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Dollar Tree considers selling or spinning off Family Dollar
Chesapeake-based Fortune 500 discount retailer Dollar Tree is considering selling or spinning off its Family Dollar brand, which it acquired in 2015 for $8.5 billion. “Dollar Tree has been on a multiyear journey to help the company fully achieve its potential,” CEO and Chairman Rick Dreiling said in a statement Wednesday. �[...]
Clark Nexsen contributes to SEALs D-Day monument
Eighty years after the June 6, 1944, Allied invasion of Normandy, France, a Virginia company and other contractors gathered there to unveil a monument honoring the World War II predecessors of the Navy SEALs and special boat crews. The Navy SEAL Museum San Diego, a museum opening late this year and a sister institution to [&hell[...]
Dominion closes sale of Utah gas utility for $4.3B
Richmond-based Fortune 500 utility Dominion Energy has closed on its $4.3 billion sale of subsidiaries Questar Gas and Wexpro to Canadian pipeline and energy company Enbridge, Dominion announced Monday. Salt Lake City, Utah-based natural gas utility Questar serves more than 1.2 million customers in Utah, Wyoming and Idaho. Wexpr[...]
Norfolk property management firm promotes president, principal broker
John Chandler has been promoted to president and principal broker of Berkshire Hathaway HomeServices RW Towne Property Management, the Norfolk-based real estate firm announced Wednesday. Chandler was previously director of facilities and compliance for Berkshire Hathaway HomeServices RW Towne Realty and chief operating officer o[...]
40 acres in Spotsylvania sell for $6.36M
Close to 40 acres in Spotsylvania County sold for $6.36 million, according to a May 29 news release from Cushman & Wakefield | Thalhimer. WorkSpace Property Group purchased 39.8 acres at 0 Northeast Drive from Cosner Industrial Park for future industrial development. WorkSpace Property Group is registered to an address in Gr[...]
Richmond region scores in sports tourism
With several new and expanded facilities across the region, the greater Richmond area has become an attractive hub for amateur sporting events, bringing in hundreds of thousands of visitors and millions of dollars in added revenue. The region’s amateur sports tourism generated $88.7 million in hospitality-related revenue i[...]
New South Boston program trains clinical medical assistants
Pretty much as soon as she heard about it, Ravin Townes enrolled in the new certified clinical medical assistant training program, which launched in March through a collaboration between Danville Community College and South Boston’s Southern Virginia Higher Education Center (SVHEC). Currently employed as a certified nursin[...]
Artspace plans Roanoke artist housing community
Roanoke developer Ed Walker first tried to lure Artspace, a Minnesota-based nonprofit real estate developer for the arts, to Roanoke for an early 2000s redevelopment project, but Artspace essentially ghosted him. “It’s very, very, very, very difficult to get Artspace’s attention and to get them interested in [...]
Wise County tech park is growing
Progress continues on the Wise County Industrial Development Authority’s 200-acre Elam Farm industrial site in Wise County, which will expand an existing technology park. With help from various sources, including a total of $1 million from the Virginia Coalfield Economic Development Authority, the project so far has receiv[...]
Jefferson Lab scientists to study water treatment methods
Jefferson Lab, the Newport News-based Thomas Jefferson National Accelerator Facility known worldwide for its highly scientific research, is now looking to take on solutions to everyday problems, starting with eliminating harmful chemicals in drinking water. Jefferson Lab researchers use high-energy electron beams to study the bu[...]
The retail experience
Twisted Branch Tea Bazaar on Charlottesville’s Downtown Mall entertains its Tea Club members with monthly tastings, while nearby New Dominion Bookshop offers story times and “Friday Night Writes,” an event featuring emerging writers. And about a mile north at McIntire Plaza, outdoor gear and clothing consignment shop H[...]
Winchester region sees state’s biggest population growth
Since 2020, Winchester has gained traction as Virginia’s fastest-growing metro area due to an outflow of remote workers from the Washington, D.C., region to the exurbs. That’s squeezing the local housing market and boosting prices — as well as causing worry among the region’s leaders. “Living in Winchester [...]
