Retail Archive

Tandem WLR Sales Add Up to $6.1 Million (Real Deals)

by George Waldon 10/26/2015 12:00 am

The sale of a trampoline park in west Little Rock weighed in at $3.43 million. Central Dental office on Chenal Parkway sold for $2.7 million. And a 20,316-SF retail center in southwest Little Rock changed hands in a $767,405 sale.

Oklahoma Investor Buys Mountain View Apartments in Fayetteville (NWA Real Deals)

by Marty Cook 10/26/2015 12:00 am

Raymond Merrill, through his Levi Storage Center LLC, paid $4.5 million for the 114-unit Mountain View Apartments on South Silverado Drive in Fayetteville. RCB Bank of Broken Arrow assisted the purchase with a loan of $3.825 million.

Wal-Mart Exec to AAEA: We're Working to Reduce Energy Footprint

by Mark Carter 10/20/2015 02:22 pm

Wal-Mart is committed to renewable energy and has implemented measures to further reduce its energy footprint, its vice president for energy told the Arkansas Advanced Energy Association Tuesday.

Arkansas Unemployment Drops to 5.2 Percent; Construction Strong

by Alexis Hosticka 10/20/2015 11:05 am

Arkansas' seasonally adjusted unemployment rate dropped two-tenths of percentage point, from 5.4 percent in August to 5.2 percent in September.

Wal-Mart Puts Squeeze on Suppliers to Share Pain as Earnings Sag

by Nathan Layne, Reuters 10/19/2015 07:51 am

Suppliers are already being squeezed for price cuts and cost sharing by Wal-Mart. Now they're bracing for the pressure to ratchet up even more after a shock earnings warning from the retailer last week.

Promenade Retail Draws $4.3 Million Transaction (Real Deals)

by George Waldon 10/19/2015 12:00 am

An 8,880-SF retail project in west Little Rock tipped the scales at $4.3 million. A 10,796-SF pediatric therapy center in west Little Rock is under new ownership after a $1.89 million transaction. And a nine-unit condo project in downtown Little Rock changed hands in a $640,000 deal.

Outlets of Little Rock Marks Grand Opening

by Alexis Hosticka 10/16/2015 11:11 am

Little Rock Mayor Mark Stodola called the Outlets of Little Rock a "true economic investment" Friday during a ribbon-cutting ceremony marking the center's official grand opening.

Wal-Mart Stock Drops 10 Percent Amid Lowered Projections

by Alexis Hosticka 10/14/2015 11:04 am

Shares of Wal-Mart Stores Inc. of Bentonville ended the day down 10 percent after CFO Charles Holley revealed that the retailer's earnings per share could drop 6 percent to 12 percent in fiscal year 2017. The retailer made the announcement at its 22nd annual "Meeting for the Investment Community" in New York.

Arkansas Business Hall of Fame to Induct 4

by Arkansas Business Staff 10/14/2015 10:56 am

The 2016 inductees are: William T. Dillard II of Dillards Inc.; Dr. George K. Mitchell, former Arkansas Blue Cross and Blue Shield CEO; former Gov. Winthrop Rockefeller; and Patricia P. Upton of Aromatique.

Arkansas Lawsuits Against VW Allege Fraud

by Alexis Hosticka 10/14/2015 08:26 am

A look at two lawsuits filed last month in Arkansas against Volkswagen.

Arkansas VW Owners File Lawsuits in State, Federal Courts

by Alexis Hosticka 10/14/2015 08:26 am

Arkansas lawyers filed two lawsuits last month against Volkswagen, the front edge of what's expected to be a wave of legal action against the German automaker over the still-unfolding emissions scandal.

Video: Doug McMillon Talks Changes, US Economy on CNBC

by Lance Turner 10/14/2015 08:11 am

Wal-Mart CEO Doug McMillon, in New York today for a meeting with analysts, talks to CNBC's "Squawk Box" about the retailer's strategy.

Developers: Outlets of Little Rock Aims for $100M in Annual Sales

by Alexis Hosticka 10/13/2015 01:55 pm

Only a few days away from the grand opening, developers behind the Outlets of Little Rock estimate the shopping center will rake in $100 million in annual retail sales.

Dillard's Delayed at Conway's Shoppes at Central Landing

by Arkansas Business Staff 10/12/2015 12:00 am

Dillard's announced in August 2014 that it was going to be a key anchor for the Shoppes at Central Landing. But pieces of the project were contingent on infrastructure being completed.

Chenal Creek Shopping Center Leads Off Recent Million-Dollar Transactions

by Arkansas Business Staff 10/12/2015 12:00 am

A west Little Rock shopping spot, a North Little Rock clinic, a monster house in west Little Rock and a residential spread in west Pulaski County provide our quartet of seven-digit deals.

Quail Flats Buy Retail Property in Springdale

by Arkansas Business Staff 10/12/2015 12:00 am

Quail Flats Properties of Fort Worth bought a half-acre property at the intersection of Highway 412 and Thompson Street in Springdale.

Census Says Arkansas Household Income Stagnates

by Arkansas Business Staff 10/12/2015 12:00 am

Real median household income in Arkansas was $41,262 in 2014, rising by 0.2 percent compared with 2013, according to the U.S. Census Bureau. The bureau, however, does not consider the rise statistically significant.

Update: Tyson Foods to Put 300 Workers in Downtown Springdale

by Marty Cook 10/8/2015 02:07 pm

Tyson Foods Inc. of Springdale on Thursday announced plans to locate 300 workers in a new two-story, 44,000-SF building in downtown Springdale.

Outlets of Little Rock Nears Opening, Announces 14 More Retailers

by Alexis Hosticka 10/7/2015 02:19 pm

Outlets of Little Rock, Arkansas' only outlet shopping center, announced additional stores today. Set to open to the public Friday, Oct. 16, Outlets of Little Rock are located next to Bass Pro Shops.

Pigtails & Crewcuts To Open Next Location in Rogers

by Arkansas Business Staff 10/5/2015 12:00 am

Pigtails & Crewcuts, a child-friendly salon, plans to open its third Arkansas location in early 2016, this time in Rogers.