Retail Archive

Sources: Wal-Mart to Combine Buys for Online, In-Store Inventory

by Nandita Bose, Reuters 2/14/2017 07:37 am

Wal-Mart Stores Inc. will combine its own buying for products sold at its stores with purchases it makes for its website — a significant move to stamp out duplicate efforts as it fights Amazon.

Arkansas Business Recognizes Finalists of 29th Annual Business of the Year Awards

by Arkansas Business Staff 2/13/2017 12:00 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards.

Surety Bonds and Marijuana Dispensaries (Todd Bryant Commentary)

by Todd Bryant 2/13/2017 12:00 am

Among the requirements for the medical marijuana dispensaries to operate in Arkansas is a medical marijuana surety bond.

Sticker Price Totals $41.5M for McLarty Package of North Point Deals

by Arkansas Business Staff 2/13/2017 12:00 am

Little Rock's McLarty Auto Group bought five auto projects from Asbury Automotive Group of Duluth, Georgia.

Amazon to Begin Collecting Sales Taxes in Arkansas in March

by Andrew DeMillo, The Associated Press 2/10/2017 11:20 am

Amazon says it will begin collecting sales taxes on purchases in Arkansas, a move that lawmakers have said could bring millions in additional revenue to the state.

Developers Finish, Start Projects on Main Street in Little Rock, North Little Rock

by Arkansas Business Staff 2/9/2017 02:24 pm

Two Main Street redevelopments — one on each side of the Arkansas River — were announced this week by Moses Tucker Real Estate Inc. and Newmark Grubb Arkansas.

Retail Group: Sales to Grow 3.7 Percent to 4.2 Percent

by Anne D'Innocenzio, The Associated Press 2/8/2017 10:24 am

The nation's largest retail trade group is predicting that annual retail sales will increase between 3.7 percent and 4.2 percent this year.

Wal-Mart Aims to Leverage British Arm Asda Back to Health

by James Davey, Reuters 2/8/2017 10:11 am

Wal-Mart is throwing its weight as the world's largest retailer behind its struggling British arm Asda after admitting it was too slow to respond effectively to the threat posed by the discount supermarkets.

Arkansas House Passes Bill Aimed at Collecting Amazon Taxes

by Andrew DeMillo, The Associated Press 2/8/2017 06:58 am

Amazon would be required to tell Arkansas customers they owe the state sales tax under a bill approved by the House Tuesday, one of two efforts by lawmakers to recover millions in tax revenue from the e-commerce giant.

In Jonesboro, 2 Convention Center Projects Take Shape

by Todd Traub 2/7/2017 01:10 pm

After years of trying for one, the city now has two hotel and convention center facilities in various stages of development and construction, one near the interstate and one on the Arkansas State campus.

Arkansas Senate OKs Bill Forcing Amazon to Collect Taxes

by Associated Press 2/6/2017 04:36 pm

The Arkansas Senate has approved a bill aimed at forcing Amazon to begin collecting state sales taxes, a plan backed by Wal-Mart and lawmakers who say the state is missing out on $100 million in revenue.

Walton Foundation Contributes $750K to Delta Business Loans

by Arkansas Business Staff 2/6/2017 10:09 am

The Walton Family Foundation says it is partnering with Southern Bancorp Community Partners to promote economic development in the Delta with a $750,000 investment.

Costco Hasn't Hit Pay Dirt Yet in Little Rock

by Arkansas Business Staff 2/6/2017 12:00 am

For now, Costco officials are in a Catch-22 with the Little Rock market, unable to match an acceptable price with an acceptable location.

Push On To Collect Sales Tax Online

by Mark Friedman 2/6/2017 12:00 am

Online sales grew to 8.2 percent of all retail sales in the U.S. last year, and projections of continued growth finally seem to be creating the political will to tax internet purchases.

Cocoa Belle Opens Store In Bryant

by Jan Cottingham 2/6/2017 12:00 am

Carmen Portillo, Cocoa Belle's owner, operator and chief chocolatier, joins chocolate-makers Ashton Woodward (Cocoa Rouge) and Nathaniel Izard (Izard Chocolate) in offering premium chocolate in central Arkansas.

Lottery Ad Contract Process Reveals Fissures

by Kyle Massey 2/6/2017 12:00 am

It wasn't smooth, but the Arkansas Scholarship Lottery has a new advertising agency, CJRW of Little Rock.

Brain Training (Gwen Moritz Editor's Note)

by Gwen Moritz 2/6/2017 12:00 am

I have had a rich opportunity to observe several logical fallacies used by seemingly rational adults.

Stonehaven Purchase Surpasses $7.1 Million (Real Deals)

by George Waldon 2/6/2017 12:00 am

The 60-unit assisted living project in Maumelle was sold by Stonehaven Assisted Living LLC, led by James Thomas. The deal is financed with a $5.2 million loan from First Security Bank of Searcy.

Terraforma Buys NLR Riverfront Land for Entertainment District

by Sarah Campbell 2/3/2017 11:10 am

Terraforma LLC of Maumelle says it has purchased 5.6 acres along the Arkansas River near Broadway Bridge from the city of North Little Rock for $2.6 million.

Arkansas Revenue Falls $57M Below Forecast for Year

by Associated Press 2/2/2017 10:09 am

Arkansas finance officials say the state's revenue has fallen $57 million below forecast this year, with word coming the day after the state's Republican governor signed into law an income tax cut that'll take effect in two years.

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