Winter continues to challenge beef market
Old man winter continues to show his ugly hand across much of the U.S. with the start of spring still more than two weeks away. Derrell Peel, Oklahoma State University Extension Livestock Marketing...
View ArticleTech chief at Target resigns
Target said Beth Jacob, the retailer’s chief information officer resigned today (March 5) amid a restructuring of its information and compliance division following the pre-holiday data breach. Jacob...
View ArticleCollective Bias expands service amid record growth
Bentonville-based Collective Bias continues to expand its services in shopper media, posting a 100% annual growth rate in its business last year, according to CEO Bill Sussman."Our company was founded...
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Arvest promotes Stephen Boyd
Arvest Bank has promoted Stephen Boyd to consumer lender for the bank’s Springdale market. Boyd, previously a personal banker for Arvest in Springfield, Mo., is excited to relocate to Northwest...
View ArticleTyson Foods lands $444 million government contract
The U.S. Department of Defense has awarded Tyson Foods a three-year contract worth a maximum of $444 million to supply chicken to the federal government, according to March 4 release.The contract, for...
View ArticleTimothy Brooks confirmed as U.S. Federal Judge
Fayetteville attorney Timothy Brooks has been confirmed by the U.S. Senate to serve as a U.S. District Court Judge for the Western District of Arkansas.“The federal bench needs judges that are fair and...
View ArticleStaples to shutter 225 stores
Office supply retailer Staples will close 225 stores in North America by the middle of next year seeking to trim costs amid a weaker sales climate.Staples said it is aiming to save $500 million...
View ArticleCrystal Bridges teams up with NWACC for musical, lecture events
NorthWest Arkansas Community College has joined forces with Crystal Bridges Museum of American Art to bring “Vivaldi’s Sounds of Spring” to life for local audiences on March 19 and 21.The Vivaldi...
View ArticleBeebe names 44 to state boards and commissions
Gov. Mike Beebe announced Thursday (March 6) the following appointments to boards and commissions:Jeffery "Scott" Baxter, Jonesboro, to the Arkansas Local Police and Fire Retirement System Board of...
View ArticleSafeway and Albertsons to merge in $9.1 billion deal
Two iconic grocery chains, Safeway and Albertsons, have agreed to merge in a deal worth $9.1 billion, with a combined footprint of more than 2,400 stores and a quarter million employees.Cerberus, owner...
View ArticleJohn H. Tyson redeems $12.9 million of company stock
Tyson Foods Chairman John Tyson sold 336,895 shares of Tyson Foods stock for an estimated $12.9 million earlier this week, according to a filing with the Securities and Exchange Commission.Following...
View ArticleChaffee Board approves golf course lease
Fort Chaffee Redevelopment Authority board members approved a lease agreement that puts operations and maintenance of the Deer Trails Golf Course in the hands of a non-profit for $1 per year at its...
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Nielsen sizes up opportunities for private label brands
Editor’s note: The Supply Side section of The City Wire focuses on the companies, organizations, issues and individuals engaged in providing products and services to retailers. The Supply Side is...
View ArticleJ.B. Hunt Transport to raise $500 million in bond underwriting
J.B. Hunt Transport Services Inc. recently entered into an underwriting agreement with J.P. Morgan Securities, Goldman, Sachs and Morgan Stanley on the issuance and sale of $500 million in new bonds,...
View ArticleRetail imports expected to rise in March after sluggish start in 2014
Import volume at the nation’s major retail container ports is expected to increase 12.4% in March as retailers begin to stock up for the spring and the summer season, according to the monthly Global...
View ArticleGeorge’s recalls chicken breast from undeclared allergen
Springdale-based George's Inc. recalled approximately 29,200 pounds of seasoned raw chicken breast strips because of a labeling error involving a known allergen, according to the U.S. Department of...
View ArticleThe Supply Side briefs, Chiquita Brands merger, Heinz sues Figueroa
• Chiquita Brands and Fyffes to merge Produce giants Chiquita Brands and Fyffes agreed to a merger announced Monday (March 10). The stock-for-stock transaction is expected to result in Chiquita...
View ArticleEcoArk Inc. acquires Eco3d
EcoArk Inc., a Rogers-based company focused on sustainability and waste stream recovery, recently acquired Eco3d, a Phoeniz, Ariz.-based firm that provides the integration of 3d technology and 3d...
View ArticleP.A.M. Transportation shares rally to new high
Shares of the thinly traded P.A.M. Transportation Services Inc. hit a 52-week high on Tuesday (March 11) rising 3% to $23 on heavier than usual trading in the morning session.P.A.M. share price has...
View ArticleMemco, M&M Poultry Equipment break ground on new facility
Memco and M&M Poultry Equipment broke ground Tuesday (March 11) for a new warehouse and distribution center at 3001 E. Huntsville Ave., in Springdale. Investment costs were not disclosed in the...
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