News

Business owners look forward to ‘09

Before the bubbly started flowing, BizSense asked a few local business owners about their resolutions were for 2009. Here are the responses:

Contractors awaiting payment for work in Short Pump

Work continues at the mixed-use complex of West Broad Village in Short Pump, but several contractors have filed liens to make sure they get paid. Since October, seven companies have filed nine mechanic’s liens totaling more than $3.7 million against property owned by Unicorp National Development, the Florida-based developer of West Broad Village.

UR business dean leaving for GMU

Three and a half years ago Jorge Haddock became the dean of the Robins School of Business at the University of Richmond, but he won’t be there much longer. Haddock accepted an offer earlier this month from George Mason University in Fairfax to become the new dean of their School of Management. The GMU board… Read more »

Shockoe Bottom firehouse part of block-wide plan

A derelict block in Shockoe Bottom is about to get a major makeover. A group of local developers plans to turn the block into a mixed-use development with more than 200 residential units, 12,000 square feet of retail space and a restaurant. Construction could start next month. Developer Marcus Galt has spent the past two… Read more »

Owens & Minor to sell diabetes-supply business

Owens & Minor announced today they are selling their direct-to-consumer diabetes-supply business to a Pennsylvania-based medical-management company. Liberty Healthcare, a privately held company, will pay $63 million to acquire the diabetes-supply business which includes patents and patient information. Owens & Minor will retain remaining assets and debts associated with the business and continue to collect… Read more »

“Perfect Storm” watch

Memo to everyone, please stop using the expression “Perfect Storm.” It’s not only a cheap attempt at trying to make something sound more important, but it’s also misleading. It insinuates that a given event or consequence was a confluence of factors that nobody could have predicted. And more insidiously, it displaces blame from people who… Read more »

Pad the résumé, just not too much

Teachers love to tell their students that liars and cheaters never win. But when was the last time they updated their résumés? As local companies shed jobs by the hundreds, the job hunt is becoming more cutthroat by the day. Laid-off employees – or those who just want to be prepared – need to update… Read more »

Shopping cart manufacturer shuts down

It appears Rehrig has gone belly up and shuttered its 317,000-square-foot plant. More than 100 workers are likely out of work and local businesses that were owned money might not get paid. The phones are dead and the parking lot abandoned at a Chesterfield-based shopping cart manufacturer.

Lottery sales dip

Although some people might be feeling poorer and more desperate to win money, sales of scratch and lottery tickets are falling. The lackluster economy is having a mixed effect on Virginia Lottery sales. Although some people might be feeling poorer and more desperate to win money, sales of scratch and lottery tickets are falling. So… Read more »

Chamber rethinks fundraising strategy

Your business contacts and vendors will no longer be shilling on behalf of the Greater Richmond Chamber of Commerce. In light of tighter budgets, the group said it expects that companies want their employees working on company projects and not spending time working the phones for the chamber. The GRCC decided last week to reign… Read more »