Retail Archive

Ecoark Uses Technology to Provide Lower-Cost Recycled Products

by Sarah Campbell 6/2/2016 11:17 am

Ecoark Holdings Inc. of Rogers is using technology to bring retail consumers consistent pricing and offer manufacturers recycled raw material at a lower cost than virgin material, says CEO Randy May.

Hobby Lobby Gives $200K for JBU Nursing Program

by Arkansas Business Staff 5/31/2016 03:27 pm

John Brown University announced Tuesday a $200,000 donation from Hobby Lobby toward the university's new bachelor of science in nursing program.

'A Good Graphic' (Gwen Moritz Editor's Note)

by Gwen Moritz 5/30/2016 12:00 am

A couple of weeks ago, I opined in this space that our Legislature should just raise the blankety-blank fuel tax to pay for the highway construction and maintenance that Arkansans need and want. Last week, I ranted about the use and misuse of data, including by “the media” (my favorite monolith). This week, thanks to our friends on the editorial page at the Arkansas Democrat-Gazette, I'm going to pull both of those topics together.

2 Banks Join Arkansas Business' Largest Private Companies List

by Gwen Moritz 5/30/2016 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $34.2 billion in their most recent fiscal years, up more than 4 percent in a year.

Trustee Charges Collusion in Allens' Case

by Mark Friedman 5/30/2016 12:00 am

The trustee in Allens Inc.'s Chapter 7 liquidation has accused some creditors of scheming to buy the Siloam Springs vegetable and food processor out of bankruptcy in 2014 in order to save themselves millions while leaving most creditors holding an empty bag.

Parcels Near Bowman Road Bought for $2.9 Million

by Arkansas Business Staff 5/30/2016 12:00 am

Apartment acreage, a manor, an industrial project and undeveloped land provide an all-Little Rock lineup of multimillion-dollar real estate transactions.

Walmart Supplier Strikes Back at AMG in Lawsuit

by Arkansas Business Staff 5/30/2016 12:00 am

Active Marketing Group Inc. of O'Fallon, Missouri, sued EB Brands Holdings Inc. of Elmsford, New York, and alleged EB owes it nearly $700,000 in commission payments based on work already performed under the contract.

Rehab & Health Care Center Attracts $3.5M Transaction (Real Deals)

by George Waldon 5/30/2016 12:00 am

FC Encore Properties B Holdco LLC, an affiliate of Formation Capital of Atlanta, purchased Chenal Rehabilitation & Healthcare Center at 3115 S. Bowman Road.

Land in the Rock Program Helps Interns Connect, Plug Into City

by Alexis Hosticka 5/25/2016 08:36 am

Create Little Rock is providing a way for interns, law clerks, medical residents and new hires to get plugged in stay entertained during the summer through the annual Land in the Rock program.

America's Car-Mart Reports 61 Percent Profit Drop

by Marty Cook 5/24/2016 08:46 am

America's Ca­­­r-Mart Inc. of Bentonville reported income of $11.6 million in fiscal year 2016, a nearly 61 percent drop from the $29.5 million it reported in 2015.

Dillard's Announces No Change in Quarterly Dividend

by Arkansas Business Staff 5/23/2016 03:36 pm

Dillard's Inc. of Little Rock announced Monday a 7 cents per share quarterly dividend payable Aug. 1 to shareholders of record as of June 30.

Sweet Home Farm Bought for $4.5 Million

by Arkansas Business Staff 5/23/2016 12:00 am

A 1,145-acre farm in southeast Pulaski County, two mini-storage projects in North Little Rock and a 14,000-SF store in White Hall form this week's quartet of multimillion-dollar transactions.

Tux Dollars at Work as Menguin Raises Nearly $1M from Investors

by Arkansas Business Staff 5/23/2016 12:00 am

Menguin Inc., an online tuxedo rental company in Fayetteville, raised nearly $1 million in a recent offering, according to a document on file with the U.S. Securities & Exchange Commission.

In Retirement, Mike McFarland Swings for the Fences

by Arkansas Business Staff 5/23/2016 12:00 am

After retiring from Arvest Bank earlier this year, Mike McFarland bought Modern Fence & Supply Co. of Springdale. McFarland and partner Rick Barrows paid $2.3 million for the company, which has a 12,165-SF office on a 1.8-acre lot at 1864 Ford Ave.

Tech Park Transactions Surpass $12.6 Million (Real Deals)

by George Waldon 5/23/2016 12:00 am

The acquisition encompassed four office buildings and three parking lots. The biggest deal with Five Main LLC, led by Warren Stephens, was valued at $10.8 million

Internet of Things Closer Than You Think

by Sarah Campbell 5/23/2016 12:00 am

Internet of Things is more than a refrigerator that costs hundreds more and can tell you when you run out of milk. It's the concept of connecting devices to the internet and with each other. Its purpose is to make life easier via automation.

At Annual Meeting, William Dillard Says Apparel Retailers Face Grim Times

by Mark Friedman 5/21/2016 11:29 am

Dillard's Inc. isn't alone in its poor first quarter results, CEO William Dillard II said Saturday at the annual shareholder's meeting.

Arkansas Employment at Record High, Unemployment at 3.9 Percent

by Arkansas Business Staff 5/20/2016 09:30 am

Arkansas' seasonally adjusted unemployment rate declined two-tenths of a percentage point, from 4.1 percent in March to 3.9 percent in April, according to the state Department of Workforce Services.

Inside New Overtime Regulations, Traps to Avoid, How to Prepare (Stuart Jackson Commentary)

by Stuart Jackson 5/18/2016 01:22 pm

The U.S. Department of Labor published the final rule updating overtime regulations under the Fair Labor Standards Act. More than 50,000 employees and their employers in Arkansas will be affected. Here's how to prepare.

Arkansas Consumer Sentiment Continues to Climb

by Arkansas Business Staff 5/18/2016 09:36 am

The current consumer sentiment index for Arkansas is 84.9, up from 77.8 in September, according to the spring 2016 Arvest Consumer Sentiment Survey, released Tuesday.