Retail-related briefs: Management promotions, exits, layoffs
• Barnes & Noble names new CEO Barnes & Noble Inc. promotes Michael Huseby to be its next CEO. This management change was announced by the board of directors today, Jan. 9.Huesby has served as...
View ArticleImpact Management Group expands into digital communications
Skot Covert, a native of Ozark and recent graduate of Arkansas Tech University, has joined Impact Management Group as director of Digital Media.In this new capacity, Covert will be responsible for...
View ArticleBancorpSouth to acquire Ouachita Bancshares
Tupelo, Miss.-based BancorpSouth is buying Ouachita Bancshares, a small regional bank with based in Monroe, La., and holding assets of $652.5 million.BancorpSouth, which has more than $12.9 billion in...
View ArticleTony Alamo ministry member sentenced to life in prison
Conner Eldridge, United States Attorney for the Western District of Arkansas, announced Thursday (Jan. 9) that Douglas James Christopher, 60, of Valparaiso, Ind., was sentenced today for knowingly...
View ArticleWall Street likes BancorpSouth deal
BancorpSouth got Wall Street’s nod of approval for the acquisition of Ouachita Bancshares, a deal analysts said will likely push the bank’s earnings and share price higher this year. RBC Capital...
View ArticleStudy predicts mobile devices will replace TV
A recent survey released in conjunction with the annual Consumer Electronics Show found that more than half of consumers polled believe mobile devices will replace television sets by 2022. Media...
View ArticleBill Simon appointed to NRF board
On Sunday, (Jan. 12) the National Retail Federation announced the election of six new members to its board of directors as retailers from around the globe gathered in New York for Retail’s BIG Show....
View ArticleStudy shows 26% curbed holiday spending, despite stable outlook
A recent survey report released by Bankrate.com revealed slight more than one in four Americans (26%) spent less than they expected during the holiday shopping season. Only 14% of Americans spent more...
View ArticleChuy’s restaurant set to open Jan. 14 in Rogers
The Austin-based Tex-Mex Chuy’s restaurant will officially open its doors in Rogers tomorrow, Jan. 14, at 11 a.m. The restaurant is located at 4889 W. Pauline Whitaker Pkwy., near the Pinnacle...
View ArticleFirst Federal asks investors to approve name change amid private placement
Harrison-based First Federal Bancshares recently outlined the terms of a pending name change to Bear State Financial and a private placement totaling $20 million, if approved by shareholders during a...
View ArticlePackers approved 5-year labor contract, Tyson Fresh Meats
Union members at Tyson Fresh Meats beef plants ratified a new five-year labor agreement on Saturday, Jan. 11.The deal solidified raises of $1.60 per hour over the terms of the agreement for more than...
View Article24/7 Wall St. releases “Most Hated Company” list
Financial media firm 24/4 Wall St. recently released its top 10 list of hated companies for 2013. The ranking is based on protests from workers or disenchanted shareholders. Out of the top 10...
View ArticleGreenwood Mayor Del Gabbard resigns
Greenwood Mayor Del Gabbard has resigned from his post with a year left in office. Gabbard, who won office in November 2010, said he was resigning for health reasons."It is not in my nature to quit a...
View ArticleClik here to view.
Peterson named NWACC dean of workforce development
Keith Peterson has been named dean of workforce development at NorthWest Arkansas Community College and will begin his new duties on Jan. 21.He will have the primary responsibility for providing...
View ArticleRetail retirement briefs: PetsSmart, Jewel-Osco execs depart
• PetSmart's O'Leary to retire PetSmart Inc. announced changes to its management team and organizational structure in conjunction with the retirement of Joseph O’Leary, president and chief operating...
View ArticleGroundbreaking held for new $1.5 million APAC Central regional office
A groundbreaking was held Wednesday (Jan. 15) on a new 12,200-square-foot office building at Chaffee Crossing that will be a regional office for APAC-Central Inc.The $1.5 million building, located at...
View ArticleBella Vista seeks to fill vacant planning, zoning seats
The city of Bella Vista is taking applications to fill several vacant positions on the planning commission and the board of zoning adjustment. Appointments will serve out the remainder of the...
View ArticleJ.C. Penney to close 33 store, none in Arkansas
Retailer J.C. Penney announced plans to close 33 underperforming stores seeking $65 million in cost savings this year, while also eliminating about 2,000 jobs by May. The retailer released the list on...
View ArticleChuck E Cheese acquired by private equity firm
Apollo Global Management said it will acquire CEC Entertainment, which operates 577 Chuck E. Cheese stores.The deal is valued at $1.3 billion, including the assumption of CEC’s outstanding...
View ArticleClik here to view.
NWACC’s Laughton honored for excellence
Jim Laughton, a member of the communication and arts faculty at NorthWest Arkansas Community College, was recently honored with the John and Suanne Roueche Excellence Award.The annual Roueche...
View Article