Several sources have told The City Wire that as many as 60 people have been laid off at Golden Living’s administrative center in Fort Smith, with the company acknowledging only that employment has been “appropriately aligned” at the facility.
Wal-Mart launched a new state initiative called “Arkansas’ Own” to promote Arkansas vendors doing business with the retail giant and to encourage more shoppers to buy local products made in the Natural State.
It’s certainly not a popular move with potentially hundreds of employees in the Fort Smith region, but officials with Rheem and Arkansas Best Corp. recently said they will close their defined benefit pension plans.
Documents reviewed by The City Wire show Fort Smith city officials knew about Whirlpool's plan to request a groundwater well ban as early as June of last year and that Whirlpool may not have been forthcoming with the city or the Arkansas Department of Environmental Quality about its requ
Softer consumer sales hindered by higher taxes and larger heating bills this winter led to missed analysts’ expectations by Wal-Mart Stores – but the company still pocketed $3.78 billion in its fiscal first quarter ending April 27.
It’s been seven years since the local real estate market has favored sellers to the extent seen last month as buyer demand outpaced inventory levels, according to industry analyst Paul Bynum with MountData.com.