Retail Archive

Wal-Mart CEO Says Company's U.S. Workers Will Soon Make Above Federal Minimum Wage

by Lee Hogan 12/11/2014 02:47 pm

Employees of Wal-Mart Stores Inc. of Bentonville have protested for an increase in wages, and according to company CEO Doug McMillon, that raise is coming soon.

More Changes at Wal-Mart's US Division; Judith McKenna New COO

by Arkansas Business Staff 12/10/2014 03:28 pm

Wal-Mart Stores Inc. of Bentonville on Wednesday announced another executive change at its U.S. stores division. Judith McKenna has been promoted to COO of Walmart U.S. She will report to Greg Foran, who took over as CEO of Wal-Mart's U.S. stores in August.

NLR Chamber, ABPG Launch Arkansas Women's Hall of Fame

by Lee Hogan 12/10/2014 01:38 pm

The North Little Rock Chamber of Commerce, in partnership with Arkansas Business Publishing Group of Little Rock, launched the Arkansas Women's Hall of Fame on Wednesday.

Fort Smith No. 1 in Arkansas Tech Business Index for September, 3Q

by Lee Hogan 12/9/2014 10:27 am

Fort Smith returned to the top of the Arkansas Tech University Business Index in September, and also led the way in the third-quarter rankings.

Downtown Partnership Leader Sharon Priest to Retire

by Arkansas Business Staff 12/8/2014 01:45 pm

The Downtown Little Rock Partnership said Monday that its executive director, Sharon Priest, will retire at the end of January.

Kohl's Keeps Bright in Eyes of EPA

by Sean Beherec 12/8/2014 12:00 am

Kohl's was ranked second in the country behind Wal-Mart for the most installed solar capacity in a report release in October by the Solar Energy Industries Association, and Ikea was recognized for having the highest percentage of its stores with a solar array.

Traditions That Just Need to End (Gwen Moritz Editor's Note)

by Gwen Moritz 12/8/2014 12:00 am

Smart retailers, the kind that survive, will adjust to consumer habits. They will recognize which things people buy online and which things they still want to buy in a store. But, as the NRF pointed out again last week, brick-and-mortar “Main Street” retailers deserve a level playing field.

Big River Pushes Construction Total to $2.2B

by George Waldon 12/8/2014 12:00 am

The valuation of large commercial projects underway in Arkansas approached $2.2 billion, nearly double the tally from a year ago. The big leap was thanks in no small measure to the $700 million construction contract for the Big River Steel Mill manufacturing facility near Osceola.

Gateway's Grove Project Adds to 2015 Commercial Construction

by George Waldon 12/8/2014 12:00 am

A 33-acre piece of Little Rock's Gateway Town Center development is poised to add some new commercial construction in 2015.

Opinions Divided On Dillard's REIT

by Mark Friedman 12/8/2014 12:00 am

Marcato Capital Management LP of San Francisco, which owns 4.9 percent of Dillard's Inc. stock, said in a news release last month that it wants the company to create a stand-alone real estate investment trust for its assets.

Wal-Mart Investment in Solar Energy Transforms Industry

by Sean Beherec 12/8/2014 12:00 am

Wal-Mart's investment in solar energy over the last nine years has paid off not only for the company, but also for its competitors and other businesses, as its scale has helped transform the industry.

VCC Goes Big in Vegas with $344M Downtown Summerlin Project

by George Waldon 12/8/2014 12:00 am

Completing a half-built, 1.5 million-SF retail-office center in less than 18 months presented a desert challenge for VCC LLC. The sprawling Downtown Summerlin project in the western suburbs of Las Vegas also represented unfinished business for the Little Rock general contracting firm.

NLR Chamber, ABPG Join In Women's Hall of Fame

by Arkansas Business Staff 12/5/2014 11:36 am

The North Little Rock Chamber of Commerce is partnering with Arkansas Business Publishing Group of Little Rock to launch a new program to honor the significant contributions of Arkansas women in business, politics, philanthropy and other fields.

Cyber Monday Brings Wal-Mart Its Largest Day Ever Online

by Lee Hogan 12/2/2014 02:29 pm

Wal-Mart Stores Inc. of Bentonville says Cyber Monday was its biggest day ever for online orders.

Arkansas State, Haag Brown Partner for 26-Acre Commercial Development Project

by Lee Hogan 12/2/2014 12:30 pm

A partnership between Arkansas State University and Haag Brown Commercial of Jonesboro is eying a 26-acre tract in northeast Jonesboro for commercial development.

Arkansans More Pessimistic About Finances, Feel Better About Major Household Purchases

by Lee Hogan 12/2/2014 10:40 am

Arkansans feel more pessimistic about their current and expected financial situation, but feel more optimistic about buying major household items, according to the latest consumer sentiment survey from Arvest Bank.

WLR Retail Property, Airport Hotel Each Sell for Over $4 Million

by Arkansas Business Staff 12/1/2014 12:00 am

An 8,245-SF retail project in west Little Rock and a 138-room hotel in east Little Rock near the Clinton National Airport each topped the $4 million mark.

Freckled Frog Goes A-Courtin' in Lawsuit Over Trademark

by Arkansas Business Staff 12/1/2014 12:00 am

There can be only one freckled frog. That's the position taken in a lawsuit filed by the owners of The Freckled Frog Inc., a Little Rock store selling jewelry, candles and other handcrafts.

The Gasoline Price Dividend (Craig Douglass On Consumers)

by Craig Douglass 12/1/2014 12:00 am

The consequence of low prices at the pump is a gasoline dividend, which is being paid to Arkansas motorists and their households every time a tank is filled. In addition to general retail spending and the state sales tax collections that go with it, here are three specific outcomes of the dividend we should be looking for.

So Change the Law (Editorial)

by Arkansas Business Editors 12/1/2014 12:00 am

A recent New York Times article pointed out something that had also been nagging at us here at Arkansas Business: otherwise law-abiding citizens being charged and convicted of a federal felony known as structuring.