Arkansas Business: Chick-fil-A has strong sales in Ark.

    6:20 AM, Apr 1, 2013   |    comments
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    LITTLE ROCK, Ark. (Arkansas Business) -- Stocks ended higher on Thursday, despite some mixed economic news.

    The government reporting that the U.S. economy grew faster than first estimated in the fourth quarter.

    But the growth, an annual rate of 0.4 percent, was still weak.

    Thursday also marked the end of the first quarter, and overall, it was a strong quarter for stocks.

    In all, the Dow rose 11 percent in the first three months of the year -- its best quarterly performance since the fourth quarter of 2011. And of course on March 5, it beat its own all-time record has been climbing ever since.

    Starplex Cinemas ends business in Arkansas

    Here in Arkansas, the closure last month of the Lakewood 8 movie theater in North Little Rock means the end of Starplex Cinemas of Dallas' business in Arkansas.

    The Lakewood 8 opened in 1986, Starplex purchased the theater in 2010.

    But according to the theater's director of operations, the Lakewood 8 lost a lot of business when the Regal McCain Mall Stadium 12 opened just down the street in September.

    The 60,000-SF theater was capable of showing 3-D films and offered stadium seating in each auditorium.

    Starplex says it has no plans to open another movie theater in Arkansas.

    Chick-fil-A continues strong sales in Arkansas

    And Chick-fil-A continues to register strong sales at its locations throughout Arkansas.

    It's now the No. 1 revenue in Hot Springs.

    Revenue at the chicken sandwich shop topped $3.3 million in 2012, according to data reported by the Hot Springs Advertising & Promotions Commission.

    Chick-fil-A moved from No. 3 in 2011, overtaking both Red Lobster and Olive Garden.

    Though we should note that those numbers don't include alcohol, which Red Lobster and Olive Garden sell and Chick-fil-A doesn't.

    You might remember that Chick-fil-A on Markham St. in Little Rock the No. 2 seller of food in Little Rock last year with sales of $4.3 million.

    And Chick-fil-A remained the top seller in Fayetteville last year, if you don't include the University of Arkansas cafeterias.

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