Target’s troubles continue with missed earnings, lower guidance
Target’s new CEO Brian Cornell has his work cut out for him amid sagging profits some 62% lower than a year ago in the recent quarter and weaker earnings forecasts for the balance of the year.The...
View ArticleHorses for Healing seeks volunteers
Horses for Healing (HFH) seeks volunteers across Northwest Arkansas to help make a positive difference in the lives of children with special needs across the region. HFH’s next session begins Sept. 16....
View ArticlePetSmart exploring possible sale of the company
Pet specialty retailer PetSmart announced this week that it has been working with J.P. Morgan Securities and law firm Wachell, Lipton, Rosen & Katz to explore several alternatives to increase...
View ArticleFamily Dollar rejects Dollar General offer
Dollar General has been jilted by Family Dollar as the discounter has opted to hold firm with Dollar Tree’s $8.5 billion deal.Family Dollar’s board cites “significant antitrust issues” related to the...
View ArticleCar-Mart shares race higher
Investors of America’s Car-Mart saw their profits mount on Thursday, (Aug. 21) as shares rallied more than 15% to $42.90 on strong volume, nearly seven times the normal shares trading hands.The...
View ArticleTyson Foods loses bid to overturn employee suit
Tyson Foods lost its bid before the Tenth Circuit Court of Appeals this week to overturn the $503,000 in damages awarded to employees who were underpaid for the time they spent donning and doffing...
View ArticleHome Depot taps Menear as next CEO
Do-it-yourself home improvement retailer Home Depot announced Thursday (Aug. 21) Craig Menear will be succeed Frank Blake as CEO effective Nov. 1.Menear is being promoted from his post as president of...
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The Supply Side briefs: Bumble Bee Foods for sale, Nestle mandates animal...
• Bumble Bee Foods up for sale Tuna and sardine processor Bumble Bee Food said it plans to launch a sale process this fall and is already reportedly drawing interest from at least two suitors.Post...
View ArticleHammonds named adult and continuing education director at ATU-Ozark
Clycia Hammonds of Magazine has been named the full-time instructor of the Arkansas Tech University-Ozark Campus Adult and Continuing Education.She now teaches at the Paris-Logan County Adult Education...
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Walton Family to shower $302 million on NWA and Delta regions
The Walton Family Foundation’s investment strategy through 2020 includes $302 million to be spent in Northwest Arkansas as well as the Arkansas-Mississippi Delta. The money will go toward economic...
View ArticleAnalyst sees headwinds for BancorpSouth
Sterne Agee analyst Ray Young recently lowered his earning estimates for BancorpSouth for fiscal 2014. Young expects the regional bank to earn $1.26 per share, about 7 cents less than previously noted....
View ArticleDurable goods orders surge in July
New orders for manufactured durable goods in July increased $55.3 billion, or 22.6% to $300.1 billion, according to the U.S. Census Bureau report.This increase, up five of the last six months, was at...
View ArticleSam’s hunts new food items via San Diego supplier event
More than 100 regional small businesses have lined up to meet with Sam’s Club buyers for a chance to have their products featured in retailer’s clubs around the country.The San Diego supplier event is...
View ArticleLane closures announced for I-40 in Sallisaw
Drivers along a section of Interstate 40 in far eastern Oklahoma will have a slower commute for much of the next year as construction will reduce the number of drivable lanes.According to a traffic...
View ArticleUAFS receives $734,000 'jobs driven' grant
The University of Arkansas at Fort Smith received a $734,000 grant by the Arkansas Department of Workforce Services that will be used to train veterans and unemployed area residents in commercial...
View ArticleTwo restaurant chains, Newk’s and Boneheads, moving to NWA
Newk’s Eatery is coming to Northwest Arkansas making its first stop in Fayetteville. The restaurant will be located at 637 E. Joyce Blvd. in a space at Spring Creek Center, Fayetteville. A grand...
View ArticleCollective Bias grows customer base, garners recognition
Social marketing firm Collective Bias has inked new deals with some of the world's leading brands seeking to connect with consumers in the U.K. and Hispanic markets.These new service offerings...
View ArticlePicasolar to present in national startup showcase
Fayetteville-based Picasolar was selected from hundreds of startups across the country to present at the SXSW Eco’s Startup Showcase, an entrepreneurial pitch competition held Oct. 6-7, in Austin,...
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Northwest Health System gets new CEO
Sharif Omar has been appointed as CEO of Northwest Health System, replacing Dan McKay who recently took over as CEO of Sparks Medical in Fort Smith. Omar has more than 15 years of hospital management...
View ArticleArkansas PSC Chair tapped for Federal Energy Regulator Commission post
story by Roby Brock, with Talk Business & Politics, a content partner with The City Wireroby@talkbusiness.netArkansas Public Service Commission Chairwoman Colette Honorable has been nominated to...
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