Retail Archive

Holiday Shopping By the Numbers

by Arkansas Business Staff 11/24/2014 12:00 am

Even before the table is cleared and the dishes are washed, a good number of Americans will be abandoning the Thanksgiving feast for the shopping centers and big box retailers. The National Retail Federation's annual Holiday Consumer Spending Survey, conducted by Prosper Insights & Analytics, reports that the mood of consumers is a bit brighter this year, if spending plans are an indicator.

Car-Mart Uses GPS To Improve ‘Efficiency'

by Marty Cook 11/24/2014 12:00 am

Car-Mart announced in its quarterly earnings report in August that it had invested in the GPS technology and the devices were now in about 67 percent of the cars it had sold. It should be no shocking news flash that many car buyers at dealerships such as Car-Mart have little credit or not the best of credit and thus are considered high risk.

Watson Furniture Gets New Lease on Life (NWA Real Deals)

by Marty Cook 11/24/2014 12:00 am

Philip Taldo has had a busy, happy month. Top on his list is his purchase of Watson Furniture Store on Main Street in downtown Springdale. Taldo, a Springdale real estate agent, paid $250,000 for the two-story, 10,720-SF building that he remembers fondly as the place his father started working at in 1951.

Red Lobsters Serve Up $8.4M Transaction (Real Deals)

by George Waldon 11/24/2014 12:00 am

ARCP RL Portfolio V LLC purchased the Red Lobster at 3707 McCain Blvd. in North Little Rock for $4.98 million. ARCP RL Portfolio VI LLC bought the Red Lobster at 8407 W. Markham St. in Little Rock for $3.44 million

Fayetteville Anti-bias Ordinance Splits City, Chamber

by Marty Cook 11/24/2014 12:00 am

On Dec. 9, Fayetteville voters will decide the fate of Ordinance 5703 — commonly known as Chapter 119 — which would prohibit discrimination in the workplace or in housing based on veteran status, sexual orientation, gender identity and socioeconomic background.

Attorney General Warns Residents to Use Caution Shopping Online

by Associated Press 11/21/2014 08:06 am

Arkansas Attorney General Dustin McDaniel is warning residents to use caution when they go online to shop for gifts this holiday season.

Dillard's Investor Advises Company to Pursue REIT Spinoff

by Lee Hogan 11/20/2014 11:58 am

One of the Little Rock-based Dillard's Inc. investors is advising the company to split into a real-estate investment trust and an operating company.

America's Car-Mart 2Q Earnings Rise Amid Higher Sales

by Marty Cook 11/20/2014 09:20 am

America's Car-Mart Inc. of Bentonville reports second-quarter earnings of $7.5 million, a 29.5 percent increase from the same quarter a year ago.

BJ's Restaurant & Brewhouse Coming to McCain Mall

by Arkansas Business Staff 11/19/2014 07:21 am

BJ's Restaurant & Brewhouse is on its way to McCain Mall in North Little Rock. It's expected to open summer 2015.

Arvest Consumer Survey: Arkansans' Opinion of Economy Improving

by Lee Hogan 11/18/2014 09:31 am

Arkansas consumer sentiment is up slightly in Arvest Bank's most recent survey, but it's still lower than surrounding states and considerably lower than the national outlook on the economy.

Harps Planning Grocery Store in Sherwood

by Arkansas Business Staff 11/17/2014 12:00 am

Harps Food Stores Inc. of Springdale will be setting up shop in Sherwood, near the northwest corner of Highway 107 and Oakdale Road.

Tyson Family Stock Nears $3 Billion; Waltons No. 1 On Top Stockholders List

by Gwen Moritz 11/17/2014 12:00 am

The second-wealthiest family in northwest Arkansas, the Tysons, saw their stock holdings increase by nearly $1 billion over the past year — an increase of more than 40 percent.

Cameron Smith & Associates' Mission To Put More Women in Public Company Boardrooms

by Jan Cottingham 11/17/2014 12:00 am

Diversity on corporate boards has been an issue for years. Most companies recognize that having directors from varied backgrounds isn't simply a theoretical matter of equity; it's a matter of performance. Cameron Smith wants to use the contacts built up over 20 years of helping to put women on corporate boards. And women — particularly in Arkansas — could use his help.

Tire Center Transaction Tops $1.5M in NLR (Real Deals)

by George Waldon 11/17/2014 12:00 am

A 43,444-SF tire center in North Little Rock tipped the scales at $1.52 million.

Dillard's 3Q Net Income Up 8 Percent

by Lance Turner 11/13/2014 07:19 am

Dillard's Inc. of Little Rock on Thursday reported third-quarter net income of $55.2 million, up 8.4 percent from the $50.9 million it reported in the same quarter last year.

The People Have Spoken, So Let Them Speak (Editorial)

by Arkansas Business Editors 11/10/2014 12:00 am

Last Tuesday, Saline County became the seventh county in Arkansas to switch from “dry” to “wet” under the onerous law that requires proponents to collect signatures from 38 percent of registered voters just to get the referendum on the ballot.

Josh Bishop Estate Sues Chubby Cheeks Over Beating Death

by Mark Friedman 11/10/2014 12:00 am

The death earlier this year of a 28-year-old who allegedly stole a bottle of wine from a Texarkana liquor store could serve as a cautionary tale for business owners and employees.

Two Pulaski County Apartment Projects Total Nearly $8.5M (Real Deals)

by George Waldon 11/10/2014 12:00 am

Two Pulaski County apartment projects were purchased by an investment group from Brooklyn, New York, in deals that added up to nearly $8.5 million.

Barbara Goswick, Don Smith Top List of CFO of the Year Honorees

by Arkansas Business Staff 11/10/2014 12:00 am

Arkansas accounting professionals took an unaccustomed turn at center stage last Wednesday at the Arkansas Business CFO of the Year Awards luncheon at the Embassy Suites in west Little Rock.

Arkansas Had Soda Tax Long Before Berkeley Caught the Wave

by Arkansas Business Staff 11/10/2014 12:00 am

Berkeley, California, the birthplace of liberal nanny-state policies like smoke-free restaurants and curb cuts for wheelchair access, got a lot of ink last week for passing the nation's first “soda tax.”