News

Local universities keep builders building

Virginia Commonwealth University and the University of Richmond are spending $155 million on current projects, building dorms, stadiums and research centers. That’s been a blessing for some local construction firms.

S&K To Liquidate

Just like Circuit City before it, at the end of its corporate life no other company was interested in buying S&K Famous Menswear and trying to turn it around. The company was founded in 1967 by two brothers who found a niche selling quality men’s clothes at a good price, but that niche evaporated as fewer men bought suits and the lower-end marketplace became more cutthroat. Plus, a brief Q&A with former CEO Joseph Oliver.

VCU Medical Center already paperless

VCU Medical Center has gone almost completely paperless, putting the local hospital at the fore of a federal push to digitize records.

SBA to offer debt relief in June

For Richmond businesses struggling to make monthly debt payments, a new Small Business Administration program could provide a lifeline. The emergency loan program will start accepting applications in mid-June, the agency announced Monday. Business owners interested in the program should contact their local bank.

No word on Richmond GM closings

GM dealers in Richmond are remaining tight-lipped about which dealerships might be forced to close at the behest of parent company General Motors.