On Monday, Toad’s Place of Richmond LLC filed for Chapter 7 liquidation in U.S. Bankruptcy Court. The club closed in March when the landlord changed the locks. At that time, the venue fell four or five months behind on its $40,000 rent.
Forget Big Brother. From its headquarters in Powhatan County local startup InteliTap, tracks kegs of beer from the brewery to the moment its contents are poured into a customer’s frosty glass. The company can notify a bar owner anywhere in the world when a barkeep is a little too generous with a pint of the good stuff. And business is set to grow 80 percent this year.
You know how co-workers or friends e-mail you articles or videos they think you might enjoy? Twine acts as an aggregator, allowing users to post those links directly to their Twine. Then they can match up with other Twiners who share the same interests. There could be a lot of potential there down the road if enough people jump on the bandwagon.
Both non profit hospitals in Richmond are still very much operating in the black, but large investment losses are dragging down their financial performance, and that could clog the pipeline for new buildings and potentially increase the cost of borrowing in the future. And both say more patients are postponing certain care and having more trouble paying.
One of Richmond’s fastest growing firms is taking a small step back, laying off employees on account of the recession.
Two auto bankruptcies in two months. RBS catches up with Donald Hall, of the VA Automobile Dealers Association for his insightful analysis of how this will play out locally.
Paul Kitchen, CEO at a new health insurance startup, says costs can be better contained when consumers approach their health care bills the same way as other purchases, and reap the rewards of living healthier lifestyles.
The two firms leading the development effort, Commonwealth Commercial Partners and Dominion Realty Partners, have been mostly quiet on the project since first announcing their intent at the end of last summer. But engineers filed permits last week to start around $18 million in renovations.
Terry’s Tire Town,a Mid-West based tire distributor, leased 90,000 square feet of at 4501 Carolina Avenue in Henrico. Smoothie King, a national smoothie franchise, leased 900 square feet at 10871 W. Broad St. in Henrico. International Special Risks, Inc., a marine insurance brokerage, leased 2,500 square feet at 730 Glen Forest Drive Suite 405 in Henrico. Click on the link to read the rest of the deals.
More and more people each month are signing up for food stamp benefits. Richmond localities can expect an increase of more than 25 percent in monthly cases this year, according to projections based on data from the Virginia Department of Social Services.