2020 Brought Feast, Famine to Private Companies
by Gwen Moritz – 1 day ago
Data collected for this week's list of private companies illustrated the uneven and sometimes counterintuitive impact of the COVID-19 pandemic on various industries.
Data collected for this week's list of private companies illustrated the uneven and sometimes counterintuitive impact of the COVID-19 pandemic on various industries.
Crain Management Group tallied 2020 revenue of more than $618 million, ranking No. 23 among the largest private companies in Arkansas.
This week's parade of nine million-dollar real estate transactions kicks off with a retail center in west Little Rock.
Steve Cannon,, a business CEO who graduated with honors from the United States Military Academy at West Point, thinks the best place for leaders to be is in the trenches with their troops. read more >
When it comes to the largest private companies, what has stayed the same is as notable as what has changed. read more >
Riverside Properties LLC, led by Lisenne Rockefeller, purchased the Cowboy Mitsubishi project at 15 Col. Glenn Plaza Drive. The seller is Glenn Ridge Crossings II LLC, led by Steve Landers. read more >
Jonesboro natives Ben Tracy and Wade Quinn plan to open their second Workout Anytime gym in Jonesboro on Sept. 15. read more >
Walmart Inc. announced Thursday that it has invested in DroneUp, a nationwide drone services provider it partnered with last year, but did not disclose the investment amount. read more >
Kroger Co.'s decision to close five stores in Arkansas would have left two more towns with no full-service grocery stores, but the Edwards grocery store chain is coming to the rescue in Brinkley. read more >
Retail sales fell in May, dragged down by a decline in auto sales and a shift by Americans to spend more on vacations and other services instead of goods. read more >
Last week, the value of the William Dillard family's stock in the publicly traded Little Rock retail chain stood at $1.4 billion, up 244% from last November. read more >
This week a quartet of million-dollar transactions takes the stage. The group consists of a Jacksonville mobile home park and three Little Rock properties: a cocktail lounge, apartment project and commercial site. read more >
Searcy's Unity Health-Jacksonville purchased the former North Metro Medical Center at 1400 Braden St., the 12,358-SF Marshall Road Medical Clinic at 813 Marshall Road and the 6,566-SF Kareer Kids day care at 901 MacArthur Drive. read more >
U.S. employers posted a record 9.3 million job openings in April with the U.S. economy reopening at break-neck speed. read more >
Ray Vester has retired from the board of directors of Farmers & Merchants Bank in Stuttgart. read more >
When the pandemic began devastating commerce in March 2020, Arkansas cities slashed budgets and tabled projects, fearing sales tax revenues would fall off the shelf. read more >
Affiliates of the Read Property Group of Brooklyn, New York, bought 31 buildings in seven transactions of the North Little Rock apartment complex. read more >
An attorney has been given permission to stop representing an ex-con accused of defrauding an elderly man of $4.5 million. read more >
Walmart says it will close its U.S. stores on Thanksgiving for the second consecutive year. read more >
U.S. employers added a modest 559,000 jobs in May, an improvement from April's sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession. read more >
Walmart is coming out with a new app for its store workers' phones that allows them to do a variety of tasks from digitally clocking into work to helping locate merchandise and answering customers' questions. read more >
Walmart President and CEO Doug McMillon touted the company's strong performance, and spoke about both its pandemic journey and racial justice efforts Wednesday during a shareholders' meeting held virtually for the second year. read more >
Steve Cannon, CEO of AMB Sports and Entertainment, will lead the June 9 webcast in a series presented by Arkansas Business throughout 2021. read more >
Drive the curvy roads north out of Eureka Springs to the state's mountainous northern edge, and you'll discover Holiday Island, “the town that Tom built.” read more >
The future is not quite now for electric vehicles in Arkansas, but it isn't far off. read more >
Doug Schoenfeld bought the 162,000-SF Ball Metalpack location on Crutcher Street in Springdale. read more >
Americans increased their spending by 0.5% in April, a slowdown after a massive gain in March that had been powered by the distribution of billions of dollars in individual stimulus checks. read more >
Costco announces that its new store in Little Rock will open on July 21. read more >
Gap will begin selling a new home goods line exclusively through Walmart's website next month under a multiyear partnership. read more >
Consumer confidence ticked down slightly in May but remains nearly as high as it's been since the pandemic began. read more >
America's Car-Mart of Rogers reports fourth-quarter 2021 income of $43.5 million, up nearly 378% from $9.3 million in the same quarter a year ago. read more >
Corporate and business leaders can fill a non-polarizing role as moderator while legislatures like Arkansas' stoke the culture wars. read more >
There's good news on the restaurant beat. It's about time. read more >
