Retail Archive

Agency 501 Gets Busy for La-Z-Boy

by Kyle Massey 3/13/2017 12:00 am

Agency 501 Inc., the Little Rock advertising agency founded by McCabe Reynolds and Jason Spees in 2012, has announced some new business, some new hires and plans for a new office in Memphis.

Shelia Cannon Turns to Stone Bank (Movers & Shakers)

by Arkansas Business Staff 3/13/2017 12:00 am

Shelia Cannon has been named a professional banker on the retail banking team at Stone Bank in White Hall.

$8.3 Million Transaction Calls on Barrington Hills Apartments (Real Deals)

by George Waldon 3/13/2017 12:00 am

The 232-unit apartment project in west Little Rock was purchased by PR Barrington Hills LLC of Wellington, Florida.

Downtown Startup Space Among Conway Chamber's Priorities

by Sarah Campbell 3/10/2017 11:38 am

The Conway Area Chamber of Commerce said Thursday it will raise public and private money for seven "generation defining" projects, including a startup space that Conway Corp. has said it will pay for.

Lex Golden Lists Nearly $8 Million in Liabilities in Bankruptcy Filing

by Arkansas Business Staff 3/6/2017 12:00 am

Lex Golden, the Little Rock banker who once controlled two Arkansas financial institutions, recently filed Chapter 7 bankruptcy.

Liquor Stores: Grocery Wine Bill a Death Knell

by Jan Cottingham 3/6/2017 12:00 am

Liquor store owners say a bill to let Wal-Mart and grocery stores sell a larger assortment of wine fundamentally changes their business model and will lead to the closure of hundreds of package stores in the state.

Arkansas' Arcane Liquor Laws Slowly Loosen

by Jan Cottingham 3/6/2017 12:00 am

The controversy over the grocery wine bill illustrates the importance of convenience to the alcohol consumer, convenience is a quality-of-life issue, and quality-of-life issues are closely linked to tourism.

Auto Dealership Buys Surpass $41 Million (Real Deals)

by George Waldon 3/6/2017 12:00 am

Affiliates of Little Rock's McLarty Auto Group bought four auto properties from affiliates of Asbury Automotive Group of Duluth, Georgia.

Time for an Overhaul (Editorial)

by Arkansas Business Editors 3/6/2017 12:00 am

Like the U.S. Tax Code, Arkansas' liquor laws need an overhaul that recognizes changing attitudes and shopping habits and economic realities of a product that, as the 18th Amendment taught us, will not be denied.

What Is Economic Nationalism? (Craig Douglass On Consumers)

by Craig Douglass 3/6/2017 12:00 am

Consumers need to understand that the cost of a move toward economic nationalism is a cost that will be borne by us all.

Audrey House Says Arkansas Shouldn't Keep Its Wine Sales Bottled Up

by Arkansas Business Staff 3/6/2017 12:00 am

When Audrey House was 21, she moved to Altus, bought 20 acres from Al Wiederkehr and set about starting her own vineyard and winery operation, which she called Chateau Aux Arc.

Yellen Signals the Fed Will Likely Raise Rates This Month

by Associated Press 3/3/2017 03:07 pm

Federal Reserve Chair Janet Yellen signaled Friday that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward the central bank's 2 percent target rate.

Uncle T's, Opening in Conway, Eyes More Expansion

by Sarah Campbell 3/2/2017 11:49 am

Little Rock landmark Uncle T's Deli Market will celebrate the grand opening of its second location Saturday in Conway, and the family behind the business aims to open five more in the next three years.

Wine Bill Passes in the House

by Sarah Campbell 3/1/2017 02:54 pm

A proposal in the Arkansas Legislature to allow grocery stores to sell more wines passed in the House on Wednesday, after failing its first vote there on Monday.

Oxford Industries Buys Strong Suit Clothing of Little Rock

by Sarah Campbell 3/1/2017 09:49 am

Strong Suit Clothing, a men's apparel company based in Little Rock, has been acquired by publicly traded Oxford Industries Inc. of Atlanta.

Wal-Mart Launches New Front in US Price War; Targets Aldi in Grocery Aisle

by Nandita Bose, Reuters 2/27/2017 07:48 am

Wal-Mart Stores Inc, is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and other U.S. rivals like Kroger Co.

Ridout Lumber Sold to Illinois Distributor

by Arkansas Business Staff 2/27/2017 12:00 am

Ridout Lumber Co. of Searcy is no longer the state's largest family-owned after being acquired last month by US LBM of Buffalo Grove, Illinois.

US Compounding Purchase Leads Million-Dollar Deals in Conway

by Arkansas Business Staff 2/27/2017 12:00 am

This week's installment of multimillion dollar real estate transactions features a Conway quartet.

$2.3M Deal Nails Down Ridout Store (NWA Real Deals)

by Marty Cook 2/27/2017 12:00 am

An Arizona investor paid more than $2.3 million for the Ridout Lumber Co. store in Fayetteville.

CJRW Lottery Strategy: Playing To Win Over Millennials

by Kyle Massey 2/27/2017 12:00 am

The day after CJRW signed a hotly contested $34.5 million advertising contract on Feb. 16, a team led by Gary Heathcott at CJRW was busy putting a new face to the Arkansas Scholarship Lottery.

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