Retail Archive

Biggest Deals in Arkansas Rise 11 Percent in 2016

by Jan Cottingham 2/20/2017 12:00 am

Both the value and the volume of mergers and acquisitions in Arkansas rose last year, with the value increasing 11 percent to $9.8 billion and the volume rising 10 percent to 92.

Searcy Upgrades Infrastructure for Chance at New 'Power Center' for Shopping

by George Waldon 2/20/2017 12:00 am

Public, private and public-private developments representing tens of millions of dollars in construction are in motion in Searcy. Three projects highlighting each category alone tally more than $42 million.

Just Because One Can ... (Gwen Moritz Editor's Note)

by Gwen Moritz 2/20/2017 12:00 am

It may not be illegal for President Trump to tweet-shame a department store chain for dropping his daughter's line of fashion merchandise, but just because he can doesn't mean he should.

Arkansas Taxable Sales Up in 4Q

by Arkansas Business Staff 2/20/2017 12:00 am

Arkansas' taxable sales rose a seasonally adjusted 0.4 percent in the fourth quarter of 2016 and were up 1.8 percent compared with a year earlier.

Rock Capital to Develop $16M-$17M Downtown Little Rock Hotel

by Sarah Campbell 2/17/2017 04:12 pm

Rock Capital Real Estate of Little Rock says it is buying the historic Hall and Davidson buildings at 201-215 W. Capitol Ave. with plans to develop a boutique hotel.

Mathis, Arnold Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/17/2017 07:00 am

Rusty Mathis of Ben E. Keith Foods and Betsy Broyles Arnold of the Frank & Barbara Broyles Legacy Foundation win executive of the year awards at the 29th annual Arkansas Business of the Year Awards.

US Consumer Prices Post Biggest Rise in Nearly 4 Years

by Associated Press 2/15/2017 11:04 am

U.S. consumer prices rose in January at the fastest pace in nearly four years, strengthening the case for the Federal Reserve to raise interest rates this year.

Wal-Mart Buys Outdoor Clothes and Gear Seller Moosejaw for $51M

by Anne D'Innocenzio, The Associated Press 2/15/2017 10:10 am

Wal-Mart has acquired the outdoor clothing and gear seller Moosejaw for $51 million as it expands its online offerings.

House Panel Rejects Effort to Collect Online Taxes

by Andrew DeMillo, The Associated Press 2/14/2017 04:14 pm

An effort to collect sales taxes in Arkansas from online retailers has failed before a House committee, days after Amazon announced it would begin collecting taxes on purchases in the state.

Chick-fil-A, Chili's on Tap for Clinton National Airport

by Lance Turner 2/14/2017 11:05 am

Chick-fil-A and Chili's are coming to the Bill and Hillary Clinton National Airport, pending approval by the airport's commission.

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.

New Bill Would Earmark Amazon Sales Tax for More Cuts

by Ibby Caputo, Arkansas Nonprofit News Network 2/14/2017 06:51 am

Last week, Amazon announced it planned to voluntarily collect sales tax in Arkansas starting in March. Now, a bill filed in the House seeks to dedicate that revenue to reducing income tax.

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.

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