Mississippi Business Journal » stores

Victory acquires stores, accounts from Cloutier Oil

Associated Press — Thu, 29 Mar 2012 19:49:54 +0000

NATCHEZ and RIDGELAND — Ridgeland-based Victory Properties has bought 11 convenience stores and nine dealer accounts of Cloutier Oil in Natchez. Lawrie Cloutier, owner of Cloutier Oil, tells the Natchez Democrat the sale was completed March 19. Terms were not disclosed. Cloutier Oil was started Oct. 1, 1958, and originally served commercial businesses that had [...]

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Stores petition MDOT to delay downtown road project

Associated Press — Tue, 28 Feb 2012 17:49:15 +0000

SUMMIT — Merchants in Summit are protesting a plan to shut down a main downtown thoroughfare and disrupt Easter and Mother’s Day sales. The Enterprise-Journal reports the merchants have asked the Mississippi Department of Transportation to delay the partial shutdown of Robb Street. MDOT construction engineer Ken Morris says a contract has been signed and [...]

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Hancock Fabrics reports ‘difficult’ third quarter

MBJ Staff — Thu, 15 Dec 2011 12:46:52 +0000

BALDWYN — Hancock Fabrics Inc. saw net sales for the third quarter of $70.8 million, compared to $73.5 million for third quarter of last year, and comparable store sales decreased 3.5 percent, compared to a 0.3 percent increase in the previous year. Operating income for the quarter was $1.2 million, compared to $2.8 million in [...]

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Main Street turns attention to blighted properties

Associated Press — Tue, 01 Nov 2011 13:41:44 +0000

GULFPORT — Now that downtown historic storefronts have been renovated, drawing new tenants and customers, Gulfport’s Main Street director is turning her attention to vacant lots potentially contaminated by petroleum or hazardous chemicals. The city wants to identify and assess contaminated properties that can be returned to productivity, generating jobs and tax revenue. Lisa Bradley, [...]

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Officials second-guess store security law

Associated Press — Sun, 16 Oct 2011 22:35:05 +0000

JACKSON — Some Jackson officials are questioning whether a new city law on convenience store security is enforceable, and some store owners say the law will unreasonably increase their costs of doing business. The city council voted last month to require each 24-hour convenience store to have a security guard on duty from midnight to [...]

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