by - May 18, 2022 11:29 am
U.S. retail sales rise 8.2% year-over-year in April
The U.S Census Bureau reported overall retail sales in April were up 0.9% seasonally adjusted from March and up 8.2% year over year. Sales were up 1.4% month over month…
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by - May 17, 2022 3:12 pm
Avian influenza spreading through poultry nationwide; Arkansas farmers brace for impacts
A flu that is nearly 100% lethal to poultry is spreading across the U.S. Thirty-four states have had confirmed cases of the deadly H5N1 avian influenza, according to the U.S….
by - May 17, 2022 1:14 pm
Grid operators release mixed reports to meet summer electricity demand
Regional transmission organizations operating in Arkansas recently released projections for electricity generation this summer, and one expects insufficient resources to cover peak demand. Carmel, Ind.-based Midcontinent Independent System Operator (MISO)…
by - May 17, 2022 10:26 am
Walmart quarterly income drops almost 25%; labor costs up 30%
Inflation in the supply chain, higher-than-expected inventory, and a 30% rise in wage costs helped derail Walmart’s first-quarter net income to 74 cents per share after a 56-cent downward adjustment…
by - May 16, 2022 6:32 pm
Keet family, Kelley Group, partners buy Breckenridge Village, plan revamp
KBK-Breck, LLC, purchased the local shopping center known as Breckenridge Village in west Little Rock and plan a multi-million dollar redevelopment, according to a press release made public on Monday…
by - May 16, 2022 4:45 pm
At 91, William Shatner reflects on space travel, long career
Actor William Shatner, made famous by his role as Capt. James T. Kirk, in the show Star Trek that debuted in the mid-1960s, almost didn’t make it into space. Shatner…
by - May 16, 2022 3:28 pm
Car-Mart revenue to top $1 billion in fiscal 2022, analysts say
Rogers-based America’s Car-Mart is expected to post earnings decreases for the fourth quarter of fiscal 2022 and the year, but revenue is projected to rise to more than $1 billion,…
by - May 16, 2022 2:47 pm
UA nears deal to bring back Coca-Cola
The University of Arkansas announced Monday (May 15) that it is in the final stages of negotiations to make Atlanta-based Coca-Cola the university’s exclusive non-alcoholic cold beverage sponsor and provider….
by - May 16, 2022 8:28 am
HealthTech Arkansas, MedAxiom partner on cardiovascular healthcare accelerator
HealthTech Arkansas and MedAxiom announced Monday (May 16) that they will collaborate on a new cardiovascular-focused healthcare accelerator called HeartX. The startup program will facilitate guaranteed hospital pilot projects and…
by - May 15, 2022 8:41 pm
Broadband study leader talks price tag, remote delivery
Lou McAlister has been traveling Arkansas for months and he knows a thing or two about who has broadband, who needs broadband, and how hard it will be to deliver…
by - May 15, 2022 9:38 am
University of Arkansas No. 69 among U.S. public universities in tech transfer for economic return
Among U.S. research universities, the University of Arkansas ranks 69th for creating knowledge, imparting it to STEM graduates and bringing discoveries to the market. The rankings are based on a…
by - May 14, 2022 10:47 am
The Supply Side: Walmart signs exclusive agreement with Jenny and Dave Marrs
Walmart helped put Northwest Arkansas on the map. Home makeover duo Jenny and Dave Marrs continue to spotlight the region’s beauty and culture to millions of viewers on the HGTV…
by - May 13, 2022 9:12 am
Dillard’s Q1 net income rises 58% over year ago
Dillard’s Inc. reported first quarter net income of $251.1 million, or $13.68 per share, on sales revenue of $1.612 billion. One year ago, the Little Rock-based department store and online…
by - May 12, 2022 7:33 pm
In Bentonville, Asa Hutchinson sounds like a candidate sizing up 2024 White House run
Political pundits are mentioning Gov. Asa Hutchinson with more regularity as a presidential candidate in 2024. Arkansas’ term-limited Republican governor is playing coy about a possible run for the White…
by - May 12, 2022 5:19 pm
Arkansas Tourism Ticker: Early 2022 numbers show broad recovery in Arkansas’ tourism sector
Hospitality tax collections and tourism job numbers in the first two months of 2022 show a post-COVID-19 recovery, with double-digit percentage gains in tax revenue compared to the pre-pandemic months…
by - May 12, 2022 4:51 pm
Reports suggest corporate America partially responsible for inflation
Rising prices helped buoy sales and net income for like Tyson Foods, Procter & Gamble and other corporate giants. The U.S. Department of Labor recently reported the Aprl Consumer Price…
by - May 12, 2022 3:00 pm
Walton: NWA poised to be ‘hub’ for advanced air mobility technologies
Among many examples, one thing Northwest Arkansas is good at is scaling things up. Walmart Inc., Tyson Foods and J.B. Hunt Transport Services are just three of the business illustrations…
by - May 12, 2022 11:10 am
Walmart expected to post net income decline, gains in e-commerce sales
Walmart is often seen as a stalwart in a challenging economy because it has the the scale and resources to manage shrinking margins. That’s primarily why equity analysts expect Walmart…
by - May 11, 2022 9:07 pm
Walton-backed Heartland Summit convenes before ‘powerful room’ in Bentonville
Inside the downtown Bentonville event venue Record on Wednesday night (May 11), famed singer/songwriter and entrepreneur Pharrell Williams perhaps summed it best. “This is a very powerful room,” Williams said….
by - May 11, 2022 7:17 pm
Governor: Arkansas builds steel mill faster than Pennsylvania would permit one
Arkansas’ newest steel mill will be built faster than it would have been permitted in Pennsylvania, Gov. Asa Hutchinson said Wednesday (May 11). In a speech before the Arkansas Trucking…