NAPLES A first look inside the Gulfshore Playhouse What does it take to become a candidate for Gulfshore Life’s Men and Women of the Year?
WINK NEWS Best time to shop for Black Friday Long gone are the days of people camping out overnight, waiting for their favorite store to open after Thanksgiving.
WINK NEWS Thanksgiving events across Southwest Florida Thanksgiving in Southwest Florida is a blend of tradition, offering both classic holiday gatherings and unique local events.
CAPE CORAL Caught on Camera: Social media influencer arrested for theft at Cape Coral Target The Cape Coral Police Department arrested a woman accused of stealing items worth nearly $500 from a Target.
FORT MYERS Fort Myers woman pleads guilty to possessing loaded firearm as person with felony convictions Fort Myers woman pleaded guilty to possessing a loaded firearm and ammunition as a person with felony convictions.
CAPE CORAL What’s next for Cape Coral City Council after repealing stipend? The City of Cape Coral elected five new council members Wednesday night, and their first motion was to repeal the controversial self-imposed stipend.
FORT MYERS California man pleads guilty to distributing drugs to Lee County A California man has pleaded guilty to conspiracy with the intent to distribute methamphetamine and fentanyl to Lee County.
Holiday events scheduled in Lee County throughout December It is the most wonderful time of the year, as Lee County is preparing for several Christmas and holiday-themed events in December.
FORT MYERS BEACH 34th annual American Sand Sculpting Companionship begins on Fort Myers Beach The resilience of the Southwest Florida community is on display Thursday morning in the form of sand on Fort Myers Beach.
the weather authority Decreasing humidity and mostly sunny skies for your Thursday The Weather Authority is tracking a cold front dropping humidity and temperatures on this Thursday afternoon.
The Salvation Army of Collier County launches annual toy drive The annual Toys for Tots donation drive in Collier County has officially begun, aiming to bring Christmas joy through generosity.
CAPE CORAL Cape Coral’s new council eliminates stipend on day one People in Cape Coral are getting what they voted for: the new city council members were just sworn in, and they eliminated the stipend.
LEHIGH ACRES Man arrested for fatal hit-and-run crash with motorcyclist in Lehigh Acres A man has been arrested in connection with a hit-and-run crash that killed a motorcyclist on Tuesday night.
Latest details on fatal Alligator Alley crash ; 1 killed According to the arrest report, a man told troopers he got a minivan from a pastor but did not get permission to take it out because he left in the middle of the night
Enforcing state law on street camping in Punta Gorda More than a month since the new state law banning sleeping in public places went into effect the city of Punta Gorda voted on if an ordinance change was needed.
NAPLES A first look inside the Gulfshore Playhouse What does it take to become a candidate for Gulfshore Life’s Men and Women of the Year?
WINK NEWS Best time to shop for Black Friday Long gone are the days of people camping out overnight, waiting for their favorite store to open after Thanksgiving.
WINK NEWS Thanksgiving events across Southwest Florida Thanksgiving in Southwest Florida is a blend of tradition, offering both classic holiday gatherings and unique local events.
CAPE CORAL Caught on Camera: Social media influencer arrested for theft at Cape Coral Target The Cape Coral Police Department arrested a woman accused of stealing items worth nearly $500 from a Target.
FORT MYERS Fort Myers woman pleads guilty to possessing loaded firearm as person with felony convictions Fort Myers woman pleaded guilty to possessing a loaded firearm and ammunition as a person with felony convictions.
CAPE CORAL What’s next for Cape Coral City Council after repealing stipend? The City of Cape Coral elected five new council members Wednesday night, and their first motion was to repeal the controversial self-imposed stipend.
FORT MYERS California man pleads guilty to distributing drugs to Lee County A California man has pleaded guilty to conspiracy with the intent to distribute methamphetamine and fentanyl to Lee County.
Holiday events scheduled in Lee County throughout December It is the most wonderful time of the year, as Lee County is preparing for several Christmas and holiday-themed events in December.
