A record number of people are filing for personal bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia, which is housed in Richmond.
Aaron Kremer
Aaron Kremer is the founder of Richmond BizSense. Email him at [email protected].
NewsFeeds 3.24.09
Playboy in search of UVa student bodies (Daily Progress) The magazine expects to pick at least one woman from each of the 12 schools in the Atlantic Coast Conference. A stop at Virginia Tech is scheduled for April 2 and 3. A spokeswoman for Playboy said each woman who auditions will be asked a few… Read more »
Midlothian Boater’s World Is Liquidating
Boater’s World, a chain of boat supply/fishing gear stores with one location in Richmond and several in Hampton Roads, is liquidating. The sale started last week. According to a representative at the Midlothian store (9700 Midlothian Turnpike) reached by phone this morning, traffic has been brisk. According to the Baltimore Business Journal, merchandise is up… Read more »
NewsFeeds 3.23.09
nTraffic drives ads to a captive audience (Times-Dispatch) nTraffic drives clients’ ads to captive audience When Darick Lane lost his job as an installation manager for Circuit City in November, he wasn’t sure what to do next. Biz travel stigma hurts local hotels (Virginia Gazette) Bad corporate actors have stigmatized business travel to the point… Read more »
Burger Shots: Are you kidding me?
You know what happens when you have too much to drink? You puke. Boot. Hurl. Burger King has decided that the way to market a mini hamburger is by calling it a “Burger Shot.” Why would you ever associate a hamburger with a 2 0z shot of liquor? Something you throw down your throat in… Read more »
Homelessness on the rise
The shrinking job market and increased foreclosures are a double-whammy for Richmonders without a safety net, leaving some no option but to live in a shelter or on the street, many for the first time.
NewsFeeds 3.20.09
Electronic signs could be coming to a business near you (Chesterfield Observer) A citizen committee is headed toward a compromise that would recommend allowing light emitting diode (LED) signs for businesses, churches and schools on many Chesterfield roads in return for limiting message changes to every three minutes. FBI taped calls of Ponzi scheme suspect… Read more »
Greenbrier files bankruptcy, could become a Marriott
The Greenbrier, the classy West Virginia mountain retreat known for its cold-war-era bunker, has filed for Chapter 11 bankruptcy protection in Bankruptcy Court in Richmond. There are no local companies on a preliminary list of creditors, however the bankruptcy work continue to accumulate for McGuireWoods, which is representing the Greenbrier. According to a press release,… Read more »
NewsFeeds 3.19.09
MeadWestvaco closing Louisa plant (Times-Dispatch) MeadWestvaco Corp. is planning to close a manufacturing plant in Louisa County, eliminating 171 jobs, as the packaging company continues to restructure its business operations. LiteSteel starts work in Botetourt (Roanoke Times) Australia-based LiteSteel Technologies launched production last month in Botetourt County at the company’s first factory and headquarters in… Read more »
More than $1 billion from AIG flows into Virginia
The AIG plot is thickening here in Virginia. According to the company’s announcement on March 15, public entities in Virginia were on the receiving end of more than $1 billion in payouts. That’s the second most of any state behind California. You can see a graph here. According to the press secretary for Tim Kaine,… Read more »