Retail Archive

Artisan Food Sees Growth In Arkansas

by Jan Cottingham 1/25/2016 12:00 am

These retailers — who sometimes are also wholesalers — make food in part to make connections and to preserve local culture and traditional methods. In the process, they've turned into employers and a source of jobs. They're business people; they're entrepreneurs.

Ridgecrest Emerges From $3.6 Million Sale (Real Deals)

by George Waldon 1/25/2016 12:00 am

Tri-5 LLC, an affiliate of Trinity Multifamily in Fort Smith, bought the 110-unit Warren House Apartments at 2000 Reservoir Road and the 112-unit Warren Terrace Apartments at 1900 Reservoir Road.

More Moe's On the Way, Owner Says

by Jan Cottingham 1/25/2016 12:00 am

Melanie Hoggard, owner of six Moe's Southwest Grill locations in Arkansas, is planning to roll out three more Moe's in the next two years: in Fayetteville and Jonesboro with the third location to be determined, but potentially Fort Smith.

'Better Late Than Never' (Gwen Moritz Editor's Note)

by Gwen Moritz 1/25/2016 12:00 am

Reactions were swift to Wal-Mart's recent announcement that it will promptly close 269 stores, including all 102 experimental Walmart Express locations.

New List of Shopping Centers Shows Trend

by Gwen Moritz 1/25/2016 12:00 am

In 2006, the last time Arkansas Business published a list of the largest shopping centers in the state, University Mall in Little Rock was still open and Pinnacle Hills Promenade in Rogers was the big new thing.

A Master Class in Feedback (Barry Goldberg On Leadership)

by Barry Goldberg 1/25/2016 12:00 am

Every year, aspiring singers participate in auditions for the New York Metropolitan Opera. Judges provide feedback to each of the singers. Most of the conversations were great examples of powerful feedback, delivered with skill and impact.

Labor Judge: Wal-Mart Strikes Protected Under Law

by Associated Press 1/22/2016 10:04 am

A National Labor Relations Board judge has ruled that Wal-Mart Stores Inc. unlawfully disciplined workers who staged protests in May and June of 2013 and ordered the retailer to reinstate 16 former employees, as well as give them back pay.

Wal-Mart to Give Pay Raises to Most of Its Workers

by Anne D'Innocenzio, The Associated Press 1/20/2016 01:23 pm

Most of Wal-Mart's U.S. employees will get raises as part of the world's largest retailer's previously announced commitment to invest in its workforce.

Dillard's Donates $850K to Ronald McDonald House Charities

by Arkansas Business Staff 1/18/2016 09:03 am

Dillard's Inc. of Little Rock announced Monday that it will contribute more than $850,000 to local chapters of Ronald McDonald House Charities.

West Springdale Shopping Center Sold in $2.8M Deal

by Arkansas Business Staff 1/18/2016 12:00 am

Gary Nichols, through his Hillcrest Holdings LLC, bought the property at 1395 E. Henri De Tonti Blvd. The property was listed at $4.25 million and the seller was First Security Bank of Johnson.

Wren Corner Retail Center Tops Trio of Conway Million-Dollar Deals

by Arkansas Business Staff 1/18/2016 12:00 am

A retail project, an auto swap and a clinic provide a trio of multimillion-dollar deals in Conway.

Pullman Says Development Continues at Planned Retail Center in Springdale

by Arkansas Business Staff 1/18/2016 12:00 am

Jason Pullman, a Bentonville developer, is still working to build on a 1.9-acre lot he bought in front of the Walmart Supercenter at Hall Crossing on Elm Springs Road in Springdale.

NLR Chuy's Rings Up $4.5M Transaction (Real Deals)

by George Waldon 1/18/2016 12:00 am

The sale of a North Little Rock eatery tipped the scales at $4.5 million. A Sherwood car wash transaction weighed in at $2.5 million. And apartments in midtown Little Rock changed hands in a $1.74 million deal.

Central Arkansas Economy Shows Growth in 2015

by Arkansas Business Staff 1/18/2016 12:00 am

The economic recovery in central Arkansas accelerated in 2015, with job growth surpassing the national average since March, said Metroplan, the federally designated planning agency for Pulaski, Faulkner, Saline and Lonoke counties.

Auditor, Former Commissioner Bash Arkansas Lottery's 10-Year Contract Extension

by Mark Friedman 1/18/2016 12:00 am

Former Arkansas Scholarship Lottery officials are critical of a recent decision to add 10 years to the contract of a vendor whose original contract was altered after lottery commission approval.

Here Are the Arkansas Stores Wal-Mart Is Closing

by Lance Turner 1/15/2016 11:19 am

Wal-Mart Stores Inc. of Bentonville announced Friday that it is closing 269 stores, including 154 in the United States. Here's the list of Arkansas stores that will close on Jan. 28.

Holiday Sales Rose 3 Percent Below 3.7 Percent Forecast

by Associated Press 1/15/2016 11:07 am

Holiday shoppers flocked online during the critical holiday shopping season, but overall sales in November and December were disappointing.

Wal-Mart to Close 269 Stores, 154 of Them in the US

by Anne D'Innocenzio, The Associated Press 1/15/2016 08:42 am

Wal-Mart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market. The stores account for a fraction of the company's 11,000 stores worldwide and less than 1 percent of its global revenue. Includes a list of stores to be closed.

Northwest Arkansas Mall Sells for $39.5M

by Marty Cook 1/13/2016 07:19 am

A trio of New York investors bought the Northwest Arkansas Mall in Fayetteville for $39.5 million.

Wal-Mart's Asda: More Price Cuts as Grocery Wars Heat Up

by Anne D'Innocenzio, The Associated Press 1/12/2016 04:40 pm

Wal-Mart's United Kingdom operation Asda, is investing another 500 million pounds ($721.9 million) in price cuts as the grocery discount wars escalate.