Charlotte Technical College breaks ground on aviation facilityMan arrested in connection with Cape Coral home invasion
Charlotte Technical College breaks ground on aviation facility The Charlotte County School District is flying high and keeping its “Space Academy” designation with a new aviation training facility for students.Â
CAPE CORAL Man arrested in connection with Cape Coral home invasion The Cape Coral Police Department has announced the arrest of one of three men suspected in a home invasion that took place earlier this month.
2 airboats crash between mile markers 74 and 75 in Collier County According to the Collier County Sheriff’s Office, two airboats crashed south of U.S. 41 East between mile markers 74 and 75.
CAPE CORAL Cape Coral residents react to $100M North Cape land deal The city of Cape Coral is seeing two projects that will change the city. One is called one of the most lucrative deals in county history.
Royal Palm Coast Realtor Association breaks ground on new Fort Myers headquarters As Royal Palm Coast Realtor Association’s president pointed out, about 1,000 people are still moving to Florida every day, and many of them are finding their way to Southwest Florida.
PUNTA GORDA Charlotte County drug trafficker sentenced to 10 years A Charlotte County man has been sentenced to 10 years in prison for drug trafficking.
lehigh acres ‘How to sign away parental rights?’; Lehigh Acres woman accused of killing her 4-month-old baby The Lee County Sheriff’s Office has arrested a woman accused of killing her 4-month-old baby.
Punta Gorda Man accused of indecent exposure at school bus stop in Punta Gorda The Charlotte County Sheriff’s Office has arrested a man accused of indecent exposure at a school bus stop in Punta Gorda.
estero 76-acre prescribed burn at Koreshan State Park Park officials are performing a 76-acre prescribed burn at Koreshan State Park.
Tim Aten Knows: 2 new eateries coming to East Naples After operating La Rosa Pizzeria for more than 15 years, owners Bill and Alda Rosa decided to sell their local business and restaurant space.
the weather authority Warmer with sun and clouds for your Friday plans The Weather Authority is tracking a warmer day ahead, with a mixture of sun and clouds expected this Friday afternoon.
FDOT opens all lanes of Caloosahatchee Bridge year ahead of construction schedule The Florida Department of Transportation announced all lanes of the Caloosahatchee Bridge are open, a year ahead of its original pedestrian sidewalk project estimate.
NAPLES 12-year-old collecting donations for the needy during the holidays A 12-year-old Naples boy isn’t worried about what he’s getting for Christmas. Instead, he’s working on his 6th annual “Holiday Sock Drive.”
Fort Myers man facing homelessness before the holidays A 75-year-old man is on the brink of homelessness despite working over 80 hours a week.
NAPLES Adoptee uses non-profit to provide suitcases for foster children This holiday season, a Naples woman is on a mission to bring foster children something many take for granted: a suitcase filled with dignity.
Charlotte Technical College breaks ground on aviation facility The Charlotte County School District is flying high and keeping its “Space Academy” designation with a new aviation training facility for students.Â
CAPE CORAL Man arrested in connection with Cape Coral home invasion The Cape Coral Police Department has announced the arrest of one of three men suspected in a home invasion that took place earlier this month.
2 airboats crash between mile markers 74 and 75 in Collier County According to the Collier County Sheriff’s Office, two airboats crashed south of U.S. 41 East between mile markers 74 and 75.
CAPE CORAL Cape Coral residents react to $100M North Cape land deal The city of Cape Coral is seeing two projects that will change the city. One is called one of the most lucrative deals in county history.
Royal Palm Coast Realtor Association breaks ground on new Fort Myers headquarters As Royal Palm Coast Realtor Association’s president pointed out, about 1,000 people are still moving to Florida every day, and many of them are finding their way to Southwest Florida.
PUNTA GORDA Charlotte County drug trafficker sentenced to 10 years A Charlotte County man has been sentenced to 10 years in prison for drug trafficking.
lehigh acres ‘How to sign away parental rights?’; Lehigh Acres woman accused of killing her 4-month-old baby The Lee County Sheriff’s Office has arrested a woman accused of killing her 4-month-old baby.
Punta Gorda Man accused of indecent exposure at school bus stop in Punta Gorda The Charlotte County Sheriff’s Office has arrested a man accused of indecent exposure at a school bus stop in Punta Gorda.
estero 76-acre prescribed burn at Koreshan State Park Park officials are performing a 76-acre prescribed burn at Koreshan State Park.
Tim Aten Knows: 2 new eateries coming to East Naples After operating La Rosa Pizzeria for more than 15 years, owners Bill and Alda Rosa decided to sell their local business and restaurant space.
the weather authority Warmer with sun and clouds for your Friday plans The Weather Authority is tracking a warmer day ahead, with a mixture of sun and clouds expected this Friday afternoon.
FDOT opens all lanes of Caloosahatchee Bridge year ahead of construction schedule The Florida Department of Transportation announced all lanes of the Caloosahatchee Bridge are open, a year ahead of its original pedestrian sidewalk project estimate.
NAPLES 12-year-old collecting donations for the needy during the holidays A 12-year-old Naples boy isn’t worried about what he’s getting for Christmas. Instead, he’s working on his 6th annual “Holiday Sock Drive.”
Fort Myers man facing homelessness before the holidays A 75-year-old man is on the brink of homelessness despite working over 80 hours a week.
NAPLES Adoptee uses non-profit to provide suitcases for foster children This holiday season, a Naples woman is on a mission to bring foster children something many take for granted: a suitcase filled with dignity.
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.