Business

Advocates warn of a ‘dollar store invasion.’ Researchers are still figuring out the consequences

A recent report from the Institute for Local Self Reliance laid out 17 problems with dollar stores, but some researchers said there isn’t a consensus yet.

Dollar stores are everywhere in the South. These 5 charts explain what’s behind their growth

Dollar store brands have expanded at a fast rate across the U.S. — especially in the Gulf South — over the past 15 years. Here’s what’s driving the trend.

Business Capital, Knowledge Remains Out Of Reach For Many Minority Entrepreneurs

None of the Black-owned businesses in 4th Avenue and Civil Rights commercial districts have gone out of business because of the pandemic.

First Black American To Lead Birmingham Business Alliance

Kenneth Coleman starts Monday as the new president and CEO of the Birmingham Business Alliance.

Businesses Eagerly Reopen As Others Take A Phased Approach

On the first day many businesses were allowed to reopen since the pandemic, not all opted to jump back in.

Despite Relaxed COVID-19 Restrictions, Many Plan To Stay At Home

Gov. Kay Ivey will ease coronavirus restrictions starting at 5 p.m. Thursday. Under the new rules, businesses and all retailers can reopen. So will beaches and doctors offices. Nevertheless, many people plan to stay put.

Coronavirus Scams Peddling Fake Cures And Work-At-Home Schemes On The Rise

The continued spread of the coronavirus is making people increasingly anxious. That climate of fear opens up an opportunity for online scammers.

Alabama, Business and Brexit

There’s a lot of unrest around politics in Washington right now, and it’s the same in the United Kingdom as the clock is ticking on a Brexit deal. Andrew Staunton in the UK’s representative in the American South and he visited Birmingham recently.

UAB Medical Center West to Remain Near Bessemer

Officials in west Jefferson County at a press conference Monday welcomed UAB Medical Center West’s decision to build a new facility there. Prior to that announcement, UAB also considered moving the facility to Hoover.

Mixed Response For Birmingham Horse Carriage Rides

In a few weeks, horse drawn carriages will be plodding around the streets of Birmingham, taking people around the city. The city council unanimously approved the carriage service last week. Some are excited about the new service, while others have serious concerns.

Toyota, Mazda Announce Huntsville as Site for New Plant

Mazda and Toyota announced Huntsville as the city of choice for a new manufacturing plant on Wednesday.

What Birmingham Businesses Want From City Leaders

Birmingham business leaders weigh in on what they expect from city leadership. Birmingham's municipal elections will be August 22.

New Report: Lack of Regional Cooperation Hinders Birmingham’s Growth

Birmingham Business Journal's Ty West talks about one of the biggest factors hindering Birmingham's growth, a lack of regional cooperation.

Business Community Concerned about I-20/59 Bridge Project

The I-20/59 bridge replacement project has Birmingham's business community concerned as investors and developers work to revitalize the area in and around downtown. We talk more about that in this week’s Magic City Marketplace.

Tesla to Boost Charging Sites in Alabama to 10

Tesla is known for fast electric cars with price tags that can easily reach six figures. But this summer, the company plans to produce its first mass-market model. To prepare for more Teslas on the road, the company says it’s expanding its network of charging sites in North America by 150 percent, including in Alabama.

Regions Bank Takes Steps To Be Autism-Friendly

Regions Bank recently announced efforts to make its 1,500 branches autism-friendly. It's something many businesses across the country are doing. But there isn't a one-size-fits-all approach.

How the Transgender Bathroom Bill Could Affect Business

One item soon to make its way through the Alabama Legislature is the bathroom bill. It’s officially known as the Alabama Privacy Act, and it’s believed to target transgender people. Sen. Phil Williams pre-filed the bill, which requires that an attendant be stationed inside mixed-gender bathrooms. On this week’s Magic City Marketplace, Ty West, editor of […]

McNolia’s in Five Points South Closes After 32 Years

Owner Earl Capellen explains why now is the time to walk away from the Birmingham Southside landmark in operation since 1984.

