Retail Archive

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.

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.

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.

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.

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.

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.

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.

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.

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.

Alcohol Amendment Will Be on November Ballot

by Arkansas Business Staff 8/29/2014 03:45 pm

Arkansas Secretary of State Mark Martin announced Friday afternoon the Arkansas Alcoholic Beverage Amendment will be on the general election ballot in November.

Student Entrepreneur's Doughnut Holes Available Soon at Spokes

by Mark Carter 8/28/2014 09:04 am

Downtown workers can get their doughnut hole fix beginning Friday, Sept. 5, at Spokes' coffee and smoothie shop inside Orbea's North American headquarters in the 100 block of Main in Little Rock.

Labor Force Down Across State, Five Metro Areas in July

by Lee Hogan 8/27/2014 10:13 am

While the number of unemployed workers and the unemployment rate in Arkansas and its six metropolitan areas was lower in July than a year ago, the labor force was also down in Arkansas and in five metropolitan areas.

Arvest Consumer Survey: Arkansans Have Debts, Saving Rates Similar to Region

by Lee Hogan 8/26/2014 09:18 am

Arkansas consumers have similar debts and saving rates to their neighbors in Missouri and Oklahoma, according to the final release of the first Arvest Bank Consumer Sentiment Survey.

Zoës Kitchen, Chipotle Step Up to Plate of College Marketplace

by Arkansas Business Staff 8/25/2014 12:00 am

Two eateries are in the pipeline to set up shop at College Marketplace in Fayetteville: Zoes Kitchen Inc. of Plano, Texas, and Chipotle Mexican Grill.

Emily Plaza To Get New Look, CVS to Start Construction in Springdale (NWA Real Deals)

by Marty Cook 8/25/2014 12:00 am

Mathias Shopping Centers Inc. of Springdale did a $2.5 million swap with Five Forty Properties LLC of Little Rock. And CVS Caremark Corp. of Woonsocket, Rhode Island, is scheduled to begin construction later this month on a pharmacy in Springdale.

First Mini Dealership in State Uses Enhanced IT Solutions

by Brandon Riddle 8/25/2014 12:00 am

Parker Mini of Little Rock opened earlier this year as the first MINI dealership in the state. The dealership, owned by the Parker Automotive Group, uses information technology services unique to the dealership provided by the Computer Hut of Little Rock as a way to promote its “Dare to be different” strategy.

Clothes Mentor Opens in NLR, Plans More Sites

by Brandon Riddle 8/25/2014 12:00 am

Clothes Mentor, a franchise based in Columbus, Ohio, has opened its first location in Arkansas in North Little Rock and plans to open two additional stores in Little Rock and Conway.

LR Retail Centers Draw $6.1 Million Transaction (Real Deals)

by George Waldon 8/25/2014 12:00 am

Two retail projects in southwest Little Rock tipped the scales at $6.1 million. Geyer Springs Shopping Center LLC of Brooklyn, New York, bought its namesake 152,852-SF property at 8717 Geyer Springs Road and the 21,760-SF Geyer South project at 8521 Geyer Springs Road.

Car-Mart Net Revenue Up Slightly While Net Income Slips

by Marty Cook 8/20/2014 06:06 pm

The company said diluted earnings per share were 79 cents, the same as a year ago but more than the average analyst estimate of 62 cents.

Last Chance to Nominate Candidates for Arkansas Business' 20 in Their 20s List

by Arkansas Business Staff 8/19/2014 11:42 am

Nominations are being accepted for the list of the state's most influential young professionals, "The New Influentials: 20 in Their 20s."