Small Business Archive

Watson Furniture Gets New Lease on Life (NWA Real Deals)

by Marty Cook 11/24/2014 12:00 am

Philip Taldo has had a busy, happy month. Top on his list is his purchase of Watson Furniture Store on Main Street in downtown Springdale. Taldo, a Springdale real estate agent, paid $250,000 for the two-story, 10,720-SF building that he remembers fondly as the place his father started working at in 1951.

Red Lobsters Serve Up $8.4M Transaction (Real Deals)

by George Waldon 11/24/2014 12:00 am

ARCP RL Portfolio V LLC purchased the Red Lobster at 3707 McCain Blvd. in North Little Rock for $4.98 million. ARCP RL Portfolio VI LLC bought the Red Lobster at 8407 W. Markham St. in Little Rock for $3.44 million

Fayetteville Anti-bias Ordinance Splits City, Chamber

by Marty Cook 11/24/2014 12:00 am

On Dec. 9, Fayetteville voters will decide the fate of Ordinance 5703 — commonly known as Chapter 119 — which would prohibit discrimination in the workplace or in housing based on veteran status, sexual orientation, gender identity and socioeconomic background.

DRA Investing $3.7M in Delta Projects

by Arkansas Business Staff 11/20/2014 01:46 pm

The DRA estimates the eight Arkansas investments can help create and retain 1,050 local jobs for local residents. The projects include water and sewer improvements for the Big River Steel project in Osceola.

GWI to Acquire Pinsley Shortline Rail in Arkansas

by Arkansas Business Staff 11/20/2014 10:53 am

Genesee & Wyoming Inc. (GWI) has reached an agreement with Pinsly Railroad Co. to acquire Pinsly's subsidiaries in Arkansas for $40 million, GWI announced Thursday.

Video: ARK Challenge Concludes Fourth Run in Little Rock

by Mark Carter 11/19/2014 11:16 am

The ARK Challenge startup accelerator last week concluded its fourth installment, and first in Little Rock, with Demo Day presentations of company pitches held inside the Clinton Center's Great Hall.

Connect Arkansas Announces Small Business Internet Study

by Arkansas Business Staff 11/18/2014 01:22 pm

Connect Arkansas has plans for a statewide study to help small- and medium-sized businesses develop strategies and be more competitive in the digital economy.

Arvest Consumer Survey: Arkansans' Opinion of Economy Improving

by Lee Hogan 11/18/2014 09:31 am

Arkansas consumer sentiment is up slightly in Arvest Bank's most recent survey, but it's still lower than surrounding states and considerably lower than the national outlook on the economy.

Johnelle Hunt on Shifting Gears After Trucking To Reach Pinnacle

by Arkansas Business Staff 11/17/2014 12:00 am

Arkansas Business talks with Johnelle Hunt, who, along with her late husband, J.B., founded J.B. Hunt Transport Services of Lowell.

Questionable Spin on LSC Promos Story (Scott Schuh Feedback)

by Scott Schuh 11/17/2014 12:00 am

Your recent reporting on the sale of my company, LSC Marketing Inc., inaccurately leads the reader to believe that you are innately aware of the primary reason for the sale: “the dwindling direct-mail marketing business.”

Pharmacy Firm RxResults Adding Jobs

by Mark Friedman 11/17/2014 12:00 am

RxResults, a pharmacy risk management company that is partly owned by the University of Arkansas for Medical Sciences, said it plans to add between 20 and 30 jobs in the next 21 months, according to a UAMS news release. Founded in 2008, RxResults was created to help lower drug costs for employers and their workers while making sure they receive the best medicines available.

Grant Merrill Faces Lawsuit Over Alleged Mismanagement of KEWI

by Arkansas Business Staff 11/17/2014 12:00 am

The bad blood between the former partners of KEWI-AM, 690, has arrived at the Saline County Courthouse.

Tyson Family Stock Nears $3 Billion; Waltons No. 1 On Top Stockholders List

by Gwen Moritz 11/17/2014 12:00 am

The second-wealthiest family in northwest Arkansas, the Tysons, saw their stock holdings increase by nearly $1 billion over the past year — an increase of more than 40 percent.

ASTA Provides Commercialization Funds for NanoWatt Chip Design

by Mark Carter 11/13/2014 04:35 pm

The Arkansas Science & Technology Authority has invested $100,000 from its seed capital investment program in Fayetteville startup NanoWatt Design.

Investors at Technology Summit Advise Startups to Sell the Vision

by Mark Carter 11/13/2014 04:05 pm

Investors participating in the Arkansas Technology Summit Thursday at the Argenta Innovation Center in downtown North Little Rock said they'd prefer to see an inspired pitch from a potential investment target than a detailed business plan.

Spencer Jones Big Winner at ARK Challenge in Little Rock

by Mark Carter 11/13/2014 09:10 am

Spencer Jones, a surgical nurse resident at CHI St. Vincent Infirmary Medical Center in Little Rock, won an investment round of $150,000 for his innovative blood-draw device Wednesday at the ARK Challenge Demo Day in Little Rock.

Mike Beebe to State Business Leaders: Keep Moving Forward, Working Together

by Lee Hogan 11/12/2014 02:16 pm

Gov. Mike Beebe told the state's business leaders on Wednesday to keep moving forward and working together in order to keep Arkansas headed in the right direction.

Arkansas Technology Summit to Showcase Research-based Startups

by Mark Carter 11/12/2014 09:51 am

The summit will run all day Thursday from the Arkansas Regional Innovation Hub's Argenta Innovation Center in downtown North Little Rock.

ARK Challenge Showcasing Little Rock Startups at Demo Day

by Mark Carter 11/12/2014 08:27 am

The ARK Challenge is the tech-based startup "boot camp" launched in Fayetteville in 2012 through a federal grant that funded two installments. This year, the program was picked up by the state and private investors, continued in northwest Arkansas and expanded to Little Rock.

Josh Bishop Estate Sues Chubby Cheeks Over Beating Death

by Mark Friedman 11/10/2014 12:00 am

The death earlier this year of a 28-year-old who allegedly stole a bottle of wine from a Texarkana liquor store could serve as a cautionary tale for business owners and employees.

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