Category Archives: Events

High School Students Learn Retail and Supply Chain Management

Thirteen rising junior and senior high school students participated in the Retail Supply Chain Management Camp hosted by the Center for Retailing Excellence and the Supply Chain Management Research Center at the Sam M. Walton College of Business. Continue reading High School Students Learn Retail and Supply Chain Management

Tournament Highlights Vendors FORE Education

Event raises scholarship funding for university business students, women golfers.

FAYETTEVILLE, Ark. — Golfers from across Northwest Arkansas raised $70,000 to support students at the Sam M. Walton College of Business and the University of Arkansas Women’s Golf Program through the Vendors FORE Education golf tournament held Friday, July 15.

The tournament, sponsored by Walmart vendors, was held at Stonebridge Meadows Golf Club in Fayetteville. Walton College’s Center for Retailing Excellence, working in partnership with Erik Wolff of E-Wolff Sales Solutions and Russ Heithoff of Strategic Retail Solutions, hosts the tournament each year. This year marks the 20th anniversary of the tournament. In celebration of this milestone year, Vendors FORE Education held a special prize drawing for a 1997 30th anniversary edition Chevy Camaro convertible. Continue reading Tournament Highlights Vendors FORE Education

Fleischer Scholars Experience Entrepreneurship and College Life

Thirty-three high school juniors and seniors participated in the Fleischer Scholars summer camp program July 10-15 to learn about entrepreneurship at the Sam M. Walton College of Business. Hosted by the Office of Diversity and Inclusion, the camp introduces first generation, low income and underrepresented students to college life, business classes and entrepreneurship.

Program sponsor Mort Fleischer, the co-founder and chair of STORE Capital Corp. (NYSE: STOR), has a long reaching vision for the program. His goal is to assist economically disadvantaged students graduate from college and encourage them to invest their time and talent back into to their hometown communities upon graduation. Fleischer calls this the “multiplier effect” and hopes that these future leaders will serve as role models for their community.

“Walton College is proud to partner with Mort Fleischer on this life-changing program for Arkansas students,” Barbara Lofton, director, Office of Diversity and Inclusion for Walton College. “We want to give these students the ongoing support they need to stay in college, get jobs and serve their communities. There is no limit on what these young people can do.”

Four Arkansas banks – Signature Bank, Bank of England, Citizens Bank and First Arkansas Bank and Trust – have committed to fund $50,000 scholarships to pay for the summer camp program and four years base tuition. The banks will also provide local internships once students become juniors and seniors at the University of Arkansas.

To qualify for the college scholarship, students must be admitted to the University of Arkansas, enroll full time, demonstrate leadership and commit to back to their local community through service. To quality for the summer camp program, students must be the first in their family to attend college, be economically disadvantaged, hold high college entrance test scores, are able to overcome challenges and have the drive to complete college.

Camp Introduces Retail Careers to Incoming Freshmen

FAYETTEVILLE, Ark. — The Office of Diversity and Inclusion and the Center for Retailing Excellence at the Sam M. Walton College of Business hosted 17 incoming freshman students from Arkansas, Texas, Illinois and Peru during the Business Leadership Academy held June 5-10. The summer residential program creates an awareness of retail career choices and opportunities that exist for Walton College business majors.

The camp exposed students to business and cultural aspects of Northwest Arkansas. The week kicked off with a tour of a Walmart distribution center in Bentonville. Students also visited Crystal Bridges Museum and participated in a retail scavenger hunt at Pinnacle Promenade shopping center and the Northwest Arkansas Mall. In addition to the tours, students participated in training workshops on social and business etiquette, business presentation skills, the McMillon Family Retail Innovation and Technology Lab and the Jane Gearhart Food Pantry.

This year, the students were challenged to launch a pop-up store in the McMillon Innovation Lab, located on the University of Arkansas campus. Each student team had to create a business plan, a strategic marketing plan and a budget for launching a business. The three teams proposed ideas for a 24-hour school supply concierge, an after-hours food delivery service and a frozen yogurt bar and bakery to a panel of judges from Walmart, S.C. Johnson, Shopper Marketing and the Walton College.

Campers Learn Technology Opportunities at Walton

FAYETTEVILLE, Ark. — Twelve high school students from groups underrepresented in technology fields got the opportunity to learn about career opportunities open to them during the 17th Technology Awareness Program at the Sam M. Walton College of Business at the University of Arkansas.

