Retail Archive

Condo Inventory Dwindles at 7-Story Legacy Building This article is available only in print.

by George Waldon 6/26/2017 12:00 am

After crashing on takeoff, Fayetteville's Legacy Building is finally approaching full developmental realization under its fourth ownership group.

Northwest Arkansas' Most Expensive Home Sales of 2016

by Marty Cook 6/19/2017 12:00 am

The number of seven-figure homes sold in Washington and Benton counties almost tripled in 2016 compared with the previous year.

Pulaski County's Most Expensive Home Sales of 2016

by Mark Friedman 6/19/2017 12:00 am

Sales of luxury homes in Pulaski County jumped in 2016 to a number not seen since Arkansas Business began tracking them in 2004 – 29 homes sold for $1 million or more, up from 20 in 2015.

Stocks Dip as Amazon-Whole Foods Deal Hammers Grocery Stores

by Associated Press 6/16/2017 11:22 am

U.S. stocks are lower Friday as Amazon's $13.4 billion deal for Whole Foods Market is sending grocery stores, big retailers, and food makers and distributors sharply lower.

NPD: Fueled by Back-to-School Sales, Wal-Mart Might Beat Amazon in Online Growth

by Gayathree Ganesan, Reuters 6/16/2017 11:01 am

Wal-Mart Stores Inc.'s online sales is likely to grow double than Amazon.com Inc. during the back-to-school season, helped by the Jet.com acquisition and competitive price offerings, industry research body NPD said.

Amazon is Buying Whole Foods in a $13.7B Deal

by Associated Press 6/16/2017 08:32 am

Amazon is buying Whole Foods in a deal valued at about $13.7 billion, a stunning move into brick-and-mortar retail that sets the stage for more radical store experimentation and intensified competition with grocery rivals.

Wal-Mart Adds to Portfolio, Buys Bonobos for $310M

by Lance Turner 6/16/2017 08:24 am

Wal-Mart Stores Inc. of Bentonville announces that it will buy online apparel retailer Bonobos Inc. for $310 million in cash.

Asa Hutchinson Hopes Panel Will Look at Online Tax Issue

by Associated Press 6/16/2017 07:36 am

Gov. Asa Hutchinson says he hopes a task force that will recommend changes to Arkansas' tax code will also look at a proposal to require online retailers to collect and remit state sales taxes.

No Bonuses, No Options for Car-Mart Executives in 2017

by Arkansas Business Staff 6/15/2017 01:29 pm

Executives at America's Car-Mart Inc. of Bentonville did not receive cash incentive bonuses or option awards in fiscal 2017, according to a proxy statement filed with the U.S. Securities & Exchange Commission.

Boot Barn Buys Country Outfitter For $1.8 Million

by Marty Cook 6/14/2017 10:30 am

A subsidiary of western wear company Boot Barn Holdings Inc. of Irvine, California, bought Country Outfitter, the one-time online sensation from Fayetteville's Acumen Brands.

US Retail Sales Slide 0.3 Percent, Biggest Drop in 16 Months

by Associated Press 6/14/2017 08:02 am

Americans cut spending at gasoline stations, department stores and electronics shops in May as retail sales registered their biggest drop in 16 months, a cautionary sign for the economy.

Northwest Arkansas Council Names Nelson Peacock CEO

by Marty Cook 6/13/2017 11:12 am

The Northwest Arkansas Council named Nelson Peacock, a McCrory native and the senior vice president of government relations for the University of California system, as its CEO.

Gas Prices in Oklahoma, Arkansas Among the Nation's Lowest

by Associated Press 6/12/2017 02:09 pm

Motorists in Oklahoma and Arkansas are enjoying some of the nation's lowest gas prices.

Gandolfo's New York Deli to Open Thursday in Little Rock

by Arkansas Business Staff 6/12/2017 10:12 am

Gandolfo's New York Deli announces a grand opening for its newest location at 17801 Chenal Parkway, Suite A, in Little Rock's The Promenade at Chenal outdoor mall is set for 7 a.m. Thursday.

Aldi Fires $3.4B Shot in US Supermarket Wars

by Nandita Bose, Reuters 6/12/2017 07:39 am

German grocery chain Aldi Inc. said on Sunday it would invest $3.4 billion to expand its U.S. store base to 2,500 by 2022, raising the stakes for rivals caught in a price war.

Carney Bates Finds Niche in Data Security

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

In the past four years or so, Carney Bates & Pulliam has focused on legal issues surrounding data security and privacy. Data privacy cases now comprise about 40 percent of the firm's business.

Conway Dollar General Property Sells for $2.3M

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

A store, rental property and a day care center in Conway plus woodland in Saline County and home sites in Alexander add up to five multimillion-dollar transactions.

Sears Holdings Confirms Closing of Little Rock Kmart

by Arkansas Business Staff 6/7/2017 11:33 am

Sears Holdings is closing the last Kmart in Little Rock in early September, spokesman Howard Riefs confirmed.

America's Car-Mart Taps Ray Dillon for Board

by Arkansas Business Staff 6/6/2017 02:38 pm

America's Car-Mart Inc. of Bentonville says that its board of directors nominated Ray C. Dillon for election as a new, independent director. Dillon, 61, is the former president and CEO of Deltic Timber Corp. of El Dorado. He retired from the post late last year.

Amazon Offers Prime Discount to Those on Government Benefits

by Associated Press 6/6/2017 09:29 am

Amazon is making a play for low-income shoppers. The online leader is offering a discount on its pay-by-month Prime membership for people who receive government assistance.

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