Retail Archive

18 Conditional Permits Granted for Liquor Stores in Saline County

by Alexis Hosticka 8/20/2015 10:53 am

Eighteen individuals received Wednesday conditional permits for liquor store licenses in Saline County from the Arkansas Department of Finance & Administration's Alcoholic Beverage Control department.

Hibbett Sports Opening Store in Lonoke

by Arkansas Business Staff 8/20/2015 07:28 am

The Lonoke store will be located at 1444 N. Center St. in the Oak Tree Plaza shopping center and will follow the typical Hibbett format of roughly 5,000-SF. It will employ eight full- and part-time workers.

Site Work Begins for Lewis Crossing in Conway

by Arkansas Business Staff 8/19/2015 09:30 am

The Lewis Crossing shopping center development, expected to open in the fall of 2016, officially is under construction in Conway at the southeast corner of Interstate 40 and Dave Ward.

Financial Quarter Planned to Revitalize More of Downtown Little Rock

by Alexis Hosticka 8/18/2015 03:20 pm

With hopes of revitalizing more of downtown Little Rock, studioMAIN is leading an effort to create the Financial Quarter, an area stretching from Sixth Street to the Arkansas River and Main Street to Broadway.

Buddy Philpot Stepping Down as Walton Family Foundation Director

by Arkansas Business Staff 8/18/2015 01:44 pm

Philpot grew the Walton Family Foundation from $40 million in annual grants to $374 million in 2014, and from a four-person staff to more than 75 employees.

AP Analysis: No Pain, No Gain for Stores Chasing Fickle Shoppers

by Anne D'Innocenzio, AP Retail Writer 8/18/2015 01:29 pm

Wal-Mart's second-quarter earnings report showed its investments in its workers and its efforts to overhaul the store experience are dragging down profits more than it expected. The comforting news for Wal-Mart's shareholders: the efforts are perking up sales and traffic at its U.S. namesake stores.

Wal-Mart Cuts Earnings; Reports 2Q Drop

by Arkansas Business Staff 8/18/2015 07:02 am

Wal-Mart Stores Inc. of Bentonville cut its earnings outlook early Tuesday, reporting an 11.4 percent drop in second-quarter profit.

Murphy Oil USA Picks Up Sears Auto Property on Chenal

by Arkansas Business Staff 8/17/2015 12:00 am

The featured quartet of million-dollar transactions comprises a 1.33-acre site for a convenience store in west Little Rock, undeveloped apartment land in North Little Rock, a 240-unit mini-storage project in west Pulaski County and a 6,642-SF home in west Little Rock.

No Clean Bill of Wealth for Comet Cleaners Franchise

by Arkansas Business Staff 8/17/2015 12:00 am

A Little Rock company said it was taken to the cleaners when it dealt with Comet Cleaners Franchise Group LLC of Arlington, Texas.

Party City Purchase Tops $2.8 Million (Real Deals)

by George Waldon 8/17/2015 12:00 am

An 8,100-SF retail project in west Little Rock weighed in at more than $2.8 million. A 1,866-SF KFC in Little Rock changed hands in a $1.65 million sale. And a 13,190-SF warehouse in North Little Rock rang up a $625,000 transaction.

Outlets of Little Rock to Host Job Fair

by Alexis Hosticka 8/14/2015 01:12 pm

Outlets of Little Rock will host a job fair to begin the process of filling hundreds of full- and part-time positions for many of the brand-name retail stores coming to the shopping destination.

Dillard's 2Q Net Down 13 Percent, Same-Store Sales Up 1 Percent

by Lance Turner 8/13/2015 06:47 am

Dillard's Inc. of Little Rock on Thursday reported second-quarter net income of $29.9 million, or 75 cents per share, down 13 percent from $34.5 million, or 80 cents per share, in the same quarter last year.

Lonoke County Farmland, Hurricane Lake Lots Highlight Tri-County Seven-Digit Deals

by Arkansas Business Staff 8/10/2015 12:00 am

More than 570 acres in Lonoke County, 37 residential lots in Saline County, land for a commercial redevelopment in Benton and a big home in west Little Rock provide this week's quartet of million-dollar transactions.

Watergate Apartments Draw $7.8 Million Sale (Real Deals)

by George Waldon 8/10/2015 12:00 am

The sale of a 148-unit apartment complex in Little Rock tipped the scales at $7.8 million.

Banded Holdings of Springdale Acquires Avery Outdoors

by Mark Carter 8/5/2015 09:49 am

Banded Holdings Inc. of Springdale has acquired Avery Outdoors Inc. of Memphis, which makes waterfowl hunting gear under the Avery, Greenhead Gear and Avery Sporting Dog brands.

Hays Buys Coca-Cola Plant in Jonesboro, Eyes November Open

by Alexis Hosticka 8/5/2015 09:48 am

Empty and on the market since 2008, the Coca-Cola bottling plant at the intersection of South Caraway Road and Highland Drive in Jonesboro is getting new life as a 55,000-SF Hays Clothing store set to open in November.

Del Frisco's Grille, Heading to Promenade in Little Rock, Hiring 120

by Alexis Hosticka 8/3/2015 09:47 am

Publicly traded restaurant chain Del Frisco's Grille said Monday that it plans to hire 120 employees for its new Little Rock location scheduled to open in September.

Party City, KFC Lead Off Recent Million-Dollar Deals

by Arkansas Business Staff 8/3/2015 12:00 am

A store in west Little Rock, a fast-food eatery in downtown Little Rock and a home near the Country Club of Little Rock provide our grouping of recent seven-digit deals.

Jonesboro's Highland Center Gets New Name in Retail Buy

by Arkansas Business Staff 8/3/2015 12:00 am

A 60,000-SF shopping center in Jonesboro has a new owner and will have a new name: The Highlands.

What $100 Means in Arkansas: A State-by-State Analysis

by Arkansas Business Staff 8/3/2015 12:00 am

The Tax Foundation, a nonprofit that studies tax policy, last month published a map showing the real value of $100 in each state in the country.