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 past Saturday I went…
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 though prices are still going…
“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 store Carousel Toy…
“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 food asian restuarant,…
“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 estate agent On the…
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 period. In fact, default…
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 reported on Friday (subscription…
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 agent named Robert Koppel…
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 Viread. It is also a…
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 top of an industry-wide…