Retail Archive

Report: Wal-Mart to Cut Hundreds of Jobs This Month

by Sruthi Ramakrishnan, Reuters 1/10/2017 03:15 pm

Wal-Mart Stores Inc. of Bentonville plans to cut hundreds of jobs before the end of January, the Wall Street Journal reported, citing people familiar with the situation.

Harps, UAMS Partner on Pharmacy Training Program

by Arkansas Business Staff 1/9/2017 11:51 am

Harps Food Stores Inc. of Springdale and the University of Arkansas for Medical Sciences College of Pharmacy announce a training program to teach pharmacists to work more directly with patients to improve their health.

Metroplan Report Predicts Growth in Tech Sector

by Sarah Campbell 1/9/2017 10:46 am

Metroplan releases its 2016 Economic Review and Outlook, noting economic trends for the Little Rock-North Little Rock-Conway Metropolitan Statistical Area.

The Sales Tax: Consumers Get It (Craig Douglass On Consumers)

by Craig Douglass 1/9/2017 12:00 am

If voters know exactly what a sales tax is for — a new jail or community center or fire station, an economic development incentive for a new factory, a local road project — the likelihood local voters will support the local tax is greatly increased.

Midtown Transaction Reaches $44 Million (Real Deals)

by George Waldon 1/9/2017 12:00 am

The five-building, 30-acre development at the northwest corner of Interstate 630 and University Avenue in Little Rock was sold to Little Rock Midtown Ltd., an affiliate of Provident Realty Advisors Inc. of Dallas.

Former Wal-Mart Executive Hired as Family Dollar President

by Arkansas Business Staff 1/6/2017 10:34 am

Dollar Tree Inc. has hired Duncan Mac Naughton as president and chief operating officer of its Family Dollar company, which it acquired in 2015.

Wal-Mart Names John Furner as Next CEO of Sam's Club

by Associated Press 1/6/2017 09:29 am

Wal-Mart says it named John Furner as CEO of its Sam's Club stores to replace Rosalind Brewer, who is retiring next month.

Wal-Mart's Jet.com Acquires ShoeBuy for $70M

by Associated Press 1/5/2017 02:39 pm

The online retailer Jet.com, now owned by Wal-Mart, says it's acquired the footwear-shopping website ShoeBuy for about $70 million. The deal, announced Thursday, closed Dec. 30.

Sears to Sell Craftsman Tool Brand, Close 150 Stores

by Associated Press 1/5/2017 11:36 am

After controlling the Craftsman name for 90 years, troubled department store operator Sears said it will sell the famous tool brand to Stanley Black & Decker Inc.

US Auto Sales Near Record Highs in 2016

by Associated Press 1/4/2017 10:26 am

Demand may be slowing, but U.S. consumers still bought a whole lot of cars and trucks in 2016.

U.S. Pizza to Open in Jonesboro

by Arkansas Business Staff 1/3/2017 09:40 am

U.S. Pizza Co. of Arkansas will open a new restaurant this summer in Jonesboro.

2016: The Year in Executive Q&A

by Gwen Moritz 1/2/2017 12:00 am

This week, for the third time, we offer a compilation that appeals to the universal interest in other people: all 50 of 2016's Executive Q&A features in the first issue of Arkansas Business for 2017.

Run-DMC Founder Sues Wal-Mart, Amazon

by Jonathan Stempel, Reuters 12/30/2016 08:28 am

A founder of Run-DMC on Thursday filed a lawsuit accusing Amazon.com Inc. and Wal-Mart Stores Inc. of selling a wide variety of clothing and accessories bearing the pioneering rap group's name without permission.

Pay to Rise for Millions as 19 States Increase Minimum Wage

by Associated Press 12/30/2016 07:23 am

It will be a happy New Year indeed for millions of the lowest-paid U.S. workers. Nineteen states, including New York and California, will ring in the year with an increase in the minimum wage.

In the Workplace 2017: LGBT Rights and Immigration Law Compliance

by Michelle Kaemmerling and Neemah Esmaeilpour 12/30/2016 07:00 am

A look at two important employment issues that could arise next year.

In the Workplace 2017: 'Ban the Box' and Concerted Activity Under the NLRA

by Regina Young and John Davis 12/29/2016 06:51 am

A quick look at two important employment issues that could arise next year.

In the Workplace 2017: New EEOC Forms Will Lead to More Scrutiny of Pay Practices

by Troy Price 12/28/2016 07:00 am

Changes are coming to the EEO-1 form certain employers must file with the U.S. Equal Employment Opportunity Commission. Here's what to expect.

In the Workplace 2017: With Overtime Rules On Hold, What's Next?

by Jane A. Kim 12/27/2016 07:00 am

Employers who intend to wait until the dust finally settles before taking steps to comply with new overtime exemption rules should consider a few things.

In the Workplace 2017: How Arkansas Employers Can Deal with Medical Marijuana

by Stuart Jackson 12/26/2016 07:00 am

Now that Arkansas has a medical marijuana law on the books, employers must prepare to address this issue. Here's how.

Consumer Spending Growth Weakened in November

by Associated Press 12/22/2016 11:18 am

Consumers slowed the growth in their spending in November and income growth was flat, two worrisome signs at the start of the holiday shopping season.

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