Utz Buys Golden Flake

“The South’s Original Potato Chip” will soon be a part of a company out of Pennsylvania. UTZ Quality Foods made a merger agreement, yesterday with the company that owns Golden Flake. Under the deal, Golden Enterprises will be operated as a wholly owned subsidiary of UTZ. Golden Flake says management and production of the southern […]

A Birmingham Business Mystery may be Revealed, Soon

A “good news” Birmingham business mystery may soon be revealed. The firearms business is booming. Changes in the industrial economy are impacting Alabama’s waterways and roadways. Ty West is Editor of the Birmingham Business Journal. He joins WBHM’s Scott Hanley to consider some of these latest stories in the Magic City Marketplace.

Birmingham Revitalization: Some Neighborhoods Feel Ignored by City Hall

When David VanWilliams moved to Birmingham, he was looking for a fixer-upper and fell in love with the neighborhood of Inglenook. Inglenook sits just north of the airport. Like its southern neighbors, Crestwood and Avondale, Inglenook has turn of the century brick bungalows and wide streets with sidewalks. But unlike those other neighborhoods, potholes mark the road and many houses are in disrepair. Residents don’t have the money to fix them.

Birmingham Students Show Presentation Skills, Gain Praise from Condoleezza Rice

“It’s hard to get up in front of a group and sell your ideas. And somebody among this group is really going to be a great entrepreneur,” she says. “You could see that they loved it. They are passionate about it.”

Investment in Alabama Doubled in 2015, Report Finds

A report out today from state officials shows Alabama attracted more than $7 billion in investments and added nearly 20,000 new jobs last year.

Condoleezza Rice, Gov. Bentley and Others Welcome Japanese Business Leaders to Birmingham

Japanese business leaders met Monday at the historic Alabama Theater in Birmingham with delegates from a handful of southern states for a conference aimed at strengthening cultural ties and expanding commercial opportunities.

Sports Medicine, Physical Therapy Business Booming in Birmingham

Birmingham's becoming a hub for sports medicine, and as more clinics open, providers of orthopedics and physical therapy are competing for their piece of the market. Providers are also buying real estate, creating jobs. That's where we start this week's Magic City Marketplace. Cindy Fisher Crawford is the editor of the Birmingham Business Journal.

A Snapshot of the Convention and Event Business

Birmingham did not win the 2016 Democratic National Convention. Nor has it hosted an NCAA basketball tournament game in years. But players in Birmingham's tourism and convention industry are working to keep a steady stream of events through the city. We have a snapshot of that industry in this week's Magic City Marketplace.

Magic City Marketplace: A Long Time Coming

Much has been written about the investment and nightlife along Second Avenue North in Birmingham as a sign of the city center's rising fortune. But the area's comeback isn't just a post-recession story. And it's one economic development leaders hope isn't done. We talk about that in this week's Magic City Marketplace.

Magic City Marketplace: Hospitals Set to Merge

Hospitals around Birmingham are preparing for a major shift in the healthcare marketplace -- the proposed merger of Baptist Health System and Brookwood Medical Center. That deal could close as soon as next month and would combine two big players in Birmingham healthcare. Thats where we start in this week's Magic City Marketplace.

Magic City Marketplace: Birmingham Job Market

Birmingham's unemployment rate is at its lowest point since the recession and about 5,000 jobs were added last year. That's good news. But the shiny headlines are tempered by the fact that Birmingham job growth is slower than other southeastern cities. We talk about that in this week's Magic City Marketplace.

Magic City Marketplace: Gay Marriage and the Workplace

It's now been one week since same-sex couples could get marriage licenses in Alabama. Most counties are now following a federal judges' ruling overturning the state's ban on gay marriage and the decision could also affect employers. We talk about that in this week's Magic City Marketplace.

Magic City Marketplace: Free College Tuition

President Obama cast a spotlight on community colleges when he announced a plan last month to offer free at such institutions. It's a plan that could have significant effect on Alabama as the state tries to make its 2-year college system a bigger educational and economic player. We talk about it in this week's Magic City Marketplace.