Retail Archive

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.

Maumelle Industrial Project Attracts $4.3M Transaction (Real Deals)

by George Waldon 1/11/2016 12:00 am

A 60,600-SF industrial facility in Maumelle weighed in at $4.37 million. A North Little Rock storage park tipped the scales at $4.2 million. And a 1.73-acre commercial parcel in west Little Rock changed hands in a $656,754 sale.

Dennis Developmental Center Leads Off Recent Seven-Digit Deals

by Arkansas Business Staff 1/11/2016 12:00 am

This week's quintet of million-dollar transactions features a clinic in Little Rock, a warehouse in North Little Rock and a gourmet dog cookie facility in Maumelle.

2016: The Year of Oil (Craig Douglass On Consumers)

by Craig Douglass 1/11/2016 12:00 am

For the new year, a confluence of oil-related realities suggests a pervasive impact on the economy in general, and consumer behavior in particular.

Car Dealer in Hot Springs Gets 14 Years for Fraud, Money Laundering

by Gwen Moritz 1/7/2016 10:41 am

A man who sold cars in Malvern, Hot Springs and Harrison has been sentenced to more than 14 years in federal prison for defrauding car buyers and sellers who trusted him to consign classic automobiles.

Walton Family Members Give Away $407M in Shares

by Lance Turner 1/5/2016 03:33 pm

Sam Walton's three surviving children have given about $407 million worth of stock in Wal-Mart Stores Inc. to a nonprofit organization founded by their family.

Natural Grocers to Open in Little Rock

by Lance Turner 1/5/2016 11:18 am

Publicly traded Natural Grocers by Vitamin Cottage Inc. of Lakewood, Colorado, is entering the Little Rock grocery market for the first time, opening a Natural Grocers store Jan. 19 at 9210 Rodney Parham Road.

2015: The Year in Executive Q&A

by Gwen Moritz 1/4/2016 12:00 am

This week, for the second time, Arkansas Business offers a compilation that appeals to the universal interest in other people: all 50 of 2015's “Executive Q&A” features in the first issue of Arkansas Business for 2016.

No Daily Report, Morning Roundup on Friday

by Arkansas Business Staff 12/31/2015 07:59 am

Arkansas Business will not send the Daily Report and Morning Roundup on Friday, New Year's Day.

In the Workplace 2016: LGBT Rights and Exempt Employees

by Stuart Jackson and Michelle Kaemmerling 12/31/2015 07:57 am

This year brought significant developments in several laws that affect LGBT employees. And soon new Department of Labor rules on exempt employees will go into effect, and many employers will be scrambling.

Funeral Monday for Lewis Gardner, Founder of Crackerbox Food Stores

by Gwen Moritz 12/28/2015 07:33 am

Lewis M. Gardner Jr., who founded the Crackerbox Food Stores chain of convenience stores and sold it to Valero in 2012, died Dec. 22 at National Park Medical Center in Hot Springs. He was 71.

Burgundy Book: Manufacturing Struggles, Retail Construction Strong

by Alexis Hosticka 12/22/2015 10:39 am

According to a November survey of business contacts, 48 percent expect that economic conditions in 2016 will be somewhat better than in 2015.

After 30 Years, Silvek's Bakery Owner to Retire in March, Seeking Buyer

by Alexis Hosticka 12/21/2015 09:40 am

After 30 years in Little Rock, Silvek's European Bakery plans to close in March, as the shop's contract with Kroger expires and owner Silvek Pupkowski finds himself ready to retire.

Sibling Land Dispute, Glasgow Discovery Drove Clicks in 2015

by Lance Turner 12/21/2015 12:01 am

A long-running sibling dispute involving the national president of Ducks Unlimited that culminated in a multimillion-dollar land sale was the most-read story on in 2015.

Crestwood Manor Gets New Owners for $9 Million

by Arkansas Business Staff 12/21/2015 12:00 am

Apartments in the Hillcrest area of Little Rock, motels in south Little Rock and commercial buildings and space in west Little Rock provide this week's six-pack of million-dollar transactions.

Arkansas Business Looks Back at Notable Deaths of 2015

by Arkansas Business Staff 12/21/2015 12:00 am

John Paul Hammerschmidt, Buddy Sutton, Dick Bell, Jim Gaston, Bill Valentine and John Correnti were among the Arkansas political, business and sports leaders who died in 2015.

‘We Were All Going To Get Rich': Arkansas Business' Best Quotes of 2015

by Arkansas Business Staff 12/21/2015 12:00 am

It's what they said: A look back at the spoken gems from some of the biggest newsmakers of the year in Arkansas.

Arkansas Business Presents The Best & Worst of 2015

by Arkansas Business Staff 12/21/2015 12:00 am

From truths to tall tales, Arkansas Business takes a look at the highs and lows of 2015.