Technology Office Project Draws $16M Transaction (Real Deals) 
by George Waldon – 4 days ago
An affiliate of Caprocq Core REIT purchased the four-story project in west Little Rock.
Retail
Technology Office Project Draws $16M Transaction (Real Deals)
Harps Food Store Sells for $5.9M (NWA Real Deals)
4 days ago
The Harps Food Store adjacent to the company's headquarters in Springdale has sold for nearly $6 million to two Fayetteville investors.
Retail Q&A: Pandemic Accelerates Reinvention
4 days ago
Four leaders of commercial real estate offer their insights on what's currently happening in the retail sector.
Report Shows Arkansas Revenue in June Better Than Forecast
State tax officials say Arkansas' June net available general revenue was $589.7 million, down 9.6% from the same month last year and 16.1% above forecast. read more >
US Consumer Confidence Rises to 98.1 in June
U.S. consumer confidence rose in June, reflecting the partial re-opening of the country but the concern is that rising coronavirus cases in many states could jeopardize future gains. read more >
Dixon Moves to Bank OZK as SVP (Movers & Shakers)
Jeff Dixon has been hired as the senior vice president and employee benefits manager at Bank OZK in Little Rock. read more >
Smith Family Buys Little Rock Funeral Home
The funeral home industry in central Arkansas is about to experience a major consolidation. read more >
Arkansas Industries Attempt to Divine The Post-Pandemic Future
Some, like the hospitality industry, are bracing for a long, slow return to pre-COVID vitality. Others, like the energy sector, see a quicker recovery after the early swoon. Some trends seem baked into expectations, like reliance on home-based employees and the technology they use. read more >
Retail Sales Up 17.7% in May
Retail sales in the United States rose a record 17.7% in May, according to the U.S. Census Bureau, reflecting a surge in buying as businesses that had been shuttered because of the coronavirus pandemic reopened. read more >
Walmart Reviews Prison Labor Policy
Walmart Inc. says it will continue to review its policy on working with suppliers that deploy prison labor, as part of its review of overall practices in the wake of civil unrest over racial inequality. read more >
UA Supply Chain Program Ranked No. 1
The undergraduate supply chain management program at the University of Arkansas in Fayetteville was ranked the top program in North America by Gartner, a global research firm. read more >
Walton Family Foundation Names Environment Director
The Walton Family Foundation promoted Moira Mcdonald to director of its environment program. read more >
US GDP Fell at 5.0% Rate in 1Q; Worse Is Likely on the Way
The U.S. economy shrank at a 5.0% rate in the first quarter with a much worse decline expected in the current three-month economic period. read more >
Walmart to Stop Displaying Mississippi Flag
Walmart says it will stop displaying the Confederate-themed Mississippi flag while the state debates whether to change the design. read more >
Gearhead Outfitters Keeps On Through Coronavirus, Tornado, Discontent
Since Arkansas Business last visited with Ted Herget about the effect of the coronavirus pandemic on his Gearhead Outfitters, the company has added tornado and civil unrest to the list of challenges it has faced. read more >
B-Unlimited Pivots as Masking Agent
B-Unlimited of Fayetteville is best known as the apparel company that makes college-themed T-shirts; CEO Ben Clark said B-Unlimited reached $10 million in sales in 2019. read more >
Former Lawyer Affirms Aspects of The Walmart Way
Shane Perry shared some of Walmart's management tips while he was on the stand in his divorce proceeding in 2018. read more >
The Old Normal (Gwen Moritz Editor's Note)
Since I'm not at all sure any of us have a good grasp on how much our worlds will have been changed by the pandemic, I think of this week's list as a final snapshot of the old normal that will be valuable when it comes time to document the new normal. read more >
Bad Boy, Good Sponsor: ‘Fowl Life' Is Next
Bad Boy Mowers, the Batesville zero-turn mower maker known for its sports marketing, just refreshed its playbook. read more >
Largest Private Companies List Gives Snapshot of Pre-Pandemic Normalcy
The 33rd annual list of the state's largest private companies serves as a baseline for pre-pandemic revenue. read more >
Former Walmart Lawyer Says His Firing Was Punishment
A former in-house attorney for Walmart Inc. said he knew in February 2017 that his career at the Bentonville retailer was coming to an end when he refused to make changes to a memo he had written years earlier about a bribery investigation in Mexico. read more >
Amazon Acreage Yields $3.2M Transaction (Real Deals)
Amazon.com Services Inc. of Seattle bought the 81.78-acre tract on the southern edge of the Little Rock Port Industrial Park from the city of Little Rock. read more >
Fayetteville Businesses Have Questions About Mask Ordinance
The Fayetteville Chamber of Commerce says several businesses are seeking more information about the city's mask ordinance, citing questions left unanswered by the law's language. read more >
Namida Lab Partners with Heartland Pharmacy to Offer Antibody Tests
Namida Lab in Fayetteville has partnered with Heartland Pharmacy to offer its COVID-19 antibody testing to the public. read more >
SBA Issues Revised PPP Loan Forgiveness Applications
The U.S. Small Business Administration posts a revised Paycheck Protection Program loan forgiveness application reflecting changes to the program signed into law by President Trump on June 5. read more >
Resource Guide: Financial Tools, Aid for Businesses Hurt by COVID-19
Arkansas Business is regularly updating this page with links and contact information for businesses affected by the COVID-19 pandemic. read more >
Fayetteville Mandates Masks Because of Virus
A northwest Arkansas city is requiring face masks to be worn in most public places indoors to help prevent the spread of the coronavirus. read more >
US Retail Sales Up A Record 17.7% in Partial Rebound
U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy and paralyzed consumers during the previous two months. read more >
More Than 7 Tons of Medical Marijuana Sold in Arkansas
More than seven tons of medical marijuana has been sold in the state in just more than a year since sales began, according to the Arkansas Department of Finance and Administration. read more >
Some Surprises Left (Gwen Moritz Editor's Note)
With disparate treatment of minorities, particularly African Americans, being the impetus for massive protests from coast to coast, many companies have issued statements affirming a commitment to fairness and inclusivity. read more >
A&P Trends Show Pandemic Pummelling Arkansas Visitors Bureaus
The coronavirus pandemic has battered city convention and visitors bureaus in Arkansas and sapped their sources of revenue: lodging and restaurant taxes. An industry built on bringing people together and attracting tourists is uniquely vulnerable to an infectious disease. read more >
Spanish Rock Apartments Sell for $13M
A trio of real estate transactions highlight recent million-dollar deals. read more >
SEC Filing Provides Details on Village on the Creeks Buy
A newly formed real estate investment group paid more than $32 million for the Village on the Creeks commercial center in Rogers, thanks to some help from 35 investors. read more >
Editors' Picks
