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January sales tax revenue jumps 8% in Northwest Arkansas
To kick off 2020 the four largest cities in Northwest Arkansas got a nice bump to sales tax revenue in the January report, up 8% to total $6.263 million. Bentonville,…
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Bella Vista Bypass project cost rises by $7 million; Fayetteville interchange delayed
A $25.4 million interchange project on Interstate 49 in Fayetteville won’t be ready as previously planned, and money from the project will be diverted to other highway projects in the…
by - January 21, 2020 2:57 pm
Musselman’s sartorial selections a nod to Razorbacks’ corporate sponsors
For as long as he has been a college basketball coach, Eric Musselman has been unique when it comes to game day attire. Most basketball coaches — college or the…
by - January 21, 2020 1:45 pm
Tyson Foods heads up global coalition for sustainable protein production
Tyson Foods announced Tuesday (Jan. 21) the creation of a Coalition for Global Protein, a multi-stakeholder initiative to advance the future of sustainable protein. Company officials made the announcement at…
by - January 21, 2020 11:17 am
New York Times editorial board member to speak in Fayetteville on ‘Opinion Journalism in the Age of Trump’
Alex Kingsbury, a noted journalist and member of the editorial board of the The New York Times, will give a talk entitled “Opinion Journalism in the Age of Trump.” The…
by - January 20, 2020 9:30 am
Brad Crain appointed new president, CEO of Arvest Benton County
A former Northwest Arkansas banker is returning to the region to head up the Benton County market for Arvest Bank. The Fayetteville-chartered lender appointed Brad Crain the next president and…
by - January 19, 2020 11:59 am
Northwest Arkansas Business Journal seeks nominations for awards
The Northwest Arkansas Business Journal is actively seeking nominations of qualified honorees for its annual recognition programs in 2020. They are: Fast 15: The Fast 15 program is designed to…
by - January 18, 2020 10:35 am
With preservation in mind, Fayetteville couple buys 700 acres near Bobby Hopper Tunnel along Interstate 49
An agreement between the Northwest Arkansas Land Trust and Fayetteville residents Tina Moore and Paul Green will preserve 700 acres along Interstate 49 forever. The land is in southern Washington…
by - January 17, 2020 3:54 pm
David Glass, former Walmart CEO, has died (Updated)
David Dayne Glass, who served as president and CEO of Walmart from 1988 to 2000, died Jan. 9, according to the Glass family. He was 84. He died of complications…
by - January 17, 2020 1:29 pm
IberiaBank promotes Jamey Vaught to Northwest Arkansas market president
Lafayette, La.-based IberiaBank Corp. has promoted senior vice president Jamey Vaught to president of the company’s Northwest Arkansas market. The position has been empty for several months following Chris Howe’s…
by - January 17, 2020 1:14 pm
Several top leadership changes made at Walmart U.S., Sam’s Club
Walmart on Friday (Jan. 17) confirmed a few changes to key leadership positions with its U.S. division. Following the exit of Walmart U.S. CEO Greg Foran, it was expected that…
by - January 17, 2020 12:57 pm
Revenue and income up for J.B. Hunt in 2019, but misses estimates
Fourth quarter and full year income and revenue for Lowell-based J.B. Hunt Transport Services topped 2018 comparisons, but missed market expectations. Shares of the logistics and shipping company fell more…
by - January 17, 2020 11:50 am
Alternative Design adds to management team
Four new hires have been added to the management team of Siloam Springs-based metal fabricator Alternative Design Manufacturing & Supply Inc. James Austin has been hired as the project manager…
by - January 17, 2020 9:29 am
Real Deals: 356-unit apartment complex in Bentonville sells for $34M
A 356-unit apartment development in Bentonville has changed owners in a deal worth $34 million. Hamilton Point Investments, a Connecticut-based a real estate private-equity investment company specializing in multifamily properties,…
by - January 16, 2020 3:20 pm
New Walmart headquarters campus to be ‘part of the neighborhood’
Dan Bartlett, executive vice president of corporate affairs at Walmart, told members of the Northwest Arkansas Council that the retailer’s new corporate headquarters will not be one grand structure, but…
by - January 16, 2020 2:11 pm
Waypoint Private Capital opens Springdale office
Waypoint Private Capital Inc., a Wisconsin-based investment banking firm, has opened an office in downtown Springdale. Randy Meier is the managing director of the office at 2821 Alliance Place. He…
by - January 16, 2020 2:01 pm
2019: Notable deaths
Significant contributors to the Northwest Arkansas and Fort Smith metro business community died in 2019. JANUARY Dick Barclay, 81, Jan. 4 — Barclay, a longtime Rogers civic leader and former…
by - January 15, 2020 5:45 pm
Alice Walton announces new Whole Health Institute, Chopra Medical Library
The healthcare system is broken, and more aptly reflects a disease-care system, according to Alice Walton, philanthropist and daughter of Walmart founders Helen and Sam Walton. She spoke Wednesday (Jan….
by - January 15, 2020 3:59 pm
A decade of covers: Our favorites from each year
As the art director at the Northwest Arkansas Business Journal, I love designing the visual first impression our readers see every two weeks. This week’s front page features our favorite…
by - January 15, 2020 3:28 pm
Arkansas & Missouri Railroad to restart operations on Hewitt Street property in Springdale
Springdale-based Arkansas & Missouri Railroad recently announced it would again start to use its Hewitt Street property along the east side of its office at 306 E. Emma Ave. It…