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Firm buys piece of parking lot on Bowman Road for $2.4M
News 1 day ago
Firm buys piece of parking lot on Bowman Road for $2.4M

820 Thompson Development Co. paid $2.4 million for a section of a Walmart store parking lot on Bowman Road in Little Rock last month. The sale was...

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Business briefs
News 1 day ago
Business briefs

Flyin' B Farms joins Angus Association Flyin' B Farms in Farmington is a new member of the American Angus Association, said Allen Moczygemba, chief...

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Lonoke company buys west LR Hampton Inn & Suites for nearly $12M
News 1 week ago
Lonoke company buys west LR Hampton Inn & Suites for nearly $12M

Hampton Inn & Suites in west Little Rock sold for almost $12 million to a Lonoke limited liability company last month. HISLR 5 LLC paid almost $12...

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Dip in mortgage rates gives hope to first-time homebuyers
News 1 week ago
Dip in mortgage rates gives hope to first-time homebuyers

Mortgage rates continued their month-long slide, according to data released late last week, giving new-- but temporary-- hope to millennial buyers...

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Timber firm asks Little Rock to annex 180 acres for new development
News 1 week ago
Timber firm asks Little Rock to annex 180 acres for new development

The timber company behind the Chenal residential and commercial subdivisions in west Little Rock has asked the city to annex another 180 acres for...

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Business news in brief
News 1 week ago
Business news in brief

U.S. construction spending rises 0.4% WASHINGTON-- Spending on U.S. construction projects edged up 0.4 percent in May, while April's figure was...

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Women's clothing chain opening second Little Rock store inside Park Plaza mall
News 2 weeks ago
Women's clothing chain opening second Little Rock store inside Park Plaza mall

Women’s clothing retailer Altar’d State is set to open its second location in Arkansas’ capital city. The Maryville, Tenn.-based company, which...

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Steel mill to expand, add 500 new workers
News 2 weeks ago
Steel mill to expand, add 500 new workers

Big River Steel said Friday that it will expand its operations near Osceola with a $1.2 billion investment that will double its hot-rolled steel...

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Business news in brief
News 2 weeks ago
Business news in brief

Toys R Us stores shut; 30,000 jobs lost NEW YORK-- Toys R Us is closing its last U.S. stores by today, the end of a chain known to generations of...

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3 cities' outsize gains fuel 6.6% rise in home prices in April
News 2 weeks ago
3 cities' outsize gains fuel 6.6% rise in home prices in April

WASHINGTON-- U.S. home prices rose in April from a year earlier, lifted by bidding wars in many cities where would-be buyers fought over a sparse...

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Business news in brief
News 2 weeks ago
Business news in brief

Women's Microsoft suit dealt setback Microsoft Corp. women engineers who claim discrimination in pay and promotions won't be allowed to pursue...

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Company pays $1.3M for Jacksonville mobile-home parks
News 3 weeks ago
Company pays $1.3M for Jacksonville mobile-home parks

Paradise-Phoenix Properties, a limited liability company, invested more than $1.3 million last month to buy mobile-home parks in Jacksonville....

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May home sales off a vexing 0.4%
News 3 weeks ago
May home sales off a vexing 0.4%

WASHINGTON-- Sales of existing U.S. homes unexpectedly fell 0.4 percent in May, the second-consecutive monthly decline as a lack of inventory and...

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Walmart donates $22M toward Northwest Arkansas groups that support arts, recreation, health
News 3 weeks ago
Walmart donates $22M toward Northwest Arkansas groups that support arts, recreation, health

Walmart Inc. announced a plan Tuesday morning to give more than $22 million in grants to improve Northwest Arkansas organizations that advocate and...

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Lumber costs sap builders' outlook
News 3 weeks ago
Lumber costs sap builders' outlook

Sentiment among U.S. homebuilders fell in June to match the lowest level this year, reflecting sharply elevated lumber costs, according to a report...

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Business News in Brief
News 3 weeks ago
Business News in Brief

Landreaux named Entergy Arkansas CEO Laura Landreaux, who has been with Entergy Arkansas since 2007, will become president and chief executive...

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First Security Bank pays $900,000 for land to build branch in Sherwood
News 4 weeks ago
First Security Bank pays $900,000 for land to build branch in Sherwood

First Security Bank of Searcy paid $900,000 last month for 12.5 undeveloped acres on Brockington Road in Sherwood. The property is at Brockington...

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Microsoft testing cashier-less technology
News 1 month ago
Microsoft testing cashier-less technology

SEATTLE-- Microsoft is developing cashier-less technology for grocery stores, a sign the software giant is gearing up to challenge Amazon on its...

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Group of companies buys Shackleford Corporate Center in LR for $9.4M
News 1 month ago
Group of companies buys Shackleford Corporate Center in LR for $9.4M

A group of six limited liability companies paid almost $9.4 million last month for the Shackleford Corporate Center, a five-building office and...

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Bad news for builders seen as good news for home-improvement chains
News 1 month ago
Bad news for builders seen as good news for home-improvement chains

Soaring lumber prices, rising mortgage rates and a dearth of skilled workers are a triple threat looming over the housing industry right now. That...

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Best Buy to close central Arkansas store later this year
News 1 month ago
Best Buy to close central Arkansas store later this year

Best Buy will shutter one of its central Arkansas stores later this year, the company said Wednesday. The retailer will not renew its lease at the...

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Walmart’s bold steps shrink profit
News 1 month ago
Walmart’s bold steps shrink profit

Walmart Inc. has spent the past year reshaping its business, making a handful of noteworthy decisions executives believe will set the company up...

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Former Gander Mountain site in Sherwood sells for $4.1M
News 1 month ago
Former Gander Mountain site in Sherwood sells for $4.1M

Liquid Texas, a limited liability company based in Bee Cave, Texas, invested $4.1 million last month to buy property occupied by three retail...

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Chicago is trying mobile business rules on for size
News 1 month ago
Chicago is trying mobile business rules on for size

CHICAGO-- After years of contentious efforts to regulate food trucks, Chicago is tackling a new kind of mobile business: trucks that swap fryers...

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State’s job growth seen as slowing
News 1 month ago
State’s job growth seen as slowing

FAYETTEVILLE-- Labor-force growth in Northwest Arkansas and the rest of the state slowed somewhat, while federal tax cuts and the threat of tariffs...

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Wells Fargo to expand auto lending
News 1 month ago
Wells Fargo to expand auto lending

Wells Fargo & Co. Chief Executive Officer Tim Sloan said the firm is ready to increase lending for car sales after pulling back last year, and it's...

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Business bloc aims to boost southwest LR
News 1 month ago
Business bloc aims to boost southwest LR

A nascent group of business executives from southwest Little Rock wants their area to be included with other parts of the capital city often...

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Little Rock E-Z Mart sells for $1.3 million after chain changes hands
News 1 month ago
Little Rock E-Z Mart sells for $1.3 million after chain changes hands

National Retail Properties Limited Partnership, a firm with several Pulaski County purchases in recent years, paid $1.3 million for an E-Z Mart...

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Amazon tries Whole Foods-Prime link
News 1 month ago
Amazon tries Whole Foods-Prime link

Amazon has linked its Prime program with its first batch of Whole Foods Market stores, offering members of the shoppers' program a 10 percent...

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Homebuilding slides 3.7% in April
News 2 months ago
Homebuilding slides 3.7% in April

WASHINGTON-- U.S. builders broke ground on fewer apartment buildings last month, pushing overall home construction down 3.7 percent from March. The...

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