Retail

Business
4:35 pm
Mon August 18, 2014

Dollar General Starts Bidding War For Family Dollar

Family Dollar's headquarters in Matthews.
Credit 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. 


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Local News
4:20 pm
Tue May 13, 2014

EpiCentre Sold To Calif.-Based Real Estate Group

Credit 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.


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Local News
3:11 pm
Fri December 7, 2012

Belk Boosting HQ Headcount 10%

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.

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