Retail Archive

Buying, With and Without People (Jim Karrh On Marketing)

by Jim Karrh 12/14/2015 12:00 am

We human beings can be a strange lot when in our role as consumers. We tend to behave differently as buyers when other human beings are involved in the process of selling to us.

Layne Chastain Named Operations Director at Harps (Movers & Shakers)

by Arkansas Business Staff 12/14/2015 12:00 am

Layne Chastain has been promoted to director of meat and seafood operations by Harps Food Stores Inc. of Springdale, and Sam Horton has been promoted to district manager.

Blue Bell Ice Cream to Return to Arkansas in January

by Arkansas Business Staff 12/11/2015 10:33 am

Blue Bell Ice Cream will begin servicing Little Rock and surrounding areas on Jan. 11, after distribution of their products was shut down in March due to Listeria.

Northwest Arkansas Leads Latest ATBI

by Arkansas Business Staff 12/8/2015 10:18 am

Eight Arkansas cities completed the third quarter with an Arkansas Tech Business Index rating above 100, and they are the same eight cities that held that distinction at the close of second quarter.

Rock Creek Square Deal Totals $6.4 Million

by Arkansas Business Staff 12/7/2015 12:00 am

Precision Equity, a Tulsa real estate investment company, has paid $6.4 million for Rock Creek Square in Little Rock.

Self-Employed Predominate in Agriculture, Construction

by Arkansas Business Staff 12/7/2015 12:00 am

Self-employed Americans and those whom they hired accounted for 44 million jobs in 2014, according to the Pew Research Center.

Wal-Mart's Greg Foran No. 1 In Exec Pay At $19.5M

by Gwen Moritz 12/7/2015 12:00 am

Foran received stock awards in April 2014 for his performance as CEO of Walmart Asia and then more stock as part of a three-year performance incentive program when he was named in August 2014 to succeed Bill Simon as CEO of Walmart stores in the United States.

Car-Mart Not Sweating Short-Term Loss

by Marty Cook 12/7/2015 12:00 am

Hank Henderson, the CEO of America's Car-Mart of Bentonville, has seen the competitive environment in the used-car financing market frustrate his company for more than three years now. Last month, Car-Mart reported a loss of $485,000 for the second quarter of fiscal 2016.

Quality Inn Attracts $2.4 Million Purchase (Real Deals)

by George Waldon 12/7/2015 12:00 am

A 100-room motel in southwest Little Rock tipped the scales at $2.4 million. A 7,760-SF North Little Rock rent-to-own store rang up a $1.39 million sale. And a Dollar General project in west Pulaski County is in motion after a $300,000 land deal.

ABC Approves First Package Permits for Saline County Liquor Stores

by Arkansas Business Staff 11/30/2015 12:00 am

The Arkansas Alcoholic Beverage Control Board so far has approved eight permits for liquor stores in Saline County out of the 21 package store licenses available.

Developer Eyes New Retail, Loft Apartments for Argenta

by Alexis Hosticka 11/25/2015 07:00 am

A developer is planning space for three new retailers and new upscale loft apartments in the 700 block of Main Street in downtown North Little Rock.

Survey: Arkansans Optimistic About Personal Finance, Buying Conditions

by Arkansas Business Staff 11/24/2015 09:00 am

Arkansans remain optimistic, slightly less so than in March, about their personal financial situations, according to the second phase of the Fall 2015 Arvest Consumer Sentiment Survey released Tuesday.

Wal-Mart Pulls Cyber Monday Forward to Sunday, Record Industry Sales Expected

by Nathan Layne, Reuters 11/23/2015 07:38 am

Wal-Mart Stores Inc. of Bentonville has decided that Cyber Monday, the biggest online shopping day of the year, should not start on a Monday anymore.

Analysis: Wal-Mart Scrimps on Hiring As Store Space Grew Rapidly

by Nathan Layne, Reuters 11/23/2015 07:34 am

Wal-Mart has been dogged by criticism of the standard of its stores in recent years, including long checkout lines and insufficient stocking of its shelves. A Reuters analysis of the giant discount retailer's growth and its employee numbers may help explain why

Office Space Filling Up in New Bentonville Building

by Arkansas Business Staff 11/23/2015 12:00 am

Craig Soos plans to open his new office building in Bentonville at the start of the new year. It should be close to capacity the way things are looking.

Chenal Creek Transaction Closes at Nearly $9M (Real Deals)

by George Waldon 11/23/2015 12:00 am

Chenal Creek Little Rock AR LLC of Los Angeles acquired its namesake project at 12800 Chenal Parkway, backed with a $6.8 million loan from Morgan Stanley.

Central Arkansas Retail Space Vacancy Rate Declines

by Arkansas Business Staff 11/23/2015 12:00 am

The vacancy rate for retail space in central Arkansas fell to 5.3 percent in third-quarter 2015 compared with 6 percent in second-quarter 2015.

Georgia-Pacific's Crossett Mill On Front Line of Tissue Wars

by Gwen Moritz 11/23/2015 12:00 am

Georgia-Pacific employs almost 3,500 Arkansans, including 1,500 in Crossett. Of those, more than 1,100 work at the paper mill. The plant runs constantly — four shifts working an average of 40-42 hours per week — in an industry that has emphasized sustainability for decades.

Delayed Growth of Nestlé Foods Regains Promise at Jonesboro Plant

by George Waldon 11/23/2015 12:00 am

Market forces stymied the envisioned ramp-up to 1,000 employees in the years that followed the Nestlé plant announcement in July 2001. But these days that number looks more attainable than ever.

Wal-Mart's Cindi Marsiglio Sees Progress in Made In USA Initiative

by Arkansas Business Staff 11/23/2015 12:00 am

As Wal-Mart Stores Inc. Vice President of U.S. Manufacturing, Cindi Marsiglio oversees the company's 2013 initiative to spend an additional $250 billion on U.S.-made goods during the next 10 years.