Retail Archive

America's Car-Mart Execs Do Without Bonuses

by Gwen Moritz 6/13/2014 03:45 pm

America's Car-Mart's disappointing bottom line in its most recent fiscal year was reflected in the compensation its top executives received, the proxy statement filed this week shows.

Conway Voters to Consider Bonds for Central Landing Street Improvements

by Lee Hogan 6/13/2014 03:33 pm

Conway voters will decide in a special election Sept. 9 whether a 1/8 cent sales tax will be rededicated to be used for special bonds to finish road work tied to the proposed Central Landing, a mixed-use redevelopment of the 151-acre municipal airport.

Report: Fernando Madeira Named Walmart.com CEO

by Lee Hogan 6/10/2014 10:22 am

Fernando Madeira, president and CEO of Latin America at Wal-Mart e-commerce, has been named chief executive officer of Walmart.com., according to a report from Bloomberg.

8 Wal-Mart Directors Elected With Fewer Votes Than in 2013

by Lee Hogan 6/9/2014 12:33 pm

All 14 nominees for Wal-Mart Stores Inc.'s Board of Directors were approved by voters at Friday's annual shareholders meeting in Fayetteville, but eight of the nominees received a smaller percentage of votes than the previous year.

Moses & Tucker Lead Refinancing of River Market Tower

by Arkansas Business Staff 6/9/2014 12:00 am

Did you know the River Market Tower in downtown Little Rock is built on a new financial foundation? The ownership group, led by developers Jimmy Moses and Rett Tucker, bought the project's debt from an affiliate of the The Broe Group of Denver for an undisclosed sum.

June Groundbreaking Planned for Creekside Retail in Rogers

by Arkansas Business Staff 6/9/2014 12:00 am

Developer Jason Pullman of Bentonville said the project at 2012 S. Promenade Blvd. received clearance in early May from city officials after engineering work was done by Tom Oppenheim of CEI Engineering Inc.

Update: Wal-Mart Executives Focus On Small Stores, Online

by Marty Cook 6/6/2014 01:30 pm

Same-store sales continue to drop for Wal-Mart Stores Inc. of Bentonville, but U.S. stores division CEO Bill Simon seemed to shrug off concerns Thursday during question-and-answer session with reporters.

Greg Penner Named Wal-Mart Board Vice Chairman

by Lance Turner 6/6/2014 08:52 am

Wal-Mart Stores Inc.'s board of directors announces the appointment of Greg Penner to the new position of vice chairman of the board.

Plans Submitted for Hotel, Murphy USA at Former Brandon House Furniture Site

by Lee Hogan 6/5/2014 11:51 am

The former home of Brandon House Furniture at the northwest corner of University Avenue and 12th Street in Little Rock could soon be the new home of a five-story, 110-room hotel and Murphy USA convenience store.

Diamond Bear Brewing to Open Restaurant

by Jan Cottingham 6/4/2014 10:00 am

Diamond Bear Brewing Co. is working to open a new restaurant, Arkansas Alehouse, this month at its new headquarters in North Little Rock. Includes video.

Barbara Graves Intimate Fashions Is Closing

by Lance Turner 6/3/2014 11:50 am

Our sister publication, Little Rock Soirée, is passing along word that Barbara Graves Intimate Fashions in Breckenridge Village is closing after more than 40 years in business.

Arkansas Scholarship Lottery Fights Falling Sales

by Luke Jones 6/2/2014 12:00 am

While the state's two gambling venues are predicting green pastures and growth, the Arkansas Scholarship Lottery is resigned to a second consecutive decline in annual revenue.

Got Cash? (Craig Douglass On Consumers)

by Craig Douglass 6/2/2014 12:00 am

Are some entities suffering by not adding to their payment options? The answer, of course, is yes.

Whole Foods Making Move to Bowman, Looks for Room To Grow

by Arkansas Business Staff 6/2/2014 12:00 am

Whole Foods Market Inc. is getting a new Little Rock home next year. The high-end grocery store at 10700 N. Rodney Parham Road is expected to move into the former 39,200-SF Linens N Things store at 501 S. Bowman Road.

Village Green, Citgo Part of Recent Million-Dollar Deals

by Arkansas Business Staff 6/2/2014 12:00 am

A 172-unit apartment project in southwest Little Rock leads the way in this installment of seven-digit deals.

Bentonville Remains Atop Arkansas Tech Business Index

by Lee Hogan 5/30/2014 04:55 pm

Bentonville remained atop the Arkansas Tech Business Index's ranking of 16 municipalities across the state, accrording to data compiled for February. In all, 10 cities were above the state average since 2009.

4 Wheel Parts to Open Sherwood Store This Summer

by Arkansas Business Staff 5/29/2014 02:20 pm

4 Wheel Parts, the nation's largest distributor of off-road parts and accessories, has signed a seven-year lease for property at 5620 Warden Road in Sherwood, which will become its first Arkansas location.

HomeGoods Coming to The Promenade at Chenal in Little Rock

by Lee Hogan 5/29/2014 09:26 am

Construction has started on a HomeGoods store at The Promenade at Chenal. The home furnishing store is set to open this fall.

Video: Highlights From Wal-Mart CEO Doug McMillon's Appearance at Code Conference

by Lance Turner 5/28/2014 04:26 pm

Highlights from Wal-Mart Stores Inc. CEO Doug McMillon's appearance today at the Code Conference, put on by Kara Swisher and Walt Mossberg's tech news site Re/Code.

Update: America's Car-Mart 4Q Profit Drops 28 Percent

by Marty Cook 5/28/2014 01:04 pm

America's Car-Mart Inc. of Bentonville reports fourth-quarter net income of $6.8 million, down 28 percent from the same quarter last year as "too many" of its customers didn't "successfully fulfill the requirements of their contracts."