Business

Business & Finance stories related to Southern Middle Tennessee

JC Penny Remains Open in Tullahoma, but will Close in McMinnville

JC Penney has announced that it will close 154 stores, including the McMinnville store at the Three Star Mall. As of Thursday, JC Penney had reopened 500 locations including Tullahoma. As of now, the Northgate Mall store will remain open.  More store closing could be announced in the coming weeks.

United Way of Highway 55 Announces its 2020-2021 Local Nonprofit Partners

United Way of Highway 55 on Wednesday announced the funding of sixteen local nonprofits. On May 26th, United Way of Highway 55 allocations team, made up of local community and Board members, reviewed applications and conducted interviews with each agency. The sixteen nonprofit partners are located and/or serve in Coffee, Moore, and Warren Counties. The …

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Manchester/Tullahoma Top 10 Micropolitan Entrepreneurial Ecosystems

An analysis from Heartland Forward, a new think tank, identified 20 top entrepreneurial ecosystems across America based on the share of employment by small firms, and the number of college-educated employees in those firms. One of those micropolitan areas is in Middle Tennessee, Tullahoma and Manchester in Coffee County. The Heartland Forward analysis also found …

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Tennessee Offers New Relief Program for Small Businesses

Gov. Bill Lee announced a new relief program Tuesday for small businesses affected by the COVID-19 pandemic. The Tennessee Business Relief Program will direct approximately $200 million in federal coronavirus relief funding through the Department of Revenue to small businesses that qualify. The program awards will be based on the annual gross sales of the …

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AEDC Return to Full Capacity Phased Approach begins June 1

AEDC leadership has developed a plan to return to full capacity based on a 4-phased approach that:• Is based on up-to-date data and readiness• Mitigates risk of resurgence• Protects the most vulnerable• Is implementable installation-wide or GSU basis at the AEDC Commander’s discretion If COVID-19 trend data in Bedford, Coffee, Franklin and Grundy counties continue …

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Numbers Continue to Go Up for those Seeking Unemployment Benefits

More than 532,000 new unemployment claims have been filed in Tennessee since mid-March, according to data released Thursday morning by the Tennessee Department of Labor and Workforce. The department reported the number of new claims for the week ending May 16 was 28,692. The number of continued unemployment claims in Tennessee was 314,487 for the …

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Updated Guidelines for Restaurants and Non-Contact Attractions and Venues

The updated guidelines from Gov. Lee enables restaurants and retail to increase capacity as long as social distancing protocols remain in place. Restaurants should continue to space tables 6 feet apart or install physical barriers where adequate separation isn’t possible. Bars remain closed unless used for seated, in-restaurant dining where there are 6 feet of …

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