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Tag: Business

Lumber prices across the country begin to fall

NORTH FORT MYERS, Fla. – After hitting records, lumber prices across the country are beginning to fall.  “I think everyone is pretty familiar that we have seen a good hike in lumber prices, we are thankfully starting to see those prices come down,” said Home Depot Store Manager Art Seyffert. “Not to where they started at, but they have seen a significant drop, so that is definetly encouraging.” Tom Smythe, a finance professor at Florida Gulf Coast University, said the demand for lumber has stayed high, but said with the potential for Tropical Storm...

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Children’s robes sold on Amazon recalled, considered dangerously flammable

These children’s robes sold exclusively on Amazon.com were recalled because they were considered dangerously flammable. The United States Consumer Product Safety Commission confirmed SIORO children’s robes failed to meet the federal flammability standards for children’s sleepwear. Officials said it poses a risk of burning kids who wear the product. About 950 units were recalled, according to CPSC officials. Consumers who have bought the robe should stop using it and contact SIORO for instructions on returning the garments with free shipping to receive a full refund. To...

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First-of-its-kind ‘Freedom Week’ tax break surprises business owners and shoppers

CAPE CORAL, Fla.– What do a grill, a fishing rod, and a theater ticket have in common? They’re among the dozens of items you won’t have to pay sales tax on this week. Florida’s ‘Freedom Week’ sales tax break is a first-of-its-kind tax holiday. Cape Coral resident, Sue Feldman, was out shopping Monday but had never heard of the tax-free holiday. She thought it was a great idea and felt it might inspire people to get out this holiday weekend. “I think being outdoors is really healthy for all of us, physically as well as mentally,” Feldman said. Getting...

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Empty North Fort Myers plaza to welcome new businesses

FORT MYERS, Fla.– An empty plaza in North Fort Myers used to be homeless camp. Hancock Bridge Square Plaza is getting a second look from business owners. The plaza sits along busy U.S. 41. It was once home to big companies like Walmart and Office Depot. Linda Looker has lived in North Fort Myers for 30 years and described the empty plaza as sad and depressing. She pointed out the overgrown weeds, peeling paint, and boarded-up storefronts that the plaza has become known for. “There used to be some very nice businesses over there,” Looker said. The plaza has been empty for more...

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Business booms along Pine Island Road in Cape Coral

CAPE CORAL, Fla. – Cape Coral is looking to attract businesses, and add more jobs especially in the area around Pine Island Road as development grows and business booms.  “The economic development of Cape Coral continues to turn. There’s quite a bit of development underway and in the works. I think what we’re doing here Cape Coral is reaching a much higher level of diversifying our economic sectors,” said economic development manager, Ricardo Noguera.  Several areas along Pine Island Road have signs placed in front of a grassy lot, that read “Coming Soon.” The latest development...

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