Hannah Wyman

According to a lawsuit filed in St. Louis County this week, Nick Alt, the head of Vnyl, Inc., owes global finance management company Jeeves, Inc.

According to a notice filed with the state, Gate Gourmet’s St. Louis unit will permanently shutter and 102 employees will be let go by or on January 29, 2025.

Each company will receive $75,000, in addition to networking opportunities, workshops and other business resources.

The $500,000 will be split up into five annual payments of $100,000.

Franchise Group Inc. announced its plans to restructure the holding company under bankruptcy protection. As part of this plan, the company said it would wind down American Freight.

Anthony Favazza, a new co-owner of the St. Louis shop, said he was approached this spring to buy in and called the bakery a “beloved institution.”

While Clayton’s chamber dissolves, other regional chambers say they still see a demand for networking events, educational opportunities and business resources. And some are merging with neighboring chambers.

In May, the company announced that EQT AB, a private equity group, had agreed to acquire Perficient for about $3 billion.

The workers are members of the International Longshoremen's Association, whose contract with the United States Maritime Alliance expired on Oct. 1.

Three business owners with the Eric Outlaw Business Center recently opened the doors to a shared storefront at 4256 Manchester Avenue.