Economy

Economy

Cape Girardeau Radio Shack In First Wave Of Closures

Feb 10, 2015
Jacob McCleland / KRCU

The Radio Shack in Cape Girardeau’s West Park Mall will be among the first to close its doors after the electronics retailer filed for Chapter 11 bankruptcy last week.

The Cape Girardeau store is now holding a “going-out-of-business” sale and will be in the first wave of 162 stores to close by February 17. The company plans to close at least 1,784 stores by March 31.

Cherie Henson,a shopper at West Park Mall, said she’s sad to see the store close and remembers the times she would go there when her children were young.

Jacob McCleland / KRCU

A new Wal-Mart Neighborhood Market is opening in Cape Girardeau on Wednesday, Jan. 28.The store is located at 2021 Independence St. and will feature a bakery, a self-serve deli and a drive-thru pharmacy. It will be open 24 hours a day, seven days a week. 

“The Wal-Mart Neighborhood Market is all about providing customers an affordable grocery option close to where they live or work,” said store manager James Dodd. “We offer customers similar offerings that Supercenter does, but an easier way to get in and out, saving customers time and money.”

When Dave Peacock stepped before a crush of reporters at Union Station last week, his main purpose was to showcase the potential of a new football stadium on St Louis’ riverfront. 

Part of his pitch was economic, which is a typical tactic to gather support for expensive sports facilities. After all, a new stadium could lead to thousands of construction jobs and continued business for surrounding bars and restaurants.

But for Peacock, there were more intangible reasons for the city to pursue the project — something beyond just dollars and cents.

Updated at 4:30 p.m.

A 64,000-seat open-air NFL stadium constructed on St. Louis' riverfront could be the new home of the Rams -- or another NFL team -- by 2020, according to preliminary plans announced Friday.

"There is not enough people working in jobs that are allowing them to be self-sufficient," says Nancy Jernigan, Executive Director of the United Way of Southeast Missouri. She sat down with KRCU's Dan Woods and said that jobs is the biggest challenge facing the Southeast Missouri community. She noted that things cost more than they used to and many people are struggling to make ends meet. To combat this, education and training to acquire employment for those that want it are critical. That will allow people to stand on their own and not be dependent on government programs.

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