Retail Archive

Heartland Bank Takes Over Allied Bank's Last Little Rock Branch

by Arkansas Business Staff 2/15/2016 12:00 am

The location of Allied Bank's last operational branch in Little Rock recently was forfeited in lieu of foreclosure.

Whole Foods Market Looking To Tap Fayetteville Shoppers

by Arkansas Business Staff 2/15/2016 12:00 am

The Whole Foods Market set to open in Fayetteville on March 2 will include a beer and wine bar and a 1,500-SF, 16-tap taproom offering local brews from Core Brewing, based in Springdale, and Fossil Cove Brewing, based in Fayetteville.

McLarty Automotive's North Point Buys Total $10.3 Million

by Arkansas Business Staff 2/15/2016 12:00 am

Affiliates of MAG bought the 11.58-acre North Point Nissan development at 1 Col. Glenn Plaza Drive for $7.5 million and the 1.3-acre North Point Mazda development at 6030 Landers Road in North Little Rock for $2.8 million.

Crestwood Manor Sale Tops $9 Million (Real Deals)

by George Waldon 2/15/2016 12:00 am

Crestwood Manor, a 228-unit apartment project in the Hillcrest area of Little Rock, was purchased by an Alabama affiliate.

Unemployment Falls in Arkansas Metros in 2015

by Arkansas Business Staff 2/15/2016 12:00 am

Unemployment in Arkansas' metropolitan areas has fallen significantly in the last year, notes Michael Pakko, an economist at the University of Arkansas at Little Rock.

Gearhead Outfitters' Ted Herget on Winning Regional Customers Against National Online Retailers

by Arkansas Business Staff 2/15/2016 12:00 am

Ted Herget is the founder and president of Gearhead Outfitters in Jonesboro, the 2015 Arkansas Business of the Year winner in Category II.

Report: Jonesboro Weathered Recession Well, Leads State in Job Growth

by George Jared 2/12/2016 08:54 am

Jonesboro fared much better than other Arkansas cities during the economic downturn, and its job growth continues to be a standard-bearer in the Natural State.

Southern Reel Outfitters to Open Store in March

by Arkansas Business Staff 2/11/2016 03:33 pm

Southern Reel Outfitters, a 2,400-SF retail space selling fishing tackle and outdoor clothing brands, announced Thursday a grand opening date of Saturday, March 12.

Jacksonville Mayor: Millage Vote a 'Game Changer'

by Mark Carter 2/11/2016 10:51 am

Jacksonville's new high school should be open by the fall 2019, thanks to voters who on Tuesday approved a 7.6 mill property tax increase to fund facilities.

Most ATBI Cities See Improvement in November

by Arkansas Business Staff 2/10/2016 10:17 am

Fourteen of the 18 municipalities tracked by the Arkansas Tech Business Index saw their index ratings increase in November.

Brown Sugar Bakeshop Plans to Fill Cake Hole in NLR

by Arkansas Business Staff 2/8/2016 12:00 am

Brown Sugar is planning later this month to move its retail location to the corner of JFK and McCain in North Little Rock and operate as "a drive-through dessertery."

Dollar Tree To Set Roots in Farmington

by Arkansas Business Staff 2/8/2016 12:00 am

Interior renovations are ongoing at a 7,600-SF building at 219 W. Main. The Tamarron Investment Group, through its Abbey Fund, bought the property for $400,000 in February 2015 from Richard Srygley's RCS Land Co. LLC.

Cities in Arkansas Scrambling to Fill Vacant Walmart Locations

by Mark Friedman 2/8/2016 12:00 am

Since Wal-Mart Stores Inc. announced last month it was closing 154 stores in the United States, Gentry Mayor Kevin Johnston has been on the phone and sending emails trying to attract a grocery store to the Benton County town.

Arkansas Sees Volume, Value of Biggest Deals Drop

by Jan Cottingham 2/8/2016 12:00 am

The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story. The known value of big deals in the state — those worth $9 million or more — fell 53 percent in 2015 compared with 2014, to $8.8 billion compared with $16.6 billion.

Personal Income in Arkansas Metro Areas See Increase

by Arkansas Business Staff 2/8/2016 12:00 am

The eight metropolitan areas of Arkansas reported increases in local area personal income in 2014, with growth ranging from 1.6 percent in Pine Bluff to 4.1 percent in Fort Smith.

Developmental Center Sells for $3.2 Million (Real Deals)

by George Waldon 2/8/2016 12:00 am

The sale of a 30,565-SF clinic in Little Rock, a string of apartments in the Hillcrest area and an 82-room motel in southwest Little Rock top the latest real estate transactions in Pulaski County.

When Every Day's a Super Bowl (Ross Cranford Expert Advice)

by Ross Cranford 2/8/2016 12:00 am

Everybody knows that the Super Bowl is one of the most watched televised events of the year — 114.4 million viewers in 2015, the largest U.S. audience in history. And every client is now trying to reach customers where, increasingly, they live: on mobile devices. But as Facebook COO Sheryl Sandberg recently said, “We have a Super Bowl on mobile every day.”

Sweet Love's Kelli Marks Joins Treatsie (Movers & Shakers)

by Arkansas Business Staff 2/8/2016 12:00 am

Kelli Marks, founder of Sweet Love Bakes in Little Rock, has been hired as the head of digital content by Treatsie, an online artisan sweets business also based in Little Rock.

Murphy USA to Sell CAM Pipeline for $85M; 4Q Income Down 32 Percent

by Alexis Hosticka 2/4/2016 09:24 am

Murphy USA Inc. of El Dorado on Wednesday announced fourth-quarter net income of $66.7 million, down 32 percent from $98.3 million in the same quarter in 2014.

Bourbon & Boots Acquires Tales from the South

by Arkansas Business Staff 2/3/2016 01:48 pm

Bourbon & Boots, the "Southern-inspired lifestyle brand" based in North Little Rock, has acquired the public radio show Tales from the South, the company officially announced.