WeWork is a 9-year-old New York company that builds and runs shared office spaces in more than 100 cities worldwide. It announced April 1 that it would expand its operations to Bentonville at a soon-to-be-developed space at 224 S. Main St. that it hopes to open in 2021.
Nelson Peacock is hopeful that the arrival of a global innovation company will help spur northwest Arkansas' business ecosystem and solve some nagging logistical problems.
The directors of Citizens Bank at Batesville were already contemplating a new headquarters building when they hired Phil Baldwin as CEO in 2013. The 37,000-SF $13.8 million building finally opened last month, and it is decidedly different.
Zips Car Wash of Jonesboro has acquired the two remaining Time to Shine car wash locations in Tennessee. read more >
Thrive Argenta LLC, led by Rob Coleman, sold its namesake project at 501 Magnolia St. to an ownership group divided among four entities. read more >
Where are you getting fresh ideas for your business? Are you better off looking within your industry, or outside of it? read more >
The pending acquisition of DBT Financial Corp. presents a nearly $10.3 million transaction backed by a healthy dose of stock and some cash. read more >
The parent company of Wynne's Cross County Bank currently owns nearly 20.2% of Little Rock's Central Bank and could up its position to as high as 35%. read more >
Joe Clay Young IV was recently promoted from first vice president to senior vice president at Merrill Lynch in Jonesboro. Brenda Eldridge has been hired as chief financial officer at Partners Bank of Helena, the new name of the bank previously known as Helena National Bank. read more >
Jake Redman has been hired as chief information officer at Scale Technology of Little Rock. read more >
Tyler Davis of Ashdown was recently appointed by Gov. Asa Hutchinson to a seven-year term on the Arkansas Agriculture Department's Livestock & Poultry Commission Board. read more >
Arkansas' unemployment rate in April was 3.6%, down one-tenth of a percentage point from the previous month. read more >
Garver of North Little Rock has bought two 5,000-SF buildings and a site at 7700 Northshore Place in North Little Rock for about $1.2 million. read more >
Kappa Realty LLC, led by Chris Robertson, purchased the 17.6-acre home of the Riverdale Shopping Center at 2500-2610 Cantrell Road from the Roman Catholic Diocese of Little Rock. read more >
The dispute between Bill and Carolyn Schwyhart and creditors has also brought into question what happened to nearly $3.2 million from a once-secret settlement unveiled earlier this year. read more >
Five years after its founding, Roadie, the crowdsourced delivery service startup based in Atlanta, has attracted partnerships with major retailers, including Walmart, and, in February, $37 million in new funding. read more >
Shortly after Walmart opened its first Supercenters with food markets in 1988, top executives began to see groceries as the retail titan's future bread and butter. Now Walmart is America's biggest grocery seller, and food is becoming ammunition in the Bentonville company's online duel with Amazon. read more >
Brent Fason, Si Anthony, Lance Heer, Trey Brown, Paul Langley and Kaleb Barkley have been promoted at Conway Corp. Shawn Wnek has been promoted to senior toxicologist at CTEH in North Little Rock. read more >
Doug Voss, associate professor of logistics and supply chain management at UCA, says the school's logistics program excels at recruiting employees for the transportation industry. read more >
Sunstar Insurance Group LLC of Little Rock has continued its expansion trend, announcing a merger with the Todd Agency of Little Rock. read more >
Companies of any size can make marketing mistakes. But small businesses can be particularly vulnerable; owners have a minimal knowledge of marketing, so they don't know what the best avenues are for advertising products or services. read more >
Tommy Ray Polk, founding partner of Polk Stanley Wilcox Architects of Little Rock and mentor to generations of Arkansas architects, died on April 28. He was 79. read more >
The debut of a major riverfront arena 20 years ago turned out to be a warmup act for the real headliner: a sweeping transformation of downtown North Little Rock. read more >
Gary Russell Gibbs of Niceville, Florida, lists his complete financial details in U.S. Bankruptcy Court in Hot Springs showing total debts at $171.1 million. That makes his personal bankruptcy one of the largest filed in Arkansas. read more >
The unemployment rate in the Little Rock-North Little Rock-Conway metropolitan statistical area remains near a historical low, 3.5% in February. read more >
Amy Fisher, the director of human resources at John Brown University in Siloam Springs, received the HR Professional of the Year award from the Northwest Arkansas Human Resources Association. read more >
Shawnie Carrier has joined Jetton General Contracting in Paragould as director of strategic development. read more >
Deserve is not an economic concept; it's a marketing concept. It's a word that allows consumers to rationalize spending money on appealing nonessentials. read more >
Effective content's objective is not to just grab attention, but to hold it. Grabbing alone doesn't support the brand; it supports the ad. read more >
Affiliates of CSK Hotels of Fort Smith, purchased the Holiday Inn Presidential at 600 Interstate 30 and adjoining parking read more >
Margaret Sova McCabe, the new dean of the University of Arkansas School of Law, wants to help law students who want to help others. read more >
Ritter Communications celebrates the start of construction on its $8 million, 8,882-SF cloud and data storage facility in Jonesboro. read more >
Workout Anytime, a chain of gyms headquartered in Alpharetta, Georgia, expanded to Arkansas last month, landing in Paragould because the community there is a good fit for its “high-value, low-price” model. read more >
