Winn-Dixie to Close Fultondale Store as Part of Restructuring
News Summary Winn-Dixie has announced the closure of its Fultondale store as part of Southeastern Grocers’ strategy to divest locations for long-term growth. This decision follows earlier closures in Alabama and comes amid Aldi’s acquisition of the company. Only two stores will remain in the Birmingham area, and additional locations are set to transition to […]
Alabama Ranks 8th Among Nation’s Top States for Doing Business
News Summary Alabama has secured the 8th position in the 2025 Top States for Doing Business ranking by Area Development magazine, showcasing its business-friendly environment. The state excels in various categories, including Favorable Property Tax and overall cost of doing business. Alabama’s commitment to attracting corporate investments is reflected in recent capital investments and strategic […]
Local Business Owner Thrives After Pitch Competition Win
News Summary Emondre Johnson, owner of The Bark Park, has seen significant growth in his dog care business following his victory at the Birmingham Small Business Week Pitch Competition in 2023. The competition has provided him with vital resources and increased visibility, which has allowed him to offer a variety of services for dogs, including […]
Alabama Ranks Eighth in Business Competitiveness
News Summary Alabama has been ranked as the eighth-best state for business in the 2025 Top States for Doing Business report by Area Development magazine. This ranking highlights the state’s strong economic foundations and favorable business climate. Alabama excelled in several categories such as Overall Cost of Doing Business and Business Incentive Programs while maintaining […]
Alabama Business Hall of Fame Inductees Announced
News Summary The Alabama Business Hall of Fame will welcome six new inductees during an annual ceremony in Birmingham. This event honors significant contributors to Alabama’s business sector. The inductees include leaders from various industries who have demonstrated exceptional leadership and commitment to community service. The ceremony, organized by the Culverhouse College of Business, celebrates […]
First Bank of Alabama Named Finalist for Small Business Award
News Summary First Bank of Alabama has been recognized as a finalist for the Alabama Small Business of the Year Awards, nominated by the Sylacauga Chamber of Commerce. Competing in the 51-100 Employees category, the bank stands out for its commitment to community engagement and economic impact. The awards ceremony will take place on November […]
Goldman Sachs Launches $100 Million Initiative for Small Businesses in Alabama
News Summary Goldman Sachs has introduced a $100 million initiative to support rural small businesses in Alabama. Announced at a Birmingham event, this program extends the 10,000 Small Businesses framework, offering vital resources including loans and business training. Bipartisan backing was evident with commitments from local lawmakers to enhance tax incentives and reduce regulatory burdens. […]
Orlando Named Best City in the U.S. for Starting a Business
News Summary In WalletHub’s 2025 rankings, Orlando, Florida has been recognized as the top U.S. city for launching new businesses, with Tampa and Austin following closely behind. The study evaluated 100 cities based on factors critical to small business success, including costs, environment, and access to resources. With a high small business growth rate and […]
Orlando Named Top City for Entrepreneurs in the U.S.
News Summary A recent study by WalletHub has ranked Orlando, Florida, as the best city in the United States for entrepreneurs, due to its low costs, ample resources, and supportive business climate. The city outpaced others with high small business growth rates and access to investors. Tampa and Austin followed in the rankings, each offering […]
Performance Drone Works Launches New Drone Manufacturing Facility
News Summary Performance Drone Works has opened its state-of-the-art manufacturing facility, Drone Factory 01, in Huntsville, Alabama. This 90,000-square-foot facility aims to produce 60,000 drones annually, addressing the critical reliance on foreign-made drones by law enforcement. With plans to hire over 500 workers and an estimated $81 million economic impact, PDW seeks to bolster America’s […]