The Information Technology Research Institute, the Walton College Office of Diversity and Inclusion and the Department of Information Systems hosted the 12 students for a week-long residential camp June 19-24.

“It is vital that technology fields include minorities and women,” said Eric Bradford, managing director of the institute. “Research shows that diversity helps drive innovation, which in turn shapes the future of technology.”

Campers lived in a dorm, ate at Brough Commons dining hall, and met faculty and staff while on campus. Students participated in an information technology project, researched topics at Mullins Library and presented their findings as part of a closing ceremony. Walton College staff discussed with students the potential salaries of technology professionals and how the students can apply for admission to the University of Arkansas.

Campers toured the information systems department at Walmart headquarters to learn more about technology's role in business.
Campers toured the information systems department at Walmart headquarters to learn more about technology’s role in business.

Campers also heard from professionals representing Dillard’s, Acxiom, Walmart, J.B. Hunt Transport Services, Inc. and Arvest Bank regarding how those companies use technology daily. Students toured Walmart’s information systems department to see professionals in action.

“These young people came here ready to learn,” said Barbara Lofton, director of Diversity Programs at Walton College. “Based on their research and final presentations, each student would be a welcome addition to any occupation in the field of technology and to the university.”

The camp culminated with three student teams presenting business cases, reflecting how technology could resolve common issues. The lessons learned were summed up by one camper’s parent.

“It was one of the most incredible displays of coaching, mentoring and teaching that I have seen in a long time,” said Denisho Coleman Sr., an alumnus of the University of Arkansas. “To see those students present subject matter in the order and depth in the short period of time afforded was very emotional to me –- in particular the SWOT analysis, which is a mainstay for how we justify corporate capital expenditures as a routine part of how we do our jobs.”

To attend the camp, participants must hold a 3.0 GPA, submit three essays and be a rising high school junior or senior. The camp was made possible by the Information Technology Research Institute board members: ArcBest Technologies, Arkansas Blue Cross Blue Shield, Arkansas Department of Information Systems, Arvest Bank Group, ConocoPhillips, Dillard’s, Inc., FedEx Services, Hewlett Packard, InContext Solutions, J.B. Hunt Transport Services, Movista, Phillips 66, Teradata, Tyson Foods and Walmart.

Walton College Partners with Signature Bank to Provide Three Fleischer Scholarships

The Sam M. Walton College of Business at the University of Arkansas is joining forces with the Signature Bank of Arkansas to provide three college scholarships through the Fleischer Scholars program for disadvantaged students.

Signature Bank is funding $30,000 annually for five years to support tuition and educational expenses, as well as for a one-week residential summer camp to introduce students to college. Scholarship recipients must live in Arkansas, be first-generation college students with low-to-medium income, have received admission to the University of Arkansas, have demonstrated the ability to overcome obstacles and be motivated to learn.

“Our commitment to the Fleischer Scholars program is an investment in the future of our state and in the betterment of the communities that we serve,” said Gary Head, chairman, chief executive officer and president, Signature Bank of Arkansas. “My hope is that the Fleischer Scholars, supported by Signature Bank of Arkansas, will stimulate community revitalization and economic growth and that each student will return to their communities as role models, creating what Mr. Fleischer calls the human multiplier effect.”

The Fleischer Scholars program, created by Morton H. Fleischer, co-founder and chair of STORE Capital Corp. (NYSE: STOR), teaches entrepreneurship and innovation to first generation, low income and under-represented students. It also provides college scholarships to under-served youth. Fleischer first started the program at Arizona State University and began a second program at the University of Arkansas.

In July 2015, 39 entrepreneurial teens participated in the program at Walton College. Throughout the week, teens lived on campus, participated in business-focused activities, worked on a business plan case study and presented their team solutions.

“Of the 39 scholars participating in the program, 17 are attending the University of Arkansas this fall,” said Matthew A. Waller, dean, Sam M. Walton College of Business. “Walton College is prepared to mentor these students and provide support throughout their college experience. This innovative program is a transformational opportunity for students, Walton College and the state.”

The summer program prepares students for life on campus. Campers live in dorms and attend seminars and lectures. They hear from local business owners and attend workshops regarding business planning, research, marketing, social responsibility, accounting and finance. The program also includes college preparation classes, which focus on ACT college-readiness assessment testing. Faculty, staff and supporters of Walton College work directly with students during the week facilitating workshops, guest speakers and classes.

