Retail Archive

Plans to Open The Barn Mercantile in River Market Announced

by Arkansas Business Staff 5/25/2017 03:34 pm

Moses Tucker Real Estate Inc. and Michelle and Leroy DuBre of Kilwins on Thursday announced that the DuBres have signed a lease for 301A President Clinton Ave. in the historic Melton Building in downtown Little Rock and plan to open The Barn Mercantile there.

Aromatique Founder Patti Upton Dies At 79

by Sarah Campbell-Miller 5/25/2017 09:57 am

Patti Upton, founder of multimillion dollar company Aromatique, died Tuesday at her home on Eden Isle in Heber Springs following a brief illness. She was 79.

5 Companies Earn Global Trade Awards, Proactive Approach Touted

by Sarah Campbell-Miller 5/24/2017 02:42 pm

The Arkansas District Export Council recognized five winners of the 2017 Governor's Award for Excellence in Global Trade at its annual awards luncheon Wednesday at the Governor's Mansion.

Car-Mart Reports Higher Income, Lower Revenue for 4Q

by Arkansas Business Staff 5/22/2017 04:22 pm

America's Car-Mart Inc. of Bentonville on Monday reported fiscal 2017 fourth-quarter income of $5.2 million, up from $3.4 million it reported during the same quarter a year ago.

Walton Family Foundation Awards $454.4M in Grants in 2016

by Sarah Campbell-Miller 5/22/2017 10:52 am

The Walton Family Foundation awarded $454.4 million in grants for K-12 education and environmental programs, home region and special projects in 2016, according to the nonprofit's annual report released on Monday.

Arkansas Blue Cross & Blue Shield Tops Big Private Companies List

by Gwen Moritz 5/22/2017 12:00 am

Arkansas Blue Cross & Blue Shield of Little Rock, with revenue doubling in the past five years to nearly $2.5 billion, has taken the top spot on Arkansas Business' annual list of the state's largest private companies.

Dealership Acquisitions Fuel McLarty Automotive Group

by George Waldon 5/22/2017 12:00 am

Three years after returning home to Arkansas, Mark McLarty has assembled one of the largest auto dealership groups in the nation.

Jonesboro Area? It Conveys Everything

by Kyle Massey 5/22/2017 12:00 am

Smack in the middle of a business surge driven by the e-commerce revolution sits Jonesboro and northeast Arkansas, the little-known conveyor capital of the United States.

Crowne Plaza Hosts $13.5M Transaction (Real Deals)

by George Waldon 5/22/2017 12:00 am

Crowne Plaza Little Rock LLC, led by Wally Allen, sold the 244-room hotel at 201 S. Shackleford Road.

At Annual Meeting, William Dillard II Says He's Encouraged With Recent Trends

by Mark Friedman 5/20/2017 12:10 pm

Despite the negative news surrounding the retail industry, Dillard's Inc. CEO William Dillard II said Saturday he is encouraged with some recent trends.

Arkansas Unemployment Rate Drops to 3.5 Percent

by Arkansas Business Staff 5/19/2017 11:19 am

Arkansas' unemployment rate fell in April to a new record low, 3.5 percent, down one-tenth of a percentage point from March and six-tenths of a percentage point from April 2016.

Wal-Mart Tops 1Q Profit Forecasts, Online Sales Up 63 Percent

by Lance Turner 5/18/2017 06:55 am

Wal-Mart Stores Inc. of Bentonville on Thursday reported first-quarter earnings that beat analyst expectations, and online sales rose 63 percent on what the retailer called "organic" growth at its website.

Jobs Mix Keeps Unemployment Low in Faulkner County

by Lance Turner 5/16/2017 01:43 pm

The decline of the Fayetteville Shale cost jobs in Faulkner County, but a diverse economy led by sales, office and administrative professions continued to keep the unemployment rate near historic lows.

Lawsuit: Wal-Mart Discriminated Against Pregnant Women

by Daniel Wiessner, Reuters 5/15/2017 03:18 pm

Two former Wal-Mart employees have filed a lawsuit accusing the retailer of treating thousands of pregnant workers as "second-class citizens" by rejecting their requests to limit heavy lifting, climbing on ladders and other potentially dangerous tasks.

Harps Registers Nearly $5M Sale of Vilonia Store

by Arkansas Business Staff 5/15/2017 12:00 am

A grocery store in Vilonia, a church in Benton, Burger Kings in Cabot and Conway, a west Little Rock manor and an auto project in Sherwood have assembled for a six-pack of multimillion-dollar transactions.

A Look Inside a $12.4 Million Slap at Wal-Mart

by Mark Friedman 5/15/2017 12:00 am

Last month a federal jury in Fayetteville ordered Wal-Mart to pay $12.4 million for damages that included willful and malicious misappropriation of Cuker's confidential information and trade secrets.

Fayetteville Attorney Seeks Sanctions Against Wal-Mart, Saying It Abused Process

by Mark Friedman 5/15/2017 12:00 am

Fayetteville attorney Mark Henry last week asked a federal judge to sanction Wal-Mart Stores Inc. for alleged discovery abuses throughout the case involving Cuker Interactive LLC of San Diego.

Customer Demand Drives Final Mile Industry

by Marty Cook 5/15/2017 12:00 am

The “final mile” of shipping items purchased online — experts call it a $13 billion market — is tantalizing for shippers even as it is putting pressure on retailers' margins.

WLR Office Building Attracts $3.2M Sale (Real Deals)

by George Waldon 5/15/2017 12:00 am

Normandy Place LLC, led by Max Mehlburger, purchased the Markham Executive Center at 10201 W. Markham St. The seller is Security Plan Life Insurance Co. of Donaldsonville, Louisiana.

Wal-Mart CEO to Face Questions in Lawsuit Over Bribery

by Jonathan Stempel, Reuters 5/12/2017 08:20 am

A federal judge orders Wal-Mart Stores Inc. Chief Executive Douglas McMillon to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery by the world's largest retailer in Mexico.

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