Athleta store planned for Thruway Shopping Center
Athleta retail store is coming to Thruway Shopping Center in Winston-Salem, according to an online store directory for the center.
Saul Centers lists Athleta as the tenant for two stores near anchor tenant Trader Joe’s in the former Rite-Aid and Eckerd’s location.
Saul officials could not be immediately reached for comment about the Athleta store and possible opening date.
Athleta is a unit of The Gap that focuses on women’s workout, travel and yoga wear.
The retailer has a store in Friendly Center in Greensboro, as well as stores at Southpark Mall in Charlotte, Streets at Southpoint in Durham, and Crabtree Mall I Raleigh.
Thruway landed Athleta competitor Lululemon in November. The Lululemon store is in a outparcel building at 312 S. Stratford Road.
Fla. Supreme Court won’t hear Engle appeal
The Florida Supreme Court declined Friday to accept the appeal of a ruling that overturned a $46.5 million jury verdict against R.J. Reynolds Tobacco Co. in an Engle progeny lawsuit.
A Florida jury voted in April 2015 to make Reynolds liable for $25 million in punitive damages and $21.5 million in compensatory damages in a case involving Thomas and Bettye Ryan.
Engle progeny lawsuits sprang from a decision in 2006 by the Florida Supreme Court that decertified a $145 billion class-action lawsuit initially filed by Howard Engle.
That ruling limits former class members to filing individual lawsuits stating that cigarettes caused their respective illnesses.
In the Ryan case, compensatory damages were reduced by 35% to $13.9 million after the jury determined that Ryan was 35% responsible for his illness.
Hanesbrands board declares 15-cent dividend
The board of directors for Hanesbrands Inc. declared Tuesday a regular quarterly cash dividend of 15 cents per share on its common stock.
The dividend is payable Sept. 4 to shareholders registered as of Aug. 13.
Charleston Forge names president, makes purchase
Charleston Forge, a furniture manufacturing company based in Boone, said Tuesday it has promoted Dan Minor to company president.
The company also said it recently purchased Stoneline Designs, a manufacturer of upper-end office furniture.
Minor joined Charleston Forge as vice president of sales in 2014.
He spent 17 years at Boyles Furniture.
Andy Beekman, formerly general manager, was named as vice president of the company’s new contract and hospitality division.
The company was founded in 1984 by Art and Susan Barber. They remain co-owners, along with Rick Grant, who serves as chief executive.