Retail Archive

Cameron Smith, Karen Fetzer Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/27/2015 05:14 am

Cameron Smith of Cameron Smith Associates of Rogers and Karen Fetzer of the Rotary Club of Little Rock won executive of the year awards at Thursday's 27th annual Arkansas Business of the Year Awards at the Statehouse Convention Center in Little Rock.

Meet the Finalists of the 27th Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/26/2015 11:37 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent panel of judges selects the winners.

Outlets at Little Rock to Mark Grand Opening on Oct. 16

by Arkansas Business Staff 2/25/2015 08:35 am

The developers of the Outlets at Little Rock say the shopping center will mark its grand opening on Friday, Oct. 16.

Dillard's 4Q Net Income Up 9.5 Percent, Same-Store Sales Up 3 Percent

by Lance Turner 2/23/2015 03:19 pm

Dillard's Inc. of Little Rock on Monday reported fourth-quarter net income of $130.5 million, up 9.5 percent from $119.1 million.

Bourbon & Boots Launches Jewelry Line with Dillard's

by Mark Carter 2/23/2015 01:48 pm

Innovate Arkansas client firm Bourbon & Boots, from Little Rock entrepreneur Matt Price, has partnered with Dillard's, the department store chain based in Little Rock, to launch a new line of Southern-themed jewelry.

Infiniti, Walgreens Locations Lead Off Recent Million-Dollar Deals

by Arkansas Business Staff 2/23/2015 12:00 am

Our offerings are varied in this edition of million-dollar transactions: An auto dealership, a Walgreens, an office-warehouse, a neighborhood retail center, a parking lot and a big home.

Floating All Boats (Editorial)

by Arkansas Business Editors 2/23/2015 12:00 am

For Wal-Mart, a retailer with razor-thin margins, to raise the pay of so many people to a level significantly higher than the current federal minimum wage of $7.25 means many things.

What's It Worth to You? (Gwen Moritz Editor's Note)

by Gwen Moritz 2/23/2015 12:00 am

There's a big difference between Chinese buyers of high-end wines and their Western competitors, according to documentarian Warwick Ross: The Western buyers bought wines as investments, which limited the prices they were willing to pay. The Chinese bought them to drink and to give as gifts.

Investors Scoop Up Former Dollar Generals (NWA Real Deals)

by Arkansas Business Staff 2/23/2015 12:00 am

An investment group bought two former Dollar General buildings in northwest Arkansas for a total of $775,900. Raymond Merrill paid $1.9 million for University Village Center at 1545 W. 15th St. in Fayetteville. And Adam Yates, owner of Razorback Awning & Ironworks, bought the former home of Dennis Home Furnishings at 3525 S. School Ave. in Fayetteville.

Wilmington Apartments Visited by $3.9M Sale (Real Deals)

by George Waldon 2/23/2015 12:00 am

The sale of a 120-unit apartment complex in North Little Rock weighed in at $3.85 million. Construction of a 25,000-SF home improvement store is in motion after a $2.1 million land deal in west Little Rock. And a 55,565-SF mini-storage facility in southwest Little Rock tipped the scales at $1.7 million.

Seeds of Truman Arnold Began with Road Runner

by George Waldon 2/23/2015 12:00 am

TAC Air was launched nearly 30 years ago as Road Runner Aviation, a subsidiary of Truman Arnold Cos. ranked by Forbes at No. 215 among the largest private companies in America with more than $2.1 billion in revenue.

Conway Hopes To Lure Business to New Airport at Cantrell Field

by Sean Beherec 2/23/2015 12:00 am

Nearly six months after the opening of the new Conway municipal airport, the facility is already buzzing with activity. The planners behind the project have also set their sights on the next steps to grow its role in the state and attract business.

Wal-Mart Battles Manhattan Church Concerned About Firearm Sales

by Mark Friedman 2/23/2015 12:00 am

Wal-Mart Stores Inc. has asked the 3rd U.S. Circuit Court of Appeals to toss out a ruling that would force the retailer to let shareholders vote on a proposal from a Manhattan Episcopal church concerned about firearm sales.

Redman & Associates Adds Details to Claims Against Chinese Toy Maker

by Marty Cook 2/19/2015 02:08 pm

A Rogers vendor has alleged that a Chinese toy manufacturer cost it a $70 million contract with Wal-Mart Stores Inc. of Bentonville.

Asa Hutchinson Names Gary 'Bud' Roberts to Lead ABC

by Arkansas Business Staff 2/19/2015 01:06 pm

Gov. Asa Hutchinson on Thursday announced Gary "Bud" Roberts as the new director of the Arkansas Alcoholic Beverage Control Division.

3Q Profit at America's Car-Mart Rises to $7.5M

by Marty Cook 2/18/2015 05:38 pm

America's Car-Mart Inc. of Bentonville reported third-quarter earnings of $7.5 million in fiscal 2015, an increase from $1.5 million from the same quarter in 2014.

XCelerate Capital Invests $250k in ARK Challenge Alum Tagless Style

by Mark Carter 2/16/2015 12:01 pm

Rod Ford's new Little Rock early-stage seed fund XCelerate Capital has invested $250,000 in Tagless Style, the ARK Challenge and Innovate Arkansas firm that partnered with Goodwill of Arkansas to "upcycle" second-hand clothes.

Central Arkansas Commercial Vacancy Rate Drops

by Arkansas Business Staff 2/16/2015 12:00 am

The vacancy rate for commercial office space in central Arkansas declined in the fourth quarter, Central Arkansas Commercial Data Exchange said in its latest report.

Lakewood Manor Buy Checks In at $3.7M (Real Deals)

by George Waldon 2/16/2015 12:00 am

An 85-bed nursing home in North Little Rock tipped the scales at $3.7 million. A 42,500-SF mini-storage facility in southwest Little Rock weighed in at $2.35 million. And a 47,906-SF building in downtown Little Rock changed hands in a $1.6 million deal.

Banks Eyeing EMV, But Adoption Slow

by Sean Beherec 2/16/2015 12:00 am

The race to get American consumers to use debit and credit cards equipped with EMV chips has been more of a sluggish walk than a run in recent years.