Business

D.C. commercial real estate software company Aquicore has acquired the Florida-based software-as-a-service firm Entic, the company announced in a press release on March 26.

The Washington Business Journal’s 2019 Minority Business Leader Awards annual event will be held at MGM National Harbor on March 28.

The architecturally striking Conrad Washington, D.C. hotel has finally opened on New York Avenue, Hilton's luxury brand Conrad Hotels & Resorts announced in a press release on March 21.

A majority of Shoppers Food & Pharmacy stores are facing closures as the parent company of the chain is moving out of the retail business, according to a report by the Washington Business Journal dated March 20.

The Greater Washington Board of Trade has signed on March 19 an agreement with the Metropolitan Washington Council of Governments (COG) and the Consortium of Universities of the Washington Metropolitan Area in order to establish the "Greater Washington Smart Region Movement" for smart regional growth in the United States.

The city’s investment in housing will be increased in the coming year by $55 million following a 30 percent rise in funding for D.C. Housing Production Trust Fund which provides affordable housing services, D.C. Mayor Muriel Bowser announced in her first State of the District Address of her second term at the University of District of Columbia on March 18.

A special report released on March 18 by HotStats regarding the hospitality sector's performance has revealed that a “crushing blow” was dealt to the profitability of D.C. hotels during the 35-day government shutdown, which was between December 22, 2018 and January 25, 2019.

British online grocery retailer Ocado will open a temporary office next month for its Ocado Solutions technology business in Tysons, Virginia, in the Washington, D.C. metro area, the company announced in a press release on March 18.