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Agreement brings to ‘standstill’ the takeover attempt of USA Truck
The hostile takeover effort against Van Buren-based USA Truck by Knight Transportation is over. At least for now.The two trucking companies announced Tuesday (Feb. 4) the settlement of litigation filed...
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Salsify helps Walmart.com suppliers with upload, product management
story by Kim Souzaksouza@thecitywire.comEditor’s note: The Supply Side section of The City Wire focuses on the companies, organizations, issues and individuals engaged in providing products and...
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Easier credit creates competitive problems for Car-Mart
story by Kim Souzaksouza@thecitywire.comAmerica’s Car-Mart has made a name for itself and its “drive easy” motto providing credit for used-car sales to generations of higher-risk borrowers since 1981....
View ArticleCVS Caremark says 'no' to tobacco
Drugstore giant, CVS Caremark, said Wednesday (Feb. 5) that it will stop selling tobacco products by Oct. 1. The play was highly scrutinized by Wall Street analysts that predict it’s a $2 billion ding...
View ArticleTyson's Donnie Smith pledges $3.2 million to alma mater
Tyson Foods CEO Donnie Smith and his wife, Terry, have pledged $3.2 million to establish the Donald and Terry Smith Endowed Chair for International Sustainable Agriculture at the University of...
View ArticleFood prices dip in January
The Food Price Index fell in January for the first time in three months, according to the Food and Agriculture Organization of the United Nations report. The index averaged 203.4 points for the month,...
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NWA jobless rate holds at 4.9% in December, jobless number drops
Northwest Arkansas’ job market continues to on a positive track with an almost 2% gain in the number of employed and a dip in the number of unemployed seeing the December jobless rate hold at 4.9%,...
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Fort Smith area jobless rate jumps to 7.6% in December
Not only did the Fort Smith metro jobless rate jump to 7.6% in December but the November rate of 6.9% was revised to 7%, meaning that the region’s jobless rate has been at or above 7% for 57...
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Valentine’s Day spending expected to drop from 2013 levels
Retailers may not be feeling the love this Valentine’s Day, with total spending projections are down 6.9% from 2013 as fewer consumers plan to give gifts this year.Consumers are expected to dole out...
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Regional building permits down more than 26% in January
Editor’s note: This story is a component of The Compass Report. The quarterly Compass Report is managed by The City Wire and presented by Fort Smith-based Benefit Bank. Other supporting sponsors of The...
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Former Wal-Mart CEO David Glass receives Sam Walton Award
story and photos by Kim Souzaksouza@thecitywire.comSeveral hundred business professionals bundled up and braved single-digit temperatures to spend the evening with David Glass, chairman and CEO of...
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The Friday Wire: Putrid politics and moving an Iceberg
The upcoming nasty politics of the private option, moving an entrepreneurial iceberg, and a greener Wal-Mart and are part of the Northwest Arkansas Friday Wire for Feb. 7.NOTES & ANALYSIS• Get...
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The Friday Wire: Putrid politics and Whirlpool’s marbles
The upcoming nasty politics of the private option, the Fianna Hills Country Club project, and a governor’s disdain for Whirlpool’s marbles movement are part of the Feb. 7 Friday Wire for the Fort Smith...
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Retail group expects modest sales growth in 2014
story by Kim Souzaksouza@thecitywire.comRetailers, despite a slew of layoffs and store closure announcements in recent weeks are expected to see modest sales growth of 4.1% in 2014, up from 3.7% growth...
View ArticleClark Partners launches new firm
Clark Partners Realty Group announces that it is no longer just a team of real estate agents, but a full-service real estate firm.Owner/Broker, Anthony Clark, officially launched the full-service real...
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Private equity firm to pay $124.78 million for Allens Canning
story by Kim Souzaksouza@thecitywire.comAllens Canning business went on the auction block earlier this week with Sager Creek Acquisition Corp. winning the bid and agreeing to pay $124.781 million for...
View ArticleWillie Nelson and Allison Krauss slated for July 7 at AMP
Country and bluegrass fans in Northwest Arkansas will have the opportunity to see Willie Nelson and Alilson Krauss who announced they will perform at the AMP in Rogers on July 7.These award-winning...
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New Wal-Mart ads tout manufacturing return, the ‘Working Man’
story by Michael Tilleymtilley@thecitywire.comPunctuated by the high-energy rock riffs of Rush and massaged by the distinct baritone voice of advertising pitch man Mike Rowe, Wal-Mart Stores Inc. has...
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Numbers improve, but USA Truck posts fifth consecutive annual loss (Updated)
Editor's note: Story updated with changes throughout.The financial picture at Van Buren-based USA Truck appears to be improving, but the company still posted a net loss of $9.11 million in 2013. While...
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Fewer Americans identify as middle class, despite ongoing economic recovery
story by Kim Souzaksouza@thecitywire.comThe economy, particularly in Northwest Arkansas, has seen steady growth in the past two years. But on a national level the number of Americans who consider...
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