Retail Archive

No Vacancy at Fayetteville's Evelyn Hills Shopping Center

by Arkansas Business Staff 8/24/2015 12:00 am

Matthew Dearnley said the 131,000-SF Evelyn Hills Shopping Center at 1554 College Ave. in Fayetteville is 100 percent occupied after recent leases were signed.

Series of LR Apartments Produces $65 Million Sale (Real Deals)

by George Waldon 8/24/2015 12:00 am

A quartet of Little Rock apartments sold for a combined $65 million. Affiliates of Somerset Partners LLC of New York bought the projects from affiliates of Bell Partners Inc. of Greensboro, North Carolina.

Being Interesting to Buyers (Jim Karrh On Marketing)

by Jim Karrh 8/24/2015 12:00 am

The rules of customer engagement have changed dramatically in recent years: Your potential buyers know more — or at least believe that they know more — than ever.

Sissy's Log Cabin President Bill Jones on Selling Jewelry in the Diamond State

by Arkansas Business Staff 8/24/2015 12:00 am

Bill Jones, the son of Sissy Jones, founder and CEO of Sissy's Log Cabin, and Murphy Jones, secretary-treasurer, runs much of the day-to-day business of the jewelry franchise, which has locations in Pine Bluff, Little Rock, Jonesboro and Memphis.

Dillard's Reports 16.7 Percent Dividend Increase

by Alexis Hosticka 8/20/2015 03:28 pm

Dillard's, Inc. of Little Rock announced Thursday a 7 cents per share quarterly dividend, a 16.7 percent increase from the prior dividend of 6 cents per share per quarter.

Hibbett Sports Opening Store in Lonoke

by Arkansas Business Staff 8/20/2015 07:28 am

The Lonoke store will be located at 1444 N. Center St. in the Oak Tree Plaza shopping center and will follow the typical Hibbett format of roughly 5,000-SF. It will employ eight full- and part-time workers.

Financial Quarter Planned to Revitalize More of Downtown Little Rock

by Alexis Hosticka 8/18/2015 03:20 pm

With hopes of revitalizing more of downtown Little Rock, studioMAIN is leading an effort to create the Financial Quarter, an area stretching from Sixth Street to the Arkansas River and Main Street to Broadway.

Buddy Philpot Stepping Down as Walton Family Foundation Director

by Arkansas Business Staff 8/18/2015 01:44 pm

Philpot grew the Walton Family Foundation from $40 million in annual grants to $374 million in 2014, and from a four-person staff to more than 75 employees.

AP Analysis: No Pain, No Gain for Stores Chasing Fickle Shoppers

by Anne D'Innocenzio, AP Retail Writer 8/18/2015 01:29 pm

Wal-Mart's second-quarter earnings report showed its investments in its workers and its efforts to overhaul the store experience are dragging down profits more than it expected. The comforting news for Wal-Mart's shareholders: the efforts are perking up sales and traffic at its U.S. namesake stores.

Wal-Mart's 2Q Earnings Report a Mixed Bag

by Associated Press 8/18/2015 11:36 am

Wal-Mart's second-quarter earnings report was a mixed bag: Its investments to overhaul its stores are helping to perk up sales, but they're causing more pain to the bottom line than expected.

Wal-Mart Cuts Earnings; Reports 2Q Drop

by Arkansas Business Staff 8/18/2015 07:02 am

Wal-Mart Stores Inc. of Bentonville cut its earnings outlook early Tuesday, reporting an 11.4 percent drop in second-quarter profit.

Murphy Oil USA Picks Up Sears Auto Property on Chenal

by Arkansas Business Staff 8/17/2015 12:00 am

The featured quartet of million-dollar transactions comprises a 1.33-acre site for a convenience store in west Little Rock, undeveloped apartment land in North Little Rock, a 240-unit mini-storage project in west Pulaski County and a 6,642-SF home in west Little Rock.

No Clean Bill of Wealth for Comet Cleaners Franchise

by Arkansas Business Staff 8/17/2015 12:00 am

A Little Rock company said it was taken to the cleaners when it dealt with Comet Cleaners Franchise Group LLC of Arlington, Texas.

Party City Purchase Tops $2.8 Million (Real Deals)

by George Waldon 8/17/2015 12:00 am

An 8,100-SF retail project in west Little Rock weighed in at more than $2.8 million. A 1,866-SF KFC in Little Rock changed hands in a $1.65 million sale. And a 13,190-SF warehouse in North Little Rock rang up a $625,000 transaction.

Outlets of Little Rock to Host Job Fair

by Alexis Hosticka 8/14/2015 01:12 pm

Outlets of Little Rock will host a job fair to begin the process of filling hundreds of full- and part-time positions for many of the brand-name retail stores coming to the shopping destination.

Dillard's 2Q Net Down 13 Percent, Same-Store Sales Up 1 Percent

by Lance Turner 8/13/2015 06:47 am

Dillard's Inc. of Little Rock on Thursday reported second-quarter net income of $29.9 million, or 75 cents per share, down 13 percent from $34.5 million, or 80 cents per share, in the same quarter last year.

Lonoke County Farmland, Hurricane Lake Lots Highlight Tri-County Seven-Digit Deals

by Arkansas Business Staff 8/10/2015 12:00 am

More than 570 acres in Lonoke County, 37 residential lots in Saline County, land for a commercial redevelopment in Benton and a big home in west Little Rock provide this week's quartet of million-dollar transactions.

Watergate Apartments Draw $7.8 Million Sale (Real Deals)

by George Waldon 8/10/2015 12:00 am

The sale of a 148-unit apartment complex in Little Rock tipped the scales at $7.8 million.

Survey: US Businesses Added 185K Workers in July

by Associated Press 8/5/2015 11:57 am

The rate of hiring by U.S. businesses slowed in July, according to a private survey. But job gains remained at a solid level, which should help boost overall economic growth.

Banded Holdings of Springdale Acquires Avery Outdoors

by Mark Carter 8/5/2015 09:49 am

Banded Holdings Inc. of Springdale has acquired Avery Outdoors Inc. of Memphis, which makes waterfowl hunting gear under the Avery, Greenhead Gear and Avery Sporting Dog brands.