Northwest Arkansas

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Duke to Succeed Scott As Wal-Mart CEO

The board of directors of Wal-Mart Stores Inc. of Bentonville has elected Mike Duke to succeed Lee Scott as president and CEO effective Feb. 1.

GGP Ails Won’t Affect Promenade in Rogers

Deadlines to restructure billions in debt are looming, but even a Chapter 11 bankruptcy filing by General Growth Properties Inc., co-owner of Pinnacle Hills Promenade, won’t impact operations at the outdoor mall in Rogers.

Air Charter Dispute Pits Former Partners

Aspen-Jetride, launched in 2002 by the Pinnacle Group – then made up of Tim Graham, Robert Thornton, Bill Schwyhart and the late J.B. Hunt – shut down on Nov. 7 as a casualty of litigation and lack of operating funds.

Lending Slow But Steady in 2008

Area banks are letting customers know loans are still available even amidst the current financial turmoil.

Foreclosures Continue Steady Increase in Northwest Arkansas

While the national rate for foreclosures declined 12 percent from August to September, rates in Northwest Arkansas continue to climb.

Realtors Adapt, Improvise to Reduce Inventory

The area housing downturn has culled the unserious from Realtor ranks and a handful of those determined to stick it out are turning to creative ways to reduce inventory.

Some Homes Built with Blueprint for Success

Jackson Williams tells potential buyers that the Lakewood neighborhood is the safest in Northwest Arkansas, but he’s not talking about the crime rate.

Multifamily Projects Still Look Attractive

According to the Arvest Bank Group-commissioned Skyline Report compiled by University of Arkansas researchers, multifamily vacancy rates as of June 30 were almost 3 percent higher than a year earlier.

Credit Unions Gain Assets, Lose Members

For the Northwest Arkansas market, the 10 credit unions saw their collective assets gain about 1.3 percent from $167.9 million as of Dec. 31, 2006, to $170.1 million as of Dec. 31, 2007.

Drive Sales: Encourage Mentality with Employees (Human Factor by Seth Mohorn)

Now more than ever it becomes important that we become the clearest representation of our companies, that we demonstrate our conviction about the products, services and solutions we provide.

Legacy Sells, Suits Tossed

Nearly three months after it was originally scheduled to be sold at a foreclosure auction, Brandon Barber’s Legacy Building in downtown Fayetteville sold on Nov. 13.

More Pizza Options Coming

Just when we thought Fayetteville couldn’t get any more pizza places, three more establishments have decided to enter the market.

Beebe On Board for Trammel Roast

Not even Arkansas’ Governor is passing up the chance to roast Arvest Bank executive vice president Dick Trammel.

Louie?s Grill & Bar Targets 1Q 2009

With 5,800 SF in the Shoppes at Steele Crossing, Louie’s will be a sports bar featuring pizza, an outdoor patio with a south and east views and seating for around 240 in separate bar and dining areas.

Home Execs Sell Off Shares

George Gleason II, for instance, recently raised a bit over $3 million by selling 103,000 shares of Bank of the Ozarks stock.

Home Prices Will Continue To Seek Real Market Value (Market Forecast by Jeff Collins)

Amid discussions of bail-outs and buy-outs the critical question is what is a piece of real estate worth?

Mercy, Cornerstone Partner To Save Jobs

Mercy Health System of Northwest Arkansas will partner with Cornerstone Healthcare to save 41 jobs in its outpatient therapy program that were on the chopping block one month ago.

Barrett Retires After 18 Years with Mercy

Susan Barrett, president of Mercy Health System of Northwest Arkansas since 1999, announced she will retire effective Dec. 31.

BusinessWeek Name Springdale Best for Kids

BusinessWeek has tabbed Springdale as the best place to raise children in 2009.

Dickey’s Barbecue Bets on Bentonville

Dickey’s Barbecue Pit, a Dallas-born chain, is coming to Northwest Arkansas.

GDP up 4.3% in the third quarter, consumer confidence declines

St. Bernards to expand Maternal Life360 HOME program into Greene County

Then and Now: Cooperative business model a good fit for Mitchell Johnson

Dope Medicinal Wellness opens Fayetteville clinic