Biz Bits: A look back at 2018 – Chico Enterprise-Record

At the end of this year, it’s hard to think of anything positive about 2018, but there were some intriguing twists and turns in the business world.

Here is a slice of 2018:

Chico-based Tri Counties Bank bought First National Bank of Northern California and expanded its reach into the Bay Area. Tri Counties Bank staff also rang the opening bell on Nasdaq in New York City after 25 years on the exchange.

We said good bye to a number of stores, both locally owned and national chains. No longer with us are Herreid Music (which closed after 20 years), Toys R Us, Orchard Supply Hardware and Pluto’s Restaurant.

Happy in expansion mode were Shubert’s Ice Cream and Candy,  which opened a new store in the Chico Mall, and Lulus apparel, an online retailer that this year opened The Outlet store downtown. But in one of those twists, it’s only open Friday, Saturday and Sunday, with most things selling from $5 to $20.

In one of those sweet-sour times, La Comida Mexican restaurant closed its Paradise branch, but the Chico store celebrated its 50th year.

Local Business Lady Who Did Good, Melissa Heringer rocked history lovers and gift finders by moving iconic Christian and Johnson from its long-time location to a remodeled house at Neal Dow and East First Avenue.

In the still-to-be revealed category, renovation on the Morehead building got started under owner Wayne Cook, who will remember 2018 for the good things. After Facebook exited his two-story building at the Chico airport last year, leaving him holding a huge, high-tech, empty masterpiece, happiness reigned with the relocation of Paradise High School, burned out by the Camp Fire.

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Evidence of work is showing at the old Carpet One store, which the owner is remaking into a True Value Hardware on the heels of the departure of Orchard Supply Hardware.

There were a sprinkling of unusual businesses that launched or expanded in 2018.

Just off Park Avenue, Bay Area ceramic artist Alex Marshall opened her new studio in Chico, with a retail arm.

Also opened was Hempful Farms, which sells hemp products for health care.


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