Retail Archive

The Everyday Proof of Social Proof (Jim Karrh On Marketing)

by Jim Karrh 11/14/2016 12:00 am

One of the most powerful forces of persuasion is “social proof,” the tendency of people to look to the behavior of similar others when they aren't sure what is correct in a given situation. You can find evidence of social proof nearly everywhere.

Penney's Reports 3Q Sales Shortfall, Cuts Outlook

by Associated Press 11/11/2016 10:45 am

J.C. Penney cut its sales outlook for the year after reporting a surprise decline for a key sales figure during the third quarter as it wrestled with sluggish clothing sales.

Dillard's Sees 3Q Profit Down 50 Percent Amid More Sales Declines

by Arkansas Business Staff 11/10/2016 04:06 pm

Dillard's Inc. of Little Rock reports third-quarter net income of $22.8 million, down 50 percent from the same quarter last year, and same-store sales continued a streak of declines. CEO William Dillard II said the retailer is working through a "tough time."

Medical Marijuana: A Fact of Life for Arkansas Employers (Stuart Jackson Commentary)

by Stuart Jackson 11/10/2016 09:57 am

Arkansas is the latest of many states to allow medical marijuana. What does the new law do, and how will it play out in the Arkansas workplace?

Wal-Mart Boosts Online Holiday Inventory for Black Friday

by Nandita Bose, Reuters 11/10/2016 07:32 am

Wal-Mart Stores Inc. of Bentonville will boost its online inventory for Black Friday by more than half this year and make deals available on its website early Thanksgiving morning.

Wal-Mart Sued Over Sale of Fake 'Egyptian Cotton' Linen

by Jonathan Stempel, Reuters 11/9/2016 10:33 am

Wal-Mart was sued on Tuesday on behalf of consumers who said the world's largest retailer sold products falsely labeled "100 % Egyptian Cotton" from an Indian textile company for many years after it first became suspicious of their origin.

Executive: Wal-Mart Aims to Add More Mobile Payment Options

by Nandita Bose, Reuters 11/8/2016 08:04 am

Wal-Mart Stores Inc. is in talks with several mobile wallet companies to offer more payment options in its Wal-Mart Pay app, an executive at the world's largest retailer said.

Websites Put Banks at Risk Of Lawsuits

by Mark Friedman 11/7/2016 12:00 am

A Pittsburgh law firm accusing banks of not being compliant with the Americans with Disabilities Act has caused warning bells to go off for Arkansas bankers.

Eschewing the Trump Brand (Craig Douglass On Consumers)

by Craig Douglass 11/7/2016 12:00 am

On the eve of the election, a great deal is at stake for brand USA. And a great deal of worth and value is on the line for the Trump brand.

Lowe's Buys West Little Rock Acreage for New Store

by Lance Turner 11/3/2016 05:35 pm

Lowe's Home Center this week purchased about 17 acres from four sellers at the northwest corner of Kanis and Bowman roads in Little Rock in deals totaling about $6.15 million.

Survey: 42 Percent of Arkansans Expect Personal Financial Situation to Improve Soon

by Alexis Crowe 11/1/2016 11:14 am

Arkansans' expectations of their personal financial situations in the future have improved since March, even if they say their personal finances have not changed much from a year ago, a new survey finds.

Convenience Store Trio Packaged in $2.8M Transaction

by Arkansas Business Staff 10/31/2016 12:00 am

Three convenience stores in Lonoke County, residential property in Saline County, an eatery in Cabot and a future restaurant location in Conway form our group of multimillion-dollar transactions this week.

The Shoppes At Har-Ber Sell for $8.8M (NWA Real Deals)

by Marty Cook 10/31/2016 12:00 am

Oklahoma investor Raymond Merrill leads Shoppes at Har-Ber Lakes LLC, which bought a 90 percent share of the 62,000-SF retail center.

WLR Apartment Land Draws $2.5M Sale (Real Deals)

by George Waldon 10/31/2016 12:00 am

Madison at Chenal LLC, led by Brandon Huffman and Graham Smith, bought the 5,000-SF office-warehouse at 15500 Kanis Road and an adjoining 12.8-acre tract.

Millennials in Mind, Fornetti Brings Bakeries to Arkansas Road Runners

by Alexis Crowe 10/27/2016 01:16 pm

Fornetti, an international bakery with 8,000 European locations, has opened some of its first U.S. locations at Road Runner stores in Conway, Fort Smith, Heber Springs, Little Rock and Hot Springs.

Jacksonville Valero Valued in $1.2M Transaction

by Arkansas Business Staff 10/24/2016 12:00 am

This week's quartet of multimillion-dollar Pulaski County real estate transactions consists of a west Little Rock home, a Jacksonville convenience store, a Sherwood commercial site and a North Little Rock day care.

Online Recruitment Works If Done Correctly, Experts Say

by Sarah Campbell 10/24/2016 12:00 am

Automated job-match programs — like Monster, Indeed, Glassdoor, Career Builder, Dice and the state-run Arkansas JobLink — are still useful, but experts say employers have to use them smartly to get the best results.

Signs of the Times (Gwen Moritz Editor's Note)

by Gwen Moritz 10/24/2016 12:00 am

Most of us who have been in the workplace for a while have encountered the most frustrating kind of co-worker: the one whose hard skills are good, or good enough, but whose soft skills create tension.

No Surprise: Higher Pay Helps Attract, Retain Employees

by Mark Friedman 10/24/2016 12:00 am

All industries, from health care to manufacturing, have faced a shortage of workers. Kathy Deck, director of the Center for Business & Economic Research at the Sam M. Walton School of Business at the University of Arkansas, says increasing pay would be the first action she would suggest when companies can't find the right workers to fill positions.

Employers Seek Hires With Soft Abilities Like Attitude, Teamwork

by Kyle Massey 10/24/2016 12:00 am

“Skills gap” discussions often pivot on abilities or qualifications that employers find in short supply, but broader communication and human interaction traits are more likely to determine success or failure on the job, human resources experts say.