While big-box stores and off-price retailers have responded faster to shoppers' increasing shift online, many mall-based clothing chains and department stores continue to suffer weak sales. read more >
U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying. read more >
Arkansas Business' 2019 CFO of the Year finalists and Lifetime Achievement Award winners will be recognized at a luncheon on Thursday, Nov. 7, at the Embassy Suites in Little Rock. read more >
A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021. read more >
For its fiscal year that ended June 30, the Little Rock cancer treatment provider reported a $3.5 million operating income before depreciation. read more >
An office-warehouse project in North Little Rock, medical office space in west Little Rock and Conway, apartments in south Little Rock and commercial property in Sherwood form this week’s five-piece of million-dollar real estate transactions. read more >
A would-be $3.6 million hotel sale in Hot Springs has given rise to a breach of contract lawsuit. read more >
The country may be headed for another recession, timber industry experts told Arkansas Business last week after Conifex Timber Inc. of Vancouver, British Columbia, announced an indefinite suspension of operations at its El Dorado sawmill. read more >
The search for nearly $3.2 million from a once-secret 2013 settlement and possession of a grand home valued at $1.9 million by the Benton County assessor remain at center stage in the bankruptcy of Bill and Carolyn Schwyhart. read more >
Affiliates of B&M Management Co. of Montgomery, Alabama, bought the Stonebridge and Carrington Park apartment projects from affiliates of Philadelphia’s Independence Realty Trust. read more >
Brock Fletcher has been hired by Armor Bank of Forrest City as president of its new Jonesboro market, and Bryan Wagner has been hired as senior vice president of commercial lending and business development. read more >
Walmart Inc. of Bentonville on Thursday turned in second-quarter earnings that beat analysts' expectations and included a 37% increase in e-commerce sales the retailer said was powered by grocery purchases. read more >
Tyson Foods Inc. of Springdale on Monday named its chief marketing officer, Noelle O'Mara, to lead its prepared foods business. read more >
Ritter Communications of Jonesboro says that Grain Management, a private equity company, has agreed to acquire a majority stake in the business as Ritter looks to expand. read more >
HealthTech Arkansas of Little Rock announced last week the six startup companies selected for its accelerator program. read more >
A Louisiana farmer pleaded guilty last month to stealing nearly $17 million by making a series of fraudulent loans and advances from a list of victims. read more >
It’s been almost two years since Arkansas Business listed the state’s top stockholders based on the value of publicly disclosed stock. Since then, the Walton family’s fortune — the part disclosed publicly — has increased by more than $20 billion. read more >
After a decade of hope and false starts, the revitalization of downtown Texarkana achieved a breakthrough with the sale July 31 of the historic Hotel Grim to a housing development group. read more >
The unemployment rates in most of Arkansas’ metro areas continued to move downward or stay stable in June, with Fayetteville, Jonesboro, Little Rock and Texarkana seeing declines. read more >
Michael Malone, president and CEO of the Texarkana Chamber of Commerce since February 2016, sees plenty of cooperation in his community, where a split decision can be unanimous. read more >
