Retail

Amazon's Surprise 2Q Profit Pushes Market Cap Past Wal-Mart
Amazon said its $99-a-year Prime loyalty program helped drive growth during the quarter.

Amazon's Surprise 2Q Profit Pushes Market Cap Past Wal-Mart

It's official: Amazon is bigger than Wal-Mart. Amazon shares surged 15 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue. The sharp increase in shares brought Amazon's market value to $259.1 billion, more than its biggest rival, Wal-Mart Stores Inc.
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ABTI Report: NWA Leads; Home Prices Drag Down Little Rock in May

May was a good month for the northwest Arkansas economy, according to the latest data from the Arkansas Tech Business Index.
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Wal-Mart Buying Remaining Stake in China's Yihaodian

Wal-Mart has purchased the remaining stake in Chinese online retailer Yihaodian as it looks to expand its presence in the country and take advantage of the shift to online shopping.
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Lessons From Amazon's Prime Day (Jim Karrh On Marketing)

What can the rest of us businesspeople learn from the success Amazon had selling so much stuff in one day? I believe Amazon's leadership made at least three good decisions when creating and planning its first Prime Day.
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NLR Medical Office Draws $1.1M Sale (Real Deals)

Innovative Real Estate LLC, led by Ahmed Ghaleb, bought the former home of Stonebriar Imaging at 3320 Springhill Drive from Arvest Bank of Fayetteville. read more >

Bentonville Developer Gets His Land at Hall Crossing (NWA Real Deals)

Jason Pullman, through his Refined Retail LLC, paid slightly more than $1.2 million for a 1.9-acre lot in front of the Walmart Supercenter at Hall Crossing on Elm Springs Road in Springdale. Bear State Bank of Rogers assisted the purchase — and presumably the construction that will soon start — with a loan of $2.65 million. read more >

KUAR Opens Online Store

Development Director Sarah Donaghy said in an email that the station launched the store in response to requests from listeners. Sales are expected to provide “an additional, though modest, revenue source,” she said. read more >

Permit Approved for Alcohol Sales at Arkansas State

A permit has been approved allowing alcohol to be served at some events on the Arkansas State University campus. read more >

Bourbon & Boots Designs Look Familiar to Vendors

Several Bourbon & Boots vendors have come forward in recent weeks saying that their designs have been dropped from the company's website and replaced with eerily similar ones. read more >

Tyson Among Poultry Giants Curtailing Antibiotic Use

Christine Daugherty is almost irrepressibly energetic. It's a trait that serves her well in her role as vice president of sustainable food production at Tyson Foods of Springdale. read more >

Winrock Place Purchase Approaches $2.9 Million (Real Deals)

The sale of a 24,817-SF office building in Little Rock's Riverdale area tipped the scales at $2.87 million. A 7,847-SF office building in west Little Rock is under new ownership after a $1 million sale. And a 10,043-SF warehouse and land in North Little Rock changed hands in an $805,000 transaction. read more >

Wal-Mart Sees Shopping Surge for Rival Sale to Amazon

Wal-Mart says its counter-offensive against Amazon's big sale called Prime Day seemed to pay off. read more >

Arkansas Business to Honor 2015 Best Places to Work at Sept. 16 Luncheon

Arkansas Business will honor its 2015 Best Places to Work in Arkansas at an awards luncheon Wednesday, Sept. 16. read more >

Answering Amazon, Wal-Mart Plans Online Sales Day This Week

The online price fight as well as the bickering is heating up between Wal-Mart and Amazon.com, and it's not even the holiday shopping season. read more >

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