Business Notes: Three Stores Close at Westfield Montgomery

Plus: Bethesda health tech company raises $20 million; Coldwell Banker moves downtown Bethesda office


Published:

Westfield Montgomery interior

via Westfield Montgomery on Facebook

Stores close at Westfield Montgomery and Pike & Rose

Three stores at Westfield Montgomery mall in Bethesda closed after the holiday shopping season, according to local retail blog Store Reporter:

  • Smart Toys, which sold children’s toys and doubled as a Halloween store during the fall;
  • The Limited, which sold women’s clothing; and
  • R. Riveter, a store that sold women’s handbags sewn by military spouses.

Also, the Pike & Rose children’s clothing store Yogaso announced on its Facebook page it would close the retail store in January and move its sales online. The business opened in December 2014 at Pike & Rose in North Bethesda. On Facebook, the retailer said closing the store will allow it “to meet our customers’ needs and provide the best customer experience.”

Aledade Inc. in Bethesda raises $20 million

Aledade received the funding from a group of investors that included The Maryland Venture Fund, Biomatics Capital Partners and GV, formerly known as Google Ventures.

The health care and technology company works to help doctors change their business models from getting paid per patient or procedure to “value-based health care models,” according to the Washington Business Journal.

The company said it plans to use the funds to expand partnerships with health providers. Aledade was founded in 2014 by Dr. Farzad Mostashari, a former leader at the federal Office of the National Coordinator for Health Information Technology.

Coldwell Banker moves Bethesda office ahead of Apex Building demolition

The real estate company moved its Bethesda office at the end of December from the building at 7272 Wisconsin Ave. to 4800 Montgomery Lane, suite 100, because the Apex Building is scheduled to be demolished to make way for a new mixed-use complex and Purple Line station. Coldwell Banker had been at the Apex Building for 24 years before the move.

Back to Bethesda Beat

Edit Module
Edit ModuleShow Tags

Archive »Related Articles

Business Notes: Leadership Montgomery Announces 2018 Participants

Plus: County’s Green Bank names new CEO; report examines Total Wine’s formerly incarcerated employees

Local Schools Dizzied by Fidget Spinner Craze

Toys make their appearance in classrooms across county during final weeks of school

Cabin John Shopping Center Starts New Farmers Market

Vendors to sell products every Thursday

Montgomery County’s Economic Development Corp. Board Gets Insight Into Regional Competition

New board member Carmen Larsen says Arlington and Fairfax counties tried to woo her business
Edit ModuleShow Tags Edit Module
Edit Module
Edit ModuleShow Tags

Sponsored Content

Green Leaders Deserve To Be Recognized

Submit your nomination for the 2017 Bethesda Magazine Green Awards.
Edit ModuleShow Tags Edit Module

Profiles

Your Guides to Leading
Local Professionals

Edit Module
Edit Module
Edit ModuleShow Tags