By News Staff on October 11, 2024
Business
Rio Linda, CA—In a move that has raised concerns in the Rio Linda / Elverta community, 7-Eleven has announced plans to close several hundred underperforming locations across North America. The decision, announced by the company’s parent company Seven & I Holdings, comes in response to a variety of factors including slowing sales, declining traffic, inflationary […]
By News Staff on August 16, 2024
Business
Roseville, CA – A long-awaited retail development is moving forward in west Roseville as Costco Wholesale Corp. has officially purchased the land for its new store. The warehouse giant’s acquisition of the 5200 Baseline Road property marks a significant step towards anchoring the larger Baseline Marketplace shopping center. While Costco remains tight-lipped about the specifics, […]
By News Staff on July 24, 2024
Business
No Impact on Rio Linda Location Rite Aid has continued its trend of announcing more store closures as part of its ongoing bankruptcy proceedings. On Monday, the company disclosed in a bankruptcy filing the impending closure of 10 more stores, all of which are located in Ohio and Michigan. This latest announcement brings the total […]
By News Staff on June 27, 2024
Business
Here’s something we rarely see in the North Highlands/Antelope area lately; a new ground-up apartment complex project. The New Green Apartments at Larchmont Village will feature 172 units in three-story buildings located just south of the Food Maxx shopping center, at the intersection of Watt Avenue and Larchmont Drive in North Highlands. The application highlights […]
By News Staff on June 13, 2024
Business
Rite Aid’s expanded partnership with the leading online grocery technology platform allows greater access to groceries and pantry essentials for eligible customers Rite Aid (OTC: RADCQ) today announced its expanded partnership with Instacart (NASDAQ: CART), the leading grocery technology company in North America, allowing use of an Electronic Benefits Transfer (EBT) card for the Supplemental […]
By News Staff on May 10, 2024
Business
The Rite Aid store in Rio Linda is looking nearly abandoned these days, but it’s not there yet. But, how did we get here? To this state of things? In March of 2023, Federal attorneys in Ohio filed suit against the company, lodging a complaint alleging that Rite Aid dispensed controlled substances in violation of […]
By News Staff on May 8, 2024
Business
According to the Sacramento Business Journal, New Home Co. is set to mark its return to Sacramento by being the inaugural homebuilder for the Panhandle region in North Natomas. This move follows their last project, McKinley Village in East Sacramento, which was completed approximately five years ago. The company plans to start grading this summer […]
By News Staff on May 4, 2024
Business
The investment landscape of the “panhandle area” is evolving, according to the Sacramento Business Journal, as TPG Angelo Gordon secures a significant parcel of land earmarked for a substantial residential development. Property records and city plans indicate that the site is set to accommodate 810 homes. Last year, Sacramento city officials greenlit a development blueprint […]
By News Staff on May 1, 2024
Business
Sterling Caviar, based in Elverta, has been placed into receivership following claims by creditors that the company is indebted to them by over $23 million. The company was acquired by Eugene Fernandez for $6.2 million in October 2020 from Stolt-Nielsen through his holding company, Hyde Road Agricultural Associates. In April 2020, Sterling Caviar secured a […]
By News Staff on March 26, 2024
Business
Focus on zero carbon workforce development, STEM education, healthier environments and clean energy Twenty-nine local nonprofit organizations will benefit from more than $580,000 in funding from SMUD’s annual Shine program. The Shine program, now in its 7th year, is supporting nonprofit programs that engage communities across SMUD’s service area in an equitable transition to a […]