The singer of “Mirrors” gave up ownership of the verdant plot of land just a few weeks before his conviction for DWI on June 18.
Officially, Justin Timberlake has bid farewell to a sizable tract of land in Tennessee.
The forty-three-year-old singer of “Mirrors” sold his approximately 127-acre Franklin, Tennessee, property for $8 million. According to the listing, it’s tucked away “less than half a mile” from the quiet community of Leipers Fork and about 45 minutes outside of Nashville.
Not only does the property provide breathtaking vistas of Leipers Creek Valley, but it also has 50 acres of pastures and wildlife food plots. On-site features include footpaths, spring creeks, and a fishing pond.
The listing was held by Tom Sullivan of Covey Rise Properties.
According to property documents, Timberlake legally relinquished ownership of the expansive site on May 30, while on his current Forget Tomorrow World Tour.
The Tennessean claims that the Memphis native bought the land in 2015 from local preservationist and philanthropist Aubrey Preston.
Preston told the site that he and the Grammy winner have a great deal of affection for their home state, nearly a year after Timberlake’s acquisition.
At the time, Preston remarked, “We both love Tennessee and loved growing up on land.” “We want to do our share to protect that for our children and future generations. We got to know one another in this way.
The transaction occurred just a few weeks prior to Timberlake’s June 18 arrest in Sag Harbor, New York, for allegedly driving under the influence.
He was stopped by a Sag Harbor policeman while traveling from the American Hotel to a friend’s house. Subsequently, the singer was issued two citations for failure to maintain lane integrity and one count of driving while intoxicated.
Although Timberlake’s arrest has sparked a frenzy among the public and his fans, a source tells PEOPLE that he and wife Jessica Biel are unconcerned about the event.
“They have put the arrest behind them. The insider stated, “They continue to put work and family first and have faith in their legal team.” Timberlake and the actress from The Better Sister are parents to two kids, Phineas, 4, and Silas, 9.
Dollar Tree Makes Shocking Announcement, That Leaves Customers Fuming
Inflation has hit the United States hard, with a shocking 4.2 percent rate in July, the highest in decades. This economic pressure has forced businesses, incIuding Dollar Tree, known for selling items at $1, to make significant adjustments.
Dollar Tree faced a decline in stock prices, dropping nearly seventeen percent in one trading session, as it grappled with rising shipping costs and the need to combat inflation. Dollar Tree’s decision to sell items for more than a dollar came after investors saw a hit of $1.50 to $1.60 per share of profits, a substantiaI blow for a retailer focused on the one-dollar price point.
The company cited the economic challenges posed by inflation and the pandemic as reasons for the pricing adjustments. CEO Michael Witynski acknowledged the shift in a prepared statement, stating, For decades, our customers have enjoyed the ‘thrill-of-the-hunt’ for vaIue at one dollar – and we remain committed to that core proposition – but many are telling us that they also want a broader product assortment when they come to shop.
Despite the drop in stock prices, Dollar Tree emphasized its commitment to providing value to customers. Witynski stated, We will continue to be fierceIy protective of that promise, regardless of the price point, whether it is $1.00, $1.25, $1.50.
The announcement sparked mixed reactions among customers, with concerns about the impact of the price change on the store’s appeal. While the stock prices have shown signs of recovery, the decision to sell items for more than a dollar raises questions about whether customers will continue to shop at Dollar Tree.
In a market where consumer goods are becoming more expensive due to increased shipping costs and inflation, retailers face the challenging task of balancing prices to remain competitive and meet customer expectations. Whether Dollar Tree can navigate these economic challenges whiIe retaining its customer base remains to be seen.
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