FERGUSON, Mo. (KMOX) KMOX News this week is taking a look at how much financial support has been promised to Ferguson, Dellwood, and surrounding communities in response to last years Ferguson unrest and cries for change.

In the last year, hundreds of millions of dollars in business investments have been promised to aid growth, plus millions more have been pledged for social programs.

KMOX added numbers provided by organizations taking the lead in recovery efforts.

One year later, we have $480 million in new investment and nearly 1,000 new jobs, says Sheila Sweeney, interim CEO of the St. Louis Economic Development Partnership, speaking about development planned in the next year.

That total includes the Centene Corporations new claims processing center under construction and its 200 future jobs.

Ferguson: One Year After the Death of Michael Brown

Schnucks plans a $100 million distribution center in North St. Louis County. Industrial manufacturer SKF plans a $55 million expansion in NorthPark near Lambert Airport. Plus, Boeing has announced a $300 million expansion that includes 700 new positions.

KMOX has counted more than $15 million in donations and grants from corporations, foundations, government agencies and individuals to some of the largest relief and recovery efforts.

More than $1 million was spent in the earliest weeks of Ferguson unrest by agencies like United Way and the Reinvest North County Fund, helping displaced families get food and other services, getting children back to school, and helping small businesses that suffered damage stay afloat.

Since then, funding efforts have largely focused on youth programs, with the bulk of charitable giving and federal grants focused on job training and career placement. That includes a $5 million Department of Labor grant and the Urban Leagues Save Our Sons program.

KMOX will look at these programs in greater depth this week.

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Wall Streets Best Minds Cut Through Clutter of Alternative Investments AllianceBernstein has a method to help investors sort through a complicated corner of investing.

Venture capital firm SierraMaya360 is making its first investments in Charlotte companies. The firm is also moving its offices to the NC Music Factory later this month.

The early-stage VC firm is investing up to $5 million over five years in BrewPublik, a craft beer delivery service and up to $1 million over three years in Industry, a co-working space for entrepreneurs.



Increased investments in marketing helped footwear manufacturer Crocs Inc. blaze a trail to double-digit increases in global traffic and e-commerce sales in two of three markets.

Crocs, No. 240 in the Internet Retailer 2015 Top 500 Guide, reported overall online sales of $37.7 million in Q2 2015, up 21.2% from $31.1 million during the same period last year, with traffic to all of the companys web properties growing 20% year over year. Keying that growth was a sharp uptick in sales in the Asia Pacific region, where online sales jumped to $10.835 million, up 49.2% from $7.260 million during the same period last year.

In the Americas, online sales grew to $19.560 million, up 28.4% from $15.231 million during the same period last year. Online sales gains globally and domestically represent a change in e-commerce fortunes for Crocs from the first quarter, when overall sales fell 11.7% globally and 4.0% domestically.

In our six core markets our e-commerce benefitted most directly from our investment in marketing, Crocs president Andrew Rees told analysts on the companys earnings call, according to a transcript obtained from Seeking Alpha.

Q2 e-commerce results, which can be attributed to our improved marketing as well as operational improvements in our online customer experience and in stock position, tell us were making the right moves from a marketing perspective, added CEO Gregg Ribatt.

For the second quarter ended June 30, Crocs reported:

  • Retail sales in the Americas of $58.309 million, down 3.8% from $60.622 million during the same period last year.
  • Overall retail sales of $118.729 million, down 13.5% from $137.218 million during the same period last year.
  • Total revenue of $345.671 million, down 8.3% from $376.920 million during the same period last year.
  • Net income of $13.4 million, compared with $23.3 million during the same period last year.

For the first six months of fiscal 2015, Crocs reported:

  • Online sales in the Americas of $29.536 million, up 15.4% from $25.595million during the same period last year.
  • Global online sales of $55.004 million, up 8.6% from $50.664 million during the same period last year.
  • Total revenues of $607.864 million, down 11.8% from $689.349 million during the same period last year.
  • Net income of $11.0 million compared to $32.4 million during the same period last year.