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Wilmington City Council receives update on Project Grace

Wilmington City Council members got an update about the Project Grace development from New Hanover County staff at an agenda briefing Monday morning.
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Gap to split into 2, with Old Navy gaining independence

The retailer said Thursday that it's creating two independent publicly traded companies — low-priced juggernaut Old Navy and a yet-to-be named company, which will consist of the iconic Gap brand, Athleta, Banana Republic as well as the lesser known names Athleta, Intermix and Hill City.

Target, Vineyard Vines team up for limited-edition summer line

Target is teaming up with Vineyard Vines for a limited-edition, 300-piece collection set to hit stores just in time for summer.
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Carolina Beach welcomes new town manager, talks fund balance at workshop

The new Carolina Beach town manager says he's ready to get to work. Town Council welcomed Lucky Narain at a workshop Tuesday morning.

Gulfstream Restaurant to open in Wrightsville Beach

An iconic Carolina Beach restaurant will be opening up another shop in the area soon.

Payless ShoeSource to shutter all of its remaining US stores

Paylesss ShoeSource is shuttering all of its 2,100 remaining stores in the U.S. and Puerto Rico, joining a list of iconic names like Toys R Us and Bon-Ton that have been shuttered in the last year.

North Carolina revenue forecast sees slight uptick

Top economists at the General Assembly and for Gov. Roy Cooper expect a slightly higher uptick in North Carolina government tax collections as they build out the next state budget.
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Amazon dumps New York City as new headquarters site

Amazon will not build a new headquarters in New York City, a stunning reversal to an ambitious plan that would have brought an estimated 25,000 jobs to the city.

Humbug holidays: US retail sales drop 1.2 pct. in December

U.S. retail sales fell in December, posting the biggest drop since September 2009 and delivering more evidence that last year's holiday sales fizzled unexpectedly. Even e-commerce suffered a big setback.

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