Aaron Kremer

Aaron Kremer is the founder of Richmond BizSense. Email him at [email protected].

NewsFeeds 6.23.09

How Crutchfield Corp. survived the recession (Daily Progress) Crutchfield Corp. found its way through another recession, deeply cutting costs and trimming employee pay but avoiding layoffs. The Albemarle County company, now in its 35th year, also squeezed out a profit, and CEO Bill Crutchfield is optimistic, as sales have begun to grow again. Area Firms… Read more »

NewsFeeds 6.22.09

Local developer Anthony Smith takes the plunge at old downtown YMCA (Roanoke Times) Extensive feature on a new developer in Roanoke who says his mentor was Louis Salomonsky, a Richmond developer who served jail time for bribing an official. The Roanoke native wants to invest at least $3.5 million to renovate the property into a… Read more »

NewsFeeds 6.19.09

Ukrop’s: Courting customers with extra promotions (Roanoke Times) More than six months after the Richmond-based retailer made public its struggles gaining sales and customers at its Roanoke store, executives say business hasn’t improved. The family-owned grocer, which marks its two-year anniversary in Roanoke next week, is pulling out all of the stops to entice shoppers…. Read more »

NewsFeeds 6.18.09

Ukrop’s loses No. 1 spot to Food Lion in sales survey (Times-Dispatch) A great report from Louis Llovio: he hometown grocer lost its No. 1 spot to North Carolina-based Food Lion LLC, according to a study released yesterday by Food World, a trade publication that tracks the grocery industry in the mid-Atlantic. Food Lion commands… Read more »

NewsFeeds 6.17.09

Report: Hampton Roads weathered economic storm well (Virginian-Pilot) Brookings Institution of Washington also reported that the Virginia Beach-Norfolk-Newport News region was one of 10 metro areas in its study that showed signs of an economic recovery. The study measured the nation’s 100 largest metro areas by changes in employment, wages, home prices and other benchmarks,… Read more »

Insmed CEO exits

Geoffrey Allan, the CEO at Insmed, has stepped down for health reasons, according to a company press release.

Office Sense: The elements at Luck Stone’s HQ

If every building had a soundtrack, the 60,000-square-foot addition to Luck Stone’s headquarters in Goochland would be blasting the ’70s band Earth, Wind and Fire.

That’s because the expanded digs, designed by SMBW Architects, has levels that are – no joke – named Sky, Earth and Core. Charles Luck IV, takes BizSense on a tour of the new and improved headquarters.

NewsFeeds 6.16.09

LandAmerica seeks probe of banks (Times-Dispatch) Attorneys for the bankrupt Henrico County-based company have asked to hire a New York law firm to investigate and pursue claims that the company was misled when investing in auction-rate securities. A hearing on the request is scheduled Thursday in U.S. Bankruptcy Court in Richmond. LandAmerica says the securities… Read more »