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Arkansas’ new secretary of the Arkansas Department of Parks, Heritage and Tourism, Mike Mills, believes now is an exciting time for the department. The almost 50-year veteran of the state’s…
by - January 26, 2023 4:27 pm
The retail sector was stable in 2022 after 9,300 retail store closures in 2019 before the pandemic and another 1,800 closures reported through mid-2021. But UBS analysts predict store closures…
by - January 26, 2023 12:14 pm
Energy industry officials look to greater stability, advanced energy investments and beneficial policies after facing multiple unexpected challenges last year. Surprises included Russia’s invasion of Ukraine and price volatility that…
by - January 25, 2023 2:06 pm
Coming from record sales and a climate where consumers had extra money to spend, retailers are bracing for a year of transition amid a possible slowing economy, rising interest rates…
by - January 24, 2023 12:11 pm
The trucking industry overcame multiple challenges in 2022, including some surprises, as the industry shifted from the COVID-19 pandemic into something more normal. With 2022 in the rearview, 2023 brings…
by - January 23, 2023 1:10 pm
Arkansas’ construction sector dealt with a mix of new and old problems in 2022. Record inflation, interest rate hikes, and chronic supply chain issues continued to plague the industry during…
by - January 22, 2023 11:06 am
Bentonville-based retailer Walmart Inc. said recently it now operates, with its vendors, 36 drone delivery hubs in Arizona, Arkansas, Florida, North Carolina, Texas, Utah and Virginia. “I’m incredibly proud of…
by - January 21, 2023 10:59 am
Economics Arkansas, a nonprofit educational organization that promotes economic literacy to K-12 students, will present the 2023 Excellence in Free Enterprise Award to J.B. Hunt Transport Services President Shelley Simpson….
by - January 21, 2023 10:46 am
Besides being the nation’s largest retailer, Walmart is slowly becoming a technology company. The Bentonville-based retail titan spent big on technology innovations last year in hopes of adding additional revenue…
by - January 20, 2023 12:09 pm
According to an executive with Arvest Bank – one of the state’s largest with nearly $26 billion in assets – the economy and its impact on businesses and consumers is…
by - January 19, 2023 5:37 pm
Arkansas’ K-12 public schools have returned to mostly normal operations after the pandemic, and now they face more permanent changes with a new governor planning to give parents more control…
by - January 19, 2023 3:51 pm
Lowell-based carrier J.B. Hunt Transport Services Inc. announced Thursday (Jan. 19) it will pay a cash dividend of 42 cents per share on Feb. 24 to shareholders of record as…
by - January 18, 2023 11:33 am
Arkansas may soon exit a public health emergency even as some of its hospitals are facing a financial one so severe that some are on the brink of closing. When…
by - January 18, 2023 9:40 am
Lowell-based carrier J.B. Hunt Transport Services Inc. missed earnings and revenue expectations amid a softer freight market in the fourth quarter of 2022. Still, revenue rose by 4.3%, while earnings…
by - January 17, 2023 10:09 am
Arkansas’ agriculture industry encountered turbulence in 2022, and faces several uncertainties as 2023 unfolds. Heavy springtime rains slowed planting and input costs for fertilizer, fuel, and others skyrocketed after Russia…
by - January 14, 2023 9:42 am
Recession concerns loom among retailers, suppliers and consumers as 2022 ended. Top of mind has been the persistent inflation that continues to squeeze household budgets and retailer margins. Bank of…
by - January 11, 2023 3:19 pm
Analysts said that Lowell-based carrier J.B. Hunt Transport Services Inc. is expected to post an increase in fourth-quarter earnings amid a soft freight market. Meanwhile, J.B. Hunt has reached a…
by - January 7, 2023 11:04 am
Retail suppliers expect many challenges from 2022 to persist well into 2023, with slower growth predictions that could lead to continued price inflation. Suppliers continue to face logistics disruptions despite…
by - January 3, 2023 3:45 pm
A new control tower and connector road for Northwest Arkansas National Airport (XNA) in Highfill will receive more than half of the $25.6 million in federal funding for 11 projects…
by - December 27, 2022 9:47 am
Julie Barber, Walmart’s executive vice president of general merchandise, said the retailer continues to face an overabundance of inventory in some categories and inflationary pricing pressures. She said the company…
