Local Business Archive

Local Restaurants And Retailers Closing Left And Right

October 31, 2008  ·  Category: Local Business, Macro Economics
Back in January, I wrote about how the fast Asian restuarant Pick Up Stix had closed its location on the corner of Douglas and Sierra College Boulevard - along with all its other Sacramento locations. This ...
Posted by Greg Feirman  ·  No Comments »

Some Signs Of Improvement In Sacramento Home Market

May 20, 2008  ·  Category: Local Business, Real Estate
DataQuick yesterday released April Sales numbers for the Sacramento region and they were somewhat encouraging.  The most encouraging number is sales volume which was up 10% for the 8-county region compared to last year.  Even ...
Posted by Greg Feirman  ·  No Comments »

Local Toy Seller Calls It Quits After 27 Years

February 12, 2008  ·  Category: Local Business, Macro Economics
"We knew that this was a make or break Christmas.  We didn't make it." - Don Snyder, owner Carousel Toy & Party  After a 15 percent drop in revenue in 2007, Don Snyder, owner for 27 years of Sacramento toy ...
Posted by Greg Feirman  ·  No Comments »

Pick Up Stix Closes All Sacramento Area Restaurants

January 20, 2008  ·  Category: Local Business, Macro Economics
"We took a hard look at our existing business in light of the current economic situation and at this time will focus on our core market." - Carlson Restuarants Worldwide Spokeswoman Amy Freshwater Pick-Up Stix, the fast ...
Posted by Greg Feirman  ·  No Comments »

Sacramento Housing Market Crushed In 2007

January 20, 2008  ·  Category: Local Business, Macro Economics, Real Estate
"What you're starting to see right now with the foreclosure inventory swelling is the banks are getting aggressive..... I think 2008 is going to be a year to remember." - Mike Toste, a Lincoln based real ...
Posted by Greg Feirman  ·  No Comments »

Sacramento Area Default Notices And Foreclosures Surge In 3rd Quarter

October 28, 2007  ·  Category: Local Business, Real Estate
The data tables in this front page Sacramento Bee article from yesterday are incredible.  Default notices and foreclosures in the 8 county Sacramento area are absolutely surging: up 158% and 516%, respectively, from the year ago ...
Posted by Greg Feirman  ·  No Comments »

Local Homebuilder Dunmore Homes, In Business Since 1954, Is Sold

September 27, 2007  ·  Category: Local Business, Real Estate
The Sacramento Bee reported this morning that local homebuilder, Dunmore Homes, which has sold almost 2000 homes locally since 2001 and has been in business since 1954 has been sold. This after The Sacramento Business Journal ...
Posted by Greg Feirman  ·  No Comments »

Sac Bee Article: Sun City Roseville Retirees Caught Up In Investment Scam

September 25, 2007  ·  Category: Local Business
I just read an interesting Sac Bee article from 3 weeks ago about how some retirees in Roseville's Sun City community got caught up in an investment fraud. They were pitched by a neighbor life insurance ...
Posted by Greg Feirman  ·  No Comments »

AIDS Drugs Power Foster City, CA Based Gilead Sciences

July 11, 2007  ·  Category: Local Business, Sentiment Analysis, Stocks
Foster City, CA based Gilead Sciences (GILD) has been on a tear the last 2 years - up more than 250% - on the strength of its leading suite of AIDS drugs: Truvada, Atripla and ...
Posted by Greg Feirman  ·  No Comments »

McClatchy Co., Owner of The Sacramento Bee and Other Newspapers, Gets Some Action

July 11, 2007  ·  Category: Local Business, Stocks
Sacrameno's best known public company, McClatchy Co. (MNI), owner of the Sacramento Bee, Miami Herald and other major newspapers, has been one of the worst stocks in the entire market the last couple of years.  On ...
Posted by Greg Feirman  ·  No Comments »