Retail

Reports: Wal-Mart Nabs Another Shopping App, Luvocracy

Reports: Wal-Mart Nabs Another Shopping App, Luvocracy
Luvocracy's website today. The firm is being purchased by @WalmartLabs.

@WalmartLabs, part of Wal-Mart Stores Inc.'s social media division, has acquired another shopping app, Luvocracy. Wal-Mart hasn't disclosed terms of the deal. Founded in 2011, Luvocracy has since been surpassed by Pinterest, another social shopping platform.
read more >

Tide Dry Cleaners Opens 2 Sites in Little Rock

Scott Thibault, president of J&M Foods of Little Rock, has entered into a franchise outside of the familiar gourmet cheese straw and cookie business. He and a partner have opened two Tide Dry Cleaners locations in Little Rock with plans to expand into outlying cities of the metro area.
read more >

Warren Stephens Bets on Britain's Bathstore

Warren Stephens, whose wealth Forbes put at $2.6 billion as of Thursday and who appears on our Power List, made a splash earlier this month in the United Kingdom with his backing of a management buyout of Bathstore.
read more >

Market Update

DOW 16,563.30 -317.06
NASDAQ 4369.773 -93.129
S&P 500 1930.67 -39.40
Enter a stock symbol

Mortgage Calculator

Enter Desired Loan Amount $
Interest Rate
Years
Your monthly payment is: $

More Retail News

Our Community, Our Dollars Ends Efforts in Faulkner, Craighead Counties

Our Community, Our Dollars says it will turn all its efforts for the legalization of retail alcohol sales to Saline County, and end its efforts in Faulkner and Craighead counties. read more >

America's Car-Mart Adds Kenny Gunderman to Board

America's Car-Mart Inc. of Bentonville adds Kenny Gunderman to its board of directors at the company's shareholders meeting Wednesday. read more >

A Closer Look: Arkansas Unemployment and Employment

The unemployment rate in Arkansas fell in June to 6.2 percent, but the number of people employed “continues to be a source of concern,” state economic forecaster Michael Pakko noted recently. read more >

CapRocq Takes Ownership Of Village on the Creeks (NWA Real Deals)

The Village on the Creeks was transferred for no consideration from VOC Ltd. of Rogers to CapRocq VOC LLC of Little Rock on July 14. read more >

Value Place Hotel Visited by $4M Sale (Real Deals)

A 121-room hotel in west Little Rock tipped the scales at $4.08 million. A 6,450-SF warehouse in southwest Little Rock is under new ownership after a $1.26 million sale. And a 1.57-acre office site in west Little Rock changed hands in a $374,848 transaction. read more >

Arkansas Business Presents the 2014 Power List

Arkansas Business introduced “The Power List” in 2006, and after updating it annually for a few years, we decided to spread it out. That means there have been a lot of changes in 20 industries and professions since our last installment in 2011, so we've been doing a lot of rounding up of resumes and photos in the last few weeks. read more >

Bill Simon Stepping Down As Leader of Wal-Mart's U.S. Stores

Wal-Mart Stores Inc. of Bentonville says Bill Simon, president and CEO of its U.S. stores, is leaving the company. The retailer named Greg Foran, 53, as his successor. Simon had been the leader of Wal-Mart's domestic operations since June 2010. Foran takes over on Aug. 9. read more >

Womack Backs GOP's Anti-Internet Sales Tax Stance

A Republican congressman from Arkansas who has advocated for legislation that would limit tax-free shopping online said Tuesday he agrees with a state GOP stance opposing any sales tax imposed by the federal government, saying he doesn't believe the two positions are in conflict. read more >

Group Asks Arkansas to Block Alcohol Measure

A group opposed to a proposal expanding alcohol sales in Arkansas asked state election officials Monday to block the measure from the November ballot, claiming its petitions weren't submitted by the right deadline. read more >

Fort Smith Stays on Top of Arkansas Tech Business Index

For the second consecutive month, Fort Smith had the highest ATBI value in April. The city saw a decrease of 1.6 points between March and April, however, its 106.99 rating was good enough to best its closest competitors. read more >

More Retail News>