Retail

Dollar General Starts Bidding War For Family Dollar

Aug 18, 2014
Jennifer Lang / WFAE

A bidding war is underway to buy Matthews-based retail discounter Family Dollar. A few weeks ago, Dollar Tree agreed to an $8.5 billion deal with Family Dollar.

On Monday, Dollar General CEO says his company is willing to pay $9.7 billion. Plus a $300 million break-up fee for Family Dollar to renege on its merger agreement. 


Jason E. Miczek

The EpiCentre in Uptown Charlotte has a new owner. The Los Angeles-based CIM Group acquired the mixed-use development for a reported $130.5 million.


Soon you'll be able to shop for books, shoes, video games – and health insurance – all in the same shopping center. Blue Cross Blue Shield of North Carolina is opening retail stores in a handful of strip malls.


Belk Boosting HQ Headcount 10%

Dec 7, 2012
Belk

Belk is boosting employment at its Charlotte headquarters by about 10 percent thanks to the popularity of online shopping. 

The 150 jobs Belk plans to add at its corporate headquarters are "management-level" and focused mainly on e-commerce, says spokeswoman Jessica Graham.

"Our online site, Belk.com has been growing tremendously - it's the fastest growing area of our business right now," says Graham.