News in brief

Historic landmark

sells in Fayetteville

FAYETTEVILLE -- The historic Old Post Office building on the town square has been sold.

Arnold Holdings LLC in Little Rock bought the 13,500-square-foot building for $2.28 million, according to Washington County property records. The company is registered to Mike Arnold.

Arnold Holdings bought the building from Jim Huson's Fayetteville OPO LLC. Huson bought the building for $1.3 million in 2013 from Ron Bumpass.

Fineberg & Associates was the listing agent for the building. It most recently housed John James' Hayseed Ventures and was online clothier Country Outfitter's first retail store before then. Several businesses have been located there through the years, including Urban Table, Hog City Diner and Jammin' Java.

-- Stacy Ryburn

Walmart criticized

for third-party shirts

The chairman of a student group that supports President Donald Trump on Monday criticized Walmart on Twitter after finding shirts for sale on the retailer's website that said "Impeach 45" and "Impeach Trump."

In response to Trump supporter Ryan Fournier's Twitter post, the retailer issued the following statement: "These items were sold by third-party sellers on our open marketplace and were not offered directly by Walmart. We're removing these types of items pending review of our marketplace policies."

Thousands of people jumped into the online debate on Tuesday. Several Twitter users urged shoppers to boycott Walmart until it removed the anti-Trump attire. Others defended the products, pointing out that hundreds of items for sale on the website carry the Trump election slogan "Make America Great Again."

Third-party products listed on the Walmart website have been an issue for the company. A T-shirt that said "Rope. Tree. Journalist. SOME ASSEMBLY REQUIRED," was removed from the website in December after complaints.

-- Nathan Owens

Acxiom's gains help

lift index to 444.35

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, rose 4.80 to 444.35 Tuesday.

"U.S. stocks reversed early gains and closed lower in a holiday-abbreviated session as weakness in technology and financial shares weighed on benchmarks," said Chris Harkins, managing director with Raymond James & Associates in Little Rock.

Acxiom was the biggest mover, gaining more than 15 percent on almost 5 million shares traded.

The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.

Business on 07/04/2018

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