Business Briefs for March 25, 2008
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EBR retail spending reaches $579 million
Retail spending figures were mixed in January, though East Baton Rouge Parish managed to post an overall gain of 1.3 percent from one year ago.
Figures compiled by the city-parish Department of Finance show parishwide retail spending totaled $579.7 million in January, compared to $572.4 million one year ago.
Within city limits, however, spending fell 3.9 percent from the year-ago period to $336.1 million. But the loss was offset by gains in unincorporated areas, where spending jumped 9.4 percent to $243.7 million.
Ga. company selling PJ’s Coffee interests
NEW ORLEANS — Raving Brands, of Atlanta, has agreed to sell its interests in PJ’s Coffee, a privately owned franchise chain and roaster, to the Ballard family and their partners.
The new owners say they intend to bring the chain’s headquarters back to New Orleans and focus on the Southeast.
“We’re going to make it a more regional brand throughout the Gulf South,” said Paul Ballard, a partner of New Orleans Roast LLC. and New Orleans Brew LLC., the companies buying PJ’s.
There are 48 PJ’s coffee shops throughout the nation, but the majority are in the New Orleans area.
Northrop Grumman adding jobs in state
TALLULAH — Northrop Grumman Ship Systems is adding 50 jobs to its Madison Parish Port operation and is considering an expansion that could double its work force.
Northrop Grumman already employs 112 at the Madison Parish Port, up from 70 a year and a half ago.
Retail spending figures were mixed in January, though East Baton Rouge Parish managed to post an overall gain of 1.3 percent from one year ago.
Figures compiled by the city-parish Department of Finance show parishwide retail spending totaled $579.7 million in January, compared to $572.4 million one year ago.
Within city limits, however, spending fell 3.9 percent from the year-ago period to $336.1 million. But the loss was offset by gains in unincorporated areas, where spending jumped 9.4 percent to $243.7 million.
Ga. company selling PJ’s Coffee interests
NEW ORLEANS — Raving Brands, of Atlanta, has agreed to sell its interests in PJ’s Coffee, a privately owned franchise chain and roaster, to the Ballard family and their partners.
The new owners say they intend to bring the chain’s headquarters back to New Orleans and focus on the Southeast.
“We’re going to make it a more regional brand throughout the Gulf South,” said Paul Ballard, a partner of New Orleans Roast LLC. and New Orleans Brew LLC., the companies buying PJ’s.
There are 48 PJ’s coffee shops throughout the nation, but the majority are in the New Orleans area.
Northrop Grumman adding jobs in state
TALLULAH — Northrop Grumman Ship Systems is adding 50 jobs to its Madison Parish Port operation and is considering an expansion that could double its work force.
Northrop Grumman already employs 112 at the Madison Parish Port, up from 70 a year and a half ago.
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