Retail Archive

Mobile-Payment Battle Brews Between Apple, Wal-Mart

by Lee Hogan 9/12/2014 10:44 am

A major battle could be brewing between giants of the retail and technology world over how mobile payments will take hold in America.

Fort Smith Leads ATBI in Second Quarter of 2014

by Lee Hogan 9/11/2014 10:13 am

For the second quarter of 2014, Fort Smith remained the leading city on the Arkansas Tech Business Index.

Conway Voters Approve Bond Rededication for Street Improvements

by Lee Hogan 9/10/2014 09:56 am

With more than 75 percent of the vote on each question, Conway voters approved the rededication of a 1/8-cent sales tax for various road projects, including two tied to a proposed shopping and lifestyle center.

Our Community, Our Dollars Files Appeal Over Saline County Alcohol Vote

by Lee Hogan 9/8/2014 04:25 pm

A local option ballot question committee, funded by Wal-Mart Stores Inc. of Bentonville and Kum & Go of West Des Moines, Iowa, appeals to the Arkansas Supreme Court seeking to allow Saline County residents to vote on legalizing retail alcohol sales.

Trans-Atlantic Trade Expedition Bears Promise of Arkansas Jobs

by George Waldon 9/8/2014 12:00 am

Gov. Mike Beebe and Grant Tennille, executive director of the AEDC, hinted that meetings in Europe would yield announcements in the not-so-distant future regarding new jobs and capital investment in Arkansas.

Toymaker Redman's Rough History Doesn't Deter State Investment

by Marty Cook 9/8/2014 12:00 am

The state's top economic development official said he has no undue concerns about a $2 million taxpayer investment in Redman & Associates, despite the CEO's bankruptcy a decade ago and subsequent litigation, including a lawsuit related to the product the company is manufacturing in Rogers.

Redman: ‘Unfair' Price Increase Sparked Move Back to U.S. from China

by Marty Cook 9/8/2014 12:00 am

Mel Redman said he and his son began planning to move the manufacturing of a 6-volt battery-operated toy car from China to northwest Arkansas after Redman & Associates was hit with unexpected price increases a couple of years ago.

Arkansas, You're All Wet (Gwen Moritz Editor's Note)

by Gwen Moritz 9/8/2014 12:00 am

It is a shame that, if my expectation comes true and the all-wet amendment passes in November, no Arkansan will have the option of living in a dry county and no county will have the option of being dry. But let us not forget how and why we got to this point.

Conway Kum & Go Leads Trio of Faulkner County Million-Dollar Deals

by Arkansas Business Staff 9/8/2014 12:00 am

The $3.6 million sale-leaseback of a super convenience store is atop this week's series of big-bucks real estate deals in Conway.

Update: 14 Laid Off By Toy Car Maker in Blow to Wal-Mart's 'Made in USA' Initiative

by Marty Cook and Gwen Moritz 9/5/2014 04:03 pm

Redman & Associates filed a federal lawsuit Friday accusing a Chinese company of engaging in an "underhanded strategy" in an attempt to derail Wal-Mart's attempts to bring manufacturing back to the U.S.

Little Rock Police Arrest 11 in Minimum Wage Protest

by Lance Turner 9/4/2014 10:31 am

Arkansas Business news partner THV 11 News reports that Little Rock Police arrested 11 people during a Thursday morning demonstration calling for a higher minimum wage.

Voting Underway in Conway Bond Rededication Special Election

by Lee Hogan 9/4/2014 07:21 am

Early voting in a Sept. 9 special election is underway in Conway, with voters considering whether to rededicate a 1/8-cent sales tax for various road projects, including two tied to a large retail development.

Car-Mart Stays the Course in Low-Interest Environment

by Marty Cook 9/1/2014 12:00 am

Fiscal 2014, which ended April 30, was ‘a pretty stout year' for America's Car-Mart Inc., where sales were up but earnings were down 34 percent. Fortunately, the new year is looking better.

Arkansas Blue Cross & Blue Shield Opening Retail Store in Hot Springs

by Michelle Corbet 9/1/2014 12:00 am

Arkansas Blue Cross & Blue Shield is opening its third health insurance retail store, known as ArkansasBlue, across the street from CHI St. Vincent in Hot Springs.

Health Insurers Report Rising Premium

by Mark Friedman 9/1/2014 12:00 am

2013 was another good year for nearly all of the companies on Arkansas Business' list of the largest health insurance companies that write premium in the state.

Central Arkansas Retail Space Vacancy Rate Stays Stable

by Arkansas Business Staff 9/1/2014 12:00 am

The vacancy rate for commercial retail space in central Arkansas stood at 5.3 percent in second-quarter 2014, compared with the first-quarter rate of 5.2 percent and the year-earlier rate of 6 percent.

Metro Builders Property Weighs In at $3.8 Million (Real Deals)

by George Waldon 9/1/2014 12:00 am

A commercial project in North Little Rock shifted ownership in a $3.8 million transaction. Dozens of lots in North Little Rock's Villages of San Luis residential development were sold in combined transactions totaling $1.56 million. And a 17,234-SF nonprofit facility in midtown Little Rock tipped the scales at $1.35 million.

Arkansas Lottery Taps Daryl Backes as Security and Compliance Director (Movers & Shakers)

by Arkansas Business Staff 9/1/2014 12:00 am

Daryl Backes, former security chief for the Missouri Lottery, has been hired as security and compliance director for the Arkansas Scholarship Lottery in Little Rock. Backes fills the position vacated by the retirement of Lance Huey in July.

Greenway Picks 7 John Deere Dealerships in $112M Buy

by Arkansas Business Staff 9/1/2014 12:00 am

Greenway Equipment Inc. of Newport purchased a string of John Deere dealerships in Grady, England, Pine Bluff, Bryant, Conway, DeWitt and Stuttgart.

Main Street Walgreens Tops List of Recent Seven-Digit Deals

by Arkansas Business Staff 9/1/2014 12:00 am

This week's roster of million-dollar transactions includes samplings from the retail, residential and industrial sectors.