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Home>Virginia Business

Virginia Business

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Recent Articles from Virginia Business

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: SHEEHY IV, VINCE

Sheehy carries on his father’s legacy as an auto dealer, manning the largest dealership group in Virginia and one of the largest in the nation. His late father, Vincent Sheehy III, founded Sheehy Ford in Maryland in 1965 as a suburban business near the newly built Capital Beltway. Sheehy Auto Stores was ranked No. 33 in […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: WARREN THOMPSON

Thompson became an entrepreneur as a teen, when he purchased and ran his family’s hog farm in Windsor. He now heads the largest minority-owned food and facilities management corporation in the nation, which he founded in 1992 with the purchase of 31 Bob’s Big Boy restaurants. Thompson Hospitality provides dining services for more than 200 […]

Retail | Wholesale | Food | Beverage 2025: SEVER, MICHAEL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: SEVER, MICHAEL

Sever, a longtime Hershey employee, was named plant manager of the candymaker’s Stuarts Draft manufacturing facility in 2022. He had previously been site operations leader at the facility, which produces nut-based candies like Reese’s Peanut Butter Cups and Almond Joy. The plant, which opened in 1982, is the second largest of Hershey’s seven manufacturing sites. Sever managed [[...]

Economic Development 2025: BELCHER, JONATHAN S.
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: RAMPOLDT, JOEL

Lidl, a German discount retail grocery chain, entered the U.S. market in 2017. But it struggled to compete with its chief rival, Aldi, and Lidl has changed its U.S. CEO three times since 2018. In 2023, Rampoldt took the reins as the first American to lead Lidl’s U.S. division and its expansion. As of July, […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: QREITEM, FOUAD A.

In the late 1990s, Qreitem founded Capital Restaurant Group, the company behind Paisano’s Pizza, based in Chantilly. He opened his first Paisano’s location in the Shops at Fair Lakes 25 years ago and the brand became a franchise model in 2009. The company now has more than 40 locations in Virginia, Maryland and Washington, D.C., […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: POHANKA, GEOFFREY

Pohanka’s family has been selling cars since Frank Pohanka opened a Washington, D.C., dealership in 1919. Today, headed by Frank’s grandson Geoffrey, the company has more than 20 locations in Virginia, Maryland and Texas, and is one of the largest Virginia-based auto dealerships. It had revenue of roughly $2 billion as of 2024 and more […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: NASH, WILLIAM D. ‘BILL’

Nash began at CarMax in 1997 as an auction manager, working his way up to president and CEO in 2016. Founded in 1993 in Richmond as a subsidiary of electronics retailer Circuit City, Fortune 500 company CarMax is the country’s largest retailer of used cars, employing almost 30,000 people, including 3,300 in Virginia. It reported […]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: PARKER, DREW

Carter Machinery has deep roots in Virginia, tracing back to 1928, when Robert Hill Carter founded Virginia Tractor in Richmond. The company was the state’s first Caterpillar dealership, and it is still going today as an independent dealer with more than 30 locations. It has more than 2,300 employees in Virginia, West Virginia, Maryland, Delaware […]

Retail | Wholesale | Food | Beverage 2025: MURRELL, JERRY
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: MURRELL, JERRY

As a young student in Michigan, Murrell’s academic struggles prompted a warning from a nun at his Catholic school: He would end up flipping burgers. It took a few years, during which he earned an economics degree from the University of Michigan, worked in life insurance, got married twice and had five sons. But eventually […]

Retail | Wholesale | Food | Beverage 2025: MURPHY, KEVIN
Retail | Wholesale | Food | Beverage 25 September 2, 2025

Retail | Wholesale | Food | Beverage 2025: MURPHY, KEVIN

Murphy got his start in the plumbing industry working summers at his father’s business, Midwest Pipe and Supply, which was purchased by Ferguson in 1999. A plumbing and heating products distributor with about 35,000 employees, Ferguson reported $29.6 billion in net sales in 2024. The company made its Fortune 500 debut this year at No. […]

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Top Stories

Port of Virginia nears finish of $450M dredging project

Federal employment, trade declined in 2025 in Virginia

Virginia saw some economic growth in 2025, but it was slow compared to 2024, and statewide unemploym[...]

Gov. Glenn Youngkin announced LS Cable & System's plans for additional facilities in Chesapeake at the Patrick Henry Building in Richmond on Dec. 12, 2025. Photo by Katherine Schulte/Virginia Business.

LS Cable to add $689M factory in Chesapeake, creating 430 jobs

LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilitie[...]

Retail | Wholesale | Food | Beverage 2025: WEIHRAUCH, POUL

Mars completes $36B Kellanova acquisition

McLean-based candy and pet care giant Mars announced Thursday that it has completed its $36 billion [...]

Depositphotos

Avio USA picks Virginia for $500M solid rocket motor factory

Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. [...]

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton to invest $50M in Henrico expansion, adding 200 jobs

Eaton will invest over $50 million to expand its existing manufacturing footprint in Henrico County [...]

Stocks slip as S&P 500 pulls back from record high

University board fight ends; Spanberger to fill 22 seats

The legal battle between Gov. Glenn Youngkin and state Senate Democrats over university boards of vi[...]

People

Science Applications International Corp. (SAIC) has tapped Peraton executive Ravi Dankanikote to be chief growth officer. Photo courtesy SAIC

Peraton executive returns to SAIC as chief growth officer

17/12/2025

Theodore “Ted” Tanner Jr. will join Leidos as CTO in January. Photo courtesy Leidos

Leidos names AI chief technology officer

15/12/2025

Fritz Sassine. Photo courtesy Virginia General Assembly

Virginia legislature appoints new automated systems director

9/12/2025

Regions

The Hard Rock Hotel & Casino Bristol produced $13.18 million in gaming tax revenue for 14 localities. Photo courtesy Hard Rock Hotel & Casino Bristol

Bristol hopes for bigger share of casino tax

The Hard Rock Hotel & Casino Bristol this November marked its first year in its permanent facili[...]

June 2025 for the record

FOR THE RECORD December 2025

Central Virginia  Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have c[...]

Four cards and a stack of chips on a green felt table

Virginia casinos report $82M in October revenue

October gaming revenues for Virginia’s three casinos totaled $82.1 million, according to data the [...]

Virginia Intermont College campus owner modifies plans

Virginia Intermont College campus owner modifies plans

The owner of the former Virginia Intermont College in Bristol plans a new four-year school and mixed[...]


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