Business

C-Suite: Peter Lane

Achievements: Lane joined Walton Arts Center (WAC) in May 2009. Since then it has tripled in size and grown to become Arkansas’ premier arts presenter. Under his leadership, WAC opened…

Achievements: Griffin managed the first television station in Northwest Arkansas, served on the first “College Without Walls” board for NorthWest Arkansas Community College, was one of the first women to…

C-Suite: Britt Fogg

Achievements: Over the past 20 years, Fogg has been immersed in retail technology and worked with many of the largest retail account teams and consumer packaged goods companies. He’s identified…

Arkansas State University selects new executive director for the Delta Center

Interim Director Andrea Allen has been promoted to executive director of the Delta Center for Economic Development located at Arkansas State University. Allen told Talk Business & Politics she is…

Students use tax increases, spending cuts, tough ‘trade offs’ to reduce national debt

More than 220 University of Arkansas at Fort Smith students gathered Friday (Oct. 12) to devour 64 large pizzas and consider ideas on how to trim the national debt by…

Walmart acquires Bare Necessities to expand online offerings

Walmart announced late Friday (Oct. 12) the acquisition of Bare Necessities, an e-commerce retailer focusing on women’s undergarments, foundation wear. swimwear and lingerie and men’s undergarments. The deal is the…

The Supply Side: Walmart, suppliers looking for success in online grocery space

As Walmart continues to rapidly expand its online grocery pickup business, the retail giant says it’s important for suppliers to lean-in and try new strategies. “We are in this together…

P.A.M. earnings rise 168%, revenue up 28% in third quarter

Tontitown-based carrier P.A.M. Transportation Services’ net income rose 168.4% and revenue increased 28.9% in the third-quarter as it received rate increases from customers and grew its fleet by 11% fleet….

Rockefeller Trust gifts UA System $100 million

The Winthrop Rockefeller Charitable Trust on Friday (Oct.12) gifted $100 million to the University of Arkansas System to continue the UA Winthrop Rockefeller Institute. The landmark announcement was made at…

Then & Now: Former Walmart, Sears exec Jim Haworth leads Outdoor Cap as CEO

EDITOR’S NOTE: The following story appeared in the Oct. 1 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business Journal’s…

Legislative opponents find common ground on ethics

Conversation focused on ethics at a legislative forum Thursday (Oct. 12) at Rogers City Hall, as candidates for four races considered fallout from the General Improvement Funds (GIF) scandal that…

Northwest Arkansas, Fort Smith metro commercial banks see slowdown in deposit growth

A recent report from the Federal Deposit Insurance Corporation (FDIC) shows a slowdown in the pace of deposit growth among banks in Northwest Arkansas and the Fort Smith metro. The…

Labor market tight for growing number of Northwest Arkansas restaurants

Jeff Hodges, owner of Springdale-based restaurant chain Foghorn’s, has never seen so many new restaurants opening locally with a labor pool so small. “My first reaction when I hear of…

The Supply Side: Walmart moving to new protocol for online content providers

Walmart is in the midst of transitioning the protocol and oversight of third-party content providers who work on behalf of suppliers selling items on Walmart.com. The retail giant said it…

Walmart and PayPal partner on financial products, services

Walmart announced Thursday (Oct. 11) a new partnership with PayPal to offer cash-in and cash-out money services at its stores across the U.S. The fee for the service is $3….

Vote against special interests trying to put a price on life this November

This November, Arkansans face what I believe may be the most consequential election in Arkansas’ history with Issue One, a proposed amendment to our state constitution. The so called, “tort…

Court OKs casino initiative, voter ID law

Arkansas voters will vote on a casino amendment this November as a result of two decisions issued Thursday (Oct. 11) by the Arkansas Supreme Court. The court also ruled in…

Heating bills to rise this winter, natural gas supply to hit 13-year low

Household heating bills in the United States are expected to be higher this winter (October through March) compared to last winter, according to the U.S. Energy Information Administration. The bills…

LR Tech Park board raises director’s salary as second phase planning continues

The Little Rock Technology Park on Wednesday (Oct. 10) unanimously approved a 5.7% raise for Executive Director Brent Birch, along with an opportunity to pocket an extra $5,000 annual bonus…

Futurist Frey to bring his predictions, insights to Fort Smith

Thomas Frey is coming to Fort Smith and he’s bringing the future with him. That future, he says, is coming fast, with humanity to “change more in the next 20…