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Northwest Arkansas hotel, restaurant tax receipts rise in 2013
story by Kim Souzaksouza@thecitywire.comThe four largest Northwest Arkansas cities reported solid 6% gains in their fourth quarter hospitality tax receipts, compared to the prior year. Fayetteville,...
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Arkansas Economic Development Commission gathers in Greenwood
story by Ryan Saylorrsaylor@thecitywire.comThe city of Greenwood is hosting the Arkansas Economic Development Commission this week as state’s development arm holds its monthly meeting in the city...
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U.S., Arkansas foreclosures off to a slow start in 2014
story by Kim Souzaksouza@thecitywire.comThe nation’s foreclosure market continued to shrink in January, posting 40 consecutive months of declines on an annual basis, according to Calif., based...
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Centennial Bank promotes Bryan Smith
Scott Hancock, NWA division president for Centennial Bank, announced the promotion of Bryan Smith as senior vice president of retail operations for all the Northwest Arkansas branches.He moved to this...
View ArticleCasey’s General Stores to acquire 24 Stop-n-Go stores
Casey’s General Stores has signed an asset purchase agreement to acquire 24 Stop-n-Go locations, with 20 of the stores located in North Dakota and four located in Minnesota. “We are excited about the...
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Flat U.S. retail sales in January blamed on bad weather
Consumers pulled back on post-holiday shopping and spending in the beginning of the year with severe winter weather in much of the country partially to blame, according to a report from the National...
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Arkansas natural gas severance tax collections hit new high in 2013
story by Michael Tilleymtilley@thecitywire.comA relatively higher price and the continued production of natural gas from existing wells resulted in a record of $62.685 million in Arkansas’ gross...
View ArticleCrystal Bridges Museum adds new Koons sculpture
Crystal Bridges Museum of American Art recently acquired the Jeff Koons sculpture, Hanging Heart (Gold/Magenta), which was installed in the museum this week ahead of Valentine’s Day.The bright gold...
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Walmart logistics exec talks leadership, lessons from Sam
story by Kim Souzaksouza@thecitywire.comChris Sultemeier leads about 80,000 employees in Walmart’s logistics division. He oversees the massive supply chain operations for more than 180 distribution...
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Consumers spending more on autos, with 2014 sales predicted to rise
One sector that has come roaring back from recessionary lows is the U.S. auto industry. While Americans are driving 7.2% less than they did before the 2008 recession, they are still spending more on...
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Fort Smith Board to consider law firm contract to sue Whirlpool
story by Ryan Saylorrsaylor@thecitywire.comA potential contract with an outside law firm which could lead to steep fines against Whirlpool Corp. for its admitted contamination of a large area on and...
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McMillon challenges Wal-Mart and suppliers in ongoing sustainability push
story by Kim Souzaksouza@thecitywire.comIn his first public forum as CEO of Wal-Mart Stores Inc. Doug McMillon challenged employees and suppliers to innovate, saying he would push the envelope in...
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Winter weather slows Northwest Arkansas home sales
story by Kim Souzaksouza@thecitywire.comOld man winter is the blame for lackluster home sales across Northwest Arkansas in January and likely February as well, according to local agents. From Jan. 1...
View ArticleTyson reportedly bid for Michael’s Foods
Twice in recent days, Bloomberg has reported Tyson Foods’ interest in acquiring Michael’s Foods, an egg protein business controlled by Goldman Sachs private equity arm.Tyson CEO Donnie Smith said...
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School Board reverses decision on Darby work, gives contract to Turn Key
story by Michael Tilleymtilley@thecitywire.comThe Fort Smith Public School Board of Education went against the urgings of school administration and a project architect to reverse its previous vote and...
View ArticleCattle and beef price margins adjust amid winter weather
After a wild January ride, cattle and beef markets are settling into somewhat more stable levels moving forward, according to Derrell Peel, livestock marketing specialist with Oklahoma State...
View ArticleArvest NWA raises $146,000 for United Way
Arvest Bank and its employees in Northwest Arkansas raised $146,466 in donations for the United Way to help serve individuals and organizations across the region in its 2013 campaign. The bank said...
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Fort Smith area sees positive home sales numbers in January
story by Ryan Saylorrsaylor@thecitywire.comJanuary home sales in Crawford and Sebastian Counties posted increases from the same period last year, with both counties posting values more than 40% higher...
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$58 million osteopathic medical school planned for Chaffee Crossing (Updated)
story by Michael Tilleymtilley@thecitywire.comEditor’s note: Story is updated with changes and additions throughout.Fort Smith could soon be home to Arkansas’ first osteopathic medical school and one...
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One-time charge, interest rate pressures reduce income at America’s Car-Mart
story by Kim Souzaksouza@thecitywire.comA recovering economy, more lenders in the subprime auto space and higher charge-offs have thrown a monkey wrench into the operations of America’s Car-Mart, a...
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