All posts in category Business

Hometown brand

Driving home from Raleigh one spring night with my car windows rolled down, I stopped at a traffic light. A car pulled up beside me, and the driver hollered out, “You must be going to Chapel Hill. I can tell by your bumper stickers.” Chapel Hill used to be known as an enclave for liberals: […]

Snow day

“Work from home,” Gov. Pat McCrory told North Carolinians, in a well-meaning entreaty to keep people from traveling on icy roads last week. And the governor and I did work from home, and maybe you did, too. But what about the people who work at grocery stores or fast-food places or who rely on tips […]

Be our guest

Business investors have figured it out before some of the rest of us: Chapel Hill is a nice place to visit, but you wouldn’t want to live here. When Town Council meets next on Wednesday (the regular Monday night meeting has been shifted due to the Martin Luther King Jr. holiday), members will consider a […]

Parade of new businesses

The Holiday Parade marches down Franklin Street this Saturday, starting at 10 a.m. in front of the post office. Here’s a list of businesses along the parade route that are new in the past year, and some that have closed: Top This! opened in the former Jack Sprat Café spot. Insomnia Cookies opened where Clothes […]

Small town, big money

The Age of Private Equity Transactions has arrived in Chapel Hill. Private equity transactions are nothing new; they got a lot of press coverage during the 2012 presidential race because Mitt Romney’s Bain Capital specialized in them and made Romney rich. This is the concept: Buy an asset with borrowed money; resell it at a […]

3 Birds struggles to fly

When it first hatched in 2010, 3 Birds could have nested anywhere in the country. The three founders – Layton and Kristen Judd and Leonard Wohadlo – chose Chapel Hill, in part because of the proximity to the young talent pool provided by UNC. Initially, 3 Birds hired as many as a dozen interns a […]

Buy local

Last Wednesday, you had the chance to buy local, and it had nothing to do with the Carrboro Farmers’ Market. On July 24, a local company that has invested in Chapel Hill sold 2.5 million shares of its stock in its initial public offering. Heat Biologics, a biotech company working on cancer immunotherapy, moved from […]

It’s only a slice

Don and I live simply. Because we are so focused on paying our high property taxes (purportedly the highest in the state), we rarely go out to dinner. But once in a while, we’ll pick up a pizza to go. Last night, Don called Tedesco’s, our favorite Italian joint, to place an order, but the […]

Too lucky?

Council members must count how many of their colleagues attend an event lest enough of them gather in one place that they violate open meeting laws. Must they also count how many door prizes they win? The Friends of Downtown, at its holiday meeting on Dec. 6, gave out door prizes donated by downtown merchants. […]

Give them the business

From the way businesses have sprung up downtown, you’d never know that we’ve been through four years of a down economy started by a financial meltdown and we’re teetering on the edge of a fiscal cliff. Here’s a by no means exhaustive list of businesses that have opened downtown in the past year: Sweet Frog […]