After the national retailer filed for bankruptcy last week, it published a list of more than 1,700 stores it may close by the end of March. On the chopping block are 11 local stores totaling 27,000 square feet.
RadioShack aftershock reaches Richmond
Michael Schwartz
Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.
Bank launches student debt program
A Midlothian bank is rolling out a plan to tap into a huge market of college grads who need to restructure their student loans.
Finance vets fire up advisory firm
A new financial firm has launched downtown that aims to build its business on straightforward 401k plans for small companies across the state.
Trading Day: Local SEC filings for Feb. 5, 2015
The number two executive at Richmond’s richest company is stepping down. Plus, shuffling in the executive ranks at a Midlothian bank, a $2 million option cashed out by a local insider and dividend season continues.
Merger scoops up 30-year-old Ashland firm
A Philadelphia-based industrial firm has acquired an Ashland company, continuing the new year’s M&A streak.
New bank builds its manpower
Shorty after a huge merger brought it into the Richmond market, the newest bank in town is siphoning off talent from its competition.
Eyeing IPO, food dealer broadens its reach
One of Richmond’s biggest privately held companies, which is weighing an IPO, has a deal in the works that could help it capitalize on the controversial combination of its two largest rivals.
Another startup pops up in the bubble business
A second Richmond startup is banking on a new sport that puts soccer players inside huge inflatable bubbles.
Golf club’s new owner lines up major upgrades
A Glen Allen golf club’s sales price far surpassed that of other recently sold courses, and its new owner is pouring an additional $2 million into renovations.
Trading Day: Local SEC filings for Jan. 29, 2015
It’s bonus season for local execs with companies dishing out six-figure payouts around town. Plus, a local bank director resigns and an outgoing Genworth exec signs a lucrative post-retirement pay package.