Smith Chevrolet Cadillac opens new dealership in Fort Smith
Smith Chevrolet Cadillac has opened its new 35,000-square-foot dealership at 6500 Autopark Drive near the company’s Nissan dealership.The building is the newest auto dealership in Arkansas and is...
View ArticleBank of the Ozarks posts record income in 2014
Little Rock-based Bank of the Ozarks posted full year net income of $118.6 million, a record for the company and a 30% increase compared to 2013. The total was boosted by fourth quarter income of $34.8...
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The Supply Side: NWACC notes 15 years of training Walmart supplier analysts
story and photos by Kim Souzaksouza@thecitywire.comIt was around 1990 that Wayne Callahan, former local management for H.J. Heinz, got a call from then Wal-Mart CEO Lee Scott to head up a project to...
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McMillon approves more exec moves, departures at Walmart U.S.
story by Kim Souzaksouza@thecitywire.comChange has been a theme at Bentonville-based Wal-Mart Stores under the new leadership of CEO Doug McMillon who took the helm almost a year ago. Executives...
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Arkansas severance tax tally on record pace, but low prices could end run
story by Wesley Brownwesbrocomm@gmail.comArkansas’ severance tax collections hit a record for the month of December, but plummeting natural gas prices and declining rig counts could threaten the...
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Startups to Watch: EcoVet and DataRank primed for growth in 2015
story by Kim Souzaksoua@thecitywire.comEditor’s note: The City Wire has consulted with people closely affiliated with Northwest Arkansas entrepreneurial programs to compile a list of the five...
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XNA sets new traffic record in 2014, Fort Smith airport traffic up almost 10%
Editor’s note: This story is a component of The Compass Report. The quarterly Compass Report is managed by The City Wire and is sponsored in the Fort Smith area by Arvest. Supporting sponsors of The...
View ArticleCherokee Nation holds topping out ceremony on $80 million expansion in Roland
Officials with the Cherokee Nation gathered in Roland on Monday (Jan. 19) for a topping out ceremony on the $80 million expansion of its casino and hotel operation. The new Cherokee Casino & Hotel...
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Tyson Foods marks 80 years as a company, set for shareholder meeting
story by Kim Souzaksouza@thecitywire.comWhen Springdale-based Tyson Foods holds its annual shareholders meeting Jan. 30, the company will also mark 80 years of continued business in one form or...
View ArticleWal-Mart to give consumers a cash tax refund option at its stores
Tax refund time is important for retailers and Wal-Mart who will again use their services platforms to help shoppers complete their 2014 income taxes. The retail giant announced this year a cash option...
View ArticleU.S. Supreme Court passes on swipe fees case brought by retailers
story by Kim Souzaksouza@thecitywire.comThe battle over interchange fees between the nation’s retailers and banks hit a road block as the U.S. Supreme Court decided to not hear the case filed by the...
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Tyson Foods settles civil suit with Missouri related to fish kill
story by Kim Souzaksouza@thecitywire.comSpringdale-based Tyson Foods Inc. has agreed to a $530,000 settlement with the state of Missouri over "unlawful dumping of untreated wastewater" that caused a...
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Commercial investors at work in Bentonville’s downtown Market District
story by Kim Souzaksouza@thecitywire.comAbout one year after the city of Bentonville unveiled a master plan creating two new commercial districts flanking the downtown square, investment is flowing...
View ArticleABF Freight works with Army, Teamsters on job initiative for soldiers
ABF Freight has partnered with the International Brotherhood of Teamsters and the U.S. Army on a joint program to help soldiers transition from military service to the civilian world with work as a...
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Shortening supply chains may create a new reality for trucking sector
story by Kim Souzaksouza@thecitywire.comThere’s a fundamental shift underway in the transportation and logistics sector that could shorten the supply chains for shipping companies during the next few...
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U.S. shipping industry set for good 2015, but port and driver problems persist
story by Michael Tilleymtilley@thecitywire.comRetailers like Wal-Mart Stores and their respective vendors and customers may not benefit from labor issues at major U.S. ports and truck driver and...
View ArticleTyson Foods Foundation and family donates $500,000 to eVersity
story from Talk Business & Politics, a TCW content partnerThe Tyson Foods Foundation and the Tyson family donated $500,000 to the University of Arkansas system to support its online university...
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Saint-Gobain to ‘temporarily’ close Fort Smith plant, idle 120 jobs
The drop in energy prices and the subsequent drop in demand for energy-industry products has resulted in Saint-Gobain closing its Fort Smith proppants plant and cutting around 120 jobs. The cuts were...
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2014 income up almost 10% for J.B. Hunt, revenue hits $6.16 billion (Updated)
story by Kim Souzaksouza@thecitywire.comEditor's note: Story update with changes throughout.Rate increases across its business divisions was the primary reason Lowell-based J.B. Hunt Transport Services...
View ArticleArcBest announces quarterly dividend of 6 cents per share
Fort Smith-based ArcBest Corp. on Thursday (Jan. 22) announced a quarterly divident of 6 cents per share to shareholders of record on Feb. 5. The dividend is paid on Feb. 19.The company is set to...
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