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Small Businesses to Tackle Long List of Challenges in 2023

A looming recession, still high (although easing) inflation and labor woes are just some of the issues.

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Soaring US Egg Prices Put Pressure on Consumers, Businesses

A lingering bird flu outbreak, combined with soaring feed, fuel and labor costs, has led to U.S. egg prices more than doubling over the past year, and hatched a lot of sticker shock on grocery aisles.

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US Applications for Jobless Benefits Lowest in 15 Weeks

The four-week moving average of claims, which softens some of the week-to-week volatility, fell by 1,750 to 212,500.

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US Consumer Inflation Eased Again to 6.5% in December

Even as inflation gradually slows, it remains a painful reality for many Americans, especially with such necessities as food, energy and rents having soared over the past 18 months.

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Bowman Plazas Host $16.5M Transaction (Real Deals)

MCC Self Storage LLC and Wobbe Lane LLC purchased adjoining industrial flex buildings in west Little Rock.

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The Next Generation, Now (Lance Turner Editor's Note)

A generational leadership shift is happening among key Arkansas companies and families.

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Looking for That ‘Soft Landing’ (Editorial)

Economic reports signal good news for the U.S. economy and better chances for a “soft landing.”

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7 Brew Coffee's Growth Encompasses US

The Fayetteville-based chain's expansion was supercharged two years ago with a major investment from a couple of heavy hitters in the restaurant industry.

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Arkansas Hunger Relief Announces New Board Members

Brian Burton, the CEO of Arkansas Foodbank, is one of three joining the board.

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Fairfax Crossing Apartments Sell for $15.3M

Apartments, commercial land, schools, storage units and more in this week's million-dollar deals and construction.

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LR’s First 7 Brew to Open Soon

The Brew Crew is also opening a second Little Rock 7 Brew at 8023 Cantrell Road.

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State Unemployment Rate Declines to 3.6%

Gains were reported in manufacturing and education, while retail payrolls declined.

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Soaring Egg Prices Prompt Demands for Price-Gouging Probe

The national average retail price of a dozen eggs hit $4.25 in December, up from $1.79 a year earlier.

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Venue and Image Upgrades Part of Little Rock Tourism Master Plan

Improving how locals and visitors perceive the city through "positive storytelling" is part of nine key recommendations.

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Dallas Equity Firm Buys Storage Centers (NWA Real Deals)

Dallas Beck, through subsidiaries, bought two in Fayetteville and one in Springdale for more than $22 million.

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Stealing a Page From Walmart (Lance Turner Editor's Note)

Walmart is raising pay again. But smaller competitors can learn from its strategies to attract workers.

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Little Rock Task Forces to Examine Downtown Density, Food Deserts

The panel focused on urban density will look at parking and residential and commercial development downtown.

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Westrock to Build $70M, 530K-SF Distribution Center in Conway

Westrock Coffee Co. of Little Rock says it will build a 530,000-SF distribution center in Conway, a little more than 2 miles away from its new manufacturing facility there.

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US Job Openings Rose in December to 11 Million

It's a sign the American labor market remains hot and a blow to the Federal Reserve's efforts to cool it off.

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Free Hotel Breakfasts are Getting Bigger and Better

More hotels are doing away with breakfast buffets that have been sitting out too long. Instead, they're giving travelers credits toward made-to-order food.

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