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David Robinson

David Robinson is the deputy business editor for The News, where has worked since graduating from Syracuse University in 1985. A New Hampshire native, he started out in the News' Tonawanda bureau and moved into the business news department in October 1987, exactly a week after the stock market crash.


Business

Tops Markets is looking to close "a few" of its underperforming stores as it tries to restructure its supermarket business in bankruptcy. The supermarket chain has not said how many stores it plans to close or where they are located. "No decisions have been made about potential store closings," said Kathy Romanowski, a Tops spokeswoman. But in documents filed with…

Business

It's official: The going-out-of-business sale starts today at Bon-Ton. The department store chain expects the sales to last for 10 to 12 weeks, but that could vary by store depending on how quickly the remaining merchandise sells. The sales are expected to end by Aug. 31, according to U.S. Bankruptcy Court documents. All sales during the liquidation sales are final, …

Business

For years, one of the big voids in the Buffalo Niagara economy has been its dearth of entrepreneurs willing to take a chance that could turn a good idea into a thriving business. Now, the state is putting up $32 million over five years to provide funding for those entrepreneurs and give them the work space and support services they need to build a successful business. …

Business

If you've got a Bon-Ton gift card, don't wait to use it. And if you bought something from Bon-Ton that you want to return, you'd better hurry to the store, too. http://buffalonews.com/2018/04/18/bon-ton-stores-to-close-by-aug-31/ The liquidators who are launching going-out-of-business sales today at Bon-Ton's stores, including eight in Western New York, will accep…

Business

Computer Task Group's first-quarter profits fell by 44 percent as the Buffalo information technology company absorbed higher expenses as its revenues grew. CTG's profits fell to $422,000, or 3 cents per share, from $751,000, or 5 cents per share, a year ago. But excluding one-time items, CTG's profits reached 6 cents per share, which was better than last year and in lin…

Business

Bon-Ton announced it will close its doors on Aug. 31. The going out of business sales will start as early as Thursday. The liquidators who won the bidding for the bankrupt department store chain will shut down Bon-Ton's 212 remaining department stores, including eight in Western New York, by the end of  August, according to documents filed in U.S. Bankruptcy Court on We…

Business

The Bon-Ton Stores are going out of business. The department store chain, which moved into the Buffalo Niagara region following its purchase of AM&A's in 1994, is headed for its final sale after the only two bidders in a bankruptcy court auction were liquidators. Despite the hopes and efforts of Bon-Ton officials to find a bidder that would keep the stores runnin…

Five Star Urgent Care will open a new facility at 4189 Veterans Memorial Drive in Batavia on Friday. The urgent care facility will be open daily from 8 a.m. to 8 p.m. The Batavia site will be Five Star's 18th urgent care facility across upstate New York. Five Star, which has sites in Niagara Falls and Jamestown, also is planning to open centers in Buffalo, Cheektowaga, …

Business

The Buffalo Niagara housing market stayed strong as it heads into the busy springtime home-buying season. It’s become a familiar story. Home prices are rising fast because there are more people looking to buy a home than there are homes for sale. That’s reflected in the nearly 23 percent plunge in home sales during March – a decline that is a sign of strength in the loc…

Retired Buffalo banker Erland E. Kailbourne has been named chairman of Rand Capital Corp. following the death last week of its longtime chairman, Reginald Newman. Kailbourne has been a director at the Buffalo venture capital firm since 1999. Kailbourne, the former chairman and CEO for Fleet National Bank's New York region, also is chairman of Albany International Corp. …

Business

Tesla Inc. is stepping up its efforts to find workers for its Buffalo solar panel factory as it starts installing its new solar roof on customer homes. The company, which said it started making its new solar roofing tiles in Buffalo at the end of last year, is holding five information sessions over the next month to seek out potential workers for its portion of the Sout…

Business

Another quarter, another disappointment for Tesla Inc. The electric vehicle maker failed to make as many of its more affordable Model 3 electric cars during the first quarter as it had promised just two months ago. Tesla made more cars than some skeptical analysts expected. But the company is still struggling to turn the Model 3 into a big revenue producer. The Bu…

Business

Chelsea Juda moved back to Hamburg after graduating from the University of Vermont with a business degree three years ago and ultimately landed a job at the new IBM technology hub in Buffalo. "I wasn't really sure what I wanted to do, but this sort of fell into place," Juda said. "I'm learning a ton." Juda is one of roughly 240 people who now work at the IBM hub in K…

Business

Despite the state's $750 million investment in the Tesla Inc. solar panel factory, the solar energy industry barely causes a ripple in the Buffalo Niagara job market, a new report found. The Buffalo Niagara region had 551 jobs tied to the solar energy industry during 2017, according to a new report on solar employment by the Solar Foundation. That amounts to one job for…

Business

UltraCell Insulation, a runner-up in the 43North business plan competition in 2016, has wrapped up a $5 million funding package that will clear the way for the company to open a factory in the Buffalo area. The funding, which includes previous rounds of fundraising, along with $1.6 million raised in a new round, will allow UltraCell to begin making and selling its high …