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About CLT2014

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    Charlotte, NC
  1. Charlotte-Douglas Airport (CLT) Expansion

    Planning is well underway for the 4th runway. Environmental Impact Statement - 2016-2020 Design - 2019-2020 Construction start - 2020 Completion - 2022
  2. Charlotte Supermarkets

    That was the smallest Harris Teeter in that area as well
  3. Amazon HQ2

    Alabama understood their differentiated value and superior location for Toyota's Just In Time manufacturing process. They didn't need to throw as much money at Toyota, because they could show the economic value their location brings for a Total Cost of Ownership that still came in lower than North Carolina. With Toyota's existing plants largely being located in the auto manufacturing belt stretching down I -65 and I-69 from the Midwest to the South, they will have more opportunities to extract synergies in their supply chain. And while North Carolina does have automotive parts suppliers, if they aren't CURRENT Toyota suppliers, it introduces new risk to the production system and suppliers that might not be as familiar with Toyota's demand for Just-In-Time manufacturing partnerships. Amazon is going to behave VERY similarly. While incentives will be a major part of their discussions, finding the right workforce, a large enough metro for talent acquisition, and the right office environment is going to be more important. They should evaluate their site selection process from a Total Cost of Ownership, or holistically, rather than fixate on one factor like incentives.
  4. The Bad News Report

    NC related rather than Charlotte specific, but Alabama's governor will be announcing they won the Toyota-Mazda plant tomorrow. Articles are stating the deciding factor was the supply chain network was not as robust in NC compared to Alabama for passenger vehicle manufacturing.
  5. The Good News Report

    Less than 3 star reviews on the Apple and Android App stores and frustrated customers.... good luck to them. Sounds like they do need to hire more people to handle problems!
  6. "Fashion retailer H&M said on Friday sales had fallen during the last three months as fewer shoppers visited its stores, sending its shares plummeting and underlining its struggle to adapt to a shift of business online. Shares in the world’s second largest fashion retailer fell 13% to their lowest level since 2009. The Swedish group said sales in the September-November period were far below its own expectations. It plans to speed up efforts to adjust to changes in the market, including closing more H&M stores and opening fewer new ones, and start selling the brand through Chinese online platform Tmall."
  7. SouthPark Mall

    The former Frontgate location is being filled by Southern lifestyle and tourist store Palmetto Moon. The new Ballard Designs is doing pretty well and seemed crowded over the holidays.
  8. The Bad News Report

    The Marriott Marquis in Atlanta is largely dreadful from the street level and a fortress.,-84.3841626,3a,75y,224.48h,87.68t/data=!3m6!1e1!3m4!1s_qRCD0zeMDj3OdCmfJQx3Q!2e0!7i13312!8i6656,-84.3844267,3a,75y,332.05h,107.97t/data=!3m6!1e1!3m4!1smhh7Xj-KBgKaj3FwiDlClA!2e0!7i13312!8i6656,-84.3859861,3a,75y,120.39h,90.48t/data=!3m6!1e1!3m4!1sgY6lpeuoBuFkAGWvuPhRwg!2e0!7i13312!8i6656
  9. The Bad News Report

    Beggars can't be choosers. The MLS didn't have many viable options. While ideally they wanted a stadium in a downtown, they picked the cities that had the right ownership and were closest to being shovel ready for construction of a stadium. Most of the cities were excluded, like Charlotte, simply because the stadium plan wasn't far enough along and there was too much risk of a stadium not getting built.
  10. What types of stores do residents in Uptown want? Target, Petsmart, TJ Maxx, Ace Hardware store, Gap, Beth Bath and Beyond? If you include Midtown, Uptown Charlotte actually has a decent amount of the Top 100 largest retailers in the country: #2. Kroger #5. Walgreens #6. Target #7. CVS #11. Best Buy #12. McDonald's #16. Rite Aid #19. TJX (Marshall's) #29. BJ's Wholesale #30. Whole Foods #34. AT&T #42. Starbucks #47. Trader Joe's #48. Wendy's #53. Dunkin #63. Staples #71. Chick Fil A #88. Williams-Sonoma Group (West Elm) #90. Panera Bread #96. Chioptle Seems like a pet store, some clothing retail, a book store (unlikely this day and age), and a hardware store (ACE or True Value) would be welcome additions to round out what most areas have.
  11. The Bad News Report

    Campbell Soup's effective corporate tax rate in New Jersey is only 2.2%, so they don't have that heavy of a tax burden based off the loop holes available to them. The merger is certainly part of their transformation from a soup company (stagnant) to a snack based company (with a healthy snack portfolio). Past acquisitions of companies like Pepperidge Farm show this is where they see growth. They operate a decentralized business model though so will likely to continue to operate an office in Charlotte.
  12. The Bad News Report

    It is official. Campbell Soups (Camden, NJ) announced this morning they are acquiring Charlotte based Synder's-Lance. My assumption is the office in Ballantyne will remain a significant corporate office within the combined company, though some positions will be lost due to synergies. Campbell is already decentralized - for example Pepperidge Farms remains sub-headquartered in Norwalk, CT.
  13. The Bad News Report

    Campbell Soup Company is in advanced talks to acquire Charlotte based Synder's-Lance. It sounds like Synder's-Lance's exit strategy has been to find a buyer. There is a chance Charlotte becomes the HQ of the combined company, but typically the acquiring company HQ wins out.
  14. SouthEnd Midrise Projects

    I like the materials, looks actually pretty nice!
  15. Charlotte-Douglas Airport (CLT) Expansion

    We might get PHX on Southwest as they can provide connections through their focus city. I think LAX and SAN are doubtful. Southwest doesn't like to operate many trans-continental flights unless it is to their focus cities in Baltimore or Atlanta (plus some Florida nonstops to the West Coast). Other than those, they tend to prefer to schedule their planes for 1 hour - 3 hours in the air. I think it would be great if they increased the frequency on their Texas flights to 3 times per day as well.