LITTLE ROCK, Ark. (October 2, 2024) - The Arkansas Economic Development
Commission (AEDC) has selected six Arkansas communities to participate in the
2024 Retail Academy program. The participating communities include Crossett,
Hope, Marion, Morrilton, Newport, and Stuttgart.
"Hempstead County Economic Development in partnership with the Hope Chamber
of Commerce is thrilled to receive the Retail Academy grant from the Arkansas
Economic Development Commission," said Anna Lee Powell, president of the
Hempstead County Economic Development Corporation. "Education for our
leaders in retail recruitment and data will play a crucial role in empowering our local
businesses and retailers. This grant provides us with valuable tools and resources to
strengthen the economic foundation of Hempstead County and ensure sustainable
growth and opportunities for Southwest Arkansas. It's a significant step toward rural
development in Southwest Arkansas and enhancing opportunities for our regional
economy."
The Retail Academy program provides rural communities with online education,
market research, and technical assistance to assist them with recruiting retail
opportunities to their region. The program provides local leaders with the resources
and knowledge needed to recruit and support retail and restaurant businesses in
their communities.