Investments Blog
Goochland’s Greenswell Growers seeing ‘exceptional growth’
After taking the time to develop a new product, Goochland indoor farming company Greenswell Growers is seeing “exceptional growth,” according to President Carl Gupton.
The company grows lettuce and other leafy greens in a greenhouse operation. Greenswell launched a co-branded product last month with Ukrop’s Homestyle Foods. That product is available at around 90 Kroger stores in the Mid-Atlantic region, and Gutpon said the company is about to make a Greenswell-only branded product available…
Curate will open KC culinary center for chefs, restaurateurs
A Minneapolis company will open a culinary center that allows professionals in the restaurant industry test out equipment before buying it, while also offering suggestions for efficiency and ways to expand.
Local Cantina opens its long-planned Trolley District restaurant and bar
As the relocating Spaghetti Warehouse figures out its trolley dining future, there’s another option for folks who want to eat in a retired bit of classic transportation.
Jenny Craig is likely to go out of business
The future of the Jenny Craig weight-loss brand is getting bleaker.
NBC News reported Wednesday that a memo to employees stated that all employees will be laid off, according to an internal memo.
The inability for the company to secure additional financing is the main reason, per NBC News, which first reported last week that Jenny Craig was closing all its brick-and-mortar stores.
The last day for corporate and salaried employees will be May 5. and hourly employees' last day was Tuesday, May 2.
But…
Court rejects Portland plaintiff’s suit over Kroger jam labeling
The lawsuit argued that, despite its name, Just Fruit's main listed ingredient was fruit syrup and that it also contained other non-fruit ingredients.
Five Points neighborhood grows as a food and drink hotspot on the West Side
There’s still opportunity for others to join in the neighborhood: 492 Rhode Island St., where Providence Social closed in 2018, is on the market for $780,000.
Restaurant giant Darden buys Ruth’s Chris Steak House in $715M deal
Once the deal is complete, Ruth's Chris Steak House will be the ninth chain restaurant brand in Darden's portfolio.
Starbucks eyeing possible new locations in Arden-Arcade, Roseville
Representatives of Seattle-based Starbucks Corp. declined to immediately comment on the locations, but public records provide additional information about what could be in the works.
Darden Restaurants to buy Ruth’s Chris Steak House parent in $715M deal
Darden Restaurants Inc. (NYSE: DRI) — the nation's largest restaurant company — plans to make its portfolio even bigger with the purchase of the parent company of Ruth's Chris Steak House, one of the largest fine-dining steakhouse restaurant companies in the U.S.
Orlando-based Darden joined with Orlando-based Ruth's Hospitality Group Inc. on May 3 to announce that the two entered a “definitive merger agreement” in which Darden will make a tender offer to acquire all outstanding shares of Ruth's…
Almond acreage expected to continue to decline in the coming year
New numbers confirm what many in the agriculture industry suspected — the tide of almonds in California is receding.