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Dollar Tree offloads Family Dollar chain for $1 billion, ending a decade-long effort to find a fit

Dollar Tree’s decade-long effort to fold the Family Dollar chain into its business is ending after agreeing to sell the bargain store chain to a pair of private equity firms for $1 billion. Dollar Tree Inc. bought Family Dollar with its over 7,000 stores 10 years ago for more than $8 billion. Neil Saunders, managing director of GlobalData, said that Dollar Tree struggled with supply chain issues, poor store locations and other operational difficulties ever since making the acquisition. “Basically, Dollar Tree bit off far more than it could chew,” he said. Last year Dollar ...

Copper prices have soared as the US threatens tariffs on the metal and China boosts its economy

NEW YORK (AP) — Copper prices have hit record highs as an ongoing trade war between the U.S. and its key trading partners threatens to squeeze supplies of the vital metal. Buyers in the U.S. have been stocking up on copper ahead of potential tariffs. Future prices for the base metal’s most traded contract rose to $5.24 per pound on Wednesday. Prices are up about 30% so far this year, following modest gains over the last several years. President Donald Trump has threatened to impose a tariff of up to 25% on all copper imports and has called for increasing U.S. production. China, ...

Steinbacher, Goodall & Yurchak welcomes two new attorneys

Steinbacher, Goodall & Yurchak, an elder law firm with seven locations across northeastern and central Pennsylvania, is pleased to announce the addition of Attorney Alexandra Garver and Attorney Skylah Cunningham to the firm as associate attorneys. Alexandra will be working out of the Altoona and State College offices, and Skylah will be working out of the Williamsport office. Both are recent law school graduates that passed the bar exam last fall. Alexandra is a central Pennsylvania native, having been born and raised in Martinsburg, Pa., and is a graduate of Central Martinsburg. ...

Lewisburg’s new medical marijuana dispensary celebrates grand opening

LEWISBURG — Terrapin, an independent grower/processor of medical marijuana, celebrated the grand opening of its second Pennsylvania dispensary, located in Lewisburg/Kelly Township. The grand opening and ribbon-cutting celebration for Terrapin Care Station took place on Thursday, Feb. 20, at ...

Woodlands Investment Services announces hire of financial consultant

WILLIAMSPORT — Woodlands Investment Services, located at Woodlands Bank, is proud to announce the recent hire of Zach Eddinger as their Osaic Institutions Financial Consultant. Eddinger began his career in the insurance and financial services industry back in 2015. Starting out as an ...