Choose color scheme

Raleigh Triangle Local and Business News

  • Governor signs economic-development partnership bill into law

    It’s official: Gov. Pat McCrory on Tuesday signed legislation approved last week to split the economic-development functions of the North Carolina Department of Commerce into a private, nonprofit corporation.

    The bill sets in motion a plan that McCrory and Commerce Secretary Sharon Decker introduced more than a year ago that would contract with a private organization, the Economic Development Partnership of North Carolina, to privatize many of the Commerce Department’s functions related to recruitment…

  • Food Lion parent Delhaize names Kevin Holt its North American CEO

    Food Lion parent Delhaize Group (NYSE:DEG) has named Kevin Holt as chief executive for its North American operations, effective July 7.

    He will oversee Delhaize America, the U.S. division of the Belgian international food retailer.

    Holt was formerly president of retail operations at SuperValu Inc. (NYSE:SVU). He also will become a member of Delhaize Group’s executive committee.

    The post has been vacant for roughly nine months after then-CEO Roland Smith resigned following a management shakeup.


  • ​Homeownership for millennials to rise faster in N.C. than other states

    First-time buyers are struggling – but in North Carolina, a cheaper cost of living and a slew of job opportunities means home ownership rates for millennials will likely rise faster than in other states.

    Broadly speaking, some states are doing a better job than others at attracting young workers – and North Carolina happens to be one of them, says Diana Carew, an economist at the Progressive Policy Institute.

    “That’s because they’ve got great apprenticeship programs, the Research Triangle,…

  • PintLabs' exit story begins with a pint of Lonerider

    It all started with a pint of Lonerider Brewing Co.’s Shotgun Betty.

    That’s what Jason Austin, co-founder of Raleigh-based PintLabs tells me.

    PintLabs, acquired today by Indiana beer tech SteadyServ, started on that Lonerider porch, really, when Austin got his first taste of “actually really good beer.”

    “I liked beer, but I wasn’t into the craft beer scene too much,” he says. But that changed with his Lonerider experience. “From that point on, I was really interested in it.”


  • Raleigh day spa opens state's second salt cave

    After falling in love with salt caves on the West Coast, Angela Padgett, owner of SkinSense Spa of Raleigh, created her own and perhaps the Triangle’s first. According to Padgett, the only other salt cave in the state is in Asheville, and the closest salt cave is located in Virginia.

    SkinSense has been established in Raleigh for over 20 years, with a location in North Raleigh on Falls of Neuse Road and a second location in Brier Creek.

    The day spa offers nail treatments, facials and massages,…