Our roundup of the latest business news from the Detroit and Michigan metropolitan area, as well as announcements from government agencies. To share a corporate or non-profit story, send us a message.
Grand Traverse Pie Co. Reopens Boutique in Rochester Hills
Grand Traverse Pie Co. has reopened its Rochester Hills store (6920 N. Rochester Road) and is planning a promotion of loose slices of cake in the event’s popularity.
From Sept. 6-18, visitors visiting the reopened assets can get a loose slice of Michigan fruitcake with any acquisition of antique precooked foods. GT Pie’s pre-cooked food menu includes homemade soups, salads, sandwiches, quiches and its signature poultry cake.
The Michigan Fruit Pie collection includes cherry, cranberry and apple pies with a selection of breadcrumbs or CRU Pie puff pastry.
“We are thrilled to share the goodness of our fall fast food classics with our old and new GT Pie enthusiasts as we celebrate the grand reopening of our Rochester Hills store with the generosity of Michigan fruit in our delicious pastries,” said Mike Busley, co-founder of GT Pie Co. “I am proud to share the goodness of this cake with our new owner and general manager, Ryan Denski.
“Ryan continues his family’s ownership culture within the corporate cake family. Ryan’s parents, Gail and Lou Denski, were our first franchisees over 20 years ago. They bought the Brighton GT Pie Co. and raised their children with the same hobby. for cake they had as the first owner of the franchise.
Denski says, “It’s a wonderful feeling to bring the family culture circle of offering our local communities new pre-cooked foods and, of course, cake. Since I was a little kid, I made dough for all the cake bottoms, I knew where it would end up and help expand a wonderful brand, it’s a hobby for cakes.
“Running a Grand Traverse Pie Co. es see other people happy and delighted with new, high-quality products. We like to keep novelty alive as our society moves further and further away from this new rhythm.
Rochester Hills site hours of operation are Monday through Saturday. m. to 7 p. m. and Sundays from 10 a. m. to 6 p. m. m.
Motor City Match Awards First of $1 million in grants
Motor City Match celebrated the prizes of the program’s twentieth circular, which includes 20 grants totaling $1 million for sellers to realize their dream of opening a business in Detroit. This marks a doubling of the grant fund and an investment of $500,000 in grants each quarter to $1 million.
The expanded effect was made possible by $15 million in U. S. federal investments. UU. de the Rescue Plan Act recently passed by the Detroit City Council.
“Motor City Match has unleashed the incredible entrepreneurial skill that has existed in Detroit and brings a diversity of glorious new businesses to the city’s communities,” said Detroit Mayor Mike Duggan. “With this additional investment from ARPA, the program will have twice as much as having an effect on revitalizing our community’s industrial corridors. “
Among the corporations getting grants are an African-themed metaphysics store, traditional and high-end clothing retail outlets, a party materials rental store, a network laundry, and a number of new retail outlets for the network’s coffee, tea, juices and ice cream. among others. much more.
In addition to the grants, the program awarded awards to forty-five other corporations in their Business Plan, Development and Design flows. These awards offer technical assistance, business services, courses and workshops, as well as personalized recommendations to Detroit corporations that are still uploading their projects. The winners of Round 20 make up detroit’s seven council districts and more than thirteen neighborhoods.
“The good looks of the Motor City Match program is that it continues to provide valuable equipment and resources to the winners in their adventure from concept to opening,” said Kevin Johnson, president and CEO of Detroit Economic Growth Corp. “This program is helping to ensure that once open, those doors remain open and those businesses remain essential.
Beginning with Round 20, the program will leverage a federal investment injection from the city’s ARPA allocation to increase the number of grants and scope available. The quarterly grant fund will expand to $1 million for startups and offer $250,000 in grants to existing businesses that have been operating in the city for at least a year.
U-M Survey: Slowing Inflation Boosts Consumer Confidence
Consumer confidence rose 13 percent in August, raising the survey’s all-time low reached in June but remaining at 17 percent less a year ago, according to University of Michigan customer surveys.
The increase in sentiment observed across age, education, income, region and political affiliation, and can be attributed to the recent slowdown in inflation. Most of that increase was concentrated in expectations, driven by a 59% increase in the economic outlook next year after two months at its lowest point since the Great Recession, says Joanne Hsu, an economist and director of surveys at U-M.
The rate of existing situations remained unchanged, with a slight increase in non-public finances offset by a similar decrease in situations for the acquisition of durable goods. Despite those recent developments, the overall sentiment is still incredibly low compared to old standards.
“With declining gasoline costs and slowing inflation, consumers have felt welcome relief this month,” Hsu said. sentiment remains close to the all-time low reached in June. There is still a long way to go before consumers feel truly confident about the state of their personal finances and their economic prospects.
The biggest innovations in sentiment have been published through low-income consumers, who have fewer resources to protect themselves from inflation, Hsu says.
