Business Blog

Sears will end its presence as a full-line retailer in Jackson May 6 with the closing of its 240,000 square-foot Metrocenter Mall store. Liquidation of merchandise has been under way for several weeks and will end |Sunday, a spokeswoman for the national retailer said Monday. The closing leaves Sears’ with only a handful of small [...]

Jackson Mayor Harvey Johnson is prepared to offer Sears incentives such as tax abatements to keep the full-service store as the remaining anchor for the 34-year-old Metrocenter Mall. “Those are things we’re open to,” said Harvey’s spokesman, Chris Mims, of the incentives the city is willing to offer to help the store open despite its [...]

Metrocenter owner Shervin Mateen hardly expected the news he received a couple days after Christmas — the mall’s original and last remaining anchor would be shutting its doors for good. “It’s very shocking,” he said in light of the improving sales mall merchants had been reporting this holiday season compared to previous years. “Sales were [...]