Blog schmog: Read about it in my book Writing a book remains a popular pastime and calculated strategy for local business leaders. For some, authoring a book – with or without a ghostwriter – is a way to demonstrate expertise and establish street cred to promote consulting. For others it’s a ticket to the speaking… Read more »
Aaron Kremer
LandAmerica postpones release of earnings
LandAmerica has postponed the release of its third quarter earnings, in what is likely an ominous sign for the struggling Glen Allen-based title insurance company. “The release has been delayed to allow LandAmerica additional time to complete the preparation and review of its financial statements for the third quarter ended September 30, 2008,” the company… Read more »
LandAmerica cuts 20 percent of Richmond office
LandAmerica Financial Group laid off about 120 of the 600 workers at its Richmond headquarters Monday, according to a company spokeswoman. Many of the affected packed up and left the company in the middle of the afternoon.
RBS Ad Report Card: VCU Hospital’s strong dose of scary
The ad’s goal is is to make sure people know that the new $184 million facility is available, but might the ads just be too darn depressing?
Circuit City closes three VA stores
Circuit City will close three stores in Virginia as part of a move to preserve cash at the badly bleeding electronics retailer. Two are in northern Virginia and one is in Charlottesville.
LandAmerica lays off 130
LandAmerica laid off around 130 of its 600 workers in Richmond today. Those who are still employed are bracing for a possible liquidation of the company, according to a source inside the Glen-Allen-based company. Employees who were let go on Monday were packing up their belongings and leaving for good. Late last week LandAmerica laid… Read more »
Pipeline: commercial real estate roundup for 10.31.08
Morgata LLC purchased the medical office building at 8201 Atlee Road in Mechanicsville, VA, from Meadowbridge LLC for $1.6 million, or approximately $133 per square foot. Innovision Investment Group acquired the industrial property at 1400-1422 Chamberlayne Ave. in Richmond, VA, from Jackson & Edney Investments LLC for $1.74 million, or about $23 per square foot…. Read more »
Entrepreneurs coming out of woodwork
More people might be starting businesses now that major employers are laying off workers or curtailing raises and career advancement. The Virginia Department of Business Assistance reported that activity for the Business One-Stop website rose 30 percent in October compared with September. Business One Stop helps potential business owners learn how to launch ventures in… Read more »
Sarah Palin for Halloween — Join the crowd
So you want to be Sarah Palin for Halloween — Join the crowd. I predict that at least 50% of women in Richmond ages 18 to 30 will be Sarah Palin for Halloween. It’s an easy costume for brunettes with glasses. Plus it can be a “sexy” costume without too much extra effort.
Bracing for the ad pullback
It comes as no surprise that local marketing firms and sole practitioners are bracing for a slowdown, and the outlook will probably get worse as state and local nonprofits slash 2009 budgets amid declining revenue.