Chesapeake-based Dollar Tree is selling their acquired stake in Family Dollar to a private equity firm. Dollar Tree has struggled with the Family Dollar brand since buying it in 2015. They cite supply chain issues, poor store locations, and other operational issues. Changes in leadership over the past few years also plagued the brand. Family Dollar says it will keep its headquarters in Virginia amid the changes.
Thousands of Richmond residents claim to have received incorrect property tax rebate checks. They say the checks came with the wrong name printed on them. City officials say several thousand residents received the checks. The checks were part of a four-cent tax rebate program. The city's Department of Finance says they're working to cancel and reissue the checks for people affected.