Retail Archive

Bourbon & Boots Launches Jewelry Line with Dillard's

by Mark Carter 2/23/2015 01:48 pm

Innovate Arkansas client firm Bourbon & Boots, from Little Rock entrepreneur Matt Price, has partnered with Dillard's, the department store chain based in Little Rock, to launch a new line of Southern-themed jewelry.

Infiniti, Walgreens Locations Lead Off Recent Million-Dollar Deals

by Arkansas Business Staff 2/23/2015 12:00 am

Our offerings are varied in this edition of million-dollar transactions: An auto dealership, a Walgreens, an office-warehouse, a neighborhood retail center, a parking lot and a big home.

Floating All Boats (Editorial)

by Arkansas Business Editors 2/23/2015 12:00 am

For Wal-Mart, a retailer with razor-thin margins, to raise the pay of so many people to a level significantly higher than the current federal minimum wage of $7.25 means many things.

What's It Worth to You? (Gwen Moritz Editor's Note)

by Gwen Moritz 2/23/2015 12:00 am

There's a big difference between Chinese buyers of high-end wines and their Western competitors, according to documentarian Warwick Ross: The Western buyers bought wines as investments, which limited the prices they were willing to pay. The Chinese bought them to drink and to give as gifts.

Investors Scoop Up Former Dollar Generals (NWA Real Deals)

by Arkansas Business Staff 2/23/2015 12:00 am

An investment group bought two former Dollar General buildings in northwest Arkansas for a total of $775,900. Raymond Merrill paid $1.9 million for University Village Center at 1545 W. 15th St. in Fayetteville. And Adam Yates, owner of Razorback Awning & Ironworks, bought the former home of Dennis Home Furnishings at 3525 S. School Ave. in Fayetteville.

Wilmington Apartments Visited by $3.9M Sale (Real Deals)

by George Waldon 2/23/2015 12:00 am

The sale of a 120-unit apartment complex in North Little Rock weighed in at $3.85 million. Construction of a 25,000-SF home improvement store is in motion after a $2.1 million land deal in west Little Rock. And a 55,565-SF mini-storage facility in southwest Little Rock tipped the scales at $1.7 million.

Seeds of Truman Arnold Began with Road Runner

by George Waldon 2/23/2015 12:00 am

TAC Air was launched nearly 30 years ago as Road Runner Aviation, a subsidiary of Truman Arnold Cos. ranked by Forbes at No. 215 among the largest private companies in America with more than $2.1 billion in revenue.

Conway Hopes To Lure Business to New Airport at Cantrell Field

by Sean Beherec 2/23/2015 12:00 am

Nearly six months after the opening of the new Conway municipal airport, the facility is already buzzing with activity. The planners behind the project have also set their sights on the next steps to grow its role in the state and attract business.

Wal-Mart Battles Manhattan Church Concerned About Firearm Sales

by Mark Friedman 2/23/2015 12:00 am

Wal-Mart Stores Inc. has asked the 3rd U.S. Circuit Court of Appeals to toss out a ruling that would force the retailer to let shareholders vote on a proposal from a Manhattan Episcopal church concerned about firearm sales.

Redman & Associates Adds Details to Claims Against Chinese Toy Maker

by Marty Cook 2/19/2015 02:08 pm

A Rogers vendor has alleged that a Chinese toy manufacturer cost it a $70 million contract with Wal-Mart Stores Inc. of Bentonville.

Asa Hutchinson Names Gary 'Bud' Roberts to Lead ABC

by Arkansas Business Staff 2/19/2015 01:06 pm

Gov. Asa Hutchinson on Thursday announced Gary "Bud" Roberts as the new director of the Arkansas Alcoholic Beverage Control Division.

Wal-Mart Beats 4Q Profit Forecasts

by Associated Press 2/19/2015 07:50 am

Wal-Mart Stores Inc. reports fiscal fourth-quarter earnings of $4.97 billion.

Wal-Mart to Give Nearly 40 Percent of US Workers Pay Raises

by Associated Press 2/19/2015 07:39 am

Wal-Mart Stores Inc. is spending $1 billion to make changes to how it pays and trains hourly workers as the embattled retailer tries to reshape the image that its stores offer dead-end jobs.

Feds Say Wal-Mart Was Biased Against Lesbians

by Associated Press 2/18/2015 05:44 pm

A federal agency says Wal-Mart discriminated against a lesbian employee who sought health coverage for her ailing wife and has ordered "a just resolution" for violating her civil rights.

3Q Profit at America's Car-Mart Rises to $7.5M

by Marty Cook 2/18/2015 05:38 pm

America's Car-Mart Inc. of Bentonville reported third-quarter earnings of $7.5 million in fiscal 2015, an increase from $1.5 million from the same quarter in 2014.

Wal-Mart Driver Appeals in Bid to Delay Tracy Morgan Crash Lawsuit

by Associated Press 2/18/2015 09:42 am

A Wal-Mart driver involved in a highway crash that killed a comic and severely injured actor-comedian Tracy Morgan has asked a judge to reconsider her decision not to delay Morgan's lawsuit against the company.

XCelerate Capital Invests $250k in ARK Challenge Alum Tagless Style

by Mark Carter 2/16/2015 12:01 pm

Rod Ford's new Little Rock early-stage seed fund XCelerate Capital has invested $250,000 in Tagless Style, the ARK Challenge and Innovate Arkansas firm that partnered with Goodwill of Arkansas to "upcycle" second-hand clothes.

Mexico, Wal-Mart Act to Improve Farmworkers' Lives

by Associated Press 2/16/2015 11:09 am

Wal-Mart, meanwhile, separately announced that it was reminding its in-house buyers to purchase produce only from farms that meet its standards of adequate treatment of workers

Central Arkansas Commercial Vacancy Rate Drops

by Arkansas Business Staff 2/16/2015 12:00 am

The vacancy rate for commercial office space in central Arkansas declined in the fourth quarter, Central Arkansas Commercial Data Exchange said in its latest report.

Lakewood Manor Buy Checks In at $3.7M (Real Deals)

by George Waldon 2/16/2015 12:00 am

An 85-bed nursing home in North Little Rock tipped the scales at $3.7 million. A 42,500-SF mini-storage facility in southwest Little Rock weighed in at $2.35 million. And a 47,906-SF building in downtown Little Rock changed hands in a $1.6 million deal.