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Author Archives: Jack Weatherly

JACK WEATHERLY: Faulkner the consumer deals with bills

It’s foolhardy to write about William Faulkner and his intensely scrutinized life in Oxford, but here goes. He valued himself highly long before the town, much less the world, caught on. Faulkner strutted around Oxford like a bantam rooster with his beak in the air. In those days, some people called him Count No-Account. But eventually he did establish accounts, ...

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Best Buy to close store on County Line Road

Jack Weatherly The County Line Road retail corridor will lose another major retailer with the closing of the Best Buy store at 6374 Ridgewood Court in Jackson. The store will close at the end of business on Oct. 31, the Richfield, Minn.-based chain said Monday in a release. It opened in November 2000. The announcement comes on the heels of ...

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U.S. GDP growth revised upward to 3.7 percent in second quarter

The Associated Press The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds. The economy as measured by gross domestic product expanded at an annual rate of 3.7 percent in the April-June quarter, the Commerce Department ...

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JACK WEATHERLY: Healing on the coast — A sunny mortality

BAY ST. LOUIS – We sit on the porch of our rental cottage two blocks from the Gulf. Palmettos embrace the screened enclosure with their large fronds resembling the human hand. Hence their name. It’s hard not to think we’re in paradise. Or should I say paradise regained? The lane is always quiet, but more so in the morning, disturbed only ...

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Sanderson Farms fiscal performance takes hit from wobbly market

By JACK WEATHERLY The outbreak of avian flu and other factors cut deeply into Sanderson Farms’ profits in the third fiscal quarter, the Laurel-based poultry producer and processor  said in a release on Tuesday. Net sales were $740 million for the fiscal third quarter, down from $768 million a year earlier. Net income fell  to $50.9 million, or $2.27 a ...

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Costco: plan ‘not a done deal’ but site is prime

Ridgeland crowd takes wholesaler and developer to task By JACK WEATHERLY Under intense questioning for two hours Thursday night from a skeptical crowd of several hundred at the Ridgeland High School auditorium, a Costco representative conceded that it was not committed to a site on Highland Colony Parkway. “This is not a done deal,” said Dan Venable. The audience of ...

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Madison approves plan for retail development

MBJ staff The Madison Board of Aldermen unanimously approved on Wednesday a plan for a 60-acre retail development called Grandview East. The development by Mattiace Properties will be in addition to the 207,000-square-foot Forum at Grandview, which was developed by Mattiace and CBL and was completed five years ago, according to release from the company. Grandview East will be on the east ...

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Lawmakers, small businesses take steps to blunt IRS rule

By JACK WEATHERLY  Lisa Cochran, owner of two hair salon and spa shops called The Studio in Hattiesburg, said that she has been helping her employees for years by contributing $50 a month toward their health coverage premiums. Then she saw an article in the Mississippi Business Journal and has taken steps to avoid a calamity. She realized that she ...

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Steel maker John Correnti dies in Chicago at 68

By JACK WEATHERLY  John Correnti, a pioneer in steel making who left a significant mark on Mississippi, has died at 68, according to published reports. Correnti, who was in Chicago for a meeting of the board for Navistar International Corp., was found  dead in his hotel room Tuesday apparently from natural causes, the reports say. He was lead investor and mastermind ...

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Costco — a long time coming and not there yet

By JACK WEATHERLY It is no secret that Costco has had trouble trying to move into the metro Jackson market. Which is not to say that it hasn’t been recruited – openly in one case, and not so openly in another. Last year, its efforts to build a store on Lakeland Boulevard in Jackson were rebuffed by the city Planning ...

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