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Economic Development

Galloway joins Stone County Economic Development Partnership Chamber Division

Stone County Economic Development Partnership (SCEDP) – Chamber Division, a leader in supporting and developing local businesses, headquartered in Wiggins, recently announced the addition of Shyra Galloway as Chamber Division Administrator. Galloway will be responsible for coordinating and executing small business programs, projects and serve as Chair of the Stone County Chamber Task Force. Galloway will also take lead in ...

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Downtown boutique hotel to be named Hotel Tupelo, open in December 2021

By DENNIS SEID / Daily Journal TUPELO • The four-story, 80-room boutique hotel to be built in Fairpark in downtown Tupelo has an official name: Hotel Tupelo, and it should be completed by December 2021. The name is a nod to the past, as a Hotel Tupelo once stood downtown. Its Blue Room was where the Community Development Foundation got its ...

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Shoppers are on a mission, metro retailers say

By JACK WEATHERLY Major shopping centers in metro Jackson are moving toward full reopening as the state continues to loosen the constraints imposed on businesses to contain the coronavirus pandemic. The U.S. Census Bureau said on May 15 that retail sales in the nation’s brick-and-mortar stores fell 17.8 percent in April from a year earlier due to the lockdown of ...

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Expert: Slow economic recovery for Mississippi amid virus

Mississippi can expect a long, slow economic recovery from the shock of job losses and the steep decline in commercial activity tied to the coronavirus pandemic, state economist Darrin Webb told legislators Tuesday. It was basically the same information Webb gave to Ted Carter of the Mississippi Business Journal in an early May interview. » READ MORE: Swift, deep declines ahead ...

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Walmart hires in Mississippi grow during COVID-19

By LYNN LOFTON As one of the state’s leading employers, Walmart has a total of 85 retail outlets that includes 65 super centers, three discount stores, 10 neighborhood markets and seven Sam’s Clubs in Mississippi. As of January 31, the company had 23,313 employees. No exact figures were available for Mississippi, but that number has undoubtedly grown due to the ...

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PHIL HARDWICK — Economic development Q&A

May is the month of graduations and the month that the week of economic development is recognized nationally and in Mississippi. Graduates who are considering a career in economic development often ask the questions listed below. First, what is economic development? It is the process of increasing the wealth of a community. Some definitions refine it by adding things like, ...

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Hotels treading water in Coronavirus tide

By JACK WEATHERLY Hotels across Mississippi and the nation are treading water as they wait for the Coronavirus tide to recede and the economy to fully reopen. Occupancy ranges from single digit percentages to low 20 percentages, according to two lodging associations in Mississippi. Target occupancy rates are 60 to 70 percent “at the very least” said Pat Fontaine, executive ...

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Buras named Public Works Director for Hancock County Port & Harbor Commission

The Hancock County Port and Harbor Commission recently announced that James Buras has been named Director of Public Works. In his role, he is responsible for a variety of duties to include overall responsibility for facility life cycle planning, permitting, design, engineering and construction, and maintenance of HCPHC assets. He will also manage all Port & Harbor grant programs on ...

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Mississippi businesses received $2.4 billion in first round of SBA PPP funding

By BECKY GILLETTE Mississippi District Director Small Business Administration Janita R. Stewart said here in Mississippi, about 280 in and out-of-state bank and non-bank lending institutions participation in the first round of Payroll Protection Program making 20,784 loans for $2,481,000,606 billion to Mississippi businesses and non-profits. “During round 1 of PPP, an astronomical number worth a total of 14 years ...

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