Retail

Empty Kmart in Springdale Sparks Suit This article is available only in print.

Empty Kmart in Springdale Sparks Suit
This Kmart store at 3142 W. Sunset Ave. in Springdale, seen here in January 2016, has been closed for nearly two years.

The owners of Springdale property that was the site of a Kmart on Sunset Avenue filed suit against Sears Holdings Corp. in Washington County Circuit Court in late September.
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Entrepreneur John James Starts Engine, Raising $4M for E-Commerce Software Firm This article is available only in print.

Fayetteville entrepreneur John James has raised nearly $4 million for his latest startup, Engine, which sells business management software to e-commerce retailers.
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U.S. Household Debt Reaches $13.29 Trillion

Total household debt in the United States rose to $13.29 trillion in the second quarter of 2018, a 0.6 percent increase from the first quarter. It's the 16th straight quarter that debt has increased.
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A Poor Man Rejoices (Gwen Moritz Editor's Note)

My father was a keen observer of human nature and a gifted storyteller, and he's been on my mind more than usual as the 13th anniversary of his death approaches. Recent news items as disparate as the bankruptcy of Sears Holdings, rising interest rates and Elizabeth Warren's DNA have all made me teary. read more >

State Unemployment at 3.5 Percent in September, Lowest on Record

Arkansas' unemployment rate declined to 3.5 percent in September, down one-tenth of a percentage point from the previous month, according to a report released Friday by the state Department of Workforce Services. read more >

State Supreme Court Blocks 'Tort Reform' Measure, Keeps Wage Hike

Arkansas' highest court has ordered election officials to not count votes for a proposal to limit damages awarded in civil lawsuits and rejected an effort to block an initiative to raise the state's minimum wage. read more >

US Employers Post Record Number of Open Jobs in August

U.S. employers posted the most jobs in two decades in August, and hiring also reached a record high, fresh evidence that companies are desperate to staff up amid solid economic growth. read more >

Swallowing $16B Purchase of Flipkart, Walmart Cuts Outlook

Walmart trimmed its profit outlook citing this year's $16 billion acquisition of the Indian online retailer Flipkart, its biggest deal ever. read more >

Sears Files for Chapter 11 Amid Plunging Sales, Massive Debt

Sears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses. read more >

Walmart Buys Online Lingerie Retailer Bare Necessities

Walmart says it's buying online lingerie retailer Bare Necessities, the latest acquisition in its niche-brand buying spree. read more >

Two TRG Properties Add Up to $6.8M Sale (Real Deals)

Alter Trading Corp. of St. Louis purchased the Tenenbaum Recycling Group's 71,000-SF complex at 4500 Bethany Road for $4.04 million and its 42,968-SF facility at 2601 Central Airport Road for $2.77 million. read more >

Hot Springs So Real You Feel Virtual Steam

A two-part production, “Hot Springs: The Experience of a Lifetime" is the centerpiece of Arkansas' first VR tourism campaign. read more >

5 Tips for an Effective Email (Sarah Clements Expert Advice)

Because email has become so popular, it is important to get the most out of your message. Follow these five tips to help construct an effective message. read more >

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