Retail Archive

Judge Refuses to Halt Wal-Mart Proxy Distribution

by Associated Press 4/13/2014 07:32 am

A federal judge in Delaware refused on Friday to issue an injunction prohibiting Wal-Mart from sending its annual proxy statement to shareholders because it doesn't include a Manhattan church parish's proposal for a shareholder vote involving gun sales.

Wal-Mart and Wild Oats Unveil Cheaper Organic Line

by Associated Press 4/10/2014 10:01 am

Wal-Mart is using its massive size to drive down the price of organic food items from tomato paste to chicken broth to make them more affordable for its low-income customers.

Jobless Rates Fall in All Arkansas Metros

by Mark Carter 4/9/2014 09:11 am

Unemployment rates dropped year over year in all seven Arkansas metropolitan areas surveyed by the U.S. Bureau of Labor Statistics, according to data released Wednesday.

Boulevard Bread Co. Expanding Heights Location

by Lee Hogan 4/8/2014 03:22 pm

The flagship location of Boulevard Bread Co. is growing. Boulevard is expanding into the former New Traditions store on N. Grant Street in the Heights.

Multifamily Vacancy Up, Development 'Hot' Along I-540 in Bentonville, Rogers

by Marty Cook 4/8/2014 10:15 am

Vacancy rates for multifamily housing in northwest Arkansas rose in the second half of 2013, according to a Skyline Report from Arvest Bank released Tuesday.

Wal-Mart to Expand Wholesale Outlets in India

by Associated Press 4/8/2014 09:00 am

Wal-Mart Stores Inc. says it will open 50 more wholesale stores in India over the next four to five years, adding to the current total of 20 in the country.

Nontraditional Benefits, Unusual Perks Growing In Popularity

by Luke Jones 4/7/2014 12:00 am

Increasingly, companies are looking to offer benefits that fall outside the normal range: flexible hours, paid lunches, ice cream on Fridays. These perks might not be mentioned in the company handbook, but they're becoming more important in attracting a new generation of employees and keeping the old ones.

Government, Wal-Mart, Tyson Foods Remain Atop Largest Arkansas Employers List

by Marty Cook 4/7/2014 12:00 am

The names of Arkansas' largest employers remain mostly unchanged from a year ago — and every year. State government is still atop the list with nearly 57,000 employees.

Johnny Kincaid To Leave Whisenhunt

by Arkansas Business Staff 4/7/2014 12:00 am

Johnny Kincaid, chief operating officer at Little Rock's Whisenhunt Investment Group, will be leaving the firm by midyear.

Dillard's 2013 Ad Buys from Stephens Media Companies Slip in Arkansas

by Arkansas Business Staff 4/7/2014 12:00 am

In 2013, Dillard's Inc. of Little Rock spent $3.91 million for advertising to media companies associated with Little Rock investor Warren Stephens.

Labeed Diab Replaces John Agwunobi as Head of Wal-Mart's Health & Wellness Division

by Arkansas Business Staff 4/7/2014 12:00 am

Dr. John Agwunobi, who joined the Bentonville retailer in 2007 as president for the professional services division in the U.S., departed late last month. Agwunobi's replacement is Labeed Diab, whose title is senior vice president and president for health and wellness. Diab had been senior vice president for Wal-Mart U.S.'s Midwest Division.

Wage Proposal Could Have Coattails (Andrew DeMillo Analysis)

by Andrew DeMillo, The Associated Press 4/6/2014 04:23 pm

Supporters of a minimum wage increase in Arkansas say they're hoping to win support from politicians on both sides of the aisle. But with two of their top candidates supporting the proposal, Democrats clearly hope the issue has coattails.

NY Post Reports Alice Walton Might Be Buyer of $70M Penthouse

by Mark Friedman 4/4/2014 11:06 am

The NY Post reported Thursday that Alice Walton, the daughter of Sam Walton and founder of Bentonville's Crystal Bridges Museum of American Art, is rumored to be the mystery buyer of the $70 million, "Jewel of Fifth Avenue," the most expensive co-op in New York's history.

US Employers Add 192k Jobs; Rate Stays at 6.7 Percent

by Associated Press 4/4/2014 08:50 am

U.S. employers added jobs at a solid pace in March and hired more in January and February than previously thought. Friday's government report sent a reassuring signal that the economy withstood a harsh winter that had slowed growth.

Survey: US Companies Add 191K Jobs in March

by Associated Press 4/2/2014 11:31 am

A private survey shows that U.S. companies increased hiring at a healthy pace last month, suggesting that the jobs market is recovering from a brutal winter.

Dillard's Signs Credit Card Agreement With Wells Fargo

by Mark Friedman 4/1/2014 09:58 am

Dillard's Inc. of Little Rock says that Wells Fargo & Co. will handle the publicly traded department store chain's credit cards.

Sam's Show: The Spectacle of Wal-Mart's 1988 Shareholders' Meeting

by George Waldon 3/31/2014 12:00 am

Standing here in northwest Arkansas amid the appreciative gathering with sky blue “What's Important Is You” banners hanging from the rafters and scoreboard, the messes is clear: God, America, Wal-Mart. Welcome to the pageantry and spectacle of Sam Walton's capitalism rally — the 1988 Wal-Mart Shareholders' Meeting — touted as the largest shareholders' meeting in America, if not the world.

1979 Crash Hurried Magic Mart's End

by Jack Whitsett 3/31/2014 12:00 am

It's easy to forget now, but Wal-Mart wasn't always the dominant discount retailer in the world. As late as 1979, the Bentonville chain arguably wasn't even the dominant Arkansas discounter. That effectively changed the morning of Friday, Dec. 21, 1979, when a Cessna 421 twin-engine plane carrying three vice presidents of Sterling Stores Inc. slammed into a fog-covered hill 4 miles southwest of Locust Grove, near Batesville.

Andrew Kilgore: Portraits in Black and White

by Arkansas Business Staff 3/31/2014 12:00 am

Beginning with the last issue of 1984 and continuing into 1988, Andrew Kilgore photographed business legends and up-and-comers for the cover of Arkansas Business.

John Glasgow to Dillard's: ‘Call Off the Dogs'

by Gwen Moritz 3/31/2014 12:00 am

The relationship between the management of CDI Contractors LLC of Little Rock and half-owner Dillard's Inc. was under tremendous stress in the days before CDI's chief financial officer disappeared on Jan. 28.