Retail Archive

Wal-Mart Announces Expansion of Veteran Hiring

by Claudia Lauer, The Associated Press 5/20/2015 06:48 am

Wal-Mart Stores Inc. says it is expanding its original plan to hire 100,000 veterans by 2018 to hire a total of 250,000 recently discharged veterans by 2020.

Arkansas' Top Exporters Recognized, Officials Call for Ex-Im Bank Renewal

by Mark Carter 5/19/2015 02:39 pm

At an awards ceremony recognizing the state's top exporters, Arkansas small business owners and an official with the U.S. Export-Import Bank called for the bank charter's renewal.

GOP Conservatives Confident They Can Kill Ex-Im Bank

by Associated Press 5/19/2015 11:29 am

Conservatives dominating the GOP-controlled House say they are increasingly confident about killing a little-known federal agency that subsidizes overseas purchases of U.S. exports.

Pay Raises, Online Spending Push Wal-Mart's 1Q Results Lower

by Lance Turner 5/19/2015 10:24 am

Wal-Mart Stores Inc. of Bentonville missed analysts' expectations and reported first-quarter net income down nearly 7 percent as the retailer gave raises to employees, invested in e-commerce and endured the effects of currency fluctuations.

Home Depot Nails It: 1Q Hints at Housing Rebound

by Associated Press 5/19/2015 07:28 am

A busy spring pushed Home Depot's first-quarter profit and revenue above Wall Street expectations and the world's biggest home improvement retailer raised its projections for both in 2015.

Shoppers Could Soon Have Difficulty Finding Meat's Origin

by Associated Press 5/19/2015 07:06 am

Shoppers could soon have a harder time finding out where some of their red meat comes from.

US Gas Prices Rise 22 Cents per Gallon

by Associated Press 5/18/2015 01:00 pm

The average national price of a regular gallon of gasoline has jumped 22 cents in the past three weeks to $2.80. In a survey of cities in the Lower 48 states, Los Angeles had the highest-priced gasoline at $3.95 a gallon. Baton Rouge, Louisiana, had the lowest at $2.32.

Longhills Property Leads Off Recent Million-Dollar Deals in Saline County

by Arkansas Business Staff 5/18/2015 12:00 am

A $2.5 million land deal last year in Benton set the stage for a 600-unit apartment project dubbed the Greens at Longhills.

Mountain Pure Sues Supplier for Selling Resin Mixed With Metal

by Arkansas Business Staff 5/18/2015 12:00 am

Even though the assets of the water bottling company were sold last year after a foreclosure auction on the steps of the Pulaski County Courthouse, John Stacks retained control of the shell of the company.

Epoch Men's Clinic Expanding in Arkansas

by Mark Friedman 5/18/2015 12:00 am

Although Epoch Health touts that it can treat symptoms related to low testosterone in men, it maintains it's nothing like the low-T retail outlets that are gaining scrutiny from some members of the medical community.

Kohl's Store Rings Up $9 Million Transaction (Real Deals)

by George Waldon 5/18/2015 12:00 am

An 89,724-SF department store in Sherwood weighed in at $9 million. An 18,680-SF electrical subcontracting complex in North Little Rock shifted ownership in a $636,000 transaction. And an 8,316-SF commercial building in west Pulaski County changed hands in a $506,096 foreclosure sale.

Central Arkansas Retail Space Vacancy Rate Rises

by Arkansas Business Staff 5/18/2015 12:00 am

The vacancy rate for retail space in central Arkansas continued to inch up during first-quarter 2015, according to the Central Arkansas Commercial Data Exchange. It rose to 6.3 percent compared with 5.8 percent in fourth-quarter 2014 and 5.2 percent in the year-earlier quarter, first-quarter 2014.

Dillard Not Too Concerned About Last Week's Stock Performance

by Mark Friedman 5/16/2015 11:58 am

William Dillard II, CEO of Dillard's Inc., downplayed last week's 11 percent tumble at the Little Rock retailer's brief annual shareholders' meeting on Saturday.

Women Share Stories, Strategies About Leading, Growing Ranks in Business

by Lance Turner 5/15/2015 12:07 pm

Women must have an expectation that their potential is limitless, and organizations must understand that diversity is key to powering success, three women business leaders said at a panel discussion Friday morning. Includes video.

Dillard's 1Q Net Income Drops 2 Percent, Same-Stores Sales Down 1 Percent

by Lance Turner 5/14/2015 03:11 pm

Dillard's Inc. of Little Rock reports net income of $109.6 million, down about 2 percent from the same time last year as same-store sales slid 1 percent. "We are disappointed with our first quarter performance," Dillard's CEO William T. Dillard II said in a news release.

Rod Ford's XCelerate Capital Acquires Bourbon & Boots

by Mark Carter 5/14/2015 08:39 am

Little Rock startup Bourbon & Boots, the Southern-themed online marketplace that offers more than 2,000 artisan items with more than 250,000 customers across the country, has been acquired by XCelerate Capital.

US Retail Sales Flat-Line in April

by Associated Press 5/13/2015 11:24 am

U.S. shoppers kept their spending in check in April, as modest wage growth over the past year keeps family budgets tight.

Arvest Survey Shows Rising Consumer Sentiment in Arkansas

by Lance Turner 5/12/2015 09:00 am

Rising optimism among Arkansas couples with no children and the unemployed helped drive an increase in consumer sentiment this year, according to the Spring 2015 Arvest Consumer Sentiment Survey.

Whole Foods Giving Market Heap Of Help

by Marty Cook 5/11/2015 12:00 am

Whole Foods broke ground in August for its new location at the College Marketplace at 3525 N. College Ave., which is just south of the Northwest Arkansas Mall and new flyover bridge connector to the Fulbright Expressway.

Boomerang Car Washes Clean Up in Two Seven-Digit Deals

by Arkansas Business Staff 5/11/2015 12:00 am

Our six-pack of seven-digit real estate transactions this week is populated by a pair of car washes, two west Little Rock homes, a North Little Rock motel and an eight-bit store in Little Rock.