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America’s Car-Mart third quarter earnings up more than 400%
story by Kim Souzaksouza@thecitywire.comStrong car and truck sales along with more on-time payments at America’s Car-Mart helped to push third quarter net profits to $7.461 million, up 407.5% from the...
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Arkansas tourism officials see more industry growth in 2015
story by Michael Tilleymtilley@thecitywire.comNew restaurants in downtown Bentonville, a new murals festival in downtown Fort Smith and other tourism products that “creates a buzz” are what will help...
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Wal-Mart improves comp sales, income up 2.1% to $16.36 billion (Updated)
story by Kim Souza and Michael Tilleyksouza@thecitywire.comEditor’s note: Updated at the end of the story with other earnings report details.It may have not been a stellar financial year for Wal-Mart...
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McMillon rolls out ‘bold’ $1 billion plan to raise Wal-Mart wages, offer...
story by Kim Souzaksouza@thecitywire.comLess than a year after promising to address worker pay, Wal-Mart Stores CEO Doug McMillon has made what he calls a bold move to invest $1 billion in corporate...
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Redman seeks $40 million lost in ‘onshoring’ deal with Wal-Mart
story by Kim Souzaksouza@thecitywire.comPrimary rules of thumb for any partnership is to know your partner and avoid unequally yoked arrangements. That was case for Rogers-based Redman & Associates...
View ArticleNational firms buy the Ranch at Pinnacle Point in Rogers
Balfour Beatty Communities and Block Multifamily Group have acquired the Ranch at Pinnacle Point, a 392-unit multifamily community built in 2007 in northwest Rogers. In this joint venture, Balfour...
View ArticleFCRA approves property deal for high-end homes near new ArcBest HQ
The Fort Chaffee Redevelopment Authority (FCRA) on Thursday (Feb. 19) approved the sale of more than 50 acres that could within the next few years be the location of a subdivision featuring expensive...
View ArticleNWACC offers monthly culinary classes
NorthWest Arkansas Community College will offer the first of several monthly culinary personal enrichment classes to the public. In a partnership with NWACC Workforce Development, the college is...
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Arvest promotes Don Walker to regional position
Arvest has promoted Don Walker to regional executive allowing him to assist a group of Arvest banks throughout Arkansas. In this role he will work with management teams and boards of directors in...
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Fort Smith officials hear ideas on changing mobile food vendor regs
story by Michael Tilleymtilley@thecitywire.comAn effort by Fort Smith city officials to update mobile food vendor regulations that one city official says are “antiquated” and “too restrictive” is...
View ArticleDillard’s net income rises to $331.9 million in fiscal 2014
story from Talk Business & Politics, a TCW content partnerMall and online retailer Dillard’s capped off a healthy year with a mighty fourth quarter as the Little Rock-based company reported rising...
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Clean Line electric project drawing opposition in Arkansas
story by Aric Mitchell, special to The City WireThe Plains and Eastern Clean Line transmission project will reportedly deliver more than 3,500 megawatts “of low-cost wind power from the Oklahoma...
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The Supply Side: Chef Jenn creates gourmet seafood for Wal-Mart
story by Kim Souzaksouza@thecitywire.comEditor’s note: The Supply Side section of The City Wire focuses on the companies, organizations, issues and individuals engaged in providing products and...
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West Coast port backlogs will take months to unwind
story by Kim Souzaksouza@thecitywire.comMore than 80 ships sitting in the harbor and hundreds of containers stacked in empty parking areas at most of the western ports will take months to sort through...
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Wal-Mart’s e-commerce momentum builds, but room for improvement noted
story by Kim Souzaksouza@thecitywire.comThe expectations for Wal-Mart’s e-commerce business is high coming off of 22% sales growth last year. This accomplishment was deemed “solid but not quite as...
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Two Springdale-based companies to expand into Fort Smith
story by Michael Tilleymtilley@thecitywire.comSpringdale-based Career Academy of Hair Design is expanding into Fort Smith thanks in part to an estimated $1.35 million renovation by FSM Redevelopment...
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Wal-Mart eyes ‘phase three’ of its sustainability plan, critics want more
story by Kim Souzaksouza@thecitywire.comIt’s been more than a decade since Wal-Mart Stores publicly began its sustainability journey, and while there have been notable accomplishments, the greater work...
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BHP will not sell Fayetteville Shale assets, but future activity in doubt
story by Wesley Brown, courtesy of Talk Business & Politicswesbrocomm@gmail.comAustralian mining giant BHP Billiton announced today that it has been unable to find a viable suitor for its...
View ArticleWal-Mart, Tyson Foods make Fortune’s 'Most Admired' list
The corporations deemed to be “Most Admired” by Fortune Magazine this year included two locally-based companies — Wal-Mart Stores Inc. and Tyson Foods.Wal-Mart ranked No. 38 on the list cracking the...
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Wal-Mart exec says retailer still committed to U.S manufacturing push
story by Kim Souzaksouza@thecitywire.comThere have been many executive changes at Wal-Mart Stores in recent months, including a new management team at the retailer’s mammoth U.S. division. And while...
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