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S&K’s Demise: An Interview With Former CEO Joe Oliver

Another Short Pump-based retailer will be winding down in the unglamorous fashion of a going-out-of-business sale. Just like Circuit City before it, at the end of its corporate life no other company was interested in buying S&K Famous Menswear and trying to turn it around.
Not even Stuart Siegel, the son of the founder who owned […]

How Much Will LandAmerica’s 1031 Customers Recover?

The saga keeps getting worse for 450 former LandAmerica customers who last fall tried to complete a simple real estate deal and now can’t get funds they thought would be safely held for a few months by the formerly Innsbrook-based Fortune 1,000 company.
With every passing month, legal expenses are gobbling up millions of a […]

Is Circuit City Back From The Grave?

It’s still alive, sort of. A computer firm called Systemax Inc. is seeking to buy the trademark names and rights to the Circuit City website for $6.5 million. The company was headquartered in Short Pump. There will likely be an auction May 11th for the rights.
Systemax previously bought similar rights to CompUSA. And former […]

Henrico Names New Economic Development Head

Henrico County has announced a new director of economic development. Gary R. McLaren has been named executive director of the Henrico Economic Development Authority, replacing Fred Agostino, who retired in December. McLaren, a graduate of the University of South Carolina, has been the deputy director of the Virginia Economic Development Partnership (second in command) since […]

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