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Kent County

Harrington on Rite Aid closing list

A Rite Aid store in the Kent County town of Harrington is the latest on a closing list filed in U.S. Bankruptcy Court in New Jersey The Kent County location was one of 77 stores listed in a court document and follows earlier store closings, mainly in northern Delaware.. Rite Aid filed for Chapter 11 protection due...

Delaware bucks trend toward higher gas prices – for now

Delaware drivers saw lower prices at the pump during the past week. The situation could change as spring approaches and refineries switch over to summer fuel. Nationwide, gas prices rose in the last week of February. The upward trend toward higher gas prices is likely to continue as travelers start heading out of town for spring break, AAA reported. Gas prices were...

My take: Labor market, Kroger-Albertsons and Macy’s

A few odds and ends from the labor market and retailing. First off, we won't see the state's labor market (unemployment) report for January until March, followed by the February stats later in the month. The state's jobless rate is likely to remain fairly steady. The timing of reports has to do with a short month and labor market figures being...

Delaware home sales market slows slightly in January

The Delaware Association of Realtors reported that January's housing market posted a slight decrease in new listings and homes sold. The inventory of new homes did rise sharply. The median price increased by 4.50%, However, the median listed price increased by only 0.17%. The real estate group stated that pending sales fell by 8%, but active inventory showed 13% growth,...

Green hydrogen company gets $1.7 million from state for expansion in Dover

FFI Ionix Inc., a wholly owned subsidiary of Fortescue, an Australian green technology and metals company, picked Dover for expanded operations and gained up to $1.7 million in grants from the state. FFI Ionix, which focuses on hydrogen technologies, will relocate from a 15,000-square-foot site in Harrington to 60 Starlifter Avenue in Dover. More than 22,000 square feet of...

Delaware Electric rate restructuring draws fire from members with solar systems

Delaware Electric Cooperative announced a rate restructuring plan that has led to pushback from customers with solar systems. A release stated that some businesses will see lower rates, while others will see an increase. Winter and summer rates were combined. Specifics about changes to all rate classes and a full copy of the release can be found HERE. "The overwhelming majority...

PNC adds mobile bank in Delaware as company announces $1 billion in renovations and new branches

PNC has added a mobile bank in an area outside Wilmington as part of a branch expansion and renovation program. The nationwide plan includes spending about $1 billion to open more than 100 new locations and renovate more than 1,200 existing locations by 2028. PNC spokesman Jason Beyensdorfer said no new branches are planned in the First...

From Spotlight Delaware: Whistleblowers sue Covid-era prison health provider

By Karl Baker, Senior reporter This story was produced by Spotlight Delaware, a community-powered, collaborative, nonprofit newsroom covering the First State. Learn more at spotlightdelaware.org Centurion, the company that managed health care in Delaware prisons during the COVID pandemic, is being sued for fraud by two whistleblowers in a Superior Court lawsuit that has been sealed from the public for the...

10 business honored as EDGE Grant recipients

Ten small businesses were honored by the Delaware Division of Small Business as winners of the seventh round of the Encouraging Development, Growth, and Expansion (EDGE) competition. Winners included a company planning to develop residential electric vehicle chargers, one developing an improved hand/arm prosthetic that’s easier to use, one developing an adapted mobility device for getting into bed, and...

State Chamber announces reimagined Pathways conference

The Delaware State Chamber of Commerce’s workforce development affiliate, The Partnership Inc., announced a rebranded Navigating Delaware Pathways: An Education and Workforce Development Summit. Slated for April 16 at Delaware Technical Community College’s Terry Campus in Dover, the summit was formerly known as the Delaware Pathways Conference, The Partnership, Inc. partnered with the Delaware Department of Education, Rodel,...

Biden spending night in Delaware before West Coast trip

President Joe Biden is scheduled to fly to California this weekend as his re-election campaign get underway.. On Friday, the President, First Lady, defense officials, and members of the state's Congressional delegation gathered in Dover to witness the dignified transfer of military personnel who died in a drone attack at an outpost in Jordan. Dover is the site of...

State to spend $25 million in effort to turn around Dover’s struggling downtown

Photo from Dreamstime The State of Delaware plans to spend more than $25 million in three projects aimed at revitalizing downtown Dover. “The State of Delaware has a vested interest in the success of downtown Dover, not only because it is our capital city, but because it is where thousands of state employees work and where many would like to live,”...

Delaware to benefit from two opioid settlements

Two opioid settlements were announced on Thursday by the office of Delaware Attorney General Kathy Jennings. The $350 million national settlement with Publicis Health resolves investigations into the global marketing and communications firm’s role in the prescription opioid crisis. Delaware will receive over $1.5 million from the settlement to address the opioid crisis.The company will disclose on a public website thousands of internal...

Supreme Court overturns Chancery Court ruling on attorney fees in property reassessment suit

In a rare reversal of a Chancery Court decision, The Delaware Supreme Court overturned an award of nearly $1.5 million in attorney's fees for the lawsuit that led to property tax reassessment in Delaware. The award had been appealed by the state's three counties. The decision, written by Justice Karen L. Valihura  said groups that filed the lawsuit leading to the...

Business people: Jan. 25, 2024

The Delaware State Chamber of Commerce (DSCC) named the following new members to its Board of Directors and Board of Governors, effective January 1: W. Douglas Mokoid, Delmarva Power, David A. Tam,  Beebe Healthcare The following were elected to the State Chamber’s Board of Governors:Desa Burton, Zip Code WilmingtonTerry Glebocki, Delaware Park Casino & RacingCathy Kanefsky, Food Bank of DelawareMelissa Kenny,...
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