News

Local sales shrink 7.5 percent in two years

Sales at metro area businesses continued to decline in 2009, falling almost 6 percent from 2008, according to data from the Virginia Department of Taxation.

Toyota ‘firestorm’ continues

First it was Ford’s problems with the Pinto’s exploding gas tanks. Now it is Toyota that is in the throes of what Virginia Commonwealth University economics professor George E. Hoffer calls the industry’s fifth “major safety firestorm.”

Foreclosures 2.16.10

Foreclosures rose dramatically in the past week, and were once again focused on the city of Richmond more so than the outlying counties. REO properties, however, were down to a mere 11, but the number of public auctions, and properties awaiting public auction dates increased severely.

Speakers say bill would save streams, kill jobs

The debate over mountaintop removal is heating up in Richmond. A Senate committee heard passionate pleas last week about a bill that supporters said would save the environment but opponents said would cost coal industry jobs.

Monday Q&A: Building an empire one oat at a time

Zaydie’s isn’t a household name – yet. But if Janice and Shelley Freed have their way, it soon will be. The mother and daughter are co-owners of Zaydie’s Granola, which they make in their western Henrico County home and distribute to gourmet and health food stores in the Richmond area and throughout the state. You… Read more »

Today’s special: A mobile app for restaurants

These days, a good website is almost as essential to a restaurant’s success as its kitchen. Local software developer Eddie Peloke is betting that iPhone applications are the next frontier for restaurant marketing. Peloke’s company Blue Shoe Mobile Solutions provides restaurant owners with tools to create and manage their own iPhone applications. They can then… Read more »

Baseball at the Byrd

It wasn’t opening day, but if Thursday’s coming out party for the Flying Squirrels’ team mascot was any indication then Richmonders can’t wait for the first pitch.

Forget the recession — what about the snow?

As if the down economy isn’t bad enough for area retailers, a rash of snowstorms that began in late December is delivering a second body blow to merchants.