Retail Archive

No Daily Report, Morning Roundup on Thursday, Friday

by Arkansas Business Staff 12/24/2014 07:29 am

Arkansas Business will not send the Daily Report and Morning Roundup on Thursday and Friday in recognition of the Christmas holiday.

John Roberts Elected to Board of Fed's Eighth District

by Arkansas Business Staff 12/22/2014 11:25 am

John Roberts III, CEO of JB Hunt Transportation Services, is elected to a three-year term on the St. Louis Fed's board of directors. Ray Dillon, CEO of Deltic Timber Corp., is named chairman of the Fed's Little Rock branch.

West Little Rock Retail Rings Up $4.5M Purchase (Real Deals)

by George Waldon 12/22/2014 12:00 am

An 8,245-SF retail project in west Little Rock tipped the scales at $4.56 million. An investment group purchased the 11400 Cantrell Road property from Chi-Little Rock LLC of Greenville, South Carolina.

Retail Project Under Construction at Gateway Town Center

by Arkansas Business Staff 12/22/2014 12:00 am

Who's going to occupy the 10,000-SF retail project under construction at the Gateway Town Center development in southwest Little Rock?

Sherwood North Hills Shopping Center Needs New Tenant

by Arkansas Business Staff 12/22/2014 12:00 am

The first new construction in the North Hills Shopping Center at JFK and North Hills boulevards in Sherwood in decades is ready to lease.

UA, UALR Forecasters See More Improvement in Arkansas' Economy in 2015

by Mark Friedman 12/22/2014 12:00 am

Arkansas' leading economists say the state should have an improved economy next year. One of the highlights: the unemployment rate is expected to continue to drop to 5.5 percent by the end of 2015 and then slip to 5.3 percent in 2016.

NY Group Pays $43.9M For 2 Fayetteville Centers

by Marty Cook 12/22/2014 12:00 am

A New York commercial real estate group bought two Fayetteville shopping centers for $43.9 million early this month.

The Best & Worst of 2014

by Arkansas Business Staff 12/22/2014 12:00 am

From best investment to worst financial projects, Arkansas Business recaps the best and worst of 2014.

Enrique Ostalé Named CEO of Wal-Mart in Central America

by Arkansas Business Staff 12/19/2014 10:42 am

Wal-Mart Stores Inc. of Bentonville said Friday that Enrique Ostalé will be president and CEO of Walmart de México y Centroamérica, replacing Scot Rank, who is leaving the company.

Arkansas Jobless Rate Down to 5.8 Percent in November

by Mark Carter 12/19/2014 09:38 am

The unemployment Rate in Arkansas fell to 5.8 percent in November, down from 6.1 percent in October. The 5.8 jobless rate matches the U.S. rate, which remained stable between October and November.

Outlets at Little Rock Developer Talks Construction, Tenants, Impact

by Lee Hogan 12/18/2014 08:30 am

The Outlets at Little Rock will open this summer. Michael Barelli, vice president of New England Development, recently talked to Arkansas Business about the 325,000-SF shopping center coming to central Arkansas.

IKEA is Coming to Memphis

by Lee Hogan 12/16/2014 11:22 am

Everyone's favorite Swedish furniture store is coming to Memphis. That's right. Pretty soon, Arkansas shoppers will only be a couple hours away from IKEA.

Wal-Mart Loses Appeal in Pennsylvania Class-Action Lawsuit

by Lance Turner 12/16/2014 10:46 am

Wal-Mart Stores Inc. of Bentonville says it lost its latest appeal in a class-action lawsuit filed against it in 2002, which will affect earning per share from continuing operations in the fourth quarter of fiscal 2015.

Arvest Survey: Mortgage Debt Down, Savings Up in Arkansas

by Lee Hogan 12/16/2014 10:27 am

Arkansans reported less mortgage debt than their neighbors in Oklahoma and Missouri, according to the latest consumer sentiment survey from Arvest Bank.

David Allan Pivots from Acorn Hours to Tagless Style

by Mark Carter 12/15/2014 10:01 am

David Allan, who founded Little Rock startup Acorn Hours and guided it through the 2014 fall installment of the ARK Challenge startup accelerator, has pivoted. Allan is the new CEO of Tagless Style, another Little Rock startup that participated in the ARK this fall.

Superior Space in Conway Attracting High-End Hotel, Restaurant Interest

by Arkansas Business Staff 12/15/2014 12:00 am

Conway's resurgence is keeping T.J. Lefler's phone ringing. Lefler says he has serious inquiries from several hotels as well as a handful of upscale restaurants that are interested in some prime real estate.

New Kroger Marketplace in Benton Worth $12M, To Be Built by Summer 2015

by Arkansas Business Staff 12/15/2014 12:00 am

A 123,000-SF Kroger Marketplace under construction in Benton is worth $12 million, according to the building permit on file with the city.

Bentonville Retail Center Sold for $1.35M

by Arkansas Business Staff 12/15/2014 12:00 am

The strip center at 231 N. Walton Blvd. is occupied by Papa John's Pizza, Wingstop, Rent-A-Center and Kumon Math & Reading Center.

Sherwood Walgreens Tops Million-Dollar Quartet of Sales in Pulaski County

by Arkansas Business Staff 12/15/2014 12:00 am

A Walgreens in Sherwood is the leader of this week's quartet of million-dollar transactions in Pulaski County.

Shadow Lake, Turtle Creek Apartments Tandem Sales Surpass $40.5 Million (Real Deals)

by George Waldon 12/15/2014 12:00 am

The 296-unit Shadow Lake Apartments at 13111 W. Markham St. sold for $26.87 million and the 216-unit Turtle Creek Apartments at 601 Napa Valley Drive went for $13.71 million.