The used car retailer, which went public in January, has been sued at least three times in the last two months for alleged securities law violations.
Retail
New-to-market Royal Farms convenience store chain lands in Chesterfield
Royal Farms, a fried chicken-focused competitor to Wawa and Sheetz, will open at the intersection of East Hundred Road and Rivers Bend Boulevard.
Circuit City bankruptcy headed for conclusion after nearly 13 years
Creditors of the collapsed electronics retailer received 55 cents on the dollar. Attorneys and other professionals billed the bankruptcy estate for $212 million.
Ram City Market to open in empty Walmart store on Grace
The grocery store will sell to-go coffee and made-to-order sandwiches but it won’t carry alcohol.
Upper Shirley Vineyards chef cooks up neighborhood market in Tuckahoe
The Supper Club at 417 N. Ridge Road will sell prepared meals but it won’t have a cafe or a seating area.
Local investor bags Powhatan shopping center for $4.3M
The seller was a Minnesota man who paid $3.8 million in 2015 for The Maxey Center at 3452 Anderson Highway.
Warby Parker eyes Short Pump Town Center for first store in region
The mainly online eyewear retailer sees potential in the Richmond market and is looking to open more brick-and-mortar locations.
Cannabis cultivation supplier grows into warehouse, opens new stores
The co-founders of Happy Trees expect demand for soils, grow lights, nutrients and other items needed to raise the plants to climb as legalization expands nationwide.
New Starbucks cafe brewing in former bank at River Road Shopping Center
The shuttered BB&T branch, which includes drive-thru bays, is across the street from an existing Starbucks with no drive-thru window.
LaDiff plans new store after Shockoe complex sells to developer for $10M
The Richmond furniture retailer wouldn’t say where its new home will be except that it will be within city limits.