In recent news, Room & Board, a furniture retailer based in Golden Valley, has become employee-owned. This initiative allows the company’s 1,100 workers to take ownership under a plan that was approved earlier this month. This move represents a significant step towards empowering employees and creating a sense of ownership within the company.
Meanwhile, Impact100 Twin Cities recently distributed its first grant round to the Phyllis Wheatley Community Center to help them scale their Women’s Wealth and Equity Building Initiative. The center received $100,000 to expand its programs and services aimed at supporting women in building wealth and achieving equity.
Twin Cities arts organizations are also engaging in innovative strategies to lure audiences back to live performances amidst the challenges posed by the COVID-19 pandemic. By adapting to the changing landscape of live entertainment, they are working towards revitalizing the arts scene in the Twin Cities.
Despite ongoing child care crisis, some providers have expressed optimism about its future. A recent survey conducted by Minneapolis Fed revealed that some childcare providers are still feeling positive despite numerous challenges such as workforce shortages and financial constraints. There is hope for the industry as some providers are finding ways to navigate these obstacles and remain optimistic about child care in the Twin Cities.
Community members are mourning the sudden death of Sammy McDowell, owner of Sammy’s Avenue Eatery in North Minneapolis. McDowell was recognized for his achievements as a small business owner by TCB in 2021 before his passing left a void in the community due to his dedication to providing delicious food and welcoming environment for customers.
