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Area building permit values down in May, up year-to-date
story by Ryan Saylorrsaylor@thecitywire.comEditor’s note: This story is a component of The Compass Report. The quarterly Compass Report is managed by The City Wire. Supporting sponsors of The Compass...
View ArticleFather’s Day spending expected to top $12.5 billion
As spending holidays go, Father’s Day pales in comparison to Mother’s Day ($19.9 billion) or Christmas ($602 billion), but consumers are still expected to dole out an average of $113.80 on dad ahead of...
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Wal-Mart shares up less than 1.5% between shareholder meetings
story by Kim Souzaksouza@thecitywire.comWal-Mart Stores Inc. is celebrating 52 years as a retailer, and while the discount juggernaut’s shares are trading around $77, performance has been lackluster...
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Bella Vista, Centerton named best places to own a home in Arkansas
story by Kim Souzaksouza@thecitywire.comBenton County is one of the fastest growing areas in the Natural State in part because of job creation, quality of life and strong public school systems. But a...
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Arkansas’ year-to-date revenue up, May collections down 4%
Despite a fiscal year-to-date decline in individual income tax collections, Arkansas’ largest source of tax revenue, gross tax revenue for the fiscal year is up 0.6% and the state is on track to be...
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Food fight is on between Tyson Foods and Pilgrim’s for Hillshire Brands
story by Kim Souzaksouza@thecitywire.comThis bidding for breakfast sausage could get expensive. What began as a $6.5 billion bid by Pilgrim’s Pride for Hillshire Brands, has now seen Pilgrim’s up its...
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Shareholder week brings an effort to oust Wal-Mart Chairman Rob Walton
story by Kim Souzaksouza@thecitywire.comWal-Mart is often in the center of a battle between the Wal-Mart insiders and any number of outside groups seeking change from and within the insiders, and...
View ArticleTyson Foods to soon be out of Syntroleum/Dynamic Fuels deal
Tulsa-based Syntroleum will cease trading shares on Friday (June 6) as the company’s stakeholders approved the sale of its assets to Iowa-based Renewable Energy Group in a deal worth an estimated...
View ArticleSam’s Club to offer cash back credit card, chip-enabled technology
Sam’s Club, in the midst of trying to generate more traffic and raise sagging sales, announced Tuesday (June 3) a new cash back credit card program with its co-branded MasterCard, issued by GE Capital...
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Fort Smith tax collections up 3.38% in April report, down year-to-date
Sales tax revenues for the city of Fort Smith were up in April, with the revenue gap narrowing in the city for the first four months of the year.The city's sales taxes (1% for streets and 0.75% for...
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Wal-Mart offers the media a peak inside its Bentonville innovation lab
story by Kim Souzaksouza@thecitywire.comWal-Mart Stores has made no secret of its need to innovate. By some outside estimates the retailer has spent around $2 billion on 10 tech startups since 2011....
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Wal-Mart to expand Savings Catcher, focus on capturing customers
story by Kim Souzaksouza@thecitywire.comThree months after Wal-Mart first announced the testing of a new savings tool to help drive more in-store traffic, the retailer said it’s expanding the...
View ArticleTHRIVE Bentonville snags first food vendor
THRIVE Bentonville is a 44,000 square foot mixed-use experience with 62 residences and two culinary activators. ERC, the project developer announced Thursday (June 5) that Crepes Paulette, known for...
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Razorback Greenway already proving a benefit for local businesses
story by Jamie Smithjsmith@thecitywire.comAs the dream of a regional trail system is rapidly becoming a reality, Northwest Arkansas businesses are reaping the benefits from the Razorback Regional...
View ArticleRailcar manufacturer to create 350 jobs in Jonesboro
story from Talk Business, a content partner with The City WireThe former Nordex USA wind turbine factory in Jonesboro has been sold to a subsidiary of Trinity Industries, a Dallas-based firm that will...
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Wal-Mart talks U.S. manufacturing jobs, grocery gains and health care
story by Kim Souzaksouza@thecitywire.comBill Simon, CEO of Walmart U.S., said the retailer is excited about the interest from about 500 U.S. companies who want to sell American-made products in its...
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Fort Smith Chamber golf tournament to feature robot ‘player’
story by Ryan Saylorrsaylor@thecitywire.comThe 21st Annual Jack White Legislative Golf Tournament to be held Monday, June 16, will involve more than golfers trying to prove their skills on the course –...
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Wal-Mart shareholders, employees hear about ‘customer-centric’ technology
story by Michael Tilleymtilley@thecitywire.comThe Wal-Mart shareholders meetings have become part late-night talk show, part church service/pep rally, part United Nations parade, with a retail...
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Wal-Mart succession plan keeps Walton family in board leadership
story by Kim Souzaksouza@thecitywire.comThe world got a glimpse into the future board leadership for Wal-Mart Stores Inc. on Friday (June 6) as longtime chairman Rob Walton announced Greg Penner, his...
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Analysts question Wal-Mart execs on the new change and innovation focus
story by Kim Souzaksouza@thecitywire.comFor several years the central message and mission around Wal-Mart’s business strategy was growth, leverage and returns. Analysts from around the country noted a...
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