Pendleton Woolen Mills in Old Town Alexandria, Virginia

Pendleton Woolen Mills, where you can shop classic and contemporary fashions for men and women, distinctive home furnishings and world-famous wool blankets is closing their Old Town Alexandria, Virginia location. There’s a store closing sale going on NOW where you can get 50%-70% off items.

There has been no word about this on their Facebook page. We have asked the store for comment and will update when and if received. Pendleton Woolen Mills has been family owned and operated for 150+ years.

For other Pendleton Woolen Mills locations, visit this link.

Pendleton Woolen Mills in Old Town Alexandria, Virginia

Country star Trace Adkins with Donna Windsor at Windsor of Old Town in Alexandria, virginia (Photo via Facebook)
Country star Trace Adkins, who appeared on president Donald Trump’s ‘Celebrity Apprentice’ TV show, was in town for the Inauguration of president Donald Trump.

On Friday before the Inaugural Balls, Mr. Adkins and his girlfriend Victoria Pratt stopped by Windsor of Old Town in Alexandria, Virginia to get styled. In business since 1981, Windsor of Old Town offers the best in hair design, nail treatments, skin and body treatments, and massage.

Mrs. Windsor did Ms. Pratt’s hair while her son Stephen took care of Mr. Adkins. For more about Windsor of Old Town, visit this link.

Victoria Pratt ! Styled her hair for the ball tonight! Have fun!

Posted by Donna Burt Windsor on Friday, January 20, 2017

(Photo via Facebook)

Macy's generic

Macy’s Inc. revealed restructuring plans Wednesday that will close over 60 stores in 2017 as the struggling giant retail department store looks to cut additional costs.

Of the 68, three closed mid-year, 63 will be closed in early spring 2017 and two will be closed in mid-2017. Three other locations were sold, or are to be sold, and are being leased back. (A list of planned store closings, as well as store openings, is listed at this link.) The company intends to opportunistically close approximately 30 additional stores over the next few years as leases or operating covenants expire or sale transactions are completed.

As a result of closing 63 Macy’s stores in early 2017, along with the three closed mid-year 2016, the company’s 2017 sales are expected to be negatively impacted by approximately $575 million. This reflects the company’s ability to retain sales at nearby stores and on macys.com through targeted marketing and merchandising efforts.

The Landmark Mall store, which we have pondered about before, is on the list to close by year-end.   (more…)

Access National Bank at 2050 Ballenger Avenue in Alexandria, Virginia

Access National Bank Opening 1st Location in Alexandria

This is an update to this post. Access National Bank announced the expansion of its branch network into Alexandria, Virginia this past spring. The new office will be located in the Carlyle neighborhood of Alexandria at 2050 Ballenger Avenue – steps away from the US Eastern District Courthouse and the USPTO main campus. the new office is now slated to open in mid-October.

Access National Bank has extensive experience serving several key industries including CPA Firms, Legal Services, Medical Practices, National Trade Associations, Nonprofits and Government Contractors. As one of the most active SBA lenders in the region historically, the Bank has already established significant Alexandria clientele. This track record, coupled with a reputation for business banking excellence, serves as a catalyst for continued growth.  Access National Bank is a business bank organized in December 1999 by professional bankers and business people. Their mission is to provide credit, treasury management and private banking services to emerging businesses with revenues of up to $100 million.

(H/T Janet)

New location of Nicecream Factory in Old town Alexandria, virginia

Photo credit: Google Maps

Arlington based Nicecream Factory opening up shop in Old Town

According to planning documents filed this week with the City (PDF), Nicecream Factory, located on Clarendon Blvd in Arlington, is opening a new shop at 726 King Street in Old Town Alexandria. The shop will be replacing the Jeymi Salon & Spa. The salon has apparently closed based upon reader input below. We have heard that the rent is this space has run fairly high.

According to their website, Nicecream uses a freezing agent and liquid nitrogen which allows them to freeze the ice cream on the spot in front of guests, creating the freshest handcrafted cup of ice cream. Their slogan is ‘It’s not just ice cream – it’s Nicecream’.

