SC Business Trends

Charming Charleston Faces Economic Hurdles: Tax Changes Ahead

News Summary Charleston's economy is facing stagnation with a labor participation rate of 57.6%. While unemployment dipped slightly to 4.2%,…

3 days ago

Raleigh Crowned America’s Top Large City for 2025

News Summary Raleigh, North Carolina, has been named the best-performing large city in the U.S. for 2025, according to the…

1 week ago

Summerville’s SpokeWorks Owner Named Small Business Champion

News Summary Michael Haldeman, from SpokeWorks Bicycle Workshop in Summerville, has been awarded South Carolina's State Small Business Person of…

1 week ago

Party City Closing All U.S. Stores Amid Bankruptcy

News Summary Party City has announced the closure of all 850 stores in the U.S., affecting thousands of employees and…

3 weeks ago

Spartanburg Sees Surge in Tourism Growth

News Summary The tourism industry in Spartanburg, SC, is thriving, contributing over $29 billion annually to the state's economy, marking…

1 month ago

Denholtz Acquires 20/21 Business Center in Columbia, SC

News Summary Denholtz, a New Jersey-based investment firm, has acquired the 20/21 Business Center in Columbia, South Carolina. This 98,386…

1 month ago

North Carolina Ranks Second Best State for Business in 2024

News Summary North Carolina has been named the second-best state for business in 2024 by Site Selection magazine, coming in…

1 month ago

Duke Energy Appoints Harry Sideris as New CEO

News Summary Duke Energy has announced the appointment of Harry Sideris as its new CEO, effective April 1, 2025. Sideris…

2 months ago

Charleston Welcomes Business & Brews Event with Lt. Gov. Evette

News Summary On March 13, Charleston will host the highly anticipated Business & Brews event featuring Lt. Gov. Pamela Evette.…

2 months ago

JOANN Stores in South Carolina to Close Amid Nationwide Cuts

News Summary JOANN, the popular fabric and crafts retailer, has announced the closure of five stores in South Carolina as…

2 months ago