European-styled Café Gutenberg in Shockoe Bottom is under new management. The restaurant’s chefs, Jen Mindell and Garrett Barry, purchased the restaurant from the previous owner last month. The restaurant is closed while Mindell and Barry refine the menu and revamp the interior.
Aaron Kremer
Aaron Kremer is the founder of Richmond BizSense. Email him at [email protected].
What we’re reading: Portfolio’s great slideshow on the economy
Porftolio.com, the website of the wonderful business magazine Portfolio, has a neat slideshow featuring 18 varied national figures and they’re succinct thoughts on the economy. A few highlights: Eric Maskin: Co-recipient of the 2007 Nobel Prize in economic sciences. By January 2010, the economy will be on the road to recovery. If all goes wrong,… Read more »
The Monday Q&A: No loan, no more business
As banks cut back their ending, small businesses are having more and more trouble staying alive. How that plays out locally depends on who you talk to. Andy Schwabe is filing for personal bankruptcy after losing more than $200,000 of borrowed money on a failed children’s gym called Romp n’ Roll.
NewsFeed 2.9.09
Arise, Miller & Rhoads (Times-Dispatch) The landmark building, which closed in 1990, reopens this week as a $110 million hotel and condominium complex. It is the latest in a series of projects resuscitating a decrepit strip of East Broad Street. Making a hometown brew (Roanoke Times) The next time you frequent a local watering hole,… Read more »
S&K Menswear files Chapter 11 Bankruptcy
Richmond-based men’s clothier S&K Famous Brands, Inc has filed for Chapter 11 Bankruptcy Protection in an effort to get out of leases, trim costs, and prevent further erosion of vendor confidence. The company lists assets of $41,440,100 and debts of $35,499,000 (not including operating leases). There will be a hearing at 2:00 today in Richmond.
Discounts for laid off workers
Tax preparing businesses are competing to offer the best discount to formerly laid-off workers. Jackson Hewitt is slashing its fees 50% for laid-off Circuit City workers. Liberty Tax is letting Qimonda employees file for free. Qimonda announced Tuesday it was shutting its plant, laying off 1,500 workers. And People’s Income tax is offering 50% to… Read more »
Op/Ed Inside Circuit City’s implosion
By Elizabeth Barron Not all of us come with a built-in Intel processor, but the current economy has forced me to step up my cognition. On Friday, Jan. 16, I waited anxiously with my Circuit City colleagues for news about the company’s future. We paced back and forth. We chewed on leftover holiday candy. We… Read more »
NewsFeed 2.6.09
Smoking ban advances (Times-Dispatch) The Republican-controlled House of Delegates — the last barrier to a further clampdown on smoking in public — could vote as early as Monday to ban lighting up in restaurants and bars across a state built in part on the riches of tobacco. Hard times hit Mattress King (Times-Dispatch) Henrico County… Read more »
The Pipeline: Commercial Real Estate Round Up for 2.05.09
REM Properties purchased the Shoppes at Bell Creek from private investors for $9.5 million. The 65,800-square-foot shopping center is located on Bell Creek Road in Mechanicsville. It was constructed in 2003. Grubb & Ellis Harrison & Bates reports that Pine Dell Shopping Center LLC purchased the 16,000-square-foot Pine Dell Shopping Center from Pine Dell Corp… Read more »
Pay-Per-View goes online
A serial entrepreneur might have just the ticket to help sports arenas and other venues make money from fans who would rather stay home. Jermon Green is rolling out Be There on Demand, a web-based company that allows a venue to stream live or taped content on the Internet. The company provides the technical know-how… Read more »