Retail

Labor Market Stays Sturdy: US Employers Add 199,000 Jobs in November
The unemployment rate has now remained below 4% for 22 straight months, the longest such streak since the late 1960s.
State Tax Revenue Flat in November
Net available general revenue was $473.4 million, up $1.3 million, or 0.3%, from a year ago. read more >
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Arkansas Contractors Forecast Trends, Concerns
Business remains good for Arkansas’ commercial contractors, but high interest rates and costs cause concern. read more >
by Kyle Massey -
Whole Foods Anchors $112M Pinnacle Springs in Rogers
The site will include the 37,000-SF Whole Foods and an additional 43,500 SF of retail space at the northwest corner of New Hope Road and Promenade Boulevard. read more >
by Marty Cook -
Colony West Complex Moves in $7.5M Sale (Real Deals)
AndMark View at Breckenridge LLC purchased the 126-unit apartment complex in west Little Rock. read more >
by George Waldon -
Dillard’s Board Grants Special Dividend for Shareholders
That will mean a big payday for the family members who own shares of the department store chain. read more >
America’s Car-Mart to Acquire Central Auto Sales of Hot Springs
The deal is expected to expand Car-Mart's vehicle reconditioning and warranty servicing capabilities. read more >
Applications for Jobless Benefits Up Modestly, but Continuing Claims Reach Highest Level in 2 Years
Analysts say the continuing claims are rising because many of those who are already unemployed may now be having a harder time finding new work. read more >
by Associated Press -
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Arkansas Business Announces Finalists for Innovation Pacesetter Award
The category honors startups or existing companies that are remaking an old industry or charting an entirely new course to create a new market. read more >
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US Consumer Confidence Rises in November
The survey also showed that Americans' expectations of a recession in the next 12 months declined to the lowest level so far this year. read more >
by Associated Press -
Former Crain Automotive Exec Demands $5M in Lawsuit
Barton Hankins said he was a participant in a deferred compensation plan that amounts to 5% of the fair market value of the company. read more >
Hire Attitude and Train Skills: Gearhead Outfitter’s Bottom-Up Management Style
“We develop talent by hiring cool people to sell cool products,” owner Ted Herget said. read more >
Outdoor Recreation Accounts for 2.5% of Arkansas GDP
The U.S. Bureau of Economic Analysis on Nov. 17 released statistics measuring the outdoor recreation economy for the nation, all 50 states and the District of Columbia. The new U.S. […] read more >
Sterling Plaza Sale Tops $3.4M (Real Deals)
The 15,685-SF commercial project in west Little Rock was purchased by Wolf Track Farm LLC, led by Chris Primm. read more >
by George Waldon -
Gearhead Riding High Again: Looking Back on a 27-Year Ride with Ted Herget
Herget started his business in a friend’s living room in 1997 and now owns 20 stores. read more >
by Kyle Massey -
Oakwood Apartments in Jacksonville Sells for $14M
A convenience store and apartments form this week’s duo of million-dollar real estate transactions. read more >
Retail / Construction / Investments / Media & Marketing / Nonprofits / Public Companies / Real Estate / Tourism
Pedaling Progress: Bentonville’s Evolution as a Global Cycling Hub
Manufacturers, retailers and tourists discover Bentonville, the self-proclaimed mountain biking capital of the world. read more >
by Mark Friedman -
Shippers Anticipate Being Able to Meet Holiday Demand
United Parcel Service is well on its way to hiring 100,000 people to meet the peak. read more >
by Associated Press -
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Why Americans Feel Gloomy About the Economy Despite Falling Inflation and Low Unemployment
The U.S. economy has repeatedly defied predictions of a coming recession. Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy. read more >
by Associated Press -
Retail / Banking & Finance / Business Services / Government & Politics / Legal / Public Companies / Restaurants & Food / Small Business
US Labor Board Delays New Employment Rule After Business Groups Sue
The rule sets new standards for determining when two companies should be considered "joint employers" in labor negotiations. read more >
by Associated Press -
Thankful, and Hoping for the Best (Editorial)
Despite predictions, the U.S. may get through this year without a recession. read more >