Arvest Bank’s acquisition of 29 Bank of America Corporation branches became office at of the end of business Friday. Arvest entered into this agreement with Bank of America in December 2012, and now Arvest has taken ownership of 18 Bank of America branch locations, as well as lease obligations for 11 other branch locations. The [...]
View Post Arvest, bankingThe Bentonville/Bella Vista Chamber of Commerce is hosting the Urban Summit Series from 11 a.m. to 3 p.m. March 1 at the DoubleTree Guest Suites, 301 S.E. Walton Blvd. in Bentonville. The healthcare reform summit will help business leaders know the tools needed to meet the new guidelines set by the “ObamaCare” reform. Participants will [...]
View Post chamber, small businessWalmart Transportation recognized 11 trucking and transportation partners as Carriers of the Year. Walmart awards the designation each year to companies who provide logistical support to the retailer’s stores, Sam’s Club locations and distribution facilities. The Walmart Carriers of the Year, for services provided during 2012 are: General Merchandise Gold* — Tango Transport General Merchandise [...]
View Post trucking, WalmartBricks and mortar retailers are being urged to use digital technology to engage with their customers even if they don’t sell their products online. New insights from Kantar Retail suggest that the total impact that digital technology has on retail is 100 percent, even though digital sales are less than 10 percent of total retail [...]
View Post retailUSA Truck, Inc. announced today that John Simone has been appointed president and chief executive officer and has joined the company’s board of directors. Former CEO Cliff Beckham has returned to his previous role as the company’s executive vice president and chief financial officer, which he previously held from 2002 to 2007. Both changes are [...]
View Post truckingDonnie Smith, president and CEO of Tyson Foods, today announced its subsidiary company, Tyson Mexican Original, acquired the assets of Don Julio Foods of Clearfield, Utah. Don Julio, a maker of flour and corn tortillas, and salty snacks such as potato chips, tortilla chips and pretzels, sells products to retailers throughout the U.S. under the [...]
View Post TysonArvest Bank originated more than 17,000 mortgage loans — both refinance loans and purchase money loans — totaling $2.56 billion in 2012, company officials announced today. That is a 62 percent increase from the $1.58 billion in 2011 loans. The bank reported a 37 percent increase in the value of purchase money mortgages, from $597 [...]
View Post Arvest, bankingTyson Foods Inc. received an “A” from the Global Reporting Initiative for its latest corporate social responsibility report. The new sustainability report is the fourth Tyson Foods has produced since 2005, but the first to receive the Global Reporting Initiative’s Application Level “A.” This represents a high degree of disclosure and transparency in sustainability reporting. [...]
View Post TysonThe Council for Community and Economic Research lists the Northwest Arkansas area as the sixth least expensive metropolitan area to live in. The Metropolitan Statistical Area encompasses Washington, Benton and Madison counties in Arkansas and McDonald County, Mo. The after-tax cost for a professional/managerial standard of living ranged from more than twice the national average [...]
View PostTwo Springdale men are part of the group of 6 to be inducted into the Arkansas Agriculture Hall of Fame. Leland Tollet and Donald “Buddy” Wray both are former Tyson Foods executives being honored this year. The group will be honored at the 25th annual induction luncheon at 11:30 a.m., March 8 in the Ambassador [...]
View Post Agriculture