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Novi, MI Business News

Sakura Gardens with cherry blossom trees and Paris Baguette bakery.

Novi Celebrates Grand Opening of Sakura Gardens and Bakery

October 26, 2025

Novi, October 26, 2025 News Summary Novi recently hosted a grand opening for Sakura Gardens and Paris Baguette, part of the city’s first Asian-themed mixed-use development. Sakura Gardens includes serene landscapes...

Closed Car Dealership in Michigan

Carvana’s Dealership License Revoked in Michigan

October 24, 2025

Novi, Michigan, October 24, 2025 News Summary Carvana Co. has had its dealership license revoked for three years in Michigan due to violations of the Michigan Vehicle Code, including issues with...

Business professionals discussing Gentherm's financial results

Gentherm Inc. Reports Strong Q3 Results with Increased Revenue Guidance

October 24, 2025

Southfield, Michigan, October 24, 2025 News Summary Gentherm Inc. has announced a profitable third quarter, achieving a net income of $14.9 million, or 49 cents per share. The company’s adjusted earnings...

Sakura Novi Asian-inspired mixed-use development with cherry blossoms and pond

Sakura Novi: Michigan’s First Asian-Inspired Mixed-Use Development

October 24, 2025

Novi, Michigan, October 24, 2025 News Summary Novi, Michigan, has introduced the Sakura Novi development, the first Asian-inspired mixed-use project in the state. Located on Grand River Avenue, it features Sakura...

Interior of a Toys R Us seasonal store showcasing a variety of toys.

Toys ‘R’ Us Reopens Seasonal Stores in Michigan

October 22, 2025

Auburn Hills, Michigan, October 22, 2025 News Summary Toys ‘R’ Us has reopened two new seasonal stores in Michigan, marking the return of the brand to metro Detroit after seven years....

Construction site of Sheetz store in Novi, Michigan

Sheetz Begins Construction of First Oakland County Location

October 21, 2025

Novi, October 21, 2025 News Summary Sheetz has commenced the construction of its inaugural store in Oakland County, located at 39471 W. 12 Mile Road. Set to open in spring 2025,...

AstroTurf synthetic turf field with athletes

AstroTurf Great Lakes Achieves Record Installations

October 14, 2025

Novi MI, October 14, 2025 News Summary In a remarkable feat, AstroTurf Great Lakes completed the installation of over 60 synthetic turf fields in the Midwest, enhancing athletic experiences across various...

Interior view of Paris Baguette Bakery Cafe in Novi

Paris Baguette Opens New Location in Novi, MI

October 14, 2025

Novi, MI, October 14, 2025 News Summary Paris Baguette Bakery Cafe has opened its third location in Michigan at 42768 Grand River, Novi. The cafe has gained attention since its soft...

Aerial view of luxury houses in Oakland County, Michigan

Significant Decline in Homebuilder Stocks Amid Market Turbulence

October 9, 2025

Detroit, Michigan, October 9, 2025 News Summary Homebuilder stocks in Detroit have seen a notable decline of over 9%, experiencing a four-day losing streak influenced by social media controversies. In contrast,...

Business professionals discussing Gentherm's financial results

Gentherm Inc. Reports Strong Q3 Results with Increased Revenue Guidance

October 24, 2025

Southfield, Michigan, October 24, 2025 News Summary Gentherm Inc. has announced a profitable third quarter, achieving a net income of $14.9 million, or 49 cents per share. The company’s adjusted earnings...

Screenshot of Novi AI video creation interface showcasing features.

Novi AI Launches Enhanced Video Creation Platform

September 30, 2025

Novi City, USA, September 30, 2025 News Summary Novi AI has unveiled its updated platform, Web V2.1.0, designed for AI-driven video creation. This version allows users to create high-quality videos without...

Exterior view of JMJ Painting location in Novi, Michigan

JMJ Painting Expands with New Location in Novi, Michigan

September 20, 2025

Novi, Michigan, September 20, 2025 News Summary JMJ Painting and Powerwashing has announced the opening of a new office in Novi, Michigan. This expansion aims to enhance service delivery in the...

Exterior view of the new JMJ Painting and Powerwashing location in Novi, Michigan

JMJ Painting and Powerwashing Opens New Location in Novi, Michigan

September 19, 2025

Novi, Michigan, September 19, 2025 News Summary JMJ Painting and Powerwashing has launched a new location in Novi, Michigan, to better serve the growing Oakland County market. This strategic expansion will...

SLI Medical Company building showing signs of financial distress

SLI Medical Enters Receivership Amid Major Lawsuits

September 7, 2025

Novi, Michigan, September 7, 2025 News Summary Supply Line International Medical LLC has entered receivership following a lawsuit from three banks for unpaid loans totaling $23 million. The company, which specializes...

Illustration depicting financial loss in the automotive sector

Stoneridge Inc. Reports Significant Loss Amidst Revenue Generation

August 10, 2025

News Summary Stoneridge Inc. has reported a $9.4 million loss for the second quarter, equating to 34 cents per share, despite generating $228 million in revenue. The adjusted loss stands...

