Cato Corp.

Jan 7, 2016

Cato rezoning gets initial approval

The York County Council on Monday gave its unanimous initial approval for the rezoning of 360.5 acres for the development of property that formerly held the Charlotte Knights baseball stadium. […]

Nov 22, 2015

Diamond in the rough

A rezoning request for a proposed 360.5-acre development, including the site where the Charlotte Knights formerly played, is scheduled to be considered by York County planning officials Dec. 14. “It […]

Jul 8, 2014

Charlotte Knights old stadium awaits demolition

FORT MILL, S.C.  — The Charlotte Knights old stadium in South Carolina is awaiting demolition after the team’s move to an uptown stadium. The Charlotte Observer reported (http://bit.ly/1pWuByd ) that Charlotte clothing retailer […]

Dec 31, 2013

Knights lock doors to SC stadium, make move to NC

FORT MILL, S.C.  — The Charlotte Knights have officially said goodbye to the South Carolina stadium that was their home turf for more than two decades. The Herald of Rock Hill reports […]

May 10, 2013

Cato could kick-start commercial development in Fort Mill

For every $1 the York County, S.C., town of Fort Mill receives in property taxes on residential properties, it has to spend $1.40 on services such as fire, police and schools. But for every $1 the town gets in taxes from commercial properties, it spends only 31 cents on services.

Oct 26, 2012

Cato Corp. considers buying land near Knights Stadium in Fort Mill

Charlotte-based Cato Corp. could become the owner of roughly 260 acres that surround Knights Stadium in this York County town, the county's economic development director said Friday.

Aug 12, 2011

City floats changing runoff requirements

It could get cheaper to redevelop sites in Charlotte. Under current rules, redevelopment means coughing up whatever it costs — and it can be in the hundreds of thousands of […]

Jul 8, 2011

Cato Corp. sales rise in June

Cato Corp. said its sales for the five weeks that ended July 2 rose 2 percent to $90.4 million from $88.2 million for the same period last year. The Charlotte-based […]

Jun 2, 2011

Cato Corp. sales flat in May

Cato Corp. today said its May sales were $80.7 million, flat compared with the same month last year. But same-store sales were down 3 percent over the same period. “May same-store sales […]

May 26, 2011

Cato Corp. increases dividend 24 percent

Cato Corp. said its board of directors has approved a 24 percent increase in the company’s dividend. The increase means an annualized rate of 92 cents per Class A Class […]

May 19, 2011

Cato Corp. says net income rose in 1Q

Cato Corp. today said its net income was higher in the first quarter than the same quarter a year ago. The Charlotte-based company said it had earnings of $30.5 million, or […]

Apr 7, 2011

Cato Corp. reports lower sales

Charlotte-based clothing retailer Cato Corp. today said sales for the five weeks that ended Saturday totaled $97.4 million, an 8 percent decrease from $105.7 million for the five-week period that ended April 3, 2010. […]

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