Retail Archive

Unemployment Rates in Arkansas Cities Vary Widely

by Arkansas Business Staff 8/15/2016 12:00 am

Unemployment rates rose slightly in Arkansas metro areas in June, but rates are still lower than a year ago, notes Michael Pakko, chief economist at the Institute for Economic Advancement at the University of Arkansas at Little Rock.

Tepid Retail Sales Lower Expectations for US Economic Growth

by Associated Press 8/12/2016 11:37 am

A sluggish month of retail spending has tempered expectations for the U.S. economy's growth in the coming months.

Wal-Mart, Hostess Collaboration Delivers 'Deep Fried Twinkies'

by Anne D'Innocenzio, The Associated Press 8/12/2016 07:35 am

The deep-fried Twinkie is jumping from the state fair to the home freezer thanks to a yearlong collaboration between Hostess and Wal-Mart, as both companies look to spark food sales with innovative products.

Dillard's Same-Store Sales Down 5 Percent, Net Income Down 59 Percent

by Lance Turner 8/11/2016 03:31 pm

Dillard's Inc. of Little Rock reports another tough quarter marked by declining sale-store sales and net income. "The challenges facing apparel retailers continued through the second quarter, and our poor results reflect this," CEO William Dillard says.

Macy's to Close 100 Stores, Boost Online Investment

by Associated Press 8/11/2016 11:45 am

Macy's plans to close about 100 stores next year and boost its online investments as it tries to become more nimble in an increasingly fierce market.

18 Cities See Increased ATBI Ratings in Latest Report

by Arkansas Business Staff 8/9/2016 11:20 am

Eighteen of the 20 cities on the Arkansas Tech Business Index saw their rating increase following the compilation of data for May 2016. Just one month earlier, 15 of the 20 cities on the index experienced a rating decrease.

Aetna Cuts Hot Springs Village Pharmacy from Medicare Network

by Arkansas Business Staff 8/8/2016 12:00 am

A pharmacy in Hot Springs Village has hauled an insurance company to court for attempting to kick it out of its network.

Ten Arkansas Business Icons Have Stories to Tell

by Gwen Moritz 8/8/2016 12:00 am

Arkansas Business presents these ten Arkansas business icons as a way to acquaint readers with the personalities behind some of the most familiar names in our state's business community.

FedEx Development Delivers $31.7M Deal (Real Deals)

by George Waldon 8/8/2016 12:00 am

Wilark LLC, an affiliate of Realtech Construction Co. of Los Angeles, bought the 311,684-SF FedEx Ground facility in southwest Little Rock.

US Trade Deficit Hits $44.5B, Biggest in 10 Months

by Associated Press 8/5/2016 11:35 am

The U.S. trade deficit increased to the highest point in 10 months, driven up by a big rise in imports of oil and Chinese-made computers, cell phones and clothing.

US Adds A Robust 255K Jobs; Unemployment Stays 4.9 Percent

by Associated Press 8/5/2016 08:02 am

Employers added a healthy 255,000 jobs last month, a sign of confidence amid sluggish growth that points to a resilient U.S. economy.

Wal-Mart Launches New Scheduling System

by Associated Press 8/5/2016 06:21 am

Wal-Mart, the nation's largest private employer, has launched a new scheduling system in about 650 Neighborhood Market stores that gives hourly workers more certainty about their schedules.

Historic Melba Theater in Batesville Reopens Aug. 12

by Arkansas Business Staff 8/3/2016 12:07 pm

One of the state's oldest theaters, the Melba Theater in Batesville, will reopen Aug. 12 with a grand opening, red carpet gala thanks to the restoration efforts of owners Janelle and Joe Shell and Mandi and Adam Curtwright.

James at the Mill Partners With Chef Shuttle

by Arkansas Business Staff 8/1/2016 02:46 pm

James at the Mill's Ozark Plateau Cuisine is now available for delivery from 4:30-9:30 p.m. Tuesday through Saturday through Chef Shuttle, the restaurant announced Monday.

Tyson Foods Names Tim Madigan VP of E-Commerce

by Arkansas Business Staff 8/1/2016 11:07 am

Tyson Foods Inc. of Springdale fills the newly-created role of vice president of e-commerce with Tim Madigan, the former global e-commerce director of SC Johnson & Son of Racine, Wisconsin.

Maumelle T-Shirt Maker Featured in Google Report

by Sarah Campbell 8/1/2016 10:35 am

Maumelle T-shirt maker Rock City Outfitters was recently featured in Google's 2015 Economic Impact Report after its use of the internet giant's analytics tool helped Rock City learn more about its customer base.

Tri-State Truck Center Building $13M Dealership in NLR

by Sarah Campbell 8/1/2016 09:53 am

Construction of a new Tri-State Truck Center dealership at 8901 Diamond Drive in North Little Rock is expected to begin this week and wrap up in about a year, according to co-owner Jim Maddox.

Sissy Jones Fights the Good Fight Against Cancer

by Arkansas Business Staff 8/1/2016 12:00 am

Sissy Jones, founder of Sissy's Log Cabin, missed being honored with the Lifetime Achievement Award from the Women's Jewelry Association last month. What they may not know is that Jones is fighting cancer, a battle that meant she couldn't attend the July 25 Awards for Excellence gala in New York.

Fort Smith Family Accused of Food Stamp Fraud Focus of Additional Investigations

by Arkansas Business Staff 8/1/2016 12:00 am

The U.S. government recently filed a civil lawsuit in U.S. District Court in the Western District to keep the money it took from Raja Zaman and his son, Haroon “Harry” Zaman, who owns several Fort Smith convenience stores.

NLR Bowling Project Rolls Out $2.3M Sale (Real Deals)

by George Waldon 8/1/2016 12:00 am

Millennium Bowl of Little Rock LLC, led by Anil Nayar, Aziz Pabani, Akbar Pabani and Kairunnisa Khan, bought its namesake project at 7200 Counts Massie Road. The seller is Millennium Bowl Inc., led by James Moore.