Retail Archive

Central Arkansas Retail Space Vacancy Rate Drops

by Arkansas Business Staff 5/16/2016 12:00 am

The vacancy rate for retail space in central Arkansas stood at 4.7 percent in first-quarter 2016, compared with 4.8 percent in fourth-quarter 2015, according to Xceligent Inc. of Independence, Missouri, a provider of information and reports on area real estate.

Never Say Never (Gwen Moritz Editor's Note)

by Gwen Moritz 5/16/2016 12:00 am

This is the perfect time to increase the fuel tax. Gasoline remains relatively cheap in historic terms, and the price per gallon can easily fluctuate by 5 cents per day. If we are going to have decent roads, we need an adequate and reliable funding mechanism — and spending the state rainy-day fund and nickel-and-diming other government needs just screams inadequate and unreliable, doesn't it?

Killing Gators vs. Draining Swamp (Barry Goldberg On Leadership)

by Barry Goldberg 5/16/2016 12:00 am

All organizations find themselves in overload occasionally, a prolonged period when there simply are not enough resources to go around. Here are a few thoughts I have picked up over the years from knowledgeable authors and talented leaders.

US Stocks Fall as Retail Suffering Continues; Oil Slips

by MARLEY JAY, AP Markets Writer 5/13/2016 01:46 pm

U.S. stocks are skidding Friday afternoon as retailers continue to report plunging first-quarter sales. Energy companies are falling as the price of oil slips following a string of recent gains. Stocks are on track for their third straight week of losses.

Wal-Mart Shareholder Suit Over Bribery Allegations Dismissed

by Associated Press 5/13/2016 12:53 pm

A judge has dismissed a shareholder lawsuit over alleged bribery involving Wal-Mart's operations in Mexico.

US Retail Sales Show Solid Gain Despite Woes at Store Chains

by Associated Press 5/13/2016 10:41 am

Americans stepped up their online shopping and bought more autos in April, suggesting that consumers may be spending more than indicated by a slump among major retailers.

Dillard's 1Q Net Income Down $32.2M

by Alexis Hosticka 5/12/2016 04:03 pm

Dillard's Inc. of Little Rock on Thursday reported first-quarter net income of $77.4 million, or $2.17 per share, compared to net income of $109.6 million, or $2.66 per share, for the same quarter last year.

Wal-Mart Sharpens Amazon Attack With 2-Day Delivery Service

by Associated Press 5/12/2016 09:12 am

The world's largest retailer is trimming its free-shipping pilot program from three days to two for members, and cutting a dollar off the membership price, which is now $49 per year.

Wal-Mart sues Visa in Dispute Over Chip-Enabled Debit Cards

by Associated Press 5/10/2016 03:24 pm

Wal-Mart is suing Visa Inc., charging the payment network is not allowing the retail giant to let customers verify chip-enabled debit card transactions with what it believes is a more secure method: personal identification numbers.

In Alcohol Debate, Northeast Arkansas Residents Weigh Social Concerns, Dollars

by George Jared 5/9/2016 10:54 am

Beer, wine and spirit sales in northeast Arkansas have always provided residents with a conundrum. The social fabric of the region is steeped with strong religious ties, but alcohol sales account for millions of dollars of economic activity in the area.

Sissy's Log Cabin Rings Stone Ward for Ad Buys

by Arkansas Business Staff 5/9/2016 12:00 am

Sissy's Log Cabin, the jewelry company with stores in Pine Bluff, Little Rock, Jonesboro and Memphis, has switched its advertising contract from Albright Ideas to Stone Ward.

Those Meddling Kids (Gwen Moritz Editor's Note)

by Gwen Moritz 5/9/2016 12:00 am

Despite having daunting expenses, younger consumers seem less impressed with getting the lowest possible price. Instead, millennials are picky about what they spend money on.

St. John's Apartments Sells for $3.2 Million (Real Deals)

by George Waldon 5/9/2016 12:00 am

Originally led by David Henry, St. J Apartments Ltd. bought Westgate Apartments at 5001 W. 65th St. for $2 million in April 2007 and rechristened the project St. John's.

Wal-Mart Brings Back Greeters at the Store Door

by Associated Press 5/5/2016 01:34 pm

The nation's largest retailer says in a blog post this week that it's bringing back door greeters to a majority of its more than 5,000 stores by mid-summer to improve customer service.

Little Rock To Be Featured In New PBS Show

by Sarah Campbell 5/3/2016 11:27 am

Emmy-Award-winning TV host Darley Newman will dedicate an episode of her new "Travels with Darley" show to Little Rock, tourism leaders announced Tuesday. It will air this summer on PBS.

Hanna's Candle Gets Burned in Court Judgment

by Arkansas Business Staff 5/2/2016 12:00 am

Last week, Bank of America received a final judgment totaling $6.2 million against Hanna's Candle Co. of Fayetteville, its owner, Burt Hanna, and two of his limited liability companies.

List of Hancock Fabrics Store Closings Begins with Little Rock's Tanglewood Location

by Arkansas Business Staff 5/2/2016 12:00 am

For those wondering: Why was the Little Rock Hancock Fabrics store listed No. 1 among a 70-store round of closings?

Designer Jamie Davidson's Strong Suit? Vision

by Jan Cottingham 5/2/2016 12:00 am

Jamie Davidson, the founder of Little Rock clothing company Strong Suit, is ready to take on the next retailing frontier: the millennial customer.

US Employment, Earnings Gains Rose in March

by Arkansas Business Staff 5/2/2016 12:00 am

The U.S. economy continued to rebound in March, as private-sector employment and average hourly earnings rose.

Oreos, Apple and Core Knowledge (Craig Douglass On Consumers)

by Craig Douglass 5/2/2016 12:00 am

Basic. Essential. Enduring. That's what a core is. In business, we often hear the term “core competency.” In this layman's terms it could be expressed in the simple phrase “Stick with what you know.”