Chesapeake Local Business
11 hrs ago | via Business Journal
Dollar Tree Inc. says it will divest 330 Family Dollar stores to gain Federal Trade Commission approval of the discount retailers' proposed merger. Dollar Tree had expected to close this month on its acquisition of Matthews-based Family Dollar Stores Inc. , but the deal still has not won FTC approval. Comment?
20 hrs ago | via WAVY-TV Portsmouth
The business owner, Paul Drake, said he's not sure if the problems stem from a personal vendetta against his business or if it's just a post office facility that's not keeping things on track. Either way, he said the post office on North Battlefield Boulevard hasn't been much help. Comment?
Yesterday | via TheStreet.com
However, the stock rapidly recovered, and was up 2.9% to $78.45 at around 1 p.m. The dollar store chain is awaiting regulatory approval on its deal to buy Family Dollar The retailer plans to sell around 330 Family Dollar stores in order to get the green light from the Federal Trade Commission for its $8.5 billion takeover plan. Dollar Tree, headquartered in Chesapeake, Va., posted earnings of $0.71 per share, coming in below analysts estimates of $0.74 per share. Comment?
Yesterday | via Hampton Roads Daily Press
Family Dollar's board rejected a $9.1-billion takeover offer from Dollar General, citing antitrust concerns. Above, a Family Dollar store in Ridgeland, Miss. Comment?
Yesterday | via PR.com
The ASP designation is an investment that will start you off in the right direction toward operating a successful Home Staging business. Visit StagedHomes.com, email ASPcourses@StagedHomes.com, or call 800-392-7161. Comment?
Tuesday May 19 | via The Virginian-Pilot
The store at 550 First Colonial Road in the Hilltop Square Shopping Center will shut its doors in late July. A liquidation sale is under way. Comment?
Wednesday May 13 | via GlobeNewswire
Monarch Financial Holdings, Inc. , the holding company for Monarch Bank, announced a 12.5% increase in the quarterly common stock cash dividend at its annual shareholders meeting held on May 12, 2015. The Board of Directors declared a quarterly cash dividend of $0.09 per common share, payable on June 12, 2015, to shareholders of record on May 25, 2015. Comment?
Sunday May 10 | via Hampton Roads Daily Press
The Everest College campuses in Newport News and Chesapeake aren't part of a nationwide for-profit school shutdown because they were sold in February and converted to nonprofit institutions. Corinthian Colleges Inc., which was the previous owner of the local Everest College campuses, filed for Chapter 11 bankruptcy protection Monday after shutting down its remaining 28 college campuses the week before. Comment?
Thursday May 7 | via Hampton Roads Daily Press
Home sales in Hampton Roads and across the state are showing signs of continued growth and strength - signs that region's housing market is climbing out from the depths of the Great Recession. Realtors in Virginia sold 19,298 homes during the first quarter of 2015, according to a recent report by the Virginia Association of Realtors. Comment?
Sunday May 3 | via WTKR-TV Norfolk
Through the St. Jude Dream Home Giveaway, more than $1.3 million was raised for St. Jude Children's Research Hospital. The lucky new owner of the home in Chesapeake is Jean Blanchard from Virginia Beach. Comment?
Friday May 1 | via Hampton Roads Daily Press
Chesapeake-based Monarch Bank plans to open its Peninsula headquarters at Newport News Tech Center early next year, CEO Brad E. Schwartz said. Monarch, which has offices near Williamsburg in New Town, plans to open a full-service banking branch and mortgage office in 8,000 square feet of an office building under construction near Whole Foods, the company announced last year. Comment?
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