Overall, consumers’ opinion of their non-public finances increased by around 7%, mainly due to a relief in the percentage of consumers who mentioned the adverse effects of inflation on their way of life, from 49% last month to 44%. . Similarly, fewer consumers spontaneously discussed gasoline or food costs at any point in this month’s survey.
The percentage of customers who said they heard negative news about inflation rose from 37 percent last month to 29 percent in August. However, all of those measures remained at last year’s highest level, reflecting the continued effects of inflation on customer attitudes.
More than a fraction of consumers expect their source of income to increase over the next year, with projected wage increases emerging from 1. 1% in July to 2. 3% in August. he would expect a 2. 4% increase in revenue, near the end of his persistent gap with Democrats, who would expect a 2. 7% increase. However, only 18% of consumers would expect to increase their source of income to overcome inflation. The percentage of consumers who expect unemployment to rise next year rose from 38% last month to 34%, up from 24% a year ago.
Hygieia in Livonia Adds Detroit Metro Endocrinology Center as Clinical Partner
Livonia-based Hygieia, a provider of virtual treatments for insulin control, has added the Metro Detroit Endocrinology Center in Dearborn as a clinical partner, expanding the company’s d-Nav® network and creating an independent insulin treatment service for the underserved. Populations
The d-Nav insulin control program uses AI-powered generation to prescribe the appropriate dose of insulin each time a patient prepares to inject. The result is an effective insulin treatment, your A1C levels in 90 days, without increasing the risk of hypoglycemia.
“Our partnership style gives endocrinologists a new size of care for their patients: autonomous dose changes,” says Dr. Israel Hodish, Hygieia’s chief medical officer. “This allows patients to get the necessary mandatory dose changes, leading to better outcomes. In addition, a Hygieia partnership gives endocrinology practices the opportunity to generate more profits while freeing up resources in their busy clinics.
Metro Detroit Endocrinology Center, one of Michigan’s largest endocrinology practices, integrates the d-Nav program into a protocol for its eligible patients.
“We’ve seamlessly incorporated the d-Nav program into our practice, and we’ve already noticed positive results,” said Eric Alzaroui, chief operating officer of the Metro Detroit Endocrinology Center. “Hygieia brings committed diabetes specialists to our practice, so we can temporarily bring patients into the program. “
The Metro Detroit Endocrinology Center also collaborates with Hygieia for program patients who speak Arabic and Spanish, providing materials, instructions, and ongoing communication so those patients can use the d-Nav program seamlessly.
d-Nav generation is the FDA’s legal device for the autonomous management of insulin dose recommendations.
For more information, dnav. com.
Michigan Avenue’s transformation into lansing Corridor continues
Gillespie Group in Lansing says it is in a position to explore a new phase in the progression of 3131 East Michigan Ave. in the capital, as the assets are now advertised under the so-called ROECO.
REOCO may just be a mixed-use regional entertainment destination awaiting the final results of this next phase, driving a transformation in the Michigan Avenue Corridor and Lansing’s Eastside community that has already attracted attention and investment from local and national sources.
The site has housed Sears for 66 years. Most recently, the site has been a transient host for Sparrow Health System’s COVID-19 testing. ROECO selected to honor the history of Sears, Roebuck and Co, a cornerstone of Lansing’s history. The call represents innovation and encounter, a nod to history while taking the history of dominance into the future.
“It’s an exciting time to be in Lansing as we’ve lived up to the demanding situations of recent years with new projects and advancements across the city and region,” said Pat Gillespie, President and CEO of Gillespie Group. “We have momentum, and this site is a wonderful example of that. I look forward to adding new partners as we breathe new life into this place, jointly writing the upcoming long-term bankruptcy of our city.
The timing and final product of this assignment are issues to replace as Gillespie Group discovers new partners and makes adjustments and modifications to the plan along the way.
Return Retiree Boot Camp Offers Free Advice to Detroit Subway Retirees
Detroit Metro’s first-ever boot camp for retirees to reassess, reinvent, and recreate for the 21st-century office takes place at 11 a. m. m. on September 14 at Gesher Human Services in Southfield.
The loose two-hour program, which will be repeated on Oct. 19 and Nov. 16, will provide a review of paintings and recreational activities participants would never have seen. Education, information and equipment will be provided to create an enjoyable long career. .
The workshops are being introduced amid a national renewal of retirees who do not have or need to return to work. Economic illnesses and private illnesses, such as feelings of isolation, have recently led to an increase in pensions.
“We’re seeing a demographic shift with a lot of other people leaving the job market in recent years and are starting to get back involved,” says Gerard Baltrusaitis, an employment and internship specialist at Gesher Human Services. they had everything planned for their retirement, but inflation, a stock market crash, or health care prices made them think again. “
To register, contact Baltrusaitis at gbaltrusaitis@geshermi. org or call 248-233-4288.