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Then & Now: Bill Akins uses data to tell Walmart story
Editor’s Note: The following story appeared in the July 8 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
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Walmart CEO makes personnel moves, seeks to ‘balance the need for focus and speed’
Walmart CEO Doug McMillon on Friday (July 19) announced several organizational and management changes. While there are several executives shifting positions, Walmart said the changes do not involve anyone exiting…
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P&S Global Holdings to purchase NanoMech for $13 million
A subsidiary of Houston-based petrochemical company Vinmar International is expected to purchase the assets of Springdale-based nanotechnology manufacturer NanoMech for $13.09 million. The subsidiary, P&S Global Holdings LLC, was approved…
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Bentonville airport accepts FAA honor
Bentonville Municipal Airport — Louise M. Thaden Field recently received the 2018 Airport of the Year Award for the Federal Aviation Administration (FAA) Southwest Region and announced it has accepted…
by - July 18, 2019 5:53 pm
It remains unclear if online grocery will help Walmart’s online division be profitable
Walmart.com continues to ring up large losses, which insiders project will be $1 billion this fiscal year. Though Walmart does not break out its online sales, the retailer has said…
by - July 18, 2019 2:13 pm
Fayetteville developer SREG closes $4.84 million purchase of Farmers Cooperative Property
Specialized Real Estate Group (SREG) of Fayetteville has completed a land purchase in south Fayetteville for property it plans to redevelop. In two separate deals, SREG paid a combined $4.84…
by - July 18, 2019 9:12 am
Ashby Street Outdoor in Fayetteville sold to Lamar Advertising
Fayeteville-based billboard company Ashby Street Outdoor Holdings has been acquired by Lamar Advertising Co., a publicly traded company headquartered in Baton Rouge, La. Financial terms of the deal were not…
by - July 17, 2019 7:23 pm
Car-Mart CEO Jeff Williams’ total compensation rises nearly 500%
Jeff Williams, president and CEO of America’s Car-Mart Inc., earned a 9.8% raise, and his total compensation increased 497.9% to $3.1 million in fiscal 2019, which ended April 30. Williams’…
by - July 17, 2019 6:37 pm
Northwest Arkansas Council updates its health initiative, applauds progress
Business leaders from around Northwest Arkansas met Wednesday (July 17) at the Northwest Arkansas Council’s annual meeting held in downtown Fayetteville. The Council celebrated areas it considered progress in the…
by - July 17, 2019 4:12 pm
Connections: Central Research hires VP of talent acquisition
Lowell-based Central Research Inc. (CRI) has hired Kenneth Ludden as vice president of talent acquisition. In the newly created position, Ludden will be responsible for bringing top-level talent to the…
by - July 17, 2019 3:20 pm
SCALE Challenge team registration has been slow
The SCALE Challenge designed to plant 20 new technology-based startups in Northwest Arkansas if off and running, but just 40 teams have signed up as of Tuesday (July 16), according…
by - July 17, 2019 2:55 pm
Slim Chickens announces equity investment from 10 Point Capital, eyes 600 new locations in next decade
Fayetteville-based restaurant chain Slim Chickens announced Wednesday (July 17) an equity investment from 10 Point Capital, an Atlanta-based private equity firm. Financial terms were not disclosed. The investment is expected to…
by - July 17, 2019 10:27 am
Bentonville firm Shine Solar expands service offerings with acquisition of Palmer HVAC
Solar power company Shine Solar of Bentonville recently announced it has acquired Palmer HVAC of Springdale, and the name of the heating and cooling company has been changed to Shine…
by - July 16, 2019 7:35 pm
Former NanoMech CEO responds to allegations of financial wrongdoing
Jim Phillips, former chairman and CEO of Springdale-based nanotechnology manufacturer NanoMech, has filed a response to the claims of financial wrongdoing while in his role with the company. Phillips, in…
by - July 16, 2019 4:33 pm
Arkansas Children’s Northwest adds pediatric endocrinologist
Juan Mejia-Otero M.D., an endocrine specialist for pediatrics, has joined Arkansas Children’s Northwest in Springdale. He is also an assistant professor of pediatrics in the University of Arkansas for Medical…
by - July 16, 2019 3:57 pm
Conrad Odom announces candidacy for newly created juvenile judge position
Fayetteville attorney Conrad Odom announced his candidacy Tuesday (July 16) for Circuit Court Judge of the new 8th Division of the Fourth Judicial Circuit, serving both Washington and Madison counties….
by - July 16, 2019 2:51 pm
Water utility receives 5-year directors award
Lowell-based water utility Beaver Water District has been recognized by the American Water Works Association’s Partnership for Safe Water for maintaining the Directors Award status for the past five years….
by - July 16, 2019 2:42 pm
Outlook positive for Tyson Foods, poultry industry
Market watchers with Stephens Inc. have a positive outlook on Tyson Foods’ poultry segment despite rising feed costs and lower prices for consumers. Analysts with the Little Rock-based investment firm…
by - July 16, 2019 10:52 am
Oklahoma cannabis connection could benefit NWA dispensary license holder
Erik Danielson, a Fayetteville attorney who is a minority stakeholder in one of Arkansas’ 32 medical marijuana dispensary license holders, has partnered with Slang Worldwide Inc., a global cannabis consumer…
by - July 16, 2019 10:25 am
UA receives $4.6 million to begin cybersecurity training program
The University of Arkansas will use a $4.63 million award from the National Science Foundation to establish a program to recruit, educate and train cybersecurity professionals. The UA announced Tuesday…