Northwest Arkansas Archive

Target's Beats 1Q Estimates As Online Strategy Pays Off

by Anne D'Innocenzio, The Associated Press 5/22/2019 09:56 am

An aggressive campaign at Walmart rival Target to let customers do more online is paying off.

USA Truck Names Justin Kreimer Trucking VP

by Arkansas Business Staff 5/20/2019 10:38 am

USA Truck Inc. of Van Buren hired Justin Kreimer to be the company's vice president in charge of trucking operations.

Artist Gerry Snyder to Lead UA's School of Art

by Arkansas Business Staff 5/20/2019 10:31 am

Gerry Snyder, dean of the School of Art at the Pratt Institute in Brooklyn, New York, has been named executive director of the University of Arkansas' School of Art, effective July 1.

Video: Lauren Stokes Leaves Lauren James

by Arkansas Business Staff 5/20/2019 12:00 am

Lauren Stokes has left Lauren James Enterprises Inc., the Fayetteville women's clothing company she founded.

Limits Few for $300M Simmons Foods Project in Decatur

by Marty Cook 5/20/2019 12:00 am

When Simmons Prepared Foods Inc. of Siloam Springs decided a few years ago to start from scratch to increase its fresh and frozen chicken production, Simmons bought 800-plus acres for $14 million and then went about designing what COO David Jackson called a “50-year investment.”

WeWork Wants Space With Bentonville Flavor

by Marty Cook 5/20/2019 12:00 am

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.

Northwest Arkansas Plugs Into Innovation

by Marty Cook 5/20/2019 12:00 am

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.

Joe Clay Young Moves Up at Merrill Lynch (Movers & Shakers)

by Arkansas Business Staff 5/20/2019 12:00 am

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.

Cindy McLain Joins McLain Group (NWA Movers & Shakers)

by Arkansas Business Staff 5/20/2019 12:00 am

Cindy McLain has joined The McLain Group in Fayetteville as operations leader.

Washington Regional Makes Hires in Northwest Arkansas (NWA Movers & Shakers)

by Arkansas Business Staff 5/20/2019 12:00 am

Toni Myer, a registered family nurse practitioner, recently joined Washington Regional Urgent Care in Johnson and Fayetteville. Dr. Stacey Burnett recently joined the Washington Regional Eureka Springs Family Clinic.

Democrat-Gazette Continues Print Pullback; Sunday-Only Paper Coming

by Kyle Massey 5/17/2019 08:40 pm

Arkansas Democrat-Gazette readers in Conway get notice that weekday print delivery there will cease in July. The news comes amid talk about a staff meeting in which top officials discussed plans to print only on Sundays by the end of the year.

Walmart Unveils New HQ Designs, Will Start Work This Summer

by Lance Turner 5/17/2019 12:47 pm

Walmart Inc. of Bentonville unveils initial designs for its new headquarters campus in Bentonville, saying work on the massive project will begin this summer with an eye toward opening in phases between 2020 and 2024.

Marion County Airport Gets $963K for Runway Improvements

by Arkansas Business Staff 5/17/2019 11:06 am

U.S. Senators John Boozman and Tom Cotton and U.S. Rep. Steve Womack announced Friday that the Marion County Regional Airport will receive $963,315 in federal funding.

Tyson Foods Sues USDA for $2.4M Over Hog Inspections

by Associated Press 5/16/2019 02:04 pm

Meat processor Tyson Foods Inc. of Springdale sues the USDA for $2.4 million, saying it had to destroy 8,000 carcasses because a federal meat inspector lied about checking hogs at a plant in Iowa.

Razorback Foundation Enforces Contract, No Payments to Bret Bielema in 2019

by Gwen Moritz 5/16/2019 10:55 am

The Razorback Foundation has not made a monthly buyout payment to former University of Arkansas Head Football Coach Bret Bielema in 2019 on the theory that Bielema breached his duty to seek a new job, a source familiar with the situation tells Arkansas Business.

Walmart Warns: Higher Tariffs on China Mean Higher Prices for Customers

by Anne D'Innocenzio, The Associated Press 5/16/2019 10:02 am

Walmart warns higher tariffs on Chinese imports mean higher prices. "We're monitoring the tariff discussions and are hopeful that an agreement can be reached," said CFO Brett Biggs.

Walmart 1Q Beats Earnings Expectations As Same-Store Sales Rise 3.4%

by Anne D'Innocenzio, The Associated Press 5/16/2019 06:16 am

Walmart delivered a mixed bag in the first quarter, beating Wall Street expectations on profit but not revenue. Meanwhile, same-stores sales rose and e-commerce soared.

Arkansas Colleges of Health Education Name Brian Kim President

by Arkansas Business Staff 5/15/2019 03:18 pm

Arkansas Colleges of Health Education has hired Brian Kim to serve as its new president.

PAM Transport to Buy Back Up to 200K Shares

by Lance Turner 5/14/2019 11:15 am

PAM Transportation Services Inc. of Tontitown says it will buy up to 200,000 shares, or about 3.4%, of its outstanding common stock in a modified "Dutch auction" tender offer.

Your Job Is to Fix It, Walmart CEO Doug McMillon Says

by Sarah Campbell-Miller 5/13/2019 02:22 pm

Working for Walmart taught CEO Doug McMillon to have a sense of urgency and take ownership of problems and fix them, McMillon said at Economics Arkansas' awards luncheon in Little Rock.