Retail Archive

Solar Power On the Rise in Arkansas

by Kyle Massey 9/26/2016 12:00 am

There's nothing new under the sun? A quick glance around Arkansas, where solar power projects are popping up all over, shows just the opposite.

Ecoark's Randy May on Covering All Four Corners

by Arkansas Business Staff 9/26/2016 12:00 am

Before coming to Ecoark Holdings Inc. of Rogers and becoming its chairman of the board and CEO, Randy May spent over 15 years in divisional roles with Wal-Mart Stores Inc.

Fayetteville's Legacy Building Bought for $3.2M (NWA Real Deals)

by Marty Cook 9/26/2016 12:00 am

An investment group paid $3.2 million for 13 condominiums in the Legacy Building at 401 W. Watson St. in Fayetteville.

St. Vincent West Attracts $14.1 Million Transaction (Real Deals)

by George Waldon 9/26/2016 12:00 am

An affiliate of Physicians Realty Trust of Milwaukee bought the 45,952-SF St. Vincent West medical office building in west Little Rock from St. Vincent Infirmary Medical Center.

Wal-Mart Awards $3.7M in Bonuses to Arkansas Associates

by Arkansas Business Staff 9/23/2016 10:46 am

Wal-Mart announced on Wednesday that it had recently awarded $3.7 million in second-quarter cash bonuses to 21,400 hourly associates in Arkansas.

United Federal Credit Union Wins Top Honor at Best Places to Work Awards

by Arkansas Business Staff 9/22/2016 11:35 am

Arkansas Business and the Best Companies Group honors 29 Arkansas companies with "Best Places to Work" awards, which honor firms that have exceptional workplace environments.

Arkansas Unemployment Rate Unchanged at 3.9 Percent

by Lance Turner 9/20/2016 09:28 am

Arkansas' August unemployment rate was unchanged at 3.9 percent, according to the state Department of Workforce Services.

SPONSORED: Deferring Real Estate Tax Gains Can Be An Effective Tax Strategy

by 9/19/2016 08:00 am

If you're considering selling commercial property or trading up on a second home, you should consider a like-kind exchange.

Clarksville Ponzi Schemer Sentenced to 90 Months

by Arkansas Business Staff 9/19/2016 12:00 am

Federal prosecutors in North Carolina are winding up the case of ZeekRewards, an online Ponzi scheme that collected $850 million from 900,000 in-vestors in two and a half years, and two Clarksville residents were sentenced in the case last week.

Conway's Lewis Crossing Nears Completion

by Jan Cottingham 9/19/2016 12:00 am

One of the big puzzle pieces in Conway's retail development picture is almost complete: Lewis Crossing, the 441,871-SF, $65 million shopping center at the southeast corner of Interstate 40 and Dave Ward Drive.

Batesville Impact Plan Living Up to Its Name

by Gwen Moritz 9/19/2016 12:00 am

Fresh eyes, strategic planning, youthful energy and cold, hard cash are shaking up Batesville, a college town on the jagged edge of the Ozarks that is burdened with many of the same challenges as the Delta that's just minutes away.

Will Boost Wal-Mart's E-commerce?

by Mark Friedman 9/19/2016 12:00 am

Retail watchers have mixed feelings about whether Wal-Mart Stores' $3.3 billion purchase of of Hoboken, New Jersey, will be the spark the Bentonville retailer needs to boost its online sales.

Frito-Lay Seeks Up to $150M in Bonds for Jonesboro Plant Expansion

by Sarah Campbell 9/16/2016 11:45 am

Frito-Lay of Texas has asked the city of Jonesboro to issue industrial development revenue bonds not to exceed $150 million for another expansion of its facility at 2810 Quality Way.

Walmart Canada to Extend Visa Ban to More Stores

by Ismail Shakil and Ethan Lou, Reuters 9/15/2016 07:22 am

Walmart Canada will stop accepting Visa Inc. cards at its 16 stores in the province of Manitoba starting on Oct. 24, a spokesman said on Wednesday, raising the stakes in a high-profile fee dispute.

Google Express Expands in Arkansas

by Arkansas Business Staff 9/13/2016 01:31 pm

Google is expanding its Google Express service in Arkansas and eight other states, bringing two-day delivery shopping to nearly 40 million people.

Meet 20 In Their 20s: The New Influentials Class of 2016

by Gwen Moritz 9/12/2016 12:00 am

Twenty of Arkansas' young leaders show the energy and ambition and adventurous spirit that is obvious in our state's business legends, even decades after they were in their 20s. We're proud to introduce these New Influentials and to consider all the potential they offer our state in the decades to come.

Conway's University Park Apartments Sold in $10.2M Transaction

by Arkansas Business Staff 9/12/2016 12:00 am

A 160-unit apartment project, a 57,000-SF grocery store and about 146 acres attracted a trio of seven-digit Conway transactions.

Central Arkansas Retail Space Vacancy Rate Rises Slightly

by Arkansas Business Staff 9/12/2016 12:00 am

The vacancy rate for retail space in central Arkansas rose slightly in the second quarter, inching up to 4.9 percent compared with 4.7 percent in the first quarter.

McCain Plaza Transaction Surpasses $23 Million Mark (Real Deals)

by George Waldon 9/12/2016 12:00 am

The 296,000-SF retail project at 4200 E. McCain Blvd. in North Little Rock tipped the scales at $23.15 million.

Marijuana Rx May Put Guns Out of Reach

by Mark Friedman 9/12/2016 12:00 am

Even if Arkansas voters approve the use of medical marijuana in November, the drug still will be considered an illegal controlled substance by the federal government. And that could cause legal problems for users and sellers of marijuana, according to law professors.