Monthly Archives: August 2017

New Women’s Leadership Network At UCA

The University of Central Arkansas is kicking off its new Women’s Leadership Network with a reception hosted by First Lady Jenny Davis.

The reception is Monday, September 11 from 3–4:30 p.m. at UCA Downtown located at 1105 West Oak in downtown Conway. The event is free and open to seasoned and aspirant female leaders in the Conway and Faulkner County area.   MORE

Wal-Mart To Donate $20 Million For Harvey Relief Efforts

Wal-Mart Stores and its foundation on Wednesday announced up to $20 million for Hurricane Harvey relief efforts. This includes $10 million focused on support of American Red Cross shelters and $2 million in support of the Hurricane Harvey Relief Fund at the Greater Houston Community Foundation.

“Our Texas family of customers and associates are experiencing devastating impact from this storm,” said Doug McMillon, president and CEO of Wal-Mart Stores. “We are on the ground to help our friends and neighbors in the Gulf region, and we’ll continue to be in the tough days, weeks, and months ahead.”

The retailer said it will match customer donations two to one up to $10 million in cash and products. The customer campaign with the American Red Cross will assist with Hurricane Harvey relief. The retailer said its initial focus will be on mega-shelters, providing items to meet basic needs, such as water, infant formula, diapers, underwear and personal hygiene products.   MORE

Arkansas Is 19th Best State In Which To Grow Old

Arkansas was ranked the 19th best state in which to grow old, according to a study from a Bankrate company, but it shows the state might not lag as far behind as it does in rankings for the best place to retire.

Caring.com, a website providing information and support to caregivers, looked at the financial, healthcare and quality of life aspects of each state in the study it released on Aug. 16.

Arkansas was tied for ninth place in cost and 36th for quality and life and healthcare. The state fared a lot better in the Caring.com study than it did in WalletHub’s rankingof the best states in which to retire. In that list, Arkansas was 42nd, largely because of its low quality of life rating and its healthcare access rating.   MORE

Nearly 800 Arkansans OK’d For Medical Marijuana IDs

The Arkansas Medical Marijuana Commission has not yet received applications for pot-growing and cultivation facilities as of Wednesday (Aug. 30), and there have only been two submissions to locate a cannabis dispensary within the state less than three weeks before the state’s legislature-approved deadline.

At the same time, the state Department of Health has approved nearly 800 medical marijuana registry identification cards allowing citizens to obtain Arkansas-grown, doctor-prescribed pot and other cannabis-related medical products. Cards will not be provided to patients until a month before product is available.

In early May, the Legislature approved the proposed emergency and regular rules that were submitted by the state Department of Finance and Administration (DFA). On June 30, the Commission began accepting bids for five operators to up to eight marijuana growing facilities and another 32 dispensary applicants to operate up to 40 retail locations in four quadrants of the state.    MORE

Harvey’s Impact Uncertain On Agri Industry

The United States has more than 2 million farmers and the median household incomes are projected to increase by less than 1% this year to $76,831 as compared to 2016. But most of that income ($67,969) is fueled by non-farm sources, said United States Department of Agriculture Economist Carrie Litkowski.

Wages, other business income, investment profits, and other income sources supplement the economic health of many farms across the country, she said.

“Small farm income has been in the negative for several years … the well-being of farm-operator households has been contingent on non-farm income sources,” she said.   MORE

Wal-Mart Tells Suppliers Why OTIF Was Needed

Wal-Mart said without great product availability on its shelves, its promise of delivering low prices is empty. That is why the retail giant recently upped the ante on supply chain excellence and revamped delivery requirements known as On-Time-In-Full (OTIF).

Suppliers (full-truckload) who don’t comply with the new OTIF guidelines of 75% on-time and in-full deliveries are being fined 3% of the total invoice, according to rules put in place earlier this month. Kathryn McLay, senior vice president of logistics at Walmart U.S., said the retailer doesn’t want to be in the business of fining suppliers, but it’s necessary that everyone, including Wal-Mart, do a better job with the flow of goods from the manufacturer to the shelf.

McLay was the speaker at the WalSreet Breakfast in Bentonville on Wednesday (Aug. 30), a Greater Bentonville Chamber of Commerce event held at Sam’s Club home office. McLay said in looking at Wal-Mart’s inventory flow two years ago it became clear improvements were needed to reduce the variability at its more than 100 distribution centers with billions of case of goods.    MORE

Farm To Table Fundraiser

The hugely-popular Farm To Table Dinner is back, and this year’s theme is Southwestern.

Dinner will feature the culinary masterpieces of The Pinto, and as always, showcase locally grown and raised foods.

Tickets on pre-sale now on the Main Street Batesville website for $65 each or $500 for a table and will be on sale in September at Merchants & Planters Bank and at First Community Bank.

The fundraising dinner takes place Saturday September 30th.   MORE

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