Overview of Gentherm's Q2 financial results with charts and data

Gentherm Inc. Reports Mixed Q2 Financial Results

July 31, 2025

News Summary Gentherm Inc. announced its second-quarter results, revealing a significant drop in net income to $477,000, down from $18.9 million the previous year. Adjusted earnings fell short of expectations...

Automotive assembly line featuring Gentherm climate control technology

Gentherm Reports Second Quarter Financial Results

July 25, 2025

News Summary Gentherm Inc. reported its second-quarter financial results, showing a net income of $477,000 versus expectations of 59 cents per share. While quarterly revenue reached $375.1 million, beating forecasts,...

Conceptual image of Novi City West mixed-use development

Novi City West Development Set to Transform Grand River Avenue

May 31, 2025

News Summary Novi, Michigan, is about to embark on a transformative journey with the Novi City West development, a $270 million mixed-use project. This initiative aims to revitalize the Grand...

AstroTurf synthetic turf field with athletes

AstroTurf Great Lakes Achieves Record Installations

October 14, 2025

Novi MI, October 14, 2025 News Summary In a remarkable feat, AstroTurf Great Lakes completed the installation of over 60 synthetic turf fields in the Midwest, enhancing athletic experiences across various...

Conceptual image of Novi City West mixed-use development

Novi City West Development Set to Transform Grand River Avenue

May 31, 2025

News Summary Novi, Michigan, is about to embark on a transformative journey with the Novi City West development, a $270 million mixed-use project. This initiative aims to revitalize the Grand...

Render of Novi City West project featuring residential and commercial spaces

Novi City West: A $270 Million Development Project

May 30, 2025

News Summary Novi, Michigan, is set to undergo a major transformation with the introduction of the $270 million ‘Novi City West’ development. This project will feature over 400 housing units,...

Concept art of the Novi City West mixed-use development

Novi City West: A New Mixed-Use Development Proposal

May 29, 2025

News Summary A new mixed-use development, Novi City West, has been proposed to revitalize the Grand River corridor in Novi, Michigan, with an estimated cost of $270 million. The project...

Conceptual design of the Novi City West development project with hotel and residential buildings

Novi to Launch $270 Million City West Development Project

May 29, 2025

News Summary Novi, Michigan is set to transform with a new $270 million development named Novi City West. Spearheaded by Blair Bowman, the project will include a hotel, grocery store,...

Artist's rendering of Twelve Oaks Mall redevelopment with new attractions

Redevelopment of Former Sears Store at Twelve Oaks Mall

May 28, 2025

News Summary The long-abandoned Sears store at Twelve Oaks Mall in Novi, Michigan, will be redeveloped to include attractions like Dick’s House of Sport, Round1 Bowling and Arcade, and Primark....

New Schoenherr Roofing location in Novi, MI

Schoenherr Roofing Opens New Location in Novi, MI

March 24, 2025

News Summary Schoenherr Roofing, a trusted name in the roofing industry, marks its 30th anniversary by opening a new location in Novi, Michigan. With over 6,200 successful installations, this company...

Modern roofing project by Schoenherr Roofing in Novi, MI

Schoenherr Roofing Celebrates 30 Years with New Novi Location

March 21, 2025

News Summary Schoenherr Roofing, a trusted name in roofing services since 1995, has opened a new location in Novi, Michigan, marking their 30th anniversary. Known for their quality craftsmanship and...

Sheetz convenience store illustration with electric vehicle chargers and outdoor seating.

Sheetz to Open Four New Locations in Metro Detroit

February 7, 2025

News Summary Sheetz has announced plans to expand in Metro Detroit with four new convenience store locations, bringing the total to 13 approved stores in the area. The new sites...

Interior of Salon Head West showcasing stylists and clients in a warm environment.

Novi Community Mourns Owner of Beloved Salon Head West

March 16, 2025

News Summary The Novi community is coming together to support Salon Head West, a cherished establishment that recently faced a heartfelt transformation following the owner, Jeff West’s, diagnosis of Stage...

Specialty vehicle manufacturing at The Shyft Group

The Shyft Group Announces Cash Dividend for Shareholders

February 20, 2025

News Summary The Shyft Group, a leading manufacturer of specialty vehicles based in Southfield, Michigan, has announced a cash dividend of $0.05 per share for its shareholders. The dividend will...

Farmington Hills Celebrates BurgerFi Joining the Savvy Sliders Family

Farmington Hills Celebrates BurgerFi Joining the Savvy Sliders Family

December 19, 2024

Farmington Hills Welcomes BurgerFi to the Savvy Sliders Family! Good news for burger lovers in Farmington Hills! Savvy Sliders, the rising star of the fast-casual dining scene, has made a...

