Category: North Carolina

Family Dollar

About Family Dollar was founded in 1959 by Leon Levine in Charlotte, NC. Dollar Tree acquired it for ~$8.5 billion in July 2015 — then closed nearly 1,000 underperforming stores in 2024 before selling it in 2025. Under new Chairman & CEO Duncan MacNaughton (former Walmart head of merchandising), Family Dollar is pursuing a 70-initiative turnaround — including a new extra-small store format pilot in urban markets as of March 2026. Quick Facts HQ 500 Volvo Parkway, Chesapeake, VA 23320 HQ Phone Number (757) 321-5000 Prior HQ Address(vacated 2015) 10401 Monroe Road, Matthews, NC 28105 Status Privately held (since July 7, 2025) Current Owners Brigade Capital + Macellum Capital + Arkhouse Management Sale Price $1,007.5 million cash (closed July 7,

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Truist Financial

About Truist Financial Corporation (NYSE: TFC) is an American bank holding company headquartered at 214 North Tryon Street, Charlotte, North Carolina 28202 — in the 42-story Truist Center tower, the tallest building in Charlotte and a defining feature of the city’s Uptown skyline. Truist is the sixth-largest commercial bank in the United States by total assets, with $548 billion in total assets as of December 31, 2025, approximately 15 million clients, and a branch and ATM network spanning 17 states and Washington, DC — concentrated across the Southeast, Mid-Atlantic, and the fast-growing Sun Belt markets. Truist Financial Corporation was created on December 6, 2019 through the merger of equals between BB&T Corporation (headquartered in Winston-Salem, North Carolina) and SunTrust Banks

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Ingles Markets

About Ingles Markets, Inc. (NASDAQ: IMKTA) is a regional American supermarket chain headquartered at 550 NC Highway 9, Black Mountain, North Carolina 28711 — a mountain community approximately 15 miles east of Asheville, in Buncombe County, Western North Carolina. Ingles was founded in 1963 by Robert “Bob” Ingle — a third-generation grocery family member whose grandfather had operated a grocery store in Asheville — opening the first Ingles supermarket on Hendersonville Road in Asheville, NC. Ingles Markets operates 200+ supermarkets across six southeastern US states — North Carolina (75 stores), Georgia (65 stores), South Carolina (35 stores), Tennessee (21 stores), Virginia, and Alabama — concentrated in the Appalachian mountain region and surrounding piedmont communities. Ingles became publicly traded on NASDAQ

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National General Insurance

About National General Insurance — now operating as “National General, an Allstate company” — is a specialty personal lines property and casualty insurance company headquartered at 5630 University Parkway, Winston-Salem, North Carolina 27105. The company is one of the largest personal lines insurers in the United States, offering auto, homeowners, RV, motorcycle, umbrella, and small business auto insurance products distributed through a network of 55,000+ independent agents across all 50 states. National General’s origins trace to 1939, when the company was founded as a small insurance operation that later grew through corporate acquisitions to become part of General Motors’ financial arm — operating as GMAC Insurance Group for decades before General Motors’ 2009 restructuring led to its sale. In 2009,

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Duke Energy

About Duke Energy Corporation (NYSE: DUK) is one of the largest electric power holding companies in the United States, with its global corporate headquarters at 525 South Tryon Street (Duke Energy Plaza), Charlotte, North Carolina 28202 — a 40-story, 629-foot glass skyscraper in Uptown Charlotte that became Duke Energy’s official headquarters in 2023. Duke Energy Plaza — formerly known as Metro Tower — was developed by Childress Klein and houses approximately 4,400 Duke Energy employees and contractors, consolidating the company’s previously dispersed Charlotte-area office footprint into a single landmark tower directly across the street from the former Duke Energy Center at 550 South Tryon Street, which Duke Energy vacated by December 31, 2021. Duke Energy traces its origins to 1904,

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First Citizens Bank

About First Citizens Bank (formally First-Citizens Bank & Trust Company) is the wholly owned banking subsidiary of First Citizens BancShares, Inc., a publicly traded financial holding company headquartered in Raleigh, North Carolina, and listed on Nasdaq under the ticker FCNCA. Founded in 1898 in Smithfield, North Carolina, First Citizens has operated as a family-controlled institution across five generations of the Holding family. The bank operates 500+ branches across 30 states and offers retail banking, commercial banking, innovation banking, wealth management, and a nationwide direct bank platform. In March 2023, First Citizens made national headlines when it acquired the failed Silicon Valley Bank (SVB) from the FDIC — a transaction that doubled the bank’s total assets to approximately $200 billion and

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Spectrum

About Spectrum is the consumer-facing brand name of Charter Communications, Inc. (NASDAQ: CHTR) — one of the largest broadband internet, cable television, mobile, and voice services providers in the United States. Charter’s principal corporate headquarters is located at 400 Washington Boulevard, Stamford, Connecticut 06902 — the largest building in the city of Stamford, completed in 2018 as a state-of-the-art corporate campus designed for collaboration and housing thousands of corporate employees. Spectrum is not a standalone legal entity or publicly traded company — it is the brand under which Charter sells all of its consumer and small business products, including Spectrum Internet, Spectrum TV, Spectrum Mobile (MVNO on Verizon’s network), Spectrum Voice, and Spectrum Business. Charter Communications was founded in 1993

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