: Jonesboro Weathered Recession Well, Leads State in Job Growth

Jonesboro fared much better than other Arkansas cities during the economic downturn, and its job growth continues to be a standard-bearer in the Natural State. read more >

Southern Reel Outfitters to Open Store in March

Southern Reel Outfitters, a 2,400-SF retail space selling fishing tackle and outdoor clothing brands, announced Thursday a grand opening date of Saturday, March 12. read more >

Jacksonville Mayor: Millage Vote a 'Game Changer'

Jacksonville's new high school should be open by the fall 2019, thanks to voters who on Tuesday approved a 7.6 mill property tax increase to fund facilities. read more >

Most ATBI Cities See Improvement in November

Fourteen of the 18 municipalities tracked by the Arkansas Tech Business Index saw their index ratings increase in November. read more >

Dollar Tree To Set Roots in Farmington

Interior renovations are ongoing at a 7,600-SF building at 219 W. Main. The Tamarron Investment Group, through its Abbey Fund, bought the property for $400,000 in February 2015 from Richard Srygley's RCS Land Co. LLC. read more >

Arkansas Sees Volume, Value of Biggest Deals Drop

The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story. The known value of big deals in the state — those worth $9 million or more — fell 53 percent in 2015 compared with 2014, to $8.8 billion compared with $16.6 billion. read more >

Personal Income in Arkansas Metro Areas See Increase

The eight metropolitan areas of Arkansas reported increases in local area personal income in 2014, with growth ranging from 1.6 percent in Pine Bluff to 4.1 percent in Fort Smith. read more >

Developmental Center Sells for $3.2 Million (Real Deals)

The sale of a 30,565-SF clinic in Little Rock, a string of apartments in the Hillcrest area and an 82-room motel in southwest Little Rock top the latest real estate transactions in Pulaski County. read more >

When Every Day's a Super Bowl (Ross Cranford Expert Advice)

Everybody knows that the Super Bowl is one of the most watched televised events of the year — 114.4 million viewers in 2015, the largest U.S. audience in history. And every client is now trying to reach customers where, increasingly, they live: on mobile devices. But as Facebook COO Sheryl Sandberg recently said, “We have a Super Bowl on mobile every day.” read more >

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