News

Declining revenue batters many Mississippi casinos

JACKSON, Mississippi (AP) — Month after month, Mississippi’s casinos are winning less from gamblers.

Some months, such as August, see a blip, and revenue rises a little. But those are exceptions. After hitting nearly $2.9 billion in 2007, revenue fell 22 percent to $2.25 billion in 2012. And the take is on track to dip another $100 million in 2013, state figures show… […]

Business

Sears store closing in Gautier

The Sears and Sears Auto Center in Gautier will be closed for good in mid-October.

Howard Riefs, director of corporate communications with Sears Corporation, said in a press release received by The Sun Herald the store will begin a liquidation sale July 26.

Riefs says the 71 employees will have an opportunity to apply at other Sears and Kmart stores in the area.

He says store closures are part of a series of actions the company is taking to reduce ongoing expenses. […]