Retail Archive

Brent Salter: No Mixed Opinions on Where Conway's Next Hot Spot Will Be

by Arkansas Business Staff 3/17/2014 12:00 am

Salter Properties has been a key player in the revitalization of downtown Conway, including the renovation of the old Smith Ford dealership on Front Street.

Majestic Fire Puts Spotlight on Hot Springs' Vacant Buildings

by Luke Jones 3/17/2014 12:00 am

The February fire that destroyed the Majestic Hotel in Hot Springs has focused concerns on two troubling issues facing the resort city's historic downtown: the fire danger posed by other largely vacant properties and the failure of building owners to maintain their properties.

Conway Reimagined For $100M And Change

by George Waldon 3/17/2014 12:00 am

Tandem retail projects in Conway are poised to reshape the commercial landscape along Interstate 40. The biggest on the drawing board is Central Landing, a mixed-use redevelopment of the 151-acre municipal airport with a 750,000-SF lifestyle center.

Lakewood Village Ready To Debut New Tenants

by Gwen Moritz 3/17/2014 12:00 am

Lakewood Village is bouncing back nicely from the one-two blow of losing two of its major tenants. In place of USA Drug, which closed in the fall of 2012 after the chain was sold to Walgreen Co., two retailers new to North Little Rock are set to open in the next few weeks: Ulta Beauty and Dress Barn.

Opening Today, Wal-Mart Tests Convenience Store Prototype

by Marty Cook 3/17/2014 12:00 am

Wal-Mart Stores Inc. hopes to put the convenience back in convenience stores. The Bentonville retail giant is having a grand opening of its “Walmart To Go” store on March 19. The store is at 1300 S. Walton Blvd., less than a mile from the corporate headquarters.

Summit Mall Developer Back in Arkansas on Conway Project

by Arkansas Business Staff 3/17/2014 12:00 am

The redevelopment of the Conway airport site (dubbed Central Landing) marks a return to Arkansas after more than two decades for Jim Wilson & Associates of Montgomery, Ala.

New Owners Get Lafayette Building, 10 Condos for $3 Million

by Arkansas Business Staff 3/17/2014 12:00 am

Perhaps you heard that new names entered the ownership picture at downtown Little Rock's Lafayette Square project at 523 Louisiana St.

Park Avenue Properties Prove Popular in Recent Real Estate Deals

by Arkansas Business Staff 3/17/2014 12:00 am

A 1.64-acre LA Fitness development in midtown Little Rock tipped the scales at $11.9 million. The project is part of the Park Avenue development that replaced University Mall and some adjoining property.

Arkansas Business Seeking 40 Under 40 Nominations

by Arkansas Business Staff 3/14/2014 08:15 am

The 2014 class of 40 Under 40 honorees will be profiled in the June 23 issue of Arkansas Business. Included in this issue will be a listing of their accomplishments within their businesses, organizations and/or community.

Report: Wal-Mart CFO Claims 'Very Good Sales' Lately

by Lance Turner 3/11/2014 03:24 pm

ValueWalk has notes from today's Bank of America Merill Lynch Consumer and Retail Conference, where Wal-Mart Stores Inc. CFO Charles Holley gave remarks.

Minimum Wage Proposals Spark Disagreement

by Mark Friedman 3/10/2014 12:00 am

Whether raising the minimum wage — a burning issue in the tourism and hospitality industries — will actually help all the people it's aimed at is a question of deep disagreement, even among experts. There does appear to be, however, consensus on the minimum conditions necessary to have a sustainable economy.

Acumen's Goal: To Own the Southern Lifestyle Marketplace

by Marty Cook 3/10/2014 12:00 am

In December, Acumen Brands of Fayetteville announced objectives for 2014 that one company executive called “insane.” The leadership wanted five new programs to keep the company vibrant and growing, among those programs “flash sales” and “Marketplace.”

Arkansas Restaurants Projected To See Sales Growth of 3.2 Percent This Year

by Arkansas Business Staff 3/10/2014 12:00 am

Arkansas is expected to see an increase of 3.2 percent. Arizona, North Dakota, Texas, Florida and Colorado will see the fastest restaurant sales growth this year, the association predicts.

WLR Retail Project Trails $1.8M Land Purchase (Real Deals)

by George Waldon 3/10/2014 12:00 am

An 8,245-SF retail project in west Little Rock is in the works after a $1.8 million land deal. A $1.75 million land buy in North Little Rock is preceding development of a 350,000-SF distribution facility. And a north Pulaski County enterprise is under new ownership after a $550,000 foreclosure sale.

Accountability Sans Jerkiness (Barry Goldberg On Leadership)

by Barry Goldberg 3/10/2014 12:00 am

A CEO can delegate just about everything except culture. And every company will have a culture, whether it just happens or is implemented purposefully and continually by leadership in every decision and hire.

New Walmart Convenience Store To Open in Bentonville

by Arkansas Business Staff 3/10/2014 12:00 am

The debut project will be at the northwest corner of Walton Boulevard and 14th Street in Wal-Mart's hometown of Bentonville, where the ceremony is scheduled to begin at 8 a.m. on March 19.

Mountain Valley Spring Water Acquired by Great Range Capital

by Mark Carter 3/4/2014 04:12 pm

Mountain Valley Spring Water of Hot Springs has been acquired for an undisclosed price by an investment group led by Great Range Capital of Kansas City, the company announced Tuesday.

Six Walton Family Members Make Forbes Wealthiest List

by Mark Carter 3/4/2014 10:49 am

Six Arkansans and those with Arkansas ties find themselves on the Forbes list of the world's 500 richest people, released this week.

Experts See Web Sales Leveling Off After Quick Growth

by Mark Friedman 3/3/2014 12:00 am

From basically zero 20 years ago, online sales have already taken 6 percent of all U.S. retail sales. By 2017, that share is expected to jump to 10 percent. But then what?

UALR Lab Translates Big Data Into Dollars

by Jan Cottingham 3/3/2014 12:00 am

Humans are digitizing every aspect of life, translating every thought, every endeavor into something that can be read on a computer screen. This act of translation is creating infinite bits of new information — big data, to use the phrase popular in the world of technology.