US Retail Sales Jump 5.3%, Thanks to $600 Stimulus Checks
After three months of declines, retail sales soared a seasonally adjusted 5.3% in January from the month before, the U.S. Commerce Department says.
View ArticleWarren Named Douglas Director of Food Services (Conway Movers & Shakers)
Mitzi Warren has been hired by wholesale distributor Douglas Cos. of Conway to serve as director of food services.
View ArticleFayetteville’s JBGB Sold In $5.2M Lease-Back (NWA Real Deals)
MAG Capital Partners of Fort Worth, led by Dax Mitchell and Andrew Gi, bought J.J.’s Beer Garden & Brewery through its MAG-JBGB Investment Partners LLC. JBGB was created by Jody Thornton, who owns...
View ArticleNatural Way Raises $1M
A Fayetteville company that manufactures peanut butter and almond butter recently raised $1 million from investors.
View ArticleWebcast to Feature Global Thought Leader Renee Mauborgne
Renee Mauborgne, an economist and professor at international business graduate school INSEAD, will lead the third webcast in a series presented by Arkansas Business throughout 2021.
View ArticleBig Red Stores Announces New Locations, Partnership With Dairy Queen
Big Red Stores announced this week plans to construct three new stores, remodel two existing locations and partner with Dairy Queen Restaurants.
View ArticleKaren Trevino Turns Up Tempo on Alfresco
Karen Trevino, CEO of the North Little Rock Convention & Visitors Bureau, says recovery from the pandemic will take a long time.
View ArticleDormant VA Hospital Visited by $2.7M Sale (Real Deals)
Princeton Place Apartments LLC, an affiliate of Pace Burt Inc. of Albany, Georgia, acquired the 11-story building at 300 E. Roosevelt Road from the Institute in Basic Life Principles Inc. of Hinsdale,...
View Article2020 Brought 40% Growth to Arkitchen
Last year was a difficult one for many businesses, but not for Arkitchen Commercial Kitchen of Little Rock, operated and co-owned by Jon Lamb.
View ArticleTourism Declines to 1990 Levels
International tourist arrivals fell 74% in 2020 compared with 2019, according to the World Tourism Organization. That’s equal to a decline of about 1.1 billion international arrivals, a level not seen...
View Article$15 U.S. Wage Plan: How Would Arkansas Fare?
Some in the hospitality industry question the timing of raising the federal minimum to $15, fearing added burdens could halt recovery from the COVID-19 pandemic.
View ArticleMomentum Delayed Momentary Museum
The Momentary opened to great fanfare in February 2020 in Bentonville, celebrating itself as the relaxed “living room” contemporary art satellite museum of the famed Crystal Bridges Museum of American...
View ArticleArkansas Hospitality Tax Receipts Plunge in 2020
The COVID-19 pandemic sent hospitality tax collections in Arkansas plummeting last year, and the blow to some tourism bureaus in the state, which rely on the taxes for revenue, was even worse than...
View ArticleExpendable Employees on Margins of Minimum Wage
There’s an employee type likely to be judged expendable if the nation moves toward a $15 minimum wage, even if few business owners will dare mention it.
View ArticleCOVID-19 Batters Clinton National Airport
The pandemic's impact on the state's largest airport shows operating revenue down 33% in 2020 from the previous year.
View ArticleHospitality Owners Challenge Property Tax Valuations
The owners of a string of Little Rock-area hotels and motels have taken a shared property tax grievance to Pulaski County Circuit Court that could have implications across the state.
View ArticleMinimum Wage Hike All But Dead in Federal Virus Relief Bill
Democrats' efforts to include a minimum wage increase in their $1.9 trillion COVID-19 relief bill seemed all but dead Monday as Senate leaders prepared to begin debate on their own version of the...
View ArticleMcClard’s to Open Rogers Location
McClard’s Bar-B-Q in Hot Springs will open a location in Rogers on April 1.
View ArticleMoon Joins LRCVB (Movers & Shakers)
Clay Moon has been hired as senior sales director for national associations by the Little Rock Convention & Visitors Bureau.
View ArticleJohn Rees Keeps Work Up to Scratch for Pay Dirt
John Rees of Rees Development says the businesses in his centers have struggled during the pandemic but survived.
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