Retail Archive

Walmart Sees The Future And It Is Digital

by Associated Press 10/10/2017 09:10 am

Walmart is all about online, anticipating digital sales next year will rise about 40 percent and that it will double the number of U.S. curbside locations for online grocery shoppers at its stores.

Buyer's Remorse Be Gone, Walmart Puts Returns in Fast Lane

by Associated Press 10/9/2017 09:29 am

Online sales have divided retailers into two camps: the quick and the dead.

Grocery Store Applications for Wine Permits Pour Into ABC

by Arkansas Business Staff 10/9/2017 12:00 am

The Arkansas Alcoholic Beverage Control Division began accepting applications for grocery store wine permits one week ago, a development permitted by the Legislature's passage this year of Act 508, which allows grocery stores in “wet” counties to sell an expanded selection of wine.

Brett Overman Has Big Plans for Pineapple Whip

by Arkansas Business Staff 10/9/2017 12:00 am

Jonesboro entrepreneur Brett Overman has a nationally renowned disaster renovation company and one of the nation's largest tunnel car wash companies. His next vision is the expansion of a beloved fruit treat he discovered by accident.

Median Household Income Rises 5.6 Percent in Arkansas

by Arkansas Business Staff 10/9/2017 12:00 am

Arkansas, Louisiana, Mississippi and West Virginia had the lowest median household incomes for 2016.

Budget Plan Endangers Ads Luring Foreign Tourists to Arkansas

by Kyle Massey 10/9/2017 12:00 am

President Donald Trump's best-known promise is to build a wall, but some Arkansas travel professionals fear that a side-effect of his zeal for border security could keep out the kind of foreigners America wants: free-spending tourists.

Signature Bank's Gary Head on Putting a Postive Stamp on Community Commerce

by Arkansas Business Staff 10/9/2017 12:00 am

Gary Head, 57, is chairman, president and CEO of Signature Bank of Arkansas, which he and fellow investors started in 2005 after raising $44 million in startup capital.

Nursing Homes Combine For $9.1M Transaction (Real Deals)

by George Waldon 10/9/2017 12:00 am

Rolling Hills H.C. Inc., led by Joey Wiggins, purchased the 139-room Sandalwood Healthcare project at 2600 John Barrow Road for $5 million and the 70-room Chenal Rehabilitation & Healthcare Center at 3115 S. Bowman Road for $4.1 million.

Current Trends Won't Continue (Jim Karrh On Marketing)

by Jim Karrh 10/9/2017 12:00 am

It is important to identify the larger external trends that will most affect your organization in the coming years. But trees still don't grow to the sky, and executives can find themselves off track without an understanding of whether trends will stall or even reverse.

Northern Tool to Move in After $449K Deal

by George Waldon 10/5/2017 09:38 am

Northern Tool & Equipment is developing its first Arkansas location after a $449,000 land deal in Little Rock.

ADP: Small Businesses Cut Jobs as Hurricanes Shut Retailers

by Associated Press 10/4/2017 11:20 am

Hurricanes that swept the southern U.S. last month shut many retailers and put hiring on hold at small businesses.

Retail Group Expects Holiday Sales to Rise 3.6 to 4 Percent

by Associated Press 10/3/2017 10:05 am

The nation's largest retail trade group is forecasting holiday sales for the November and December period to rise between 3.6 percent and 4 percent to $678.75 billion to $682 billion.

Arkansas Revenue $7.1M Below Forecast in September

by Associated Press 10/3/2017 09:56 am

Arkansas finance officials say a decline in motor vehicle sales and business spending pushed the state's sales tax collections below forecast last month.

WLR Automotive Property Bears $4M Price Tag (Real Deals)

by George Waldon 10/2/2017 12:00 am

An affiliate of Luther Automotive Group of St. Louis Park, Minnesota, acquired the 12.56-acre tract on the west side of Col. Glenn Plaza Loop across from Steve Landers Chrysler Jeep Ram.

Wal-Mart's Jet to Launch High-End Grocery Line for Millennials

by Associated Press 9/29/2017 10:41 am

Wal-Mart's Jet.com will launch a higher-end grocery line targeting millennials, just over a year after Walmart spent more than $3 billion for the fast-growing online retailer amid more intense competition from Amazon.

Wal-Mart Has Eye on Premium Diaper Market

by Associated Press 9/27/2017 09:22 am

Wal-Mart Stores Inc. has its eye on the premium diaper market, as more people are getting automatic shipments from online sellers and the company that owns Babies R Us has filed for bankruptcy.

Crain Sells Ozark Automotive Distributors

by Arkansas Business Staff 9/25/2017 12:00 am

A North Little Rock warehouse provides our solo act for this week's multimillion-dollar transaction.

Pavilion Centre Visited By $9.8M Purchase (Real Deals)

by George Waldon 9/25/2017 12:00 am

Two LLC, led by Keith Ingram, bought the Pavilion Centre at 8315 Cantrell Road. The seller is Pavilion Centre LLC, led by Tad Krug, Tim Farrell and Jim Irwin.

20 in Their 20s: New Influentials of 2017 Take Courage, Drive and Heart to Every Corner of Arkansas

by Gwen Moritz 9/25/2017 12:00 am

This is the ninth year that Arkansas Business has sought out talented young leaders in our business and nonprofit community to introduce to readers in a feature called the New Influentials: 20 in Their 20s.

Springdale Dentist Office Sold for $2.1 Million (NWA Real Deals)

by Marty Cook 9/25/2017 12:00 am

A New Jersey investor paid slightly more than $2.1 million for Sunset Avenue Dental, a 4,912-SF building that was formerly a My Dentist office.

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