Retail Archive

Walmart Delivery Policy Presses Its Suppliers

by Marty Cook 4/9/2018 12:00 am

Walmart Inc.'s delivery requirements for its suppliers got even stricter April 1 when new metrics took effect.

Arkansas Sees Increase in Personal Income

by Arkansas Business Staff 4/9/2018 12:00 am

Personal income in Arkansas rose 3.2 percent in 2017, the U.S. Bureau of Economic Analysis reported late last month. That increase beat the average for all the states of 3.1 percent.

Employers, Employees Turning to Gig Work

by Marty Cook 4/9/2018 12:00 am

Shawn Camp is a happy participant in the gig economy, so named for the members of the workforce who take contract jobs — gigs — rather than long-term permanent employment with a single employer.

Pediatrics Plus Attracts $9.5 Million Transaction (Real Deals)

by George Waldon 4/9/2018 12:00 am

EMR Land Co. LLC of Reno, Nevada, and the JWDM Trust of Los Angeles bought the 32,788-SF developmental preschool at 1540 Country Club Road in Sherwood from Pediatrics Plus Real Estate Sherwood LLC, led by Todd Denton.

US Added Modest 103K Jobs in March; Rate Stays 4.1 Percent

by Associated Press 4/6/2018 08:16 am

U.S. employers added a modest 103,000 jobs in March after several months of bigger gains, though the government's overall jobs report suggests that the labor market remains healthy.

Bankruptcy Judge Rules Against Cantrell Drug

by Mark Friedman 4/5/2018 10:59 am

A U.S. Bankruptcy Court judge rules against Cantrell Drug Co.'s request to stay a federal regulators' civil lawsuit, which now threatens to put the Little Rock compounding pharmacy out of business.

Gearhead Chief Puts Money Where Youth Is, in Downtown Jonesboro

by Todd Traub 4/4/2018 10:38 am

These days, Gearhead founder Ted Herget can be seen driving, biking — or sometimes riding a motorized longboard — around Jonesboro, keeping tabs on the residential complexes he has built or is developing.

Southwest Auto Collection Buys 3-Dealership Complex in Arkadelphia

by Arkansas Business Staff 4/4/2018 09:44 am

Southwest Auto Collection, led by President Chris Byrd and Owner James Morgan, has purchased Gildner Automotive Group at 1501 N. 10th Street.

March Revenue in Arkansas 3 Percent Below Forecast

by Arkansas Business Staff 4/3/2018 11:24 am

Arkansas' net available general revenue in March was $342.1 million, slightly below the same month last year and nearly 3 percent below forecast.

How the Goldens Ruled: Fed Report on Allied Notes Self-Dealing, Insider Abuse

by George Waldon 4/2/2018 12:00 am

The narrative of the report is dominated by criticism of the Goldens, by title rather than name, and the bank board they held sway over.

Middling and Mediocre (Craig Douglass On Consumers)

by Craig Douglass 4/2/2018 12:00 am

Retail growth has been on the extreme ends of the spectrum, with those mainstream-conscious stores in the middle maintaining a recession-related status quo. Little to no sales growth.

Adam Mitchell of Citizens Bank Says Expansion in Arkansas Will Come Naturally

by Arkansas Business Staff 4/2/2018 12:00 am

Adam Mitchell talks about his recent move from Simmons Bank to Citizens Bank as president and chief lending officer.

Walmart Reportedly Eyes Deal with Insurer Humana

by Associated Press 3/30/2018 11:13 am

Walmart may be looking to dive deeper into the rapidly evolving health care market by acquiring the insurer Humana, according to The Wall Street Journal, which says the company is in early talks with Humana, a major provider of Medicare Advantage coverage for people age 65 and older.

Walmart to Move Formal Business Out of Walton Arena Party

by Lance Turner 3/29/2018 09:47 am

Walmart Inc. of Bentonville said Wednesday that it will change the format of its annual shareholders meeting, which takes place June 1 at Bud Walton Arena at the University of Arkansas in Fayetteville.

Walmart Removes Cosmopolitan Magazine From Checkout Aisles

by Associated Press 3/28/2018 01:39 pm

Walmart says it was a business decision to remove Cosmopolitan magazine from its checkout aisles, but some groups have raised concerns about the sexual content of the publication marketed to women.

First Pentecostal Buys Up More Land in NLR

by Arkansas Business Staff 3/26/2018 12:00 am

Church land in North Little Rock; an office building, retail project and commercial land in Little Rock; and a rural residence in west Pulaski County form this week's group of multimillion-dollar real estate transactions.

In Personal Use of Company Jets, Tyson Soars

by Mark Friedman 3/26/2018 12:00 am

Arkansas Business reviewed proxy documents from 17 publicly traded companies based in Arkansas to report on those that offer executives the perk of using the company jet for personal trips.

Clinton National Airport Lands Jobs as Envoy Air Ramps Up

by George Waldon 3/26/2018 12:00 am

The prospects are looking brighter for a service and completion center for corporate jets that went dark five years ago at the Bill & Hillary Clinton National Airport.

Plan Now for a 'Black Sky Event' (David Maxwell Commentary)

by David Maxwell 3/26/2018 12:00 am

The causes that would trigger a black sky event take the response and restoration to a new level. In a longer electrical outage, the cascading effects magnify.

Reform Occupational Licensing Rules (David Mitchell & Thomas Snyder Commentary)

by David Mitchell and Thomas Snyder 3/26/2018 12:00 am

Occupational licensing is a harsh regulation because it makes employment an illegal act without the state's permission.