Here, Sandra Tran and her business partner Gilbert Welford discuss the Nicecream process…

They plan on having 250 to 400 patrons a day with 3 employees per shift for a total of 6 employees per day.

The proposed hours of operation for the new store will be:

  • Monday through Wednesday 11:00 a.m. until 10:00 p.m.
  • Thursday and Sunday 11:00 a.m.until 10:30 p.m.
  • Friday and Saturday 11:00 a.m. until 11:00 p.m.

If you have any comments regarding the request, please contact Planning and Zoning staff at(703) 746-4666 or email the Planner associated with this case no later than September 22, 2016.

Census Bureau survey of American businesses

This graphic gives a snapshot of the number of years firms have been in business by gender, race, ethnicity and veteran status.

Among the 5.4 million U.S. firms with paid employees, 481,981, or 8.9 percent, had been in business for less than two years in 2014, according to findings from the U.S. Census Bureau’s inaugural Annual Survey of Entrepreneurs.

In contrast to the employer firms that had been in business for less than two years, there were 167,917, or 3.1 percent, that had been in business for 16 years or more. More than 4 in 10 employer firms (2.4 million, or 44.1 percent) have been in business between 11 and 15 years.

Beginning with today’s release of 2014 statistics and continuing through the release of 2016 data, the Annual Survey of Entrepreneurs will supplement the Survey of Business Owners, conducted every five years. The Annual Survey of Entrepreneurs provides a timely, more frequent socio-economic portrait of the nation’s employer businesses by gender, ethnicity, race, and veteran status. It includes a relevant topic not found in the Survey of Business Owners: the number of years a firm has been in business.

The survey is a public-private partnership among the U.S. Census Bureau, the Ewing Marion Kauffman Foundation and the Minority Business Development Agency.

“As ‘America’s Data Agency,’ the Department of Commerce puts open data resources and digital tools in the hands of families, communities, and federal and local leaders to help them make data-driven decisions,” U.S. Secretary of Commerce Penny Pritzker said. “The Annual Survey of Entrepreneurs is a new and exciting resource that responds to data users’ request for more timely statistics on the demographics of America’s businesses owners.”

The tables released today provide estimates of receipts, payroll and employment for the nation, states and the District of Columbia, and the 50 most populous metropolitan statistical areas. Firm size data are available by sales size (the number of firms with sales/receipts of $1.0 million or more) and employment size (the number of firms with 500 employees or more).

(more…)

Burke & Herbert Bank & Trust Company

Burke & Herbert Bank is pleased to announce that at its meeting of July 21, the Bank’s Board of Directors elected Kenneth L. Wainstein as a new member. Mr. Wainstein is a prominent and well-respected attorney with experience acquired in service to the U.S. government through significant positions in the areas of criminal enforcement and national security. He currently is a partner in the Washington, DC law office of Cadwalader, Wickersham & Taft LLP, and is Chair of the firm’s White Collar Defense and Investigations Group. With the addition of Mr. Wainstein, the Bank’s Board of Directors is comprised of twelve individuals who collectively bring a broad range of experience both in and outside of the financial services industry.

“Burke & Herbert Bank is quite fortunate to have Mr. Wainstein join our Board of Directors,” said E. Hunt Burke, the Bank’s Chairman & Chief Executive Officer. “He is a recognized and highly-accomplished professional who brings to our team a wealth of knowledge and experience, including specific expertise in financial regulation, anti-money laundering, and cyber security. I am delighted to have Ken on our team and looking forward to the opportunity to work with him.” Mr. Burke added, “I am confident that he will provide valuable counsel and support in our continued work to ensure that Burke & Herbert Bank grows and thrives.”

“I am pleased to be joining the Board of such a unique and successful community bank with a long history of service to individuals and businesses alike throughout northern Virginia,” said Mr. Wainstein. “I believe that community banks play a critical role in our economy and am gratified to have this opportunity to contribute to the continued success of what certainly is one of the best in the region. I look forward to the opportunity to work with Mr. Burke and the other talented professionals who serve on the Bank’s Board.”   (more…)

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