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Tag Archives: retailing

Another financial plan for proposed mall earns approval

SOUTHAVEN — A new financing plan has surfaced to pay for roads, water and sewer for a proposed outlet mall to be built in Southaven. The Commercial Appeal reports Southaven Board of Aldermen and the DeSoto County Board of Supervisors agreed last year to a $15-million tax increment financing plan to offset the costs of the public infrastructure for the ...

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Mall sale draws prospective buyers; owners asking $6.5M

JACKSON — A dozen potential buyers have expressed interest in Jackson’s Metrocenter mall since it hit the market Sept. 24. That’s according to the building’s broker. Listing price is $6.5 million. David Sewell, Metrocenter manager, tells The Clarion-Ledger day-to-day business at the 500,000-square-foot mall, which is Mississippi’s largest and once was the state’s premier shopping center, will not be interrupted. ...

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Main Street group kicks off new fundraising campaign

COLUMBUS — The Columbus Main Street organization is campaigning to raise money for economic development activities in the downtown area. The Commercial Dispatch reports the campaign — called Main Street in Motion — will take place through September. Money raised will go toward the planning of growth, diversification and preservation of the downtown historic district. Jay Jordan, a member of ...

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Council approves measures needed for construction of new mall

D’IBERVILLE — The D’Iberville City Council has approved the zoning change and variances Gulf Coast Galleria needed for the go-ahead and the developers expect to start construction of the mall in the spring. The Sun Herald reports those attending yesterday’s meeting applauded when Mayor Rusty Quave introduced the team of developers who are going to build the indoor mall along ...

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Mall tenants get termination notice; city working on relocation

GAUTIER — Tenants at Singing River Mall are scrambling for a new place to setup shop. The city of Gautier officials has sent out lease termination notices were sent out this week telling businesses they have to move out soon. One of those tenants is Phillip Henderson, who manages MaCnarb Gaming. The business hasn’t been at Singing River Mall quite ...

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Kmart to close two Coast stores in November

WAVELAND and GULFPORT — Kmart has announced that it will be closing stores in Waveland and Gulfport in south Mississippi. The closings are scheduled for mid-November. The closings mean the only remaining Kmart location in South Mississippi will be on U.S. Highway 49 in Gulfport. Company officials specifically say that location will remain open. The Gulfport location has 52 employees ...

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Delta city using tax increment financing for improvements

GREENWOOD — The city of Greenwood has devised a plan to help private developers pay for street, lighting and other improvements to the public infrastructure — tax increment financing. The Greenwood Commonwealth reports the city council approved the plan last week. TIF is a public financing method that provides communities with a means to fund redevelopment and infrastructure improvements. A ...

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Developer submits plan for one-million-square-foot mall development

D’IBERVILLE — Plans for Gulf Coast Galleria — a million-square-foot mall with restaurants, shops and a hotel along Interstate 10 — have been submitted to the D’Iberville Planning Department. Developer Robert Mandal with Ramco Development tells The Sun Herald the mall will be more than 750,000 square feet, with the hotel and other buildings adding 250,000 square feet more of ...

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C Spire unveiled new retail store prototype on Coast

GULFPORT — Ridgeland-based C Spire Wireless has opened its new 3,800-square-foot prototype retail store in Gulfport. The new store, located at 9277 Highway 49, features C Spire’s latest open floor plan design, wireless devices, feature and smart phones and accessories, as well as the company’s personalization program. The Gulfport store has a hands-on design to engage customers and provides a ...

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Cowboy Maloney's buys Persnickety Kitchens' inventory

MADISON and JACKSON — Cowboy Maloney’s Appliance, Electronics and Bedding Superstores is purchasing the appliance inventory from Persnickety Kitchens on 101 Depot Drive in Madison. Terms were not disclosed. There will be no change in the Persnickety Gifts and Accessory Shop in Madison on 2078 Main Street, according to a release from Jackson-based Cowboy Maloney’s. Con Maloney said, “With the ...

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