Retail Archive

Apple Pay, CurrentC Shake Up the Checkout

by Mark Friedman 11/3/2014 12:00 am

The battle over mobile payment platforms is heating up. On one side is Apple Pay, which launched Oct. 20 and encourages users to pay for merchandise with Apple's iPhone 6 and 6 Plus. Its rival is the payment system backed by Wal-Mart Stores Inc. of Bentonville and about 50 other retailers: CurrentC, created by a joint venture called MCX, the Merchant Customer Exchange of Boston.

State Supreme Court Remands Alcohol Question

by Arkansas Business Staff and The Associated Press 10/31/2014 05:32 pm

A sharply divided Arkansas Supreme Court has sent a proposal to legalize alcohol sales in Saline County back to circuit court to determine if there are enough valid signatures to put the question on the Nov. 4 ballot.

Wal-Mart Offers Free Shipping, 'Rollbacks' As Holiday Arms Race Begins

by Associated Press 10/31/2014 10:37 am

Wal-Mart is doing whatever it takes to rope in holiday shoppers however they want to buy. For the first time, Wal-Mart Stores Inc. is offering free shipping on what it considers the season's top 100 hottest gifts.

Wal-Mart's Japan Stores, Seiyu, Will Close 30 Stores

by Associated Press 10/30/2014 02:38 pm

Wal-Mart says its Japanese unit Seiyu plans to close 30 underperforming stores.

Wal-Mart Tests Matching Prices With Online Rivals

by Associated Press 10/30/2014 09:59 am

Wal-Mart Stores Inc. is considering matching online prices from competitors like Amazon.com, raising the stakes for the holiday shopping season.

Cleared for Ballot, Wage Hike Faces Easy Path

by Andrew DeMillo, The Associated Press 10/30/2014 09:10 am

The Arkansas Supreme Court's decision to keep a minimum wage hike on the ballot removes the last major hurdle for a proposal that is gaining bipartisan support and faces no organized opposition as Election Day nears.

Small Business Divided Over Minimum Wage Votes

by Associated Press 10/29/2014 11:27 am

Some small business owners say raising the minimum wage will pressure their companies, forcing them to cut employees' hours or jobs. Others say it's the right thing to do for workers and the economy.

Bentonville's Transformation Subject of Ad Age Spotlight

by Mark Carter 10/28/2014 09:30 am

Bentonville finds itself in the Advertising Age spotlight Tuesday. Ad Age has a look at how Bentonville -- aka Vendorville -- and the region have been transformed by the growth of Wal-Mart and its cache of vendors on the ground in northwest Arkansas.

Arkansas Supreme Court: Minimum Wage Issue Stays on Ballot

by Andrew DeMillo, The Associated Press 10/28/2014 08:10 am

Arkansas' highest court ruled Monday that a proposal to gradually raise the state's minimum wage can remain on the November ballot.

Weyerhaeuser CEO Doyle R. Simons Says Housing Stats On Path Out of the Woods

by Arkansas Business Staff 10/27/2014 12:00 am

Simons has been a director of Weyerhaeuser since June 2012. He was chairman and CEO of Temple-Inland Inc. from 2008 to February 2012, when it was acquired by International Paper. He held various management positions with Temple-Inland, including executive vice president from 2005 to 2007 and chief administrative officer from 2003 to 2005. Before joining Temple-Inland in 1992, he practiced real estate and banking law with Hutcheson & Grundy LLP of Houston.

Windstream Transaction Adds Up to $8.6 Million (Real Deals)

by George Waldon 10/27/2014 12:00 am

A 30,400-SF data center shifted ownership in a sale-leaseback transaction valued at $8.6 million, and land for a future bank branch development in the Heights area of Little Rock tipped the scales at $2.2 million.

First National Bank of Paragould Gains Northwest Arkansas Presence (NWA Real Deals)

by Marty Cook 10/27/2014 12:00 am

First Paragould Bankshares Inc. closed on its acquisition of five former Metropolitan National Bank branches in northwest Arkansas.

New Shipping Law More Miss Than Hit, Arkansas Wine Producers Say

by Marty Cook 10/27/2014 12:00 am

Arkansas' wine producers said Act 483, which went into effect in August 2013, puts the state wineries at a competitive disadvantage to out-of-state shippers. The Alcoholic Beverage Control Administration said 114 permits have been issued to allow shipping to Arkansas consumers, but only two permits have been given to a state winery.

The Interesting Battle over Alcohol in Arkansas

by Lee Hogan 10/24/2014 11:01 am

The Los Angeles Times offers a look at the battle being waged over Arkansas' alcohol amendment that, if approved, would make the entire state wet, and the inconceivable allies it has formed.

Wal-Mart Cheered, Jeered for Solar Power Efforts

by Lee Hogan 10/22/2014 12:21 pm

No matter the situation the world's largest retailer involves itself in, rest assured, it will be analyzed, critiqued and questioned to excruciating levels. The latest area is solar power.

Arkansas Unemployment Rate Falls to 6.2 Percent in September

by Lee Hogan 10/21/2014 09:25 am

Arkansas' unemployment rate dropped one-tenth of a percentage point from August to 6.2 percent in September, according to data released by the state Department of Workforce Services on Tuesday.

PAC, Lobbyist Donations Nearing $1M in Contested State Legislative Races

by Lee Hogan 10/20/2014 11:39 am

Less than three weeks before Election Day, political action committees and lobbyists have already pumped more than three-quarters of a million dollars into contested state Senate and House races across the state.

UA Study: Well Connected CEOs Can Be Bad for Firms They Lead

by Arkansas Business Staff 10/20/2014 09:28 am

A University of Arkansas study suggests that the more socially connected a chief executive officer is, the less success his firm experiences.

16 Arkansas Public School Superintendent Jobs Top $200,000

by Gwen Moritz 10/20/2014 12:00 am

The list includes 247 current-year superintendents of public school districts and a few charter schools, and it ranks them by the total compensation package — salary plus benefits — paid to the superintendent of that school district in the 2013-14 academic year.

Top College Officials See Sizable Pay Raises

by Mark Friedman 10/20/2014 12:00 am

Arkansas Business reviewed the Administrator's Compensation Survey reports filed with the state Department of Higher Education for the 2010 and 2014 fiscal years. In the four-year period, the number of six-figure employees included in the report increased from 460 to 703.