Investments Blog
KC’s DIY art studio Creative Culture paints big strokes for expansion
The DIY creative studio’s concept is resonating, pushing the Kansas City-based company to expand throughout the Midwest and eventually in the North.
Small Plates: A potential new Chick-fil-A, an Understory expansion and a Marshall’s replacement
Chick-fil-A could be replacing another longtime Central Ohio restaurant, a popular eatery wants to expand its patio and Grandview is getting another cocktail option.
Restaurant Roundup: Berg’s Ranch Saloon + Steakhouse returns to RodeoHouston; Fire at Griff’s Irish Pub
In this week's Restaurant Roundup, a first-of-its-kind restaurant is returning to RodeoHouston, a longtime Montrose pub was badly damaged in a fire, a downtown food hall has added more concepts, a local “Top Chef” contestant is opening a new restaurant and more.
Using Cincy’s arts to grow neighborhoods
Neighborhoods with regular arts activities grow housing, population and school test scores by 5-10% annually, according to Americans for the Arts. They also experience decreased crime compared to neighborhoods without regular arts activities. Is Cincinnati seizing this potential?
Of 52 city neighborhoods, ArtsWave estimates almost half have an active community arts center, arts district and/or anchor arts institution that drives significant economic activity.
Price Hill and Kennedy Heights, along…
Report: Rivers Casino temporarily closes after broken pipe soaks gaming floor
Rivers Casino temporarily closed down on Friday after a broken pipe sprayed water onto the gaming floor.
Don Pablo Coffee files for Chapter 11 bankruptcy
The company generated $16.3 million in sales in 2022 prior to the filing.
NC startup Beach Putt seeing its portable golf course gain traction after 2022 launch
About three years ago, Anthony Garofalo decided to take a beach trip with his family at Isle of Palms, South Carolina. While soaking up the sun, a random golf ball fell out of his wife's beach bag and rolled swiftly down the sand as it if were on a newly cut lawn.
“I'm like, 'Man, that's a fast green for putting,'” he said. “'I wonder if you could turn the beach into a putting green.'”
That is when the idea for his startup, Beach Putt, was born.
Garofalo spent the last roughly three years forming…
New St. Marys Strip bar Vibras set to open soon
The St. Mary’s strip is receiving a new bar called Vibras, coming from the same creative minds behind Midnight Swim.
Bern’s Steak House set to close for renovations
Bern's Steak House has announced a temporary closure will happen this summer for design enhancements.
The last day of service before the closure will be July 2, with renovations expected to last up to two weeks, according to a release.
“Bern's Steak House has always been an evolutionary restaurant, in the sense that it is constantly changing, from the aesthetics of the dining rooms and Harry Waugh Dessert Rooms to the menu, wine and spirit offerings,” said David Laxer, owner, Bern's Steak House,…
Wendy’s biggest investor no longer looking for an acquisition or merger
The largest shareholder of Dublin-basedWendy's Co. has backed off plans for an acquisition or merger.
Trian Fund Management LP and affiliated investors, which own 19.4% of the fast food chain, early last year said they were looking for a deal to improve shareholder value.
Friday, in a filing with the Securities & Exchange Commission, Trian said it was no longer pursuing such a deal, citing Wendy’s (Nasdaq: WEN) strong business moment and liquidity position.
Nelson Peltz, chairman of Wendy’s…