FORT MYERS BEACH 34th annual American Sand Sculpting Companionship begins on Fort Myers Beach The resilience of the Southwest Florida community is on display Thursday morning in the form of sand on Fort Myers Beach.
the weather authority Decreasing humidity and mostly sunny skies for your Thursday The Weather Authority is tracking a cold front dropping humidity and temperatures on this Thursday afternoon.
The Salvation Army of Collier County launches annual toy drive The annual Toys for Tots donation drive in Collier County has officially begun, aiming to bring Christmas joy through generosity.
CAPE CORAL Cape Coral’s new council eliminates stipend on day one People in Cape Coral are getting what they voted for: the new city council members were just sworn in, and they eliminated the stipend.
LEHIGH ACRES Man arrested for fatal hit-and-run crash with motorcyclist in Lehigh Acres A man has been arrested in connection with a hit-and-run crash that killed a motorcyclist on Tuesday night.
Latest details on fatal Alligator Alley crash ; 1 killed According to the arrest report, a man told troopers he got a minivan from a pastor but did not get permission to take it out because he left in the middle of the night
Enforcing state law on street camping in Punta Gorda More than a month since the new state law banning sleeping in public places went into effect the city of Punta Gorda voted on if an ordinance change was needed.
FILE – A customer exits a Dollar Tree store holding a shopping bag on Wednesday, May 11, 2022, in Jackson, Miss. Dollar Tree says it plans to close nearly 1,000 stores and moved to a surprise loss in its fiscal fourth quarter as the discount retailer took a $1.07 billion goodwill impairment charge. Shares dropped more than 7% before the market open on Wednesday, March 13, 2024. (AP Photo/Rogelio V. Solis, File) Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 stores after the discount retailer slashed the value of a rival chain it acquired almost a decade ago. Dollar Tree plans to close about 600 Family Dollar stores in the first half of this year and 370 Family Dollar and 30 Dollar Tree stores over the next several years. Dollar Tree acquired Family Dollar for more than $8 billion in 2015 after a bidding war with rival Dollar General, but it has had difficulty absorbing the chain. On Wednesday, Dollar Tree said that it would record a $950 million impairment against the trade name Family Dollar, on top of a $1.07 billion goodwill charge. Family Dollar will spend more than $594 million closing or rebranding stores, essentially erasing profits from the holiday season. “This dramatic cull is the coup de grâce in the rather botched acquisition of the Family Dollar chain, which has caused Dollar Tree nothing but hassle since it was completed back in 2015,” wrote Neil Saunders, managing director of GlobalData. “Basically, almost ten years on, Dollar Tree is still sifting through the mess it inherited and has not been able to completely turn around,” Saunders said. Saunders said in an emailed statement that nearly 12% of current Family Dollar stores will be closing over the next three years. Shares of Dollar Tree tumbled 14% at the opening bell Wednesday. For the three months ended Feb. 3, Dollar Tree lost $1.71 billion, or $7.85 per share. A year earlier the Chesapeake, Virginia, company earned $452.2 million, or $2.04 per share. Stripping out certain items, earnings were $2.55 per share, which is still short of the per-share earnings of $2.67 expected on Wall Street, according to a survey by Zacks Investment Research. Revenue climbed to $8.64 billion from $7.72 billion, a bit below Wall Street’s estimate of $8.67 billion. Dollar Tree has been attracting consumers that have been stung by inflation as they seek to cut spending. During the quarter, sales at Dollar Tree stores open at least a year climbed 6.3%, with traffic up 7.1%. While more shoppers were heading to stores, they were closely watching how much they spent, with average ticket down 0.7%. At Family Dollar, sales at stores open at least a year slipped 1.2%. Traffic edged up 0.7%, but average ticket fell 2%. For fiscal 2024, Dollar Tree anticipates earnings between $6.70 and $7.30 per share. Revenue is expected in a range of $31 billion to $32 billion. Analysts polled by FactSet expect full-year earnings of $7.04 on revenue of $31.68 billion. Dollar Tree expects first-quarter earnings of $1.33 to $1.48 per share on revenue in a range of $7.6 billion to $7.9 billion. Wall Street anticipates first-quarter earnings of $1.70 on revenue of $7.68 billion.