• Wed. May 8th, 2024

Employee-Owned Room & Board Marks Significant Milestone; Twin Cities Arts Organizations Adapt to Lure Audiences Back; Childcare Industry Remains Struggling, But Providers Stay Optimistic

BySamantha Jones

Apr 26, 2024
Business News: Room & Board Transitions to Employee Ownership, Impact100 Awards Grants

This month, Room & Board has become an employee-owned company, with its 1,100 workers taking a piece of ownership. This development marks a significant milestone for the Golden Valley-based furniture retailer.

Impact100 Twin Cities has distributed its first grant round, allocating $100,000 to the Phyllis Wheatley Community Center to help scale its Women’s Wealth and Equity Building Initiative. The initiative aims to support women in building wealth and achieving financial equity.

Twin Cities arts organizations are working on innovative strategies to lure audiences back to live performances as concert halls and theaters reopen. These organizations are finding creative ways to attract people to their shows and events.

Despite ongoing challenges in the childcare industry, a recent survey by the Minneapolis Fed revealed that some providers are feeling optimistic about the future. The childcare crisis continues to impact families and providers, but there is hope for improvement in the coming months.

Community members are mourning the sudden death of Sammy McDowell, the owner of Sammy’s Avenue Eatery in North Minneapolis. McDowell was recognized by TCB in 2021 for his achievements as a small business owner. His passing has left a void in the community, and he will be remembered for his contributions to the local restaurant scene.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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