Contact an attorney to arrange a bond hearing. Yes, a bond reduction on a felony charge is possible.

It means waiting for the Judge to sign the warrant and for it to be returned to the Warrants Division for service.

I was recently arrested for a summary offense of retail theft. Should I have a lawyer? Is ARD an option? Any other options?

You need to have an initial consultation with an attorney and that attorney can advise you as to your options for your particular county and state.

Absolutely. Without knowing all the facts, it is much more difficult for your attorney to competently represent you.