A Richmond ad man bought the firm he worked at and wants to grow it by signing more community banks. Another marketing firm gets ready to move into a 6,000-square-foot office in formerly vacant building on Broad Street.
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NewsFeeds 4.14.10
Norfolk-based Blackhawk Products Group is sold (Virginian-Pilot) Blackhawk Products Group, a Norfolk-based provider of tactical military and security gear to the armed forces and law-enforcement agencies, has been acquired by Alliant Techsystems Inc., or ATK, headquartered in Minneapolis. Officials recall that in ‘70s no one backed plan for Downtown Mall (Daily Progress) Three of the… Read more »
SunTrust in talks to sell investment units
The Atlanta-based regional bank is in negotiations to sell parts of its institutional investment management business, which includes a local investment firm.
Could SunTrust be sold?
SunTrust, a regional bank with major offices in downtown Richmond, might be an acquisition target of an international bank, according to a Credit Suisse investor report. SunTrust is the nation’s seventh largest bank by assets and deposits. From an article in the Washington Business Journal: The analyst said Winston Salem, N.C.-based BB&T Corp. is the… Read more »
Landlord locks out restaurant owner
Employees of the Max & Erma’s restaurant at Reynolds Crossing arrived one morning to find a padlock on the door.
Demolition begins on former S&K building
The warehouse section is being razed to make way for parking for a new for-profit school, Stratford University.
NewsFeeds 3.25.10
Political Plates (Style Weekly) How the city’s meals-tax hike six years ago became a heavy burden on struggling restaurants. Economic blight contributes to high homicide rate in Newport News (Daily Press) The poverty and economic blight that plagues many Newport News neighborhoods is the primary reason the city had a homicide rate last year that… Read more »
Newsfeeds 3.22.10
Health safety-net groups get $1 million (Times-Dispatch) Record-breaking numbers of uninsured patients have inspired a $1,025,000 donation from the Virginia Health Care Foundation to 14 health safety-net organizations across the state. Dollar Tree branches out to test new food market (Virginian-Pilot) Dollar Tree Inc. is testing an expanded grocery store concept called Dollar Tree Market,… Read more »
The Herd: New Hires & Promotions for 3.17.10
A big and diverse Herd this week, including a new sustainability manager for the City of Richmond and a lawyer-turned-VP-of-communications.
Bus for party-goers may add UR loop
To the Bottom and Back, a free bus for imbibing party-goers, is set to make its first route expansio