Retail Archive

Wal-Mart Beats 3Q Profit Forecasts

by Associated Press 11/17/2015 06:45 am

Wal-Mart Stores Inc. of Bentonville reported improved customer traffic and an uptick in a key sales figure during the third quarter, even as a stronger dollar pressured its performance overseas.

Berkshire Hathaway Reduces Goldman Sachs, Wal-Mart Stakes

by Associated Press 11/16/2015 09:56 am

Investor Warren Buffett's company sold some of its Goldman Sachs and Wal-Mart shares during the third quarter, and made several smaller changes to its stock portfolio.

Dillard's 3Q Net Income Down 17 Percent; Same-Store Sales Down 4 Percent

by Lance Turner 11/16/2015 07:22 am

Dillard's Inc. of Little Rock is the latest retailer to report disappointing earnings ahead of the holiday shopping season. Shares ended the day down 6 percent.

Sherwood Lisa Academy Among Matthews Properties Tangled in Mortgage Shuffle

by Arkansas Business Staff 11/16/2015 12:00 am

It appears that Matthews Management Co. of Little Rock, one of the businesses descended from the Justin Matthews Sr. real estate empire in North Little Rock, is kaput.

Chenal Verizon Property Deal Leads Off Million-Dollar Quartet

by Arkansas Business Staff 11/16/2015 12:00 am

A commercial project in west Little Rock, a 100-room motel in southwest Little Rock, a commercial project near Mabelvale and a big home in Maumelle provide this week's quartet of million-dollar real estate transactions in Pulaski County.

Legal Troubles for Former Landers Employee Inflate Over Alleged Tire Theft

by Arkansas Business Staff 11/16/2015 12:00 am

Kevin Kinsey, a former employee of Landers Toyota of Little Rock, had been accused of stealing $441,000 in tires and accessories, and now he's facing a lawsuit from his former employer.

Chocolate Maker Nathaniel Izard Opens Hillcrest Shop

by Arkansas Business Staff 11/16/2015 12:00 am

Nathaniel Izard, who's been selling his chocolate at the Hillcrest Farmers Market since last year, has opened up a storefront at 623 Beechwood St. in Hillcrest across from Kroger. There he sells truffles and caramels in addition to his 2.8-ounce bars.

Retail Construction Projects Fall in Arkansas

by Mark Friedman 11/16/2015 12:00 am

Even though fewer retail projects are under construction in Arkansas this year compared with last, retail developers aren't worried. They're busy working on retail projects for next year.

Harps Expands Amid Competition from Wal-Mart, Kroger, Others

by Gwen Moritz 11/16/2015 12:00 am

Harps sold $708 million worth of groceries in the fiscal year that ended in August, enough to make it one of the 15 largest private companies based in Arkansas but a rounding factor for Wal-Mart Stores Inc., headquartered 18 miles away in Bentonville.

Uptown Fayetteville Rediscovers Popularity

by Marty Cook 11/16/2015 12:00 am

Jeremy Hudson and others are putting faith and money into the Steele Crossing area of north Fayetteville.

Commercial Construction Finds Home In Jonesboro

by George Waldon 11/16/2015 12:00 am

Several new projects and redevelopments along Jonesboro's thoroughfares are simmering, contributing to a tally of commercial construction that topped $66 million through the first nine months of 2015.

US Retail Sales Crawl Upward in October, Led by Online Shopping

by Associated Press 11/13/2015 11:35 am

Americans ramped up their online shopping and restaurant spending in October, but barely-there inflation kept overall retail sales growth muted.

JC Penney Reports Loss, Sales Growth, But Shares Skid

by Associated Press 11/13/2015 11:27 am

J.C. Penney reported stronger-than-expected sales for the third-quarter, but the department store operator's failure to raise its forecast for the year appeared to add to worries that the holiday shopping season could turn out to be a dud.

Stocks Set to End Winning Streak as Retail Gets Slammed

by Associated Press 11/13/2015 11:15 am

Sharp declines in retailers are dragging stocks lower as the market heads for its first losing week after six straight weeks of gains.

Wal-Mart Syncs Black Friday Deals Online And In Store

by Associated Press 11/12/2015 06:50 am

Wal-Mart Stores says it is offering most of the same Black Friday "doorbuster" deals online and in stores for the first time and giving online shoppers an early jump on the sales.

Macy's 3Q: A Glimpse of What's to Come This Holiday Season?

by Associated Press 11/11/2015 11:53 am

The opening of the retail earnings seasons began ominously with Macy's, which dragged shares of almost every retailer sharply lower Wednesday.

Wal-Mart VP: Human Resources Management Evolves With Technology

by Marty Cook 11/11/2015 09:50 am

Managing human resources, like just about every other facet of running a business, has changed with and because of technology.

Malvern National Bank Opens New Branches in Little Rock, Conway

by Arkansas Business Staff 11/10/2015 01:24 pm

MNB announced Friday the opening of two new bank branches, one at Gateway Town Center on Bass Pro Parkway in Little Rock and another on Markham Street in Conway.

Rock Region Metro Proposes 1/4-Cent Sales Tax

by Alexis Hosticka 11/10/2015 08:55 am

The Rock Region Metro board of directors unanimously approve a resolution to pursue a quarter-cent sales tax to provide dedicated funding for public transit.

Nearly $4.3M Transaction Visits Midtown Church (Real Deals)

by George Waldon 11/9/2015 12:00 am

The sale of a church in midtown Little Rock weighed in at $4.27 million. A 23,970-SF retail center in west Little Rock tipped the scales at $3.52 million. And a North Little Rock clinic sold for $2.4 million.