Retail Archive

New York Firm Buys Daisy Outdoor Products of Rogers

by Sarah Campbell 7/7/2016 10:16 am

Private equity firm Bruckmann, Rosser, Sherrill & Company of New York announced Wednesday that it has acquired Daisy Outdoor Products of Rogers, a leading manufacturer of youth airguns and accessories founded in 1886.

Wal-Mart Now Lets You Pay With Phone at All 4,600 US Stores

by Associated Press 7/6/2016 04:12 pm

Wal-Mart will now let you pay with its phone app at all 4,600 stores nationwide. The effort is part of Wal-Mart's strategy to make shopping easier and faster, while learning more about consumer behavior.

Paragould Added to ATBI, Northwest Cities Top Rankings

by Arkansas Business Staff 7/6/2016 10:08 am

The Arkansas Tech Business Index has added Paragould as its 20th municipality, and the city debuted at the No. 17 spot on the list created by Arkansas Tech University College of Business.

Feds Finger Fort Smith Family in Food Stamp Fraud

by Arkansas Business Staff 7/4/2016 12:00 am

The feds recently accused a father-and-son pair who owns several Fort Smith convenience stores of running an elaborate food stamp fraud that involved 94 beneficiaries.

Gene Whisenhunt Named President, CEO of Hickingbotham Investments

by Arkansas Business Staff 6/30/2016 10:33 am

Frank D. Hickingbotham, chairman and CEO of Hickingbotham Investments Inc. of Little Rock, said Friday that Gene Whisenhunt has been promoted to president and CEO of the private holding company.

Visa Countersues Wal-Mart in Dispute Over Debit Cards

by Subrat Patnaik and Sudharshan Varadhan 6/30/2016 08:05 am

Visa Inc. filed a lawsuit against Wal-Mart Stores Inc., claiming the retailer secretly began testing a protocol that eliminated the need for signature verifications for transactions paid for with a Visa debit card.

Ahead of Amazon Prime Day, Wal-Mart Tries to Move In

by Anne D'Innocenzio, The Associated Press 6/29/2016 11:34 am

Wal-Mart is trying to get a jump on Amazon's second annual sales bonanza. The world's largest retailer is offering a free 30-day trial on its two-day unlimited shipping service, and an extra month free for paying members. Beginning Friday, it will also offer discounts on an array of products that will ramp up as July goes by.

Survey: Arkansas Consumers Planning for Bigger Purchases, Saving More

by Arkansas Business Staff 6/29/2016 09:36 am

Arkansas consumers expect to make large purchases now because they're seeing low unemployment rates, lower interest rates and the possibility of inflation, according to a new survey.

At Latest Summit, Wal-Mart Seeks More American-Made Goods

by Marty Cook 6/28/2016 10:50 am

Wal-Mart Stores Inc. promised "everything is a yes" at the opening session of the company's "Open Call" with suppliers of U.S.-made products Tuesday. The U.S. Manufacturing Summit, held at the company's home office in Bentonville, is part of the retailer's 2013 initiative to spend $250 billion on American-produced goods for its stores, Sam's Clubs and Walmart.com.

Nominate Now for Arkansas Business '20 in Their 20s'

by Arkansas Business Staff 6/28/2016 09:41 am

Arkansas Business is once again taking nominations for its annual "20 in Their 20s" list, which honors young professionals in their 20s.

Site of Oops In Farmington Brings $1.12M (NWA Real Deals)

by Marty Cook 6/27/2016 12:00 am

A 32,000-SF building that used to be the home of a Marvin's IGA in Farmington has been sold for the second time in 18 months.

Stephen Curry and Nike's PowerPoint Blunder (Jim Karrh On Marketing)

by Jim Karrh 6/27/2016 12:00 am

A recent report from ESPN uncovered a real doozy. It is the amazing story of how the most powerful sports apparel company in the world, Nike, let the most electric player in the NBA, Stephen Curry, out of its grasp — and allowed Under Armour to pull off one of the most valuable marketing switcheroos in history.

Economic Challenges Vary by Income

by Arkansas Business Staff 6/27/2016 12:00 am

Economic challenges faced by Americans vary greatly by income, according to a Federal Reserve report released last month.

Arkansas Lottery Vendor Says Its 'Most-Prized' Secrets Have Been Taken

by Associated Press 6/24/2016 02:08 pm

A company that works with more than 40 state lotteries says in court filings that a key executive orchestrated a "massive theft" of its most-prized secrets.

With Unemployment Low, Arkansas Economists Weigh Effects

by Alexis Hosticka 6/24/2016 11:02 am

While two Arkansas economists don't expect state unemployment to fall much further, the effect of historically low jobless levels could put workers at an advantage when seeking a new job or higher wages.

Two Former Walmart Express Stores to Reopen As Harps

by Alexis Hosticka 6/23/2016 01:44 pm

Harps Food Stores Inc. of Springdale announced Thursday that two of the Arkansas Walmart Express locations it acquired earlier this month will reopen as Harps stores over the next 11 weeks.

Burgundy Book: Most Arkansans Expect Economic Conditions To Stay the Same

by Sarah Campbell 6/22/2016 11:14 am

According to a May survey of business contacts, 69 percent expect economic conditions in 2016 will be about the same as last year, an improvement from three months earlier, when a little less than half expected conditions to worsen.

Arkansas Business Presents the 40 Under 40 Class of 2016

by Gwen Moritz 6/20/2016 12:00 am

This week's Arkansas Business is dedicated to our 23rd class of 40 Under 40 honorees, those young leaders of business, government and nonprofits that our internal selection team believes readers need to know.

U.S. Households Report Improvement in Economic Well-Being

by Arkansas Business Staff 6/20/2016 12:00 am

Americans reported improvement in their well-being last year compared with 2014 and 2013, according to a Federal Reserve Board report released last month.

Former Clinton Museum Store Draws $2.3M Sale (Real Deals)

by George Waldon 6/20/2016 12:00 am

610 President Clinton Avenue LLC, led by Mark Dake, bought its namesake property and former home of the Clinton Museum Store from the Bill, Hillary & Chelsea Clinton Foundation.