Northwest Arkansas

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Challenging Year for Retail Development (Commentary by by Steve Lane)

A worsening economy has created tough times for many of America’s top retailers.

Wal-Mart Shareholders Have New Reason to Cheer

Wal-Mart Stores Inc. will have a lot to celebrate during their 2008 shareholders meeting as sales and earnings continue to increase.

Northark Breaks Ground on Addition

North Arkansas College broke ground on a new addition that will house the college’s Allied Health program.

Butterfield Coach Elementary Begins Expansion (Real Deals)

Nabolz Construction has begun work on a $7.7 million renovation and expansion project at Fayetteville’s Butterfield Trail Elementary School.

Debit, Credit Transactions Offer Convenience, Concerns

More small businesses are accepting credit cards to accommodate customers’ demand for payment by plastic.

NARMC Opens Patient Tower

North Arkansas Regional Medical Center’s new patient tower will increase the hospital’s capacity and help the medical center go paperless in three years.

State’s Reserve Second Highest in Eighth District

Arkansas banks had the second highest reserve fund any state in the U.S. Federal Reserve Bank’s Eighth District during the first quarter of 2008.

Community Partners Compile “Quality-of-life” Assessment

Northwest Arkansas not-for-profit organizations have begun working together to prepare the area’s first compilation of community indicators.

Professional Office Space Lease Rates Increase in 1Q

Absorption of commercial office space continued during the first quarter of 2008 but available professional office space continued to outpace demand.

Wal-Mart Takes Bite Out of Drug Costs

Wal-Mart generic drug company saves insurance companies and customers by cutting out the middle man.

ANB Shareholders Hard Hit by Bank’s Closure

Multiple ANB shareholders are out millions of dollars from the bank’s closure.

ANB Investor Troubled by OCC’s Actions

An ANB investor believes OCC planned ANB’s shut-down for months.

Home BancShares Brags About Stability

Home BancShares Inc. of Conway promotes its stability.

Beef ‘O’ Brady’s Announces New Bentonville Location

Beef ‘O’ Brady’s is planning a mid-August opening for its first Bentonville, second Arkansas location.

Nu-U Day Spa Plans Move to Big 8 Tires

Fayetteville’s Nu-U Salon and Spa will be moving to the abandoned Big 8 Tire shop on College Avenue.

Three Bars for Sale for $4 Million

Three bars with combined annual sales of $1.9 million are for sale for $4 million.

Coenco Inc. Makes Moves to New Headquarters

Fayetteville-based Coenco Inc. recently moved into its new, two-story administrative building.

Commercial Refinancing Market Tough Despite Rate Cuts

Despite interest rate cuts, refinancing commercial loans remains dependent on cash flow.

Developers Demand Consistent Approval Process

Many area developers are unhappy with Fayetteville’s inconsistent and unpredictable approval process of planned zoning districts.

Commercial Leasing Still Healthy, Steady

The Northwest Arkansas commercial recorded positive absorption and improved vacancy rates for many submarkets during the first quarter of 2008.

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

Dope Medicinal Wellness opens Fayetteville clinic

Fort Smith metro job numbers up less than 1% in September report

Opinions differ on use of former ACME Brick property