According to a WSJ article in today’s paper, restaurants are shedding jobs as consumers cut back on eating out. It’s also lowering paychecks for waiters and waitresses. RBS is still analyzing recent restaurant tax information from the City of Richmond. We should have a story about the local restaurant industry soon. Today’s WSJ story cites… Read more »
restaurant
Can’t stand the heat? Don’t open a restaurant.
Restaurant operators continue to open new eateries, but they’re facing a tougher road ahead in a fiercely competitive industry. The same number of restaurants have opened so far this year in the City of Richmond as at this time last year. But more are going out of business according to Joe Gusti, an owner of… Read more »
BlackFinn in Norfolk closes, one in Richmond doing fine
Blackfinn Restaurant and Saloon in Norfolk, which opened in October 2006, has abruptly closed. Merchants say it closed early Monday, a week after trucks rolled up and its furnishings were moved out. The one in Richmond will stay open, a general manager there said today. He said the local one is doing great business and… Read more »
The Steak and Ale restaurant closes
The Steak and Ale restaurant on West Broad Street near Glenside Drive, which closed on July 7, will not reopen. On Monday the company filed for Chapter 7 bankruptcy protection. A note taped to the door tells customers to “Visit our Hampton location.” Managers at both chains were told late Monday evening not to open… Read more »