Once student scholars begin college classes, each is paired with student and faculty mentors to provide support and guidance. Participating banks in the program will offer summer internships to allow students to obtain professional work experience and earn funds to pay for additional college expenses.

About Signature Bank of Arkansas
Signature Bank of Arkansas was established in 2005 by a team of well-respected and experienced local bankers who had the dream of building a bank where decisions were made locally and in the best interests of not only the bank but customers and team members as well. With locations in Northwest Arkansas and Brinkley, Arkansas, each Signature Bank has a local board made up of individuals involved in their communities. The market boards provide insight and guidance to the bank. Learn more about Signature Bank at sbofa.com.

About Sam M. Walton College of Business
Since being founded at the University of Arkansas in 1926, the Sam M. Walton College of Business has grown to become a nationally competitive business school. The Association to Advance Collegiate Schools of Business – AACSB International – first accredited the college in 1931. U.S. News & World Report has ranked the Walton College in the top 30 among the nation’s public undergraduate business schools since 2004. The Walton College creates, applies and disseminates business knowledge using a diverse, inclusive and global perspective to encourage innovation in its primary strategic endeavors: Retail, Business Analytics and Entrepreneurship. Learn more about Walton College at walton.uark.edu.

Walmart, Dillard’s and Sam’s Club Executives to Speak at Conference

The Center for Retailing Excellence at the Sam M. Walton College of Business is hosting the 16th annual Emerging Trends in Retailing Conference on June 14 to highlight retail trends and transformations.

Keynote speakers include David Glass, former Walmart chief executive officer and current owner of the Kansas City Royals, who will examine past changes in Walmart; Tony Rogers, chief marketing officer, Walmart U.S., who will discuss the marketing transformations; and Steve Bratspies, chief merchandising officer, Walmart U.S., who will discuss future changes for the retail giant. Featured speakers also include senior executives from Dillard’s, Sam’s Club, Disney Retail and Academy Sports + Outdoors.

“So much is changing with delivery models, sourcing and customer expectations,” said Claudia Mobley, managing director of the Center for Retailing Excellence. “To be successful in today’s online and brick-and-mortar markets, retailers must be adept at change and react quickly.”

CRE Emerging Trends Conference
The Center for Retailing Excellence’s Emerging Trends in Retailing conference is set for June 14.

A panel discussion, led by moderator Rob Rivenburgh, chief executive officer for The Mars Agency, North America, will focus on retail transformation and innovation with senior retail executives serving as panelists. The Mars Agency, a fully-integrated shopper marketing agency, serves as the lead sponsor of the conference, along with Helen of Troy, a global housewares, healthcare/home environment, and personal care consumer product company; Stratacache, a industry leader in digital signage, and Salesforce, the fastest growing top 10 software company in the world.

The conference will be held at the John Q. Hammons Center, Grand Ballroom V, on Pinnacle Parkway in Rogers, Arkansas. Event seating is limited. Preregistration is required. For conference cost and registration, visit cre.uark.edu.

About the Center for Retailing Excellence: The Center for Retailing Excellence was established in the Walton College in 1998 with a portion of the $50 million endowment from the Walton Family Charitable Support Foundation. The center focuses on developing future leaders and serves as a bridge between academics and the retail industry.

About the University of Arkansas: The University of Arkansas provides an internationally competitive education for undergraduate and graduate students in more than 200 academic programs. The university contributes new knowledge, economic development, basic and applied research, and creative activity while also providing service to academic and professional disciplines. The Carnegie Foundation classifies the University of Arkansas among only 2 percent of universities in America that have the highest level of research activity. U.S. News & World Report ranks the University of Arkansas among its top American public research universities. Founded in 1871, the University of Arkansas comprises 10 colleges and schools and maintains a low student-to-faculty ratio that promotes personal attention and close mentoring.

U of A Sweeps Graduate Places at Governor’s Cup Competition

April 20, 2016 – FAYETTEVILLE, Ark. – University of Arkansas teams swept all three places Tuesday in the graduate division at the 2016 Donald W. Reynolds Governor’s Cup Collegiate Business Plan Competition.

Donald W. Reynolds Governor's Cup 2016 winners.
Photo by Beth Hall
From left: Cynthia Sides, David Zaharoff, Sean Smith, Drew McKinnon, Amy Hardwick, MJ Orellano, Carol Reeves, Corey Coston, Alan Ellstrand, Senior Associate Dean Anne O¹Leary-Kelly, and interim Dean Matt Waller.

