S.C. company proposes two hotels in Jackson Ward (Times-Dispatch)
A South Carolina development company is proposing to build two hotels off Interstate 95 in a long-vacant corner of Richmond’s Jackson Ward neighborhood.
“Cucumber” Suit Against Williams Mullen Is Settled (Style Weekly)
A sexual harassment lawsuit, widely known as “the cucumber incident,” against Williams Mullen partner Robert E. Eicher, has been settled.
Marketing efforts increased for former Ukrop’s store site (Roanoke Times)
Ukrop’s Super Market, which closed its doors in Roanoke more than six months ago, has hired a Richmond real estate broker to help find a new retailer to sublease its former 58,000-square-foot store on Franklin Road.
New developer pledges to finish Ocean View job (Inside Business)
One evening last September, developer Gary Werner, president of Franciscus Homes, prepared to give a presentation to a group of homeowners that would make or break his multimillion-dollar plans to complete Harbor Walk, the condo development that had seen more than its share of trouble.
How consumers rewrote the old recessionary rules (Fortune)
The Great Recession redefined spending patterns, creating a new way to think about how we shop. Instead of merely trading down and spending impulsively, people shopped smarter, honing in on the products they actually desired and reallocating their budgets to make such purchases possible.
Time to Reset Your Business? (WSJ)
Editor’s Pick. If you’re tempted to grasp for revenue by offering something outside your core product or service, it might be time to get back to the basics. Here’s how.
5 Business Lessons Learned from Undercover Boss (Inc.)
It was one of this year’s reality show standouts, beloved by viewers for the dose of schadenfreude they’d get by seeing executives fail at attempting the basics that make their companies tick. Undercover Boss took CEOs (such as 7-Eleven’s Joe DePinto, above) out of their corner offices and planted them as entry-level grunts in their own business. What ensued needn’t just be couch-potato fuel, though: We’ve compiled some notes so you can avoid these CEOs’ mistakes.