Retail Archive

Spending Your Gasoline Savings (Craig Douglass On Consumers)

by Craig Douglass 2/2/2015 12:00 am

The highest average recorded price of regular gasoline at the pump in Arkansas is $3.97. That pinnacle was reached in July 2008. More important, however, is the fact that only one year ago, the average price was $3.09. And today, the average at-the-pump price of regular is $1.90. There exists in the Arkansas economy today a gas price dividend. And that means weekly consumer savings of at least $15.25. So how are you spending the extra money? Or how should you?

Mountain Pure Liquidates In $6 Million Transaction (Real Deals)

by George Waldon 2/2/2015 12:00 am

The Arkansas assets of Mountain Pure Water changed hands in a $6 million foreclosure sale. Land for future expansion in North Little Rock weighed in at $1.22 million. And a 2,647-SF bank branch in midtown Little Rock tipped the scales at $1.18 million.

Report: State Jobless Rate Down to 5.7 Percent

by Mark Carter 1/27/2015 09:35 am

Arkansas' unemployment rate fell to 5.7 percent in December, dropping two-tenths of a percentage point from November, according to a report from the state Department of Workforce Services.

Good Luck With That (Gwen Moritz Editor's Note)

by Gwen Moritz 1/26/2015 12:00 am

The news that new vehicles, especially SUVs, are flying off the dealers' lots fills me with mixed emotions. If people were using the fuel savings to replace an older car with a more fuel-efficient model, it could make sense even when fuel prices inevitably rise again.

Harp's Sells Flagship Grocery Store in Springdale

by Arkansas Business Staff 1/26/2015 12:00 am

Harp's Food Stores Inc. of Springdale has sold its flagship store at 2894 W. Sunset Ave., which sits in front of its corporate headquarters.

Walgreens Tops List of Recent Seven-Digit Deals in Conway

by Arkansas Business Staff 1/26/2015 12:00 am

A new quartet of million-dollar deals in Faulkner County has formed. Out front is the $4 million sale of a Walgreens at 850 Oak St. in Conway.

Central Arkansas Regains Jobs Lost During Recession

by Arkansas Business Staff 1/26/2015 12:00 am

Metroplan last month released its latest “Metro Trends: Economic Review and Outlook,” which examines what it calls “the new economy” in central Arkansas in the aftermath of the Great Recession.

Arkansas' Biggest Deals of 2014 Soar While Value Slips

by Jan Cottingham 1/26/2015 12:00 am

The mergers and acquisitions spigots were opened wide last year in Arkansas. The number of big deals — those valued at $9 million or more — soared 38 percent, increasing to 101 in 2014 compared with 73 in 2013.

New Tenants Filling Up Pleasant Crossing Shoppes in Rogers

by Arkansas Business Staff 1/19/2015 12:00 am

Burke Larkin of Whisinvest Realty of Rogers expects to finalize the last two leases of the 22,000-SF shopping center his company built near the Walmart Supercenter on Pleasant Grove Boulevard. Alan Cole of Colliers International represents the two tenants, unnamed until the deals are completed.

Hunt Heir Sells Starbucks Site in Fayetteville

by Arkansas Business Staff 1/19/2015 12:00 am

T.J. Lefler of Sage Partners in Fayetteville closed on the 3,258-SF building at 2117 W. Martin Luther King Blvd. on Jan. 9. Lefler and three partners had reached an agreement with Bryan Hunt LLC in December, but ironing out the details of the purchase took a while to complete.

Storage Properties Lead List of Six Recent Seven-Digit Deals

by Arkansas Business Staff 1/19/2015 12:00 am

A pair of mini-storage projects in southwest Little Rock, a commercial site in west Little Rock, an office-warehouse project in downtown Little Rock, a North Little Rock store and a Little Rock residence all generated million-dollar transactions.

Beer, Wine Permits Soon To Be Served in Saline, Columbia Counties

by Arkansas Business Staff 1/19/2015 12:00 am

With voter approval Nov. 4 of alcohol sales in Saline and Columbia counties, retailers have been lining up for permits.

Sherwood Walgreens Sells For $3.3 Million (Real Deals)

by Arkansas Business Staff 1/19/2015 12:00 am

A Walgreens in Sherwood tipped the scales at $3.38 million. A 240-unit apartment project in southwest Little Rock weighed in at $2.8 million. And land for a 49-lot residential project in west Little Rock was assembled in two deals totaling $930,000.

'Distressed' Hazen Team Shines at Youth Entrepreneur Showcase

by Mark Carter 1/16/2015 04:14 pm

A team of youth entrepreneurs who appear ready to sell their wares through online marketplaces like Little Rock's Bourbon & Boots were among the top winners at Friday's Youth Entrepreneur Showcase Expo Day at Park Plaza.

UCA Board Approves Property Acquisition, Bond Issuance for $17.6M Mixed-Use Project

by Lee Hogan 1/16/2015 11:47 am

The property, at 242 Donaghey Ave., is currently occupied by a Papa John's restaurant, owned by Ozark Pizza Co. LLC of Little Rock. The offer would pay Ozark Pizza Co. $236,000 for the .12-acre lot and another $164,000 if the property is vacated by April 15.

University of Arkansas Chancellor G. David Gearhart to Retire in July

by Arkansas Business Staff 1/12/2015 01:06 pm

University of Arkansas Chancellor G. David Gearhart says that he will retire from the post on July 31 and return to teaching.

Craft Brewers' Growth Spurs Look at Rules

by Jan Cottingham 1/12/2015 12:00 am

The explosive growth of the craft brewing industry in Arkansas is causing the brewers themselves and state regulators to re-evaluate the rules governing the sector, a re-evaluation that has the potential to lead to new state laws.

Urgent Care Walk-in Clinics Expanding in Arkansas

by Mark Friedman 1/12/2015 12:00 am

Doctors, retailers and hospitals have been opening urgent care facilities or walk-in clinics to lure patients with non-life-threatening injuries away from hospital emergency rooms in a trend that has been slow to arrive in Arkansas.

Fort Smith Leads Arkansas Tech Business Index in October

by Lee Hogan 1/9/2015 09:58 am

Fort Smith remained atop the Arkansas Tech Business Index while Rogers and Russellville enjoyed the largest increases according to economic activity from October.

The 2014 Executive Q&A Issue

by Arkansas Business Staff 1/5/2015 12:00 am

We asked Arkansas' business giants to weigh in on challenge and success throughout 2014. Here's what they had to say.