VivImmune, a start-up biotechnology company that specializes in immunotherapy for bladder cancer, finished in first place and won $25,000. The company also won the AT&T Elevator Pitch Contest for $2,000 and the Delta Plastics Innovation Award for $5,000.

Actio Systems, which developed a patient reminder and intelligent rescheduling smartphone app for medical clinics and their patients, placed second and took home $15,000.

Third place and $10,000 went to deciLvl, a company using metamaterial research out of MIT to filter out harmful audio signals in noisy environments.

Read the full article in Newswire.

Walton MBA Team Competes in SEC MBA Case Competition

A team of four M.B.A. students from the Sam M. Walton College Business competed in the 4th Southeastern Conference MBA Case Competition held April 7-9, 2016, on the University of Arkansas campus.

Walton SEC MBA 2016
MBA students (l-r) Haley Cleous, Phil Keil, Ash Ganapathiraju and Clinton Rhodes represented the Sam M. Walton College of Business during the 4th Southeastern Conference MBA Case Competition held April 7-9, 2016, at the University of Arkansas. [photo credit: Jim Bailey]
The Walton team of Haley Cleous, Phil Keil, Ash Ganapathiraju and Clinton Rhodes had 24 hours to create a business plan to a case presented by Henkel Corp., a multinational company that produces consumer and industrial products and whose executives served as judges of the competition.

All 14 SEC universities participated in the event with the University of Alabama bringing home the top prize. The University of Florida placed second, Texas A&M University third and Mississippi State University fourth.

“I was impressed by the caliber of the students who represented the University of Arkansas and the SEC,” said Matthew A. Waller, interim dean of the Walton College. “All of the M.B.A. teams presented quality solutions to a leading international company’s business challenge. Each member of the 14 teams reflects the outstanding business sophistication and talent we have in the SEC.”

Other awards given during the divisional rounds included Best Presenter and Best Q&A.

SEC MBA 2016
MBA teams representing 14 SEC universities were on hand April 7-9, 2016, to compete in the 4th SEC MBA Case Competition. The Walton College at the University of Arkansas served as host for the event. [photo credit: Stacy Allred]
Sarah Gardener from Louisiana State University, Katie Lamberth from the University of Alabama, Lillian Niakan from Texas A&M University and Kate O’Hara from the University of Florida were named Best Presenters for their divisions.

The Best Q&A Awards were earned by Abhinav Bhattacharya from the University of Alabama, Sarah Crook from the University of Tennessee, Kendall Daniel from Texas A&M University and Carew Ferguson from Mississippi State University.

This marks the fourth year for the SEC MBA Case Competition, which provides an opportunity for SEC business schools to showcase their students’ skills at solving simulated, real-world problems that cover the spectrum of business disciplines. The 2017 SEC MBA Case Competition will be held at the University of Florida in Gainesville.

A complete list of winners from the 2016 competition is available at www.thesecu.com.

About SECU
The Southeastern Conference sponsors, supports and promotes collaborative higher education programs and activities involving administrators, faculty and students at its fourteen member universities. The goals of the SECU academic initiative include highlighting the endeavors and achievements of SEC faculty and universities; advancing the merit and reputation of SEC universities outside of the traditional SEC region; identifying and preparing future leaders for high-level service in academia; increasing the amount and type of education abroad opportunities available to SEC students; and providing opportunities for collaboration among SEC university personnel. To connect with SECU online – www.TheSECU.com; on Facebook – TheSECU; on Twitter – @TheSECU; on Instagram – @TheSECUniversity; and on YouTube – SECUniversity.

Retail Supply Chain Management Summer Camp Available to High School Students

The Supply Chain Management Research Center and the Center for Retailing Excellence at the Sam M. Walton College of Business are hosting the Retail Supply Chain Management Summer Camp July 17-20, 2016, on the University of Arkansas campus. The program is a residential summer camp for high school students entering the 11th and 12th grades in fall 2016.

The 4-day camp will introduce students to supply chain management, logistics, retailer and supplier-related industries topics. Campers will tour nearby companies, hear from industry leaders, learn from Walton College faculty and present solutions to a business case study.

The camp is limited to 25 students. The cost is $650 per camper. Applications must be received no later than May 20. A limited number of need-based scholarships may be available.

For more information or to apply, visit scmr.uark.edu/summer-camp.php.