by - July 22, 2015 10:17 pm
Wal-Mart Acquires 100% Of Yihaodian, Chinese E-commerce Business
Wal-Mart Stores Inc. has acquired the outstanding shares in Yihaodian, taking full ownership of its fast-growing e-commerce business in China.
Author: The City Wire Staff
by - July 20, 2015 9:51 pm
The Compass Report: Arkansas Economy Improves In The First Quarter Of 2015
Gains in employment, sales tax collections and building permits resulted in the best combination of grades for Arkansas’ top three metro economies since the first quarter of 2012.
by - July 20, 2015 8:12 pm
Fall Open Set For $80 Million Investment At Cherokee Casino & Hotel On Arkansas Border
Cherokee Casino & Hotel Roland – right across the border from Fort Smith – is eyeing a fall opening for the hotel portion of its new $80 million “premier entertainment development.”
by - July 17, 2015 7:29 am
J.B. Hunt Quarterly Income Up 10.7%, But Numbers Miss Wall Street Targets
J.B. Hunt Transport Services posted second quarter net income of $103.42 million, better than the $93.41 million in the second quarter of 2014, but below market expectations on a per share basis.
by - July 15, 2015 12:04 pm
Tyson Foods Donates $500,000 Toward Water Conservation
A year after an acidic chemical release mishap by Tyson Foods in Monett, Mo., the meat giant announced a collaboration with the Nature Conservancy in an effort to protect rivers…
by - July 9, 2015 5:16 pm
Arkansas’ Large Market Home Sales Value Up Almost 14% Through May
The number of homes sold in Arkansas’ four largest markets during the first five months of the year is up more than 7% and the value of the homes sold is up almost 14%, thanks to continued growth in the Northwest Arkansas and Central Arkansas metro areas.
by - July 9, 2015 8:54 am
Waltons Buy Historic Hotel In Downtown Rogers
The historic Lane Hotel in downtown Rogers was purchased by the Walton family doing business as KLS Leasing. The new owners reportedly paid $1.6 million for the multi-story brick building…
by - July 9, 2015 8:52 am
Curator: Downtown Fort Smith The ‘Perfect Playground’ For Murals Project
Charlotte Dutoit believes downtown Fort Smith is the “perfect playground” to attract “big cats” in the international art world for the upcoming Festival of Murals event to be held in early September.
by - July 8, 2015 3:25 pm
Wal-Mart Says Reshoring Not A ‘PR Stunt,’ Gov. Hutchinson Seeks ‘Share Of Attention’
Wal-Mart officials opened the second day of their manufacturing summit with a video of legendary co-founder Sam Walton saying in a speech years ago that “buying American-made products should be…
by - July 7, 2015 4:24 pm
Furniture Factory Outlet To Move Headquarters, 64 Jobs To Fort Smith
Furniture Factory Outlet is moving its corporate headquarters from Muldrow, Okla. to Fort Smith, locating operations in a 180,000-square-foot part of a former Whirlpool warehouse that is now owned by…
by - July 3, 2015 8:59 pm
Air Travel Down In Arkansas
All three major airports in Arkansas saw fewer travelers in May as compared to May 2014. Only Northwest Arkansas Regional Airport has more travels this year to date than last…
by - July 1, 2015 9:11 am
Pace Industries Merges With Port City Group
Pace Industries, an aluminum, zinc and magnesium die casting company based in Fayetteville, announced it is merging with Port City Group in Muskegon, Mich. The merger will provide die casting,…
by - July 1, 2015 9:10 am
USA Truck Names Banks As Director Of Sales
Gregory Banks has been named director of sales for Van Buren-based USA Truck. He fills the role vacated by Greg Goodner, who was promoted to director of dedicated sales for…
by - June 30, 2015 3:34 pm
ConAgra Foods To Divest Private Label Business
The private label business has been challenging for ConAgra Foods since it acquired Ralcorp Holdings in January 2013. The $6.8 billion deal has yielded disappointing results for the packaged food…
by - June 29, 2015 3:26 pm
U.S. Supreme Court OKs Death Penalty Drugs, States Move On Execution Plans
Members of the U.S. Supreme Court ventured far into the debate about the overall legality of the death penalty in a Monday (June 29) ruling that Oklahoma could continue with…
by - June 24, 2015 6:21 am
May Traffic Down At Arkansas’ Commercial Airports, XNA Up For The Year
Editor’s note: This story is a component of The Compass Report. The quarterly Compass Report is managed by The City Wire, and sponsored by Arvest Bank. Supporting sponsors of The…
by - June 24, 2015 6:18 am
Walton Arts Center Breaks Ground On $23 Million Expansion
The Walton Arts Center held a ground-breaking ceremony Tuesday (June 23) celebrating the $23 million expansion and renovation of the Fayetteville center. The groundbreaking also kicks off the closing of…
by - June 23, 2015 3:35 pm
Wal-Mart Won’t Sell Confederate Flag Merchandise
Retail giant Wal-Mart Stores Inc. is among a growing number of retailers that said they will remove Confederate flag merchandise from stores and its e-commerce sites in the wake of…
by - June 9, 2015 6:52 pm
Pulaski County Judge Says Arkansas Must Recognize Same-sex Marriages
Pulaski County Circuit Court Judge Wendell Griffen ruled Tuesday (June 9) that same sex couples who married May 10-16, 2014 in Arkansas, must be provided the same access to state…
by - June 1, 2015 7:49 pm
Mexican Officials Approve Sale Of Tyson de Mexico To Pilgrim’s Pride
The sale of Tyson Foods’ Mexican/Brazilian poultry business will move forward and is expected to close soon. Mexico’s Federal Economic Competition Commission approved the deal on Monday (June 1), according…