Business News

Sanabria promoted by Arvest in Fort Smith

Delmi Sanabria has accepted the dual loan officer position at the Kelley Highway location of Arvest Bank.

Sanabria has been with Arvest more than 10 years. Previously, Delmi was a consumer loan assistant and the 74th Street branch bank location.

Thu, 05/16/2013 - 7:44am

Wal-Mart income up, U.S. comp store sales fall

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.

Thu, 05/16/2013 - 7:03am

Fort Smith regional home sales down

Home sales for the month of April stayed even with the same month last year, though total sales volume was down in both Crawford and Sebastian Counties.

Wed, 05/15/2013 - 5:58pm

Trucking execs talk about industry struggles

Trucking exec Greg Carman said the industry is tough and uncertain thanks primaritly to inconsistent business trends and costly government regulations.

Wed, 05/15/2013 - 4:46pm

Regional tourism tax revenue down in first quarter

The pace of activity is slowing in the regional tourism and travel sector based on hospitality tax collections in Fort Smith and Van Buren.

Collections in Van Buren during the first three months of 2013 total $101,133, a slight decline from the $101,700 in the first quarter of 2012.

Wed, 05/15/2013 - 2:54pm

WalmartLabs acquires two tech startups

The technology arm of Walmart Global eCommerce known as WalmartLabs has acquired two tech startups that should enhance the retailer’s cloud computing infrastructure and software services portfolio.

Wed, 05/15/2013 - 1:28pm

NWA real estate market favors sellers

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.

Tue, 05/14/2013 - 6:06pm

Tyson and Wal-Mart honor WW II veterans

More than 70 World War II veterans will visit memorials dedicated in their honor during a trip to Washington, D.C., on Saturday, May 18, as part of the sixth Northwest Arkansas Honor Flight.

Tue, 05/14/2013 - 3:14pm

Fayetteville's Burger Life to close May 19

Hyper competitive lease rates have helped put two local restaurants out of business.

Burger Life in Fayetteville will close May 19, a little more than two weeks behind its sister restaurant, MarketPlace Express, which closed May 3.

Tue, 05/14/2013 - 2:47pm

Wal-Mart expected to report slower growth

Wall Street anxiously awaits word from Wal-Mart Stores Inc. before the sunrises on Thursday (May 16) for a glimpse into the overall health of the U.S. economy.

Tue, 05/14/2013 - 1:14pm

Wal-Mart still working to meet the China challenge

Wal-Mart has spent the past 17 years trying to perfect its business model in China, garnering about 8% of the retail marketshare in this massive nation of 1.3 billion consumers.

Tue, 05/14/2013 - 12:08am

Regional hospitals prepare for new healthcare laws

As the major implementation of the Affordable Care Act looms in the near future, area hospitals are working to prepare.

Mon, 05/13/2013 - 5:46pm

April airline traffic up in Fort Smith and XNA (Updated)

Enplanements were up during April at the Northwest Arkansas Regional Airport (XNA) and the Fort Smith Regional Airport, with the year-to-date traffic up at XNA and down in Fort Smith.

Mon, 05/13/2013 - 4:18pm

USA Truck recognizes safe drivers

Van Buren-based USA Truck inducted 13 new members into the President’s Million Mile Club and honored six existing members reaching new safe driving milestone levels during a luncheon May 4 at the Fort Smith (AR) Convention Center.

Mon, 05/13/2013 - 12:11pm

Washington Regional receives ‘A’ rating

Washington Regional Medical Center is the only hospital in Northwest Arkansas — and one of only four in the state — to earn an “A” Hospital Safety Score by The Leapfrog Group, an independent national nonprofit run by employers and other large purchasers of health benefits, according to a hospital

Mon, 05/13/2013 - 11:31am

High cost of beef crimps demand

Escalating beef prices have corporate giants McDonald’s and Tyson Foods backtracking in recent days.

Fri, 05/10/2013 - 5:58pm

Chamber speakers tout regionalism, economic diversity

Regionalism is part of the allure of Fort Smith and it will be key to the future growth of the area's economy. That is according to two speakers at the Fort Smith Regional Chamber of Commerce's Business Expo today (May 10).

Fri, 05/10/2013 - 5:58pm

Sears to offer lease-purchase program

In an effort to better compete with big box retailers on large ticket items such as electronics and household appliances, Sears will offer a lease-purchase option for the credit challenged.

Fri, 05/10/2013 - 1:56pm

ABB chief to step down

ABB Chief Executive Officer Joe Hogan has decided to leave ABB for private reasons, according to a company statement issued Friday (May 10).

Fri, 05/10/2013 - 9:04am

Arkansas tobacco tax revenue down 5.2%

Tax revenue is strong for the state of Arkansas in many of the largest collection areas, including income taxes, where year-to-date revenue is up more than 9%.

But one area where revenue has noticeably fallen is the area of tobacco taxes.

Thu, 05/09/2013 - 5:06pm

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