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Caturra on Grove closes doors of Libbie & Grove restaurant

It’s yet another COVID-related closure in a week that’s been full of them, and in a stretch of retail corridor that’s also seen others vacate as of late.

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From Richmond BizSense:

A West End restaurant is among the latest coronavirus business casualties.

Caturra on Grove at 5811 Grove Ave. has permanently closed. Owner Rob Slotnick said the restaurant couldn’t find a way forward in the new business landscape the pandemic created.

“Going into COVID, business was OK. But it wasn’t great,” Slotnick said. “I felt I’d have to completely rebrand to have a shot (and) I felt that wouldn’t be a good investment at this time.”

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CEO of Richmond-based Elephant Insurance’s parent company gifting employees $13 million

As a thank you to all the staff at Admiral and Elephant Insurance who have made his 29 years with the company so special, David Stevens and his wife, Heather will give £1,000 to every full-time member of staff and £500 to all other staff. For employees in the United States, this equates to around $1,300 for full-time employees and $650 for part-time employees.

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David Stevens, CEO and co-founder of Elephant Insurance’s parent company, Admiral Group, announced yesterday he will give a personal gift of around $13 million to over 11,000 employees ahead of his retirement.

As a thank you to all the staff at Admiral and Elephant Insurance who have made his 29 years with the company so special, David Stevens and his wife, Heather will give £1,000 to every full-time member of staff and £500 to all other staff. For employees in the United States, this equates to around $1,300 for full-time employees and $650 for part-time employees.

“Saying thank you to all the Admiral staff in this way is the right thing to do, and I’m so proud and fortunate to have worked with such a special group of people,” said David Stevens, CEO and co-found of Admiral. “Their hard work and dedication has allowed Admiral to grow from a start-up with one brand, zero customers and 57 members of staff, to a FTSE 100 company worth around £8 billion with multiple brands, millions of customers and over 11,000 staff worldwide. Thank you from myself and my wife to everyone at Admiral.”

All Admiral staff, whether they work in Richmond or Rome, Newport or Delhi and everywhere in-between, will benefit from the gift.

“Today and every day, we are so appreciative to work for a company under the Admiral umbrella,” said Alberto Schiavon, CEO of Elephant Insurance. “David Stevens’ generosity will impact all of Elephant’s more than 630 employees, most of whom are here in Richmond. We wish him well in this new stage of life and look forward to welcoming Admiral’s new CEO, Milena Mondini de Focatiis.”

For more information about Elephant Insurance, visit www.elephant.com.

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Urban Farmhouse in Scott’s Addition closes doors after six years

The local chain of market cafes is now down to just two locations – one in Shockoe Bottom and the other in Midlothian.

RVAHub Staff

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From Richmond BizSense:

A local café-and-market chain has retreated from Scott’s Addition as it cuts costs amid the economic crisis caused by the pandemic.

Urban Farmhouse has shuttered its location at 3015 Norfolk St., capping off an almost six-year stint in the neighborhood. The homegrown brand is now down to two locations, one in Shockoe Slip and the other in Midlothian.

The chain, which had six shops in 2016, eliminated the 4,000-square-foot Scott’s Addition location as it seeks to come out on the other side of the coronavirus pandemic, owner Kathleen Richardson said.

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Stella’s Grocery opening new location in former Starbucks storefront at Libbie and Grove

This will be the fourth location for the local market chain owned by restaurateurs Katrina and Johnny Giavos.

RVAHub Staff

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From Richmond BizSense:

Stella’s Grocery, the local chain of neighborhood markets run by restaurateurs Katrina and Johnny Giavos, has scooped up a space on Grove Avenue, extending the brand’s reach into the West End.

The company recently inked a lease for a new location at 5802 Grove Ave., which had been home to Starbucks before it vacated in April.

It’ll be the fourth location for Stella’s grocery, joining its flagship store at 1007 Lafayette St. in Malvern Gardens, one downtown at 109 E. Grace St. and one in the HandCraft Building in Scott’s Addition.

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