Ronco, the infomercial powerhouse behind Veg-O-Matic, files for Chapter 11 bankruptcy
Ronco Holdings Inc., which popularized the infomercial tagline “But wait, there’s more” and sold household gadgets such as the Pocket Fisherman and Veg-O-Matic, has filed for Chapter 11 bankruptcy protection.
Rondo Brands, which was incorporated February 2017 in Austin to become the holding company of Ronco Holdings, announced plans more than a year ago to raise $30 million through a “mini-IPO” of 5 million shares at $6 per share.
That funding effort failed, according to the New York Post, which…
The Iberian Pig looks to open this winter in Buckhead
Construction is underway on The Iberian Pig's new location inside the Hanover Buckhead Village development, and the tapas restaurant looks to open its doors this winter.
The 4,500-square-foot restaurant will be Castellucci Restaurant Group's first brand in Buckhead. The original Iberian Pig opened in the Decatur Square in 2009, and the group has since opened a location with a limited menu inside the Mercedes-Benz Stadium.
“The Iberian Pig is one of our most established restaurant brands, probably…
Fast-Food Roundup: McDonald’s Dollar Menu a hit… Noodles & Co.’s new zoodles… Dairy Queen CEO to modernize the chain
Diners like the convenience and affordability of fast-food and fast-casual restaurants, a trend that shows no sign of slowing. Many of these chains have a presence across the country as they continue to expand. Here is a quick look at stories about the leading brands in the industry as recently reported by The Business Journals and other media.
It seems that a rise in the price of burgers at McDonald's didn't scare away customers in the first quarter. The burger giant said Monday that menu price…
Cincinnati Pops Orchestra adds innovative ‘Star Wars’ concert
The Cincinnati Pops Orchestra announced today it will add a bonus concert this year that features the iconic score from the original “Star Wars” while the film plays simultaneously on an overhead screen.
The Pops will present “Star Wars: A New Hope In Concert,” featuring Oscar-winning composer John Williams’ musical score performed live as the complete 1977 movie plays on an overhead screen Sept. 7-9 at Music Hall. The three performances will be led by Pops conductor John Morris Russell.
Tickets…
Build-to-suit underway for GE Appliances
The post Build-to-suit underway for GE Appliances appeared first on Colorado Real Estate Journal.
Pinnacle Real Estate Advisors brokers sale of midtown building
The post Pinnacle Real Estate Advisors brokers sale of midtown building appeared first on Colorado Real Estate Journal.
New restaurant planned for old metro Bham fire station
New life will soon be breathed into an old fire station in metro Birmingham.
The former Chelsea Fire Station on Chesser Drive will be redeveloped for a fire station-themed restaurant, according to the Shelby County Reporter.
The city of Chelsea recently approved the building for sale.
Mayor Tony Picklesimer declined to reveal project details but said work would get underway soon.
Going, going, almost gone. New homes for under $300,000 disappearing from metro Denver
The days of buying a home in the Denver metro area for under $300,000 are all but gone.
Just 1 percent of the homes started in metro Denver in the first quarter were priced below $300,000, down from 3 percent in the first quarter of 2017, according to Metrostudy, which tracks home construction in the region and other big cities. The numbers include new single-family homes, townhomes and condominiums.
And it isn’t because construction is taking a breather. Builders are ramping up this year, with home starts 14 percent higher in the first quarter than they were a year earlier. That marks the second consecutive quarter of double-digit gains, according to Metrostudy.
At an annualized rate, home starts are running above 12,000 for the first time since 2007. But much of what is being built skews above the half-million-dollar mark. Starts on homes priced below $299,999, already low, have dropped by two-thirds the past year.
Only 22 percent of the new homes started in the first three month..
Hawaii senators urge banks to take a stand against gun violence
A group of 12 U.S. Senators, including Sens. Brian Schatz and Mazie Hirono, both D-Hawaii, on Wednesday sent letters to a number of major financial institutions urging them to take a stand against gun violence and improve public safety.
“There is a growing consensus in the private sector that companies can and should take action to address the problem of gun violence in our country,” the senators wrote in their letters. “Your company’s leadership to address gun violence after Parkland can…
Richard Hill has helped shape Austin — quite literally
Richard Hill's drive to build something successful — and to make friends while doing that — helped him become one the most well-respected figures in Austin's commercial real estate industry. Over his 38-year career, Hill has been directly involved in developing about $4.5 billion worth of commercial product at Trammell Crow and now HPI Real Estate.