Luck Stone Corp. Goochland Expansion
Posted: September 29, 2006 | Author: Nathan Hughes | Filed under: Company News | Leave a comment »Richmond.com heralded the expansion in Goochland of the Luck Stone Corporation headquarters. Luck Stone has "become the largest
private employer in Goochland County."
Link: ‘More Luck than Ever ‘:
Company officials yesterday unveiled plans for a $25-million expansion and renovation of the company’s corporate headquarters at an unveiling ceremony.
After planning for the past 18-months, Luck Stone now has plans for a 60,000 square-foot expansion of its current 35-year-old headquarters building and a total renovation of its existing 25,000 square feet of office space.
Independent Pharmacies Being Swallowed
Posted: August 25, 2006 | Author: Nathan Hughes | Filed under: Company News, National News, Retail | Leave a comment »By now, I’m sure everyone has heard the news that Rite Aid is buying the Brooks and Eckerd chain of drugstores, making it the largest chain on the East Coast. If you haven’t heard the news, check out these stories:
USA Today: Rite Aid to buy Brooks, Eckerd
RetailNet.com: Rite Aid confirms Brooks-Eckerd purchase
RTD: Rite Aid to buy Eckerd stores
Now that we’re all caught up on the news, let’s review the consequences underlying this big merger. In this era of mega-supercenters (a la Walmart and Target), the little guy either learns to adapt and leverage the boutique concept, or they get squeezed out. We have seen this over and over again in different retail industries.
This is being played out in the pharmacy sector, as well. On USATODAY.com, the article entitled "Amid Rite Aid deal, independent drug stores ailing" summarizes some of the details that independent pharmacies totaled 47% of all stores in 1994, but they are now only 32% of the total stores.
The only independents I can think of in Richmond are the one on West Cary Street by VCU and Westwood Pharmacy. Anyone else?
COMPANY NEWS from the RTD
Posted: July 10, 2006 | Author: Nathan Hughes | Filed under: Company News | Leave a comment »Link: TimesDispatch.com | COMPANY NEWS.
COMPANY NEWS
Richmond Times-Dispatch
Jul 10, 2006
NEW BUSINESS/OPENINGS
- Richard B. "Rick" Chess has formed the Chess Law Firm, which will focus on real estate, capital formation, government relations and taxation. The office is at 10800 Midlothian Turnpike, Suite 239.
ACQUISITIONS/MERGERS/EXPANSIONS
- Comtel Communications has acquired the telecommunication assets of East Coast Communications.
- Genworth Financial has agreed to acquire AssetMark Investment Services Inc., Pleasant Hill, Calif.
RELOCATIONS
- Atlantic Resource Group Inc. has relocated to 4880 Cox Road, Suite 100.
- Thompson, Siegel & Walmsley Inc. has moved to 6808 Paragon Place, Suite 300.
- VHI Transport Inc. has moved its freight logistics operation to 4525 Lee St. in Chester.
- The office of Drs. Melhorn, Melhorn and Quarles has relocated to 1504 Santa Rosa Road, Suite 103.
CONTRACTS
- Riverside Logistics will use CargoWise Forwarder software by CargoWise edi.
- Madison Main will design a Web site for Eperitus.
DISTINCTIONS
- The Computer Solution Co. Inc. and its Forensic Advantage software were selected as a Microsoft Worldwide Partner Awards Finalist for Technology Innovation Partner of the Year.
- Schnabel Engineering Inc. has been ranked 329 on Engineering News Record’s 2006 list of the Top 500 Design Firms and seventh among geotechnical engineering firms.
Company news, published each Monday, reports on local company formations, business relocations and expansions, awards and significant contracts.
Send information to: Company News, Metro Business, the Richmond Times-Dispatch, P.O. Box 85333, Richmond, VA 23293-0001; Fax: (804) 775-8141.
Company News from the RTD
Posted: June 5, 2006 | Author: Nathan Hughes | Filed under: Company News, General | Leave a comment »Link: TimesDispatch.com | COMPANY NEWS.
COMPANY NEWS
Richmond Times-Dispatch
Jun 5, 2006
MERGERS/EXPANSIONS
Mercer Staffing Inc. and Quantum Resources Corp. have become ClearPoint Resources Inc.
RELOCATIONS
All American Mortgage Corp. has relocated to 1415 Eastridge Road.
CONTRACTS
Riverside Logistics has been retained by Outdoor Kitchen Creations to provide warehousing and distribution.
Burford Co. has been retained by the Carytown Merchants Association for marketing services.
AWARDS
Neathawk Dubuque & Packett received 10 Awards of Excellence, 11 Awards of Distinction and four Honorable Mentions at the Communicator Awards.
Company News from the RTD
Posted: May 31, 2006 | Author: Nathan Hughes | Filed under: Company News, General | Leave a comment »NEW BUSINESS/OPENINGS
T. Michael Blanks Jr. has formed his own
firm, T. Michael Blanks Jr. & Associates, specializing in divorce
and family law, estate planning and small businesses. The office is at
311 S. Boulevard.MERGERS/EXPANSIONS
Smartbox has opened a franchise in Atlanta.
CONTRACTS
PJP Building Three has selected W.M. Jordan Co. to provide
construction management for a new office building at Peter Jefferson
Place in Charlottesville.Spruce Knob Seneca Rocks Telephone of Riverton, W.Va., has selected
Mapcom Solutions’ M4 Solutions to map and manage its central office and
outside plant.Vital Data LLC, Home Care Connection and Richmond.com have retained Stuart Marketing Group for marketing services.
AWARDS
Franklin Street Marketing received three Superior Awards and two
Meritorious Awards at the Virginia Society for Healthcare Marketing and
Public Relations.Getloaded.com received an Industry Advancement Award from the Transportation Intermediaries Association.
This story can be found at RTD .