Analysts high on Tyson Foods
Three Wall Street analysts liked what Tyson Foods execs had to say last week, and approved of the solid first quarter performance — the best in company history. J.P. Morgan analyst Ken Goldman raised...
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U.S. cattle herd liquidation continues, down to 1951 levels
The annual cattle inventory report confirmed that the U.S. cattle herd shrunk 2% from a year ago, according to a U.S. Department of Agriculture annual report. What's more, the 87.7 million head of...
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Arkansas’ January tax revenue hit by weak retail sales
The percentage increase in year-to-date Arkansas gross tax collections fell to 2.1% in January compared to a 3.4% level in the December report. Also, sales and use tax collections continue to come in...
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Mike Duke reflects on his tenure as Wal-Mart CEO
Mike Duke stepped away from the day-to-day leadership of Wal-Mart Stores Inc. on Saturday, (Feb. 1) after five years and some of the most profitable times for the retailer in decades.Though Duke did...
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Iceberg co-working center looks for new home
story by Kim Souzaksouza@thecitywire.comThe Iceberg, co-working center in downtown Fayetteville, the brainchild of a few local entrepreneurs opened its door two years ago, occupying the basement space...
View ArticleBush, Embry join Beall Barclay as a staff accountants
Hannah Bush and Jacob Embry have been hired at Beall Barclay & Co.Hannah, originally from Paron, Ark., has bachelor’s degree in business administration with a major in accounting. She graduated...
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Wal-Mart to invest more heavily in Canada, boost e-commerce
story by Kim Souzaksouza@thecitywire.comWIth many global markets in turmoil, retailers are scrambling to invest in regions where they can score market share as well as profits. For now that’s...
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Development projects front and center for Board of Directors
story by Ryan Saylorrsaylor@thecitywire.comTuesday's (Feb. 4) meeting of the Fort Smith Board of Directors dealt almost entirely with issues most other city governments would probably find to be...
View ArticleTyson Foods unveils new breakfast items
Tyson Foods Inc. unveiled a new line of breakfast items under its offerings Tyson Day Starts products.The line of frozen breakfast sandwiches includes ingredients such as cheeses, vegetables, eggs and...
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Agreement brings to ‘standstill’ the takeover attempt of USA Truck
The hostile takeover effort against Van Buren-based USA Truck by Knight Transportation is over. At least for now.The two trucking companies announced Tuesday (Feb. 4) the settlement of litigation filed...
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Salsify helps Walmart.com suppliers with upload, product management
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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Easier credit creates competitive problems for Car-Mart
story by Kim Souzaksouza@thecitywire.comAmerica’s Car-Mart has made a name for itself and its “drive easy” motto providing credit for used-car sales to generations of higher-risk borrowers since 1981....
View ArticleCVS Caremark says 'no' to tobacco
Drugstore giant, CVS Caremark, said Wednesday (Feb. 5) that it will stop selling tobacco products by Oct. 1. The play was highly scrutinized by Wall Street analysts that predict it’s a $2 billion ding...
View ArticleTyson's Donnie Smith pledges $3.2 million to alma mater
Tyson Foods CEO Donnie Smith and his wife, Terry, have pledged $3.2 million to establish the Donald and Terry Smith Endowed Chair for International Sustainable Agriculture at the University of...
View ArticleFood prices dip in January
The Food Price Index fell in January for the first time in three months, according to the Food and Agriculture Organization of the United Nations report. The index averaged 203.4 points for the month,...
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NWA jobless rate holds at 4.9% in December, jobless number drops
Northwest Arkansas’ job market continues to on a positive track with an almost 2% gain in the number of employed and a dip in the number of unemployed seeing the December jobless rate hold at 4.9%,...
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Fort Smith area jobless rate jumps to 7.6% in December
Not only did the Fort Smith metro jobless rate jump to 7.6% in December but the November rate of 6.9% was revised to 7%, meaning that the region’s jobless rate has been at or above 7% for 57...
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Valentine’s Day spending expected to drop from 2013 levels
Retailers may not be feeling the love this Valentine’s Day, with total spending projections are down 6.9% from 2013 as fewer consumers plan to give gifts this year.Consumers are expected to dole out...
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Regional building permits down more than 26% in January
Editor’s note: This story is a component of The Compass Report. The quarterly Compass Report is managed by The City Wire and presented by Fort Smith-based Benefit Bank. Other supporting sponsors of The...
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Former Wal-Mart CEO David Glass receives Sam Walton Award
story and photos by Kim Souzaksouza@thecitywire.comSeveral hundred business professionals bundled up and braved single-digit temperatures to spend the evening with David Glass, chairman and CEO of...
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