Speedway's signs will continue
to say Lowe's for another year
Home improvement retailer Lowe's will keep its name on the big speedway in Concord for another year, with the Mooresville-based company and Lowe's Motor Speedway agreeing on a one-year extension of the current naming rights contract, speedway officials said Tuesday.
Lowe's bought the naming rights for the track, previously Charlotte Motor Speedway, in 1999. The company paid $35 million for the 10-year deal, which was set to expire next year. The extension will keep the Lowe's name on the venue – which hosts three major NASCAR races a year – until at least 2010. Terms of the extension weren't released.
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Home Economist takes new name: Healthy Home Market
Local health food grocer Home Economist Market is shedding its longtime name for a new one – Healthy Home Market.
The three-store chain, with locations in Charlotte and Davidson, has been known as Home Economist for all of its 27 years. At the time of the chain's founding, home economics was a subject widely offered in schools. It was intended to evoke thoughts of healthy meal planning, value and quality.
But the moniker had become confusing over time, with people wondering whether the store sold fabric or was a financial company, said Holli Adams, director of community programs.