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Delaware Business Times
Former ShopRite chain CEO Kenny dies at 85
WILMINGTON – Bernard “Bernie” Francis Kenny Jr., the patriarch of a family-owned chain of ShopRite grocery stores who also founded an active philanthropic foundation, died Dec. 30. He was 85. A cause of death was not disclosed in an obituary, but Kenny reportedly passed away at home...
Stone Balloon redux closes in Newark
NEWARK – The Stone Balloon, or at least the latest variation of the iconic bar that featured more craft beers than future Rock & Roll Hall of Famers, closed its doors last month. Located at the site of the original two-story club that was torn down and redeveloped into...
VIEWPOINT: On the front lines of terror
It has been nearly three months since Oct. 7 when Hamas terrorists killed and kidnapped innocent civilians in Israel. My wife Cindy and I have been following closely because we were in Tel Aviv, Israel, on Oct. 7, the day the war started. We were part of our church’s Holy...
What are business leaders looking for in 2024?
In the last few weeks, the Delaware Business Times talked with lobbyists who represent major causes, associations and business interests in the First State on what they believe will come out of the 2024 legislative session – and what their clients and members are watching. Those lobbyists include James Dechene of Armitage Dechene, Kim Willson.
House, Senate leaders look ahead to 2024
DOVER — When House Speaker Valerie Longhurst was elected as the first woman to lead the Delaware House of Representatives, she will usher in a new chapter in the First State’s Legislative Hall: where all House leadership positions are held by women. “I’m excited, and I’m proud to be serving with [House Majority Leader] Rep.
Mobile sports betting launches in Delaware
DOVER – Delaware quietly became the 29th state to allow mobile sports betting last week, as the state’s new vendor launched its BetRivers sportsbook for the state’s three casinos. In August, the state lottery announced that it has selected Chicago-based Rush Street Interactive (RSI), which operates brands...
Delaware restaurateurs monitor trends, tools in 2024
WILMINGTON — With social media continuing to break down barriers with food experiences, the Delaware Restaurant Association is starting to consider what it means in a small state, and how to best leverage it as a marketing tool. The National Restaurant Association's 2024 What's Hot Culinary Forecast highlights predicted trends that range from dishes like.
Delaware minimum wage rises to $13.25
Delaware continued its march toward an eventual $15 minimum wage with an increase of $1.50 an hour on Monday. The new hourly minimum wage of $13.25 an hour, effective Jan. 1, applies to tens of thousands of workers around the state – although perhaps not to the extent that proponents had envisioned in 2021 when they approved the prorated hikes that conclude next year.
Top 10 Delaware commercial real estate sales of 2023
The past year saw real estate sales for Delaware commercial real estate fall precipitously from sky-high transactions in 2022. It was evidence in part of the impact of higher interest rates and more restrictive lending amid the fight against inflation that tamed business deals over the past 12 months. While 2022 saw seven commercial sales.
KSI opens renovated wing in Milford office
MILFORD — Kent-Sussex Industries recently celebrated long-awaited renovations at the Life Enrichment Center, marking a milestone in the total transformation at its Skill Development Center in Milford. The nonprofit focused on serving people with disabilities in central and southern Delaware cut the ribbon on improvements at the center on...
Terrarium startup OBEnaturelle tops 2023 Hen Hatch
NEWARK – Lauren Roberts caught the entrepreneurial bug at a young age. When the Newark resident was only in third grade, she had already launched her own small business selling fake nails made from paper. Over the years, she would evolve to selling candies and crafts she’d created through...
EDITORIAL: This year’s blessings may be harder to see
I can usually tell that it’s time to start reflecting on the past year when my morning inbox falls below 100 messages, the frost gets heavier on my windshield and my house is overtaken by garland and lights. At first glance, 2023 is likely a year that we hope to quickly end. Around the globe,
Fintech firm Novo opens Wilmington office
WILMINGTON – Novo, a financial solutions platform provider for small businesses and one of the fastest growing private companies in the country, has opened a Wilmington office as part of its expansion plans. Founded in 2016 by Michael Rangel and Tyler McIntyre, the fintech company is now headquartered in...
Bidens dine at Rocco in Wilmington
WILMINGTON – Marking a tragic family anniversary, President Joe Biden ventured out Monday to dine at a longtime family favorite along with his son, Hunter, on Monday. After attending a private church service to commemorate the 51st anniversary of the car crash that killed Biden’s first wife, Neilia, and their 1-year-old daughter, Naomi, the Bidens visited Rocco Italian Grill & Sports Bar in Wilmington’s Little Italy neighborhood.
Diver Chevrolet president dies at 63
WILMINGTON – Richard “Rich” Diver, the third-generation leader of Diver Chevrolet, one of the largest auto dealerships for the brand in the region, died Nov. 15. He was 63. Diver had reportedly been fighting cholangiocarcinoma, a rare bile duct cancer, for the past few years before his...
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