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    Old Country Buffet owner keeps location in state after shutting down 74 restaurants

    A company that was headed for a time by a Delaware food  restaurant  veteran has closed 74   buffet locations. Ovation Brands operates  Old Country Buffet, which has   a location near Christiana Hospital south of Newark. That location  remains open.  Prior to the latest closings, the company had more than 300 restaurants. Nation’s Restaurant […]

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    Stein Mart to open Concord Pike store in March

    Discount fashion store  Stein Mart  will open its first Delaware store in north Wilmington  next month. The store will open at Concord Square at  4221 Concord Pike. The Concord Pike area remains popular with retailers, due to the lack of a sales tax in Delaware. It is one of a half-dozen stores that will open […]

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    Developers shift focus to apartments as office, retail markets remain stagnant

    Developers are focusing on multi-family projects as office and retail activity remains flat or on the decline. That was the message coming out of a breakfast discussion held by the Urban Land Institute at the Goodstay Center on the University of Delaware Wilmington campus. Michael Hare, senior vice president of  Buccini /Pollin Group (BPG)  Wilmington; […]

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    Snowy weather, growing inventories put downward pressure on gas prices

    The snowy weather did not halt  the decline in gas prices in the region. Delaware saw its gas prices drop by five cents  to an average of $1.74 a gallon during the past week,  Wilmington-based AAA MId-Atlantic reported. Nationally, gas prices have spent more than 30 consecutive days below $2 per gallon and could head […]

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    Emory Hil lead investor in purchase of Glasgow Medical Center

    Emory Hill Real Estate Services is the lead investor in the recent acquisition of Glasgow Medical Center adjacent to the Peoples Plaza shopping complex off Route 40 in Glasgow. Emory Hill  is also handling the brokerage and property management of the medical office building. The sales price and the identity of the seller was not […]

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    Charter school gets bad report card from state auditor

    A report from the State Auditor’s office indicates that  Providence Creek Academy Charter School (PCA) lacked sufficient controls that would have prevented funds from misuse. The school is located in Clayton on the Castle-Kent  county line. Click here for the full report. The office found “PCA’s deficient fiscal operations and close network of personnel led to […]

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