News: Business

Jun. 30, 2014 @ 04:54 PM

Divide and move on - no department store to replace Kmart

The owners of a south High Point shopping center anchored by Kmart say they plan to subdivide the space once the department store closes at the end of the summer.

Jun. 26, 2014 @ 05:35 PM

Any drama this year with state market money?

When it comes to state funding for the High Point Market, the expression “what a difference a year makes” might serve as an understatement.

Jun. 24, 2014 @ 08:33 PM

Golden B reopening nears after accident

The past six weeks have offered an up-and-down odyssey for Golden B Restaurant co-owner Cush Bocholis and his family as they have coped with their small business closing temporarily because of a freak accident.

Jun. 23, 2014 @ 06:04 PM

Work begins on latest major highway project

The latest major highway project that will shift the landscape and change traffic patterns in the Piedmont is underway in northern Guilford County.

Jun. 18, 2014 @ 09:00 AM

New shopping center proposed for North High Point

An area of north High Point that already features a variety of shopping centers may soon get another one.

Jun. 16, 2014 @ 05:12 PM

Big jump at pump - Iraq conflict could push up gas prices

The battle raging in Iraq that threatens to turn into a civil war could bring an unwelcome ripple effect soon for local motorists.

Jun. 13, 2014 @ 04:32 PM

Group interested in Kilby not giving up on Washington Street

The historic Kilby Hotel may have fallen in on itself in the aftermath of a severe thunderstorm this week, but that doesn’t mean the group that was interested in renovating the building will walk away from Washington Street.

Jun. 12, 2014 @ 01:54 PM

Kmart will close High Point store

The city’s lone Kmart store will close this fall, with a liquidation sale beginning at the end of this month.

Jun. 10, 2014 @ 08:11 PM

Staples will relocate to popular shopping center

At a time when the pressing debate locally centers on the city’s economic future and getting High Pointers to shop locally, one major retail property just keeps on humming.

Jun. 05, 2014 @ 04:51 PM

Pyramid scheme victims on cusp of monetary justice

Two years after their entrapment in a mammoth Ponzi scheme became public, victims of the Zeek Rewards swindle finally may receive some restitution this autumn.

Jun. 05, 2014 @ 01:41 PM

BNC continues acquisitions through S.C. bank

BNC Bancorp, the holding company for Bank of North Carolina, on Thursday announced it has entered into an agreement to acquire all of the common stock of Harbor Bank Group Inc., the holding company for Harbor National Bank out of Charleston, S.C.

Jun. 02, 2014 @ 07:59 PM

New life for Kilby? Group may save hotel

The deteriorating Kilby Hotel near downtown may be saved through a California-based group that has taken over and revitalized historic, dilapidated properties on the West Coast.

May. 28, 2014 @ 04:14 PM

City jobless rate dips to six-year low

Two words appearing more and more often in local business circles reflect a steadily improving employment market — “job fair.”

May. 27, 2014 @ 08:04 AM

Worker's odyssey reflects scope of the downturn, budding recovery

Scott White sits at the desk of his small office lit by sunshine, cherishing the job he loves while surrounded by pages of construction plans spread across a long, rectangular table.

May. 14, 2014 @ 04:54 PM

Maola milk changes will boost High Point production

A loss for the economy in New Bern will end up as a boost for the local economy here.