Retail Archive

Update: More Signatures Submitted for Wage Hike Item

by Associated Press 8/18/2014 03:52 pm

A group proposing to gradually raise Arkansas' minimum wage has submitted additional signatures in its effort to put the increase before voters in November.

Fort Smith Stays on Top of Arkansas Tech Business Index; 11 Cities Improve

by Lee Hogan 8/18/2014 10:19 am

For the third month in a row, Fort Smith remained on top of the Arkansas Tech Business Index, according to data compiled for May.

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It's work that's “a whole lot harder” than it used to be.

Co-op Ozark Natural Foods Preps for Whole Foods Competition in Fayetteville

by Marty Cook 8/18/2014 12:00 am

When Whole Foods announced its plans in the spring to locate a store in Fayetteville, it elicited cheers from fans of the high-end grocery store and concern from supporters of Fayetteville's own organic Ozark Natural Foods, the state's only grocery co-operative.

Clarion Hotel Medical Center Recycled for $5M (Real Deals)

by George Waldon 8/18/2014 12:00 am

A 262-room hotel in midtown Little Rock changed hands in a $5 million foreclosure sale. The 5.22-acre development was tied to a November 2003 mortgage of $14 million held by Jonesboro's Liberty Bank of Arkansas, which became part of Centennial Bank in 2013.

Newport Retailer Jamie Darling Takes to the Road In Airstream

by Brandon Riddle 8/18/2014 12:00 am

Darling's Fine Things owner Jamie Darling is taking to the road in a refurbished Airstream she purchased earlier this year, offering a mobile retail experience to customers in the Delta.

Landers Toyota, Baptist Health School Subjects of Latest Seven-Digit Deals

by Arkansas Business Staff 8/18/2014 12:00 am

Our latest lineup of big real estate transactions features a quartet, three in the capital city and one in North Little Rock.

Some New CVS Pharmacy Locations Seek Beer and Wine Permits

by Arkansas Business Staff 8/18/2014 12:00 am

CVS Caremark Corp. of Woonsocket, Rhode Island, is wading deeper into the Arkansas market, and some locations plan to sell beer and wine.

Group Submits Petitions to Expand Alcohol Sales

by Associated Press 8/15/2014 03:59 pm

A group pushing for expanded alcohol sales in Arkansas has submitted additional petitions to put its proposal on the November ballot.

Dillard's 2Q Profit Down 5 Percent, Same-Store Sales Up 1 Percent

by Lance Turner 8/15/2014 07:40 am

Dillard's Inc. of Little Rock posted a 5 percent drop in second-quarter earnings, but same-store sales rose 1 percent. CEO William T. Dillard II says executives are "somewhat disappointed in the bottom line performance."

Wal-Mart Cuts Profit Outlook Amid Sluggish Sales, Less Traffic

by Associated Press 8/14/2014 07:26 am

Wal-Mart Stores Inc. cut its annual profit outlook on Thursday as the world's largest retailer faced another quarter of sluggish sales and traffic declines.

Rosalind Brewer Becomes Northwest Arkansas Council Co-Chair

by Lee Hogan 8/13/2014 03:32 pm

Rosalind Brewer, president and CEO of Sam's Club, has take over as co-chair of the Northwest Arkansas Council for 2014-15. She takes over for one of the council's founding members, Mark Simmons, who is also chairman of Simmons Foods in Siloam Springs. Simmons served as co-chair since June 2013.

1 Year After Referendum Victory, Wal-Mart Opens Neighborhood Market in Russellville

by Mark Carter 8/13/2014 10:17 am

Russellville's first Walmart Neighborhood Market opened Wednesday, almost a year to the day after city voters upheld a zoning ordinance that made its construction possible.

US Retail Sales Flat in July

by Associated Press 8/13/2014 08:18 am

U.S. retail sales were essentially flat in July, providing evidence that consumers have yet to shed their doubts about the economy despite recent job gains.

James + James to Open First Store in Springdale

by Marty Cook 8/12/2014 11:13 am

James + James of Springdale will open its first store at 4217 South Thompson St. on Aug. 29.

Wal-Mart: When It Comes to New Ideas, Try, Try Again

by Associated Press 8/12/2014 11:00 am

Wal-Mart took what it learned from the "Scan & Go" app to create another service: It found that customers like being able to track their spending, an insight that became the impetus for a program that enables shoppers to store electronic receipts.

Developers Eye Large Mixed-Use Development in Jonesboro

by Lee Hogan 8/11/2014 11:01 am

Developers hope to move a step closer to redeveloping a 200-acre plot of land at the intersection of U.S. 49 and Arkansas 351 after Tuesday's Jonesboro Metropolitan Area Planning Commission meeting.

Lawsuit in Arkansas Challenges Beer, Wine Sales Proposal in Texas

by Associated Press 8/11/2014 09:43 am

Two Texarkana, Arkansas, liquor store owners are challenging a proposal to allow the sale of beer and wine for off-premise consumption in Texarkana, Texas.

Metro Builders Supply Leads Off Quartet of Million-Dollar Deals

by Arkansas Business Staff 8/11/2014 12:00 am

Our new batch of million-dollar transactions features a commercial project, a nonprofit building, a retail site and a big house.

Whistleblower Case Alleges Fraud Against Wal-Mart

by Arkansas Business Staff 8/11/2014 12:00 am

A former executive of a personal care products company said she was canned for reporting an alleged fraud that her firm was committing against its biggest customer — Wal-Mart Stores Inc.