Carmax is reporting that from March to July, searches for hybrids on carmax.com have risen 43 percent. You can read the company’s press release here.
Aaron Kremer
Aaron Kremer is the founder of Richmond BizSense. Email him at [email protected].
Even drug dealers see costs rising
Drug dealing may be illegal, but it still follows the laws of supply and demand. Because drugs are harder to sell in Richmond, prices have gone up. Or, more specifically, the prices have remained consistent for buyers – but the amount of drugs they get for the price is going down; that is, the size… Read more »
Segways for college students?
College essentials: Laptop. Mini fridge. Segway? Buck Ward is hoping that last one is the new big vehicle on campus. Ward, who owns Segway of Richmond in Shockoe Bottom, just started an advertising campaign aimed at college students. He attended the back-to-school night on Friday at VCU and has a blurb in the university’s magazine.
Co-founder and CEO at InterActive Financial Splits
Travis Weisleder, the founder and CEO of InterActive Financial, left the company around three weeks ago. A company spokeswoman confirmed his departure but would not elaborate as to why, or what he might have planned next. Weisleder could not be reached. InterActive Financial owns a series of websites including carloans.com, which helps consumers with imperfect… Read more »
A flood of bankruptcies could sink more boats
Spurred by housing sector woes and the ensuing credit crunch, bankruptcies around Richmond are spiking to the highest levels in a decade. Most filers in the area are individuals who can no longer tap equity in their homes to pay off credit cards. But the enormous rise in bankruptcies is also spilling over to the… Read more »
Selling Recess
From afar, it looks like gym class. Only the guy rolling the rubber ball towards home plate has a 5 o’clock shadow and beer gut. And the girl playing first base, wearing makeup and tight tube socks, just told her friend she’s f$*%ing awesome. Everybody clearly drove to the park. Some seem to be drinking… Read more »
It’s time for change, reverse the ad spending slump
A close presidential race – especially for Virginia’s Electoral College votes – could provide a much-needed boost to Richmond’s media companies. TV stations will likely benefit the most, those familiar with the topic say. But catering companies, venues, and consultants might get smaller pieces of the election-spending pie.
New restaurants closing
At least two new restaurants have closed. Infuzion, a dance club/lounge in Scott’s Addition and Cirrus, an upscale restaurant/bar in the Fan have both closed. At least two new restaurants have closed.
The Spin Zone: PR firms pitch websites but still rely on the printed word
Public relations and media relations professionals are finding that like the mainstream media, they too must adapt and move resources to better tap into online outlets. But they say print has maintained its value and cachet. It used to be that if you wanted to promote your company or were in the business of public… Read more »
Possible new owner for Richmond baseball team?
A savvy entrepreneur might make a bundle by bringing another minor league team to Richmond and running the entertainment business. Profit margins can approach 20%. And according to a great profile in the latest Portfolio Magazine, owning a minor league team is the hot thing for celebs. Might that apply locally??