A new chapter begins for Peterson’s in downtown Vicksburg

Published 4:01 pm Thursday, July 6, 2023

Peterson’s is a mainstay in downtown Vicksburg.

Bobbie Marascalco, owner and Vicksburg native, opened the business, which carries “a little bit of everything,” more than 20 years ago.

After being in retail for two decades, Marascalco has made the decision to retire, but not before selling the business to another Vicksburg native: Lauren Fordice Waring. Waring became the official owner of Peterson’s on June 30.

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Waring is no stranger to retail. She worked at Albriton’s Jewelry, located in Jackson, for six years, the last two of which she commuted from Vicksburg.

It was during those two years, Waring said, that Marascalco began putting the bug in her ear about buying Peterson’s.

“Every time I’d come in here, (to Peterson’s) Bobbie would say, ‘When you are ready to stop driving, call me, come see me,’” Waring said.

After her second child was born, Waring said she became tired of commuting.

“I came in and I said, ‘OK, I can’t drive anymore, so I’m ready,’” she said.

However, before actually buying the business, Waring said Marascalco suggested she work there for a year to “get the feel” of the business.

During that time, Waring began expanding the shop’s children’s clothing line.

She said she plans to continue expanding the children’s clothing portion of the shop as well as bringing in more accessories geared for young children.

And while she plans to grow this aspect of the business, Waring said, the overall feel of Peterson’s will not change, nor will its name.

“Bobbie always said there was not a method to what she decided to sell at Peterson’s, but what she has works,” Fordice said. “So I’m lucky to come in and take that at just my little stamp on it and change it up a little.”

Marascalco said it was a “no-brainer” to sell Peterson’s to Waring.

“She has worked retail for years and has been working here for over a year. She is now ready to take Peterson’s to a new level,” Marascalco said.

About Terri Cowart Frazier

Terri Frazier was born in Cleveland. Shortly afterward, the family moved to Vicksburg. She is a part-time reporter at The Vicksburg Post and is the editor of the Vicksburg Living Magazine, which has been awarded First Place by the Mississippi Press Association. She has also been the recipient of a First Place award in the MPA’s Better Newspaper Contest’s editorial division for the “Best Feature Story.”

Terri graduated from Warren Central High School and Mississippi State University where she received a bachelor’s degree in communications with an emphasis in public relations.

Prior to coming to work at The Post a little more than 10 years ago, she did some freelancing at the Jackson Free Press. But for most of her life, she enjoyed being a full-time stay at home mom.

Terri is a member of the Crawford Street United Methodist Church. She is a lifetime member of the Vicksburg Junior Auxiliary and is a past member of the Sampler Antique Club and Town and Country Garden Club. She is married to Dr. Walter Frazier.

“From staying informed with local governmental issues to hearing the stories of its people, a hometown newspaper is vital to a community. I have felt privileged to be part of a dedicated team at The Post throughout my tenure and hope that with theirs and with local support, I will be able to continue to grow and hone in on my skills as I help share the stories in Vicksburg. When asked what I like most about my job, my answer is always ‘the people.’

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