by Associated Press Published: March 29,2012
Tags: acquisitions, convenience stores, food, gas, gasoline, groceries, marts, mergers, Oil, petroleum, retail, stores
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 [...] [...]
by Associated Press Published: February 28,2012
Tags: downtown, infrastructure, merchants, retail, retailers, roadbuilders, roadbuilding, roads, sales, state agency, state government, stores, streets
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 [...] [...]
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 [...] [...]
by Associated Press Published: November 1,2011
Tags: blighted properties, brownfields, commercial property, Commercial Real Estate, community development, downtown, downtown development, economic development, Main Street, Mississippi Economic Development Council Inc., real estate, retail, stores, tourism, vacant property
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, [...] [...]
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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