Business
Victoria’s Secret moves across the street in Birkdale Village
June 30. Victoria’s Secret is now open at its new location at Birkdale Common Parkway and Townley Road, next to Fink’s Jeweler. The move is part of a process to get the retail stores in the best space for their needs. LuLulemon will move into the old Victoria’s Secret spot for the bigger space. Victoria’s […]
Apple store coming to Birkdale Village
June 23. [Updated] Apple Insider, an online publication, and Bloomberg, the international financial and media company, have reported that Apple will open a store in Birkdale Village. Meanwhile, contractors have pulled permits for the new store which will open early next year Officials at North American Properties, the owners of Birkdale Village would not comment. […]
Coffee-preneur opening 14th store in South End
June 20. Waterbean Coffee, the region’s largest locally owned specialty coffee shop, is opening its 14th store in the Charlotte region. Owner Tony Vo has already opened three locations this year. The new South End location at 1415 Vantage Park has the Uptown skyline as a backdrop. And, yes, there will be pastries. Vo, who […]
NC lands top honors for economic development—again
June 19. North Carolina has received Area Development magazine’s 2023 Platinum Shovel Award which recognizes states that went above and beyond the gold standard for investment and job creation. This is the second year in a row the state has received this honor, sharing the inaugural award in 2022 with Tennessee. North Carolina is the […]
NC jobless rate stays at 3.4%, lower than US
June 19. North Carolina’s unemployment rate stayed under the national rate in May, or 3.4 percent here, vs. 3.7 percent jobless nationwide. The state’s seasonally adjusted unemployment rate was was unchanged from April, while the national rate rose.3 percent. North Carolina’s unemployment rate was unchanged from a year ago. The number of people employed increased […]
NC ranks 24th among most racially equitable state economies
June 15. North Carolina scores right in the middle of a survey of State Economies with the Most Racial Equality, according to a new study from WalletHub. A recent study found that only 7 percent of managerial positions and 4-5 percent of senior managerial positions belong to black Americans, even though that demographic makes up […]
Restricting college tenure could hurt state economies
June 13. By Stephen Elliott | NC Newsline. North Carolina is among the states in which proposals to end academic tenure for university professors have been advanced. Daniel Brinks, who chairs the government department at the University of Texas at Austin, doesn’t usually have a tough time recruiting professors. After all, UT is one of […]
New development faces challenges in slow-growth era
NEWSMAKERS BREAKFAST | JUNE 22 Three Lake Norman leaders—a developer, a former Huntersville mayor and a sitting town commissioner in Cornelius—will discuss the state of development amidst the current climate in and around Lake Norman at a Newsmakers Breakfast June 22 at The Peninsula Club. The event features: John Aneralla, former mayor of Huntersville Colin Furcht, a current […]
Downtown Mooresville: More than $12.7 million invested over two years
June 12. More than $12.7 million in private investment has been pumped into downtown Mooresville during the past two years, according to Kim Saragoni. Mooresville Downtown Commission (MDC) board chairman. The 501(c)(4) organization, a Nationally Accredited Main Street America program for the second year in a row, takes a preservation-based approach to economic development and […]
Alexander Farm getting back on track
June 9. By Dave Vieser. One month ago, the headline read as follows: “Stalled for a while due to permits, work at Alexander Farms will resume“ For those traveling by the intersection of West Catawba Avenue and Westmoreland Road in Cornelius, the definition of “will resume” may seem a bit puzzling these days since nothing […]
