The Friday Wire: The Wright move and a Coon Supper
Moving a house from New Jersey to Bentonville, area branch bank closures and a California egg-production law are part of the Northwest Arkansas Friday Wire for Jan. 17.NOTES & ANALYSIS• The Wright...
View ArticleThe Friday Wire: A resigning mayor and a Rice-Holland matchup
A legal turn for same-sex marriage, Coon Supper politics, shuffling money for a sports complex and the push for a third high school in Fort Smith are part of the Jan. 17 Friday Wire for the Fort Smith...
View ArticleIntermodal traffic declines, behind auto sector holiday
U.S. rail intermodal traffic declined 8.2% in the week ended Jan. 11 compared with the same week last year, the Association of American Railroads reported. Railroads moved about 236,000 intermodal...
View ArticleConsumer sentiment dips in January
The preliminary index for consumer sentiment in dipped to 80.4 in January, from 82.5 in December, according to the Thomson/Reuters/University of Michigan report released Friday, Jan. 17. The final...
View ArticleTyson delivers 60 pink slips in Iowa meat plant
Tyson Foods, in the midst of shifting some of its processed meat operations in Iowa, said it will lay off about 60 workers from its deli meat plant in Cherokee, Iowa, the company firmed in an email...
View ArticleNorthwest Arkansas construction sector posts steady 2013 results
story by Kim Souzaksouza@thecitywire.comHome builders and others employed in the local construction industry can easily sum up 2013 with just two words — steady work.Bentonville, Fayetteville,...
View ArticleTyson Foods acquires small pizza company
Story by Kim Souzaksouza@thecitywire.comIn a move to expand its prepared food sales, Tyson Foods Inc. recently acquired the assets of Bosco’s Pizza Co. of Warren, Mich., according to a press release...
View ArticleWal-Mart India files registration for new name
Wal-Mart will proceed with its independent operations in India under the name “Wal-Mart India Private Lt’d”, according to Kevin Gardner, spokesman for the retail giant.“Post the announcement in October...
View ArticleArkansas’ large market home sales up almost 13% in 2013
The number of homes sold in Arkansas’ four largest metro areas totaled 20,644 during 2013, the first time since 2007 that the tally topped 20,000 and the first the value of the homes sold in the four...
View ArticleFormer Phoenix Expo company morphs into event rental business
story by Ryan Saylorrsaylor@thecitywire.comA new events company in Fort Smith is already making a name for itself, landing one of the region's biggest corporate events after officially being open for...
View ArticleWal-Mart’s Dr. Agwunobi offers insights on healthcare opportunities
story and photo by Kim Souzaksouza@thecitywire.comHealth and wellness is big business for Wal-Mart’s Stores Inc. garnering roughly $2.495 billion in sales — roughly 11% of the retailer’s total U.S....
View ArticlePerez promoted at Arvest Bank in Springdale
Arvest Bank announced Susana Perez has been promoted to personal banker in Springdale. She is relocating from 415 Emma Avenue to the branch located at the corner of East Robinson Avenue and Butterfield...
View ArticleWalmart suppliers may see heightened chargeback risks
story by Kim Souzaksouza@thecitywire.comRetailers like Wal-Mart Stores, Dollar General and Best Buy ordered a lot of products ahead of the holiday season, but reports of soft post-holiday sales and...
View ArticleArkansas poultry, beef farmers hope for better 2014
story by Kim Souzaksouza@thecitywire.comAgriculture is still king in Arkansas despite being the home of the world’s largest retailer, a robust trucking industry and a quickly evolving start-up...
View ArticleWalmart China’s e-commerce unit posts strong 2013 results
Yihaodian.com, a subsidiary of Walmart China, reported annual sales of $1.89 billion in U.S. dollars, up 77% from a year ago. Walmart owns a 51% stake in the online food business that nearly doubled...
View ArticleTwin Peaks plans to build restaurant in Rogers
Twin Peaks has scoped out a location for its second restaurant in the Natural State. The planning commission in Rogers has approved the new eatery to be located at 2400 Promenade Blvd. near Cabella’s...
View ArticleOnline grocery growth tests U.S. retail agility
story by Kim Souzaksouza@thecitywire.comOnline grocery is here and poised for steady growth in the next decade with Amazon expected to lead the charge.Multiple surveys reveal that 11% of consumers are...
View ArticleVolleyball tournament could help boost lagging area tourism taxes
More events held in the Fort Smith area like the upcoming “Battle at the Fort” volleyball tournament may be needed to improve the area hospitality industry and boost Fort Smith and Van Buren...
View ArticleHP refunds Arkansas $459,000 in incentive funds
story from Talk Business, a TCW content partnerThe state of Arkansas will receive $459,000 in clawback funding from tech giant Hewlett Packard for its failure to meet employment goals as part of a $10...
View ArticleNRF urges transition to more secure credit and debit cards
The National Retail Federation on Wednesday (Jan. 22) sent a letter to congressional leaders outlining the retail industry’s commitment to protecting sensitive consumer data in the wake of the recent...
View Article