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Walmart employees to get raises

Walmart employees to get raises

ARKADELPHIA, Ark. (KTHV) - Minimum wage is going up for many Walmart employees in 2015.

Half a million Walmart employees at both Walmart and Sam's Club stores are expected to make $9 dollars an hour starting in April. That is a $1.75 increase from the original federal minimum wage of $7.25 an hour. By February of 2016, employees should be making $10 an hour.

"I think this could potentially go a long ways to improving employee morale, which could improve customer engagement," says Brian Yarbrough, analyst with Edward Jones. Happier employees, and more welcoming stores, could also help Walmart's sales, which haven't been able to sustain significant momentum since the recession, he says. 

Oaklawn begins new year with big expansions

Oaklawn begins new year with big expansions

LITTLE ROCK, Ark. (KTHV) – Oaklawn will be off to the races early this year. It's the earliest in their 110-year history.

The calendar just turned to 2015, and right away it's time for the racing season at Oaklawn.

The city is ready to welcome the racing community back, and they are looking a little different in 2015 too thanks to a big renovation that's meaning big business for the whole town.

Lawsuit filed over Arkansas minimum wage measure

Lawsuit filed over Arkansas minimum wage measure


LITTLE ROCK, Ark. (AP) - A lawsuit has been filed with the Arkansas Supreme Court aiming to block from the November ballot a proposal to gradually raise the state's minimum wage.

The lawsuit filed Monday asked justices to prevent the state from putting on the ballot the proposed initiated act, which would raise the state's minimum wage from $6.25 an hour to $8.50 an hour by 2017. Election officials earlier this month certified the measure for the ballot.

The lawsuit claims the state used the wrong deadline for accepting petitions for the measure, and also challenges the signatures submitted.

The attorney who filed the challenge did not immediately return a call seeking comment. The chairman of the group backing the wage hike said he was reviewing the lawsuit.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Magic Springs finishes summer with final water park weekend on September 27, 28

Magic Springs finishes summer with final water park weekend on September 27, 28

Magic Springs Water and Theme Park announced the water park only will be open for its final weekend on Saturday, September 27 and Sunday, September 28, 11 a.m. to 6 p.m. Admission is $15 per person and the park will be offering 50% off on special meal deals and an all-you-can-eat buffet, $9.99 for adults and $6.99 for children 10 and under.

The park will reopen Saturday, October 11 for its annual Halloween festival “Magic Screams,” continuing each Saturday and Sunday through November 2 including Halloween, Friday, Oct. 31.

Call 501-624-0100 or visit MagicSprings.com for complete information.

 

Wal-Mart to increase holiday hiring by 10 percent

Wal-Mart to increase holiday hiring by 10 percent


NEW YORK (AP) - Wal-Mart Stores Inc. says it plans to hire 60,000 temporary holiday workers for the crucial holiday season, an increase of 10 percent from last year.

The world's largest retailer also says current workers who want more hours during the holidays will get priority for them. The retailer, based in Bentonville, Ark., has been criticized by labor groups for low pay and intentionally keeping employees' hours low.

The news follows similar announcements from UPS, FedEx and Kohl's, which are also making more temporary hires this year.

A retailer's hiring plans can indicate its expectations for the holiday shopping season, which accounts for 20 percent of the retail industry's annual sales, according to the National Retail Federation.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


Declining home prices in Arkansas

Declining home prices in Arkansas


MAUMELLE, Ark. (KTHV) - If you are looking for a new home, now could be the time to buy. But declining home values in Arkansas aren't good news for everyone.

According to CoreLogic, average home prices are up across the country. They're 7.4 percent higher compared to prices last summer. But in Arkansas, home prices have gone down by 2 percent.

"There's not one thing in particular to pinpoint, just a lot of people decide to sell at the same time," said broker Kim Burkes.

In 2014, 269 more homes were listed than in 2013, but the average sale price has gone down from $192,624 to $184,070, according to the Cooperative Arkansas Realtors Multiple Listing Service.

"Some of those may be foreclosures and short sales which brings the general price down," Burkes said.

Malvern Chamber of Commerce hosting breakfast

Malvern Chamber of Commerce hosting breakfast

LITTLE ROCK, Ark. (KTHV) – The Malvern Chamber of Commerce will host a breakfast on Thursday.

According to a spokesperson for the chamber, the breakfast is intended for speed networking and provides new members the opportunity to learn about their business. The event beings at 8 a.m. in the Great Room at the College of the Ouachitas.

The spokesperson said all members are invited and encouraged to attend.