Retail

Denver Firm Pays $6M For Westgate Center (Real Deals)

Denver Firm Pays $6M For Westgate Center (Real Deals)
Westgate Shopping Center at 6813 Cantrell Road.

The sale of a 53,000-SF retail center in Little Rock weighed in at $6 million. A 43,798-SF retail building is undergoing redevelopment as a warehouse after a $1.2 million deal. And a 12,175-SF office-warehouse project in the Riverdale area of Little Rock changed hands in a $714,000 sale.
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Wal-Mart's Job 1 (Gwen Moritz Editor's Note)

When Wal-Mart announced in February that it would raise the hourly pay of its lowest-paid employees to at least $10 within the following 12 months, I thought the company had finally decided its Everyday Low Price strategy might not be the be-all and end-all at Wal-Mart going forward.
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New Construction Boosts Conway on Business Index

New home construction boosted Conway to near the top of the Arkansas Tech Business Index for April 2015.
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Hutchinson Announces State Board Appointments

Gov. Asa Hutchinson announced the latest round of appointments to state boards, panels and committees. read more >

Public Advocate: NYC Funds Should Divest from Wal-Mart

New York City Public Advocate Letitia James is calling for the city's pensions funds to divest from Wal-Mart. read more >

June Economic Report Affirms Slow Growth Ahead in Midwest

Data from a June survey echo previous signs that slower economic growth likely lays ahead for nine Midwestern and Plains states, according to a report released Wednesday. read more >

Slideshow: 40 Under 40 Honorees Recognized At Luncheon

The 2015 class of Arkansas Business' 40 Under 40 were honored at a luncheon at the Embassy Suites in Little Rock on Wednesday. Each honoree gave a brief acceptance speech and answered questions such as, “What advice would you give your 20-year-old self?” and “What do you want your legacy to be 20 years from now?” read more >

Northwest Arkansas Transforming Into a Tech Hub

Northwest Arkansas isn't California's Silicon Valley and has a long way to go before it can be considered remotely comparable, but technology industry leaders say the area is proving to be on the short list of best places in the field. read more >

Wal-Mart SVP Rick Webb: NWA Needs Employees Educated in STEM

Wal-Mart needs vast numbers of technologically advanced workers and needs them as soon as possible, says SVP Rick Webb. read more >

Wal-Mart Imposes Charges on Suppliers as Costs Mount

Wal-Mart Stores will begin charging fees to almost all vendors for stocking their items in new stores and for warehousing inventory, raising pressure on suppliers as the world's largest retailer battles higher costs from wage hikes. read more >

Facebook Now Worth More than Wal-Mart on Stock Market

Facebook is now bigger than Wal-Mart, at least when it comes to its value on the stock market. The world's biggest online social network knocked the world's largest retailer out of the top 10 list of the highest-valued companies in the Standard & Poor's 500 index. read more >

Retailers Feel Pressure on Confederate Flag Merchandise

Companies that sell Confederate flags, like Arkansas' FlagandBanner.com, say that sales have already begun to surge and they have no plans to stop producing them. read more >

Arvest Survey: Arkansans Making Major Household Purchases

Arkansas consumers have more student loans but are carefully paying bills and making large purchases, according to the third installment of the spring 2015 Arvest Consumer Sentiment Survey. The survey said that 24 percent of Arkansas respondents plan to make a major household purchase in the next six months. read more >

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