by Associated Press Published: February 8,2012
Tags: city government, malls, retail
JACKSON — The Jackson City Council has approved a deal that will allow 300 employees to relocate to the Metrocenter mall within 45 days. The Clarion-Ledger reports the new terms proposed by Councilman Quentin Whitwell passed 3-2 yesterday, ending a stalemate over a wiring issue. The city now will pay $50,000 up front for wiring needs that [...] [...]
by Associated Press Published: January 24,2012
Tags: convenience stores, crime, crime prevention, municipal government, retail, satores, security, security guards
JACKSON — The Jackson City Council could repeal a controversial law requiring convenience stores to hire security guards as soon as next month. The law hasn’t been enforced since the council passed it 4-2 in September, because it doesn’t list any penalties for violating it. Under the law, 24-hour convenience stores have to keep a security [...] [...]
by MBJ Staff Published: January 17,2012
Tags: books, bookstores, colleges, colleges and universities, education, higher education, retail, textbooks, universities
CLEVELAND — Barnes and Noble College Booksellers will be the new operator of the Delta State University campus bookstore. Delta State University president Dr. John M. Hilpert said, “Barnes & Noble brings brand excellence, a history of technology innovation, and a commitment to customer service to Delta State.” Barnes & Noble will take over the Delta State [...] [...]
by Ted Carter Published: January 13,2012
Tags: GBT Realty, Madison, Mayor Mary Hawkins Butler, retail, target, tax increment financing, tenant
Target has a bulls-eye on Madison but the developer of the center to be anchored by the national retailer wants some financial help with the project. The center will need a little more star power in its tenant lineup for that, however. Mayor Mary Hawkins Butler gives the Minneapolis-based retailer zero chance of getting tax incentives from [...] [...]
by MBJ Staff Published: January 6,2012
Tags: Commercial Real Estate, development, financing, municipal government, real estate, retail, shopping centers
MADISON — GBT Realty Corporation of Brentwood, Tenn., was scheduled to present the final plans and variance requests at the Jan. 9 meeting of the city of Madison’s Planning and Zoning Commission for the proposed Madison Promenade, but has deferred its request over TIF financing issues. The roughly 26-acre first phase is located in the northeast [...] [...]
by Associated Press Published: January 6,2012
Tags: Closing, furniture, furniture stores, retail, sale
BOONEVILLE — A downtown furniture store that has been open for 67 years in Booneville is closing. The Northeast Mississippi Daily Journal reports Dickerson Furniture began its store closing sale this week. Hugh Dickerson opened the store in 1945, originally selling furniture and appliances. However, the store has offered only furniture since the 1950s. Marshall Dickerson bought the [...] [...]
by Associated Press Published: January 3,2012
Tags: athlete, automakers, automobiles, Automotive, bankruptcy, car dealerships, Cars, lawsuit, professional athletes, retail, sports, vehicles
JACKSON — A federal judge has set a deadline for settlement negotiations in a lawsuit between Nissan Motor Acceptance Corp. and Deuce McAllister related to a car dealership the former New Orleans Saints star owned in Mississippi. U.S. Magistrate Judge Linda R. Anderson set a telephone conference for Jan. 5 and said discovery will resume immediately [...] [...]
by Associated Press Published: December 19,2011
Tags: acquisitions, food, grocers, grocery stores, mergers, retail
ACROSS MISSISSIPPI — The supermarket chain Winn-Dixie is being sold for $560 million to Bi-Lo LLC, the companies said today, creating a large grocery operator in the South. The combined company will have about 690 stores and 63,000 workers in eight states in the southern U.S. Winn-Dixie Stores Inc. will become a privately held subsidiary and [...] [...]
by MBJ Staff Published: December 15,2011
Tags: fabrics, financial statement, home decorating, loss, net income, net loss, operating loss, publicly traded company, retail, revenues, sales, sewing, stores
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 the [...] [...]
by Associated Press Published: December 8,2011
Tags: agriculture, commodities, farmers, farmers markets, farms, fuits, gorcers, grant, grants, grocery stores, municipal government, produce, retail, vegetables
OXFORD — The city of Oxford will take a second look at locating at farmers’ market next to the Park Commission’s Community Garden. The Oxford Eagle reports the board of aldermen agreed this week to put the new farmers’ market project on hold until at least next spring. A grant for $61,258 was awarded to Oxford from [...] [...]
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