People & Business in the news

by The City Wire staff -

EcoArk Inc. acquires Eco3d

EcoArk Inc., a Rogers-based company focused on sustainability and waste stream recovery, recently acquired Eco3d, a Phoeniz, Ariz.-based firm that provides the integration of 3d technology and 3d digital modeling….

by The City Wire staff -

Staples to shutter 225 stores

Office supply retailer Staples will close 225 stores in North America by the middle of next year seeking to trim costs amid a weaker sales climate. Staples said it is…

by The City Wire staff -

Arvest promotes Stephen Boyd

Arvest Bank has promoted Stephen Boyd to consumer lender for the bank’s Springdale market. Boyd, previously a personal banker for Arvest in Springfield, Mo., is excited to relocate to Northwest…

by The City Wire staff -

Tech chief at Target resigns

Target said Beth Jacob, the retailer’s chief information officer resigned today (March 5) amid a restructuring of its information and compliance division following the pre-holiday data breach. Jacob has overseen…

by The City Wire staff -

RadioShack to shutter 1,100 U.S. stores

Electronics retailer RadioShack continues to fight for its existence despite same-store sales sinking 19% in the recent quarter. The Texas-based retailer said it will close up to 1,100 stores across…

by The City Wire staff -

FedEx Freight raises LTL rates

FedEx Corp. said its subsidiary less-than-truckload unit FedEx Freight will increase its rates by an average of 3.9%. The new rate will take effect March 31 and apply to all…