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No apartments for Westhampton Theater; mixed uses likely

Businesses interested in leasing space at the site include medical practices, an architectural and engineering firm, banks, restaurants, clothing stores, a salon and spa and a specialty food shop, a commercial real estate broker said.

Local Business News

CarMax makes Fortune's best places to work list for 11th straight year

The company was one of five Virginia businesses on the list and was joined again by Capital One Financial Corp. 

Federal appeals court tosses gag order in former Massey Energy CEO's case

The sweeping order had prohibited just about anyone, including victims’ relatives, from speaking publicly about former Massey Energy CEO Don Blankenship’s case

Victor Branch named Richmond market president for Bank of America

In addition to being the bank’s leader in the Richmond area, Branch will lead Bank of America’s local social responsibility work.

Vinyl records come full circle at Plan 9

During the past year, sales of vinyl records have doubled.

Kids and Money: Picking the best college, financially speaking

Your high school senior has filled out the college applications, navigated through the standardized tests, submitted the strenuous student loan paperwork, and even squeezed in a couple of campus visits.

John Williams, Domtar

You can spend your life refining a business model that's going off a cliff. The reality is that we have a declining core business. So the key is convincing the troops where to go next and having the resources to get there.

Crime-fighting accountants? New specializations are changing long-held industry perceptions

Optimistic job forecasts for trending specializations in accounting are making the field more appealing than ever for recent graduates. Accounting jobs are projected to grow 13 percent between 2012 and 2022, according to the Bureau of Labor Statistics, with select specializations projected to grow even faster.

Bechtel Corp. relocation to Fairfax creates 700 jobs

Bechtel Corp., one of the world’s largest engineering, construction and project management companies, will invest $10 million to relocate its Frederick, Md., operation to Fairfax County as a result of global restructuring. The project will create 700 new jobs.

More
Sales strategies: Three reasons digital marketing doesn't work

If you're busy talking to the wrong customers, you won't see results from your digital marketing.

Business principles 101: If you buy the stock, you buy the liabilities and problems of a business

Most sales of small businesses are structured as transfers of the business’s assets, not as a purchase of the company’s stock, because that protects the new owner from many past problems.

Ask Doug & Polly: How do I rescue my sinking business?

A business with 25 employees is underwater and can't pay all of its employees? The owner wants help with a rescue plan. 

More Learning Center
Cameron Chandler

She's marketing manager for HHHunt Homes in Richmond. 

Decision Maker for Sept. 29: Mark Cacamis

He's the mid-Atlantic delivery manager for HNTB Corp.

Dan Mortensen

He's the executive director of the Virginia Council on Economic Education.

Petrina Jones

She's the new executive director of Virginians for the Arts.

More You Need To Meet

POWER THOUGHT

You can spend your life refining a business model that's going off a cliff. The reality is that we have a declining core business. So the key is convincing the troops where to go next and having the resources to get there.

- John Williams, Domtar

SPONSORED CONTENT

Bank On of Virginia Beach changes financial behavior

According to Virginia Beach, over 6,000 City households are “unbanked” – they do not have a bank account. They spend up to 5% of their yearly net income to cash their paychecks and pay their bills. Over 30,000 of Virginia Beach households are “underbanked” – they have a bank account, but continue to use check-cashing services, payday loans, rent-to-own stores and pawn shops for financial needs.

A conversation with your local Morgan Stanley financial advisor

Why is risk management important, and how does a financial advisor help me with it?

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Gregory J. Gilligan
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