Retail Archive

Developers See Surge In Northwest Arkansas Activity

by Marty Cook 3/23/2015 12:00 am

Cody Crawford, the president of C.R. Crawford Construction of Fayetteville, has his hands full with work these days. He's not alone — the region is showing signs of shrugging off the hangover of the recession.

Conway Builders Enjoying Boom as City Expands

by Sean Beherec 3/23/2015 12:00 am

The city of Conway is on the verge — if it hasn't reached it yet — of a boom in commercial real estate availability. Just up Interstate 40 from Little Rock, the city has been the host of several recent development projects and is set to begin more in the coming years.

$6 Million Transaction Visits LR Airport Hotel (Real Deals)

by George Waldon 3/23/2015 12:00 am

A 201-room hotel and adjoining restaurant in east Little Rock tipped the scales at $6 million. Two Walgreens were sold for a combined $10.7 million. And the Village Shopping Center in Little Rock rang up a $3.04 million sale.

Gabe Holmstrom to Lead Downtown Little Rock Partnership

by Arkansas Business Staff 3/20/2015 08:59 am

The Downtown Little Rock Partnership on Friday announced Gabe Holmstrom as its new executive director.

Hunt Brothers Rules Rural Pizza Market from Gas Stations

by Associated Press 3/19/2015 12:24 pm

If you're looking for pizza along the Andersonville Highway between the Museum of Appalachia and a mountain lake created by the Tennessee Valley Authority, your best bet may be the same place where you buy your bait and fill up your car.

Judge OKs $10M Settlement in Target Data Breach

by Associated Press 3/19/2015 11:18 am

A Minnesota judge has approved a settlement in which Target Corp. will pay $10 million to settle a class-action lawsuit over a massive data breach in 2013.

Judge Refuses to Dismiss Redman & Associates' Lawsuit Against Sales Chief

by Marty Cook 3/19/2015 09:45 am

A federal judge denied a Chinese toy manufacturer's partial motion to dismiss four counts in a $40 million lawsuit filed against it by a Rogers company.

Haag Brown to Develop New Retail Site in Searcy, Will Include Starbucks

by Arkansas Business Staff 3/12/2015 01:29 pm

Haag Brown Development of Jonesboro announced plans Thursday for a new retail project that will include a Starbucks and Arkansas Braces at the corner of East Race and rand Drive in Searcy.

US Retail Sales Fall for 3rd Month as Auto Purchases Drop

by Associated Press 3/12/2015 10:56 am

U.S. retail sales fell in February, as auto purchases dropped by the most in more than a year and Americans spent less at restaurants and home improvement stores.

Attorney Subpoenas Wal-Mart Records in Redman's Fight with Chinese Company

by Marty Cook 3/9/2015 07:22 am

An attorney for Redman & Associates, a Rogers company currently embroiled in legal action with a Chinese toy manufacturer, said he has subpoenaed records from Wal-Mart Stores Inc. of Bentonville.

BridgeWay Center Sells for Big Price in Recent Million-Dollar Deals

by Arkansas Business Staff 3/9/2015 12:00 am

A 103-bed behavioral health facility in North Little Rock, a pair of pharmacy stores, a 62-room hotel in North Little Rock, a Sherwood tractor dealership and a Little Rock home comprise this installment of million-dollar real estate deals in Pulaski County.

We Speak Hendren (Editorial)

by Arkansas Business Editors 3/9/2015 12:00 am

Last week, State Rep. Kim Hendren was discussing House Bill 1077, which would require public universities and colleges in Arkansas to allow faculty and staff having concealed carry licenses to bring firearms on campus. "Without exception," said Hendren, "[the colleges and universities] said leave the law as it is."

Gander Mountain Draws $7.2 Million Transaction (Real Deals)

by George Waldon 3/9/2015 12:00 am

The sale of a 123,872-SF store in Sherwood tipped the scales at $7.2 million. A 25,000-SF office-warehouse facility in North Little Rock weighed in at $2.19 million. And the location for a convenience store development in west Little Rock was assembled in two deals totaling $2.1 million.

McLarty Automotive Group Buys Missouri Dealership From Frank Fletcher

by Lance Turner 3/4/2015 02:39 pm

Mark McLarty's McLarty Automotive Group said Wednesday that it has purchased Frank Fletcher Honda of Columbia, Missouri, from Frank Fletcher of North Little Rock.

US Supreme Court Allows Challenge to Colorado Internet Tax Law

by Associated Press 3/3/2015 11:50 am

A unanimous Supreme Court ruled Tuesday that federal courts can hear a dispute over Colorado's Internet tax law. One justice suggested it was time to reconsider the ban on state collection of sales taxes from companies outside their borders.

Vestcom International to Move Headquarters to One Cantrell Building

by Lance Turner 3/3/2015 11:29 am

Vestcom International has signed a lease for four suites totaling more than 37,000 SF in the One Cantrell building at 2800 Cantrell Road in Little Rock.

Nine Billionaires with Arkansas Ties Make Forbes 500 List

by Mark Carter 3/2/2015 10:33 am

Nine billionaires with Arkansas ties find themselves on the most recent Forbes 500 list of the world's richest people, released this week.

Pyramid Transaction Adds Up to $2.9M (Real Deals)

by George Waldon 3/2/2015 12:00 am

A 17,192-SF commercial project in west Little Rock weighed in at $2.9 million. More than 168 acres near Maumelle are under new ownership after a $1.2 million foreclosure sale. And an 11.5-acre apartment tract in west Little Rock changed hands in a $1.1 million deal.

Banded Brands Hear Call to Springdale

by Arkansas Business Staff 3/2/2015 12:00 am

Chuck Browning, CEO of Banded Holdings Inc. of Fayetteville, says part of a recent $10 million investment includes buying the Banded Brands license from Maxx Outdoors of Council Bluffs, Iowa. The price paid for the license wasn't publicly disclosed, but some of the money raised went for working capital and inventory, Browning said.

Beer Tourism Contributing to Growth in Industry

by Sean Beherec 3/2/2015 12:00 am

Tourism officials around the state are banking on growing interest in craft beers, leveraging the brewing industry's popularity to draw business to breweries and to the state's other attractions.