Wayne County Experiences Surge in Home Sales with Over 400 Transactions in Just One Week

Wayne County Experiences Surge in Home Sales with Over 400 Transactions in Just One Week

December 16, 2024

Wayne County Real Estate: A Flurry of Home Sales! Hey there, folks! Have you heard the latest buzz about the housing market in Wayne County? From December 9 to December...

Dearborn Heights Dominates Wayne County Real Estate Market with Record Sales

Dearborn Heights Dominates Wayne County Real Estate Market with Record Sales

December 14, 2024

Dearborn Heights Holds the Crown in Wayne County Real Estate Sales! Hello, everyone! It seems that the real estate market in Dearborn Heights is buzzing with excitement! Just last week,...

Birmingham Firm Spreads Holiday Cheer with Successful Food Drive

Birmingham Firm Spreads Holiday Cheer with Successful Food Drive

December 3, 2024

Birmingham Firm Spreads Holiday Cheer with Food Drive The spirit of giving is alive and well in Birmingham! DesignTeam Plus, a local architecture and interior design firm, has just wrapped...

Wayne County Real Estate: Discover Hot Homes Under $500,000!

Wayne County Real Estate: Discover Hot Homes Under $500,000!

November 27, 2024

Wayne County Real Estate Buzz: Hot Homes Under $500,000! Hey there, Wayne County residents! Are you on the hunt for your dream home without breaking the bank? Well, you’re in...

Wayne County Real Estate Thrives with Homes Under $200K

Wayne County Real Estate Thrives with Homes Under $200K

November 21, 2024

Wayne County Sees Thriving Real Estate Market Under $200K Hey there, folks! If you’re in the market for a new home without breaking the bank, then you’re in luck! Wayne...

Exciting New Clean Express Auto Wash Opens in Waterford Township with Grand Opening Specials and Community Contributions

Exciting New Clean Express Auto Wash Opens in Waterford Township with Grand Opening Specials and Community Contributions

November 15, 2024

Exciting News for Waterford Township: Clean Express Auto Wash Grand Opening! Waterford Township is buzzing with excitement as it welcomes the latest addition to their community: the third Clean Express...

Sakura Gardens with cherry blossom trees and Paris Baguette bakery.

Novi Celebrates Grand Opening of Sakura Gardens and Bakery

October 26, 2025

Novi, October 26, 2025 News Summary Novi recently hosted a grand opening for Sakura Gardens and Paris Baguette, part of the city’s first Asian-themed mixed-use development. Sakura Gardens includes serene landscapes...

Aerial view of luxury houses in Oakland County, Michigan

Significant Decline in Homebuilder Stocks Amid Market Turbulence

October 9, 2025

Detroit, Michigan, October 9, 2025 News Summary Homebuilder stocks in Detroit have seen a notable decline of over 9%, experiencing a four-day losing streak influenced by social media controversies. In contrast,...

Exterior view of JMJ Painting location in Novi, Michigan

JMJ Painting Expands with New Location in Novi, Michigan

September 20, 2025

Novi, Michigan, September 20, 2025 News Summary JMJ Painting and Powerwashing has announced the opening of a new office in Novi, Michigan. This expansion aims to enhance service delivery in the...

Exterior view of the new JMJ Painting and Powerwashing location in Novi, Michigan

JMJ Painting and Powerwashing Opens New Location in Novi, Michigan

September 19, 2025

Novi, Michigan, September 19, 2025 News Summary JMJ Painting and Powerwashing has launched a new location in Novi, Michigan, to better serve the growing Oakland County market. This strategic expansion will...

Cold storage logistics operations at Lineage warehouse

Lineage Reports Strong Q2 Performance Amid Challenges

August 9, 2025

News Summary Lineage, a cold-storage REIT, reported a robust performance for Q2, with earnings of $211 million, surpassing projections. The company plans an IPO aimed at raising up to $3.85...

Scene of a JCPenney store in a shopping mall

Onyx Partners Acquires 119 JCPenney Stores in Major Deal

July 31, 2025

News Summary Onyx Partners, the Boston-based private equity firm, has acquired 119 JCPenney stores for $947 million in an all-cash transaction. This acquisition is part of a strategy to generate...

Exterior view of the Residence Inn Detroit Novi

Hunter Hotel Advisors Facilitates Acquisition of Residence Inn Detroit Novi

July 15, 2025

News Summary Hunter Hotel Advisors has announced the acquisition of the Residence Inn Detroit Novi by Spark GHC, adding 107 keys to their portfolio. Located in a vibrant area near...

Exterior view of Residence Inn Detroit Novi

Spark GHC Acquires Residence Inn Detroit Novi

July 15, 2025

News Summary Spark GHC has successfully completed the acquisition of the Residence Inn Detroit Novi, expanding its portfolio in the extended-stay hospitality sector. This property, featuring 107 rooms and several...

Conceptual image of Novi City West mixed-use development

Novi City West Development Set to Transform Grand River Avenue

May 31, 2025

News Summary Novi, Michigan, is about to embark on a transformative journey with the Novi City West development, a $270 million mixed-use project. This initiative aims to revitalize the Grand...

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