Virginia ABC reports $1.4B in FY 2021 revenue
The Virginia Alcoholic Beverage Control Authority (ABC) reported $1.4 billion in gross revenue for fiscal year 2021, up $163 million over the previous fiscal year. It’s the third year in a row the state authority has surpassed $1 billion. As a division of state government, ABC sends its profits — $616.4 million — to the […]
Virginia ABC announces Pappy Van Winkle lotteries
On Wednesday, the Virginia Alcoholic Beverage Control Authority announced that several highly prized Pappy Van Winkle whiskey products will be entered into an online lottery in March and April. The 23-year-old bourbon whiskey costs $300 per bottle, but in the online marketplace, a bottle of 25-year-old Old Rip Van Winkle bourbon was on sale for […]
Va. ABC recognized as top alcohol enforcement agency
The Virginia Alcoholic Beverage Control Authority (ABC) won the Alcohol Law Enforcement Agency of the Year award from the National Liquor Law Enforcement Association (NLLEA), the agency announced Wednesday. This marks the third time that Virginia ABC has earned this recognition — also marking wins in 2002 and 2017. The NLLEA is a nonprofit association […]
ABC reports record $1.2B in FY 2020 revenue
The Virginia Alcoholic Beverage Control Authority (ABC) broke its gross revenue record again during fiscal year 2020, reporting $1.2 billion in gross revenue, the ABC announced Wednesday. Last year, the state agency surpassed $1 billion in revenue for the first time. ABC’s profits of $545.3 million (an increase of $45.8 million over last year) will […]
Retail | Wholesale
ROBERT A. ‘BOB’ ARCHER CHAIRMAN AND CEO, BLUE RIDGE BEVERAGE CO., SALEM Robert Archer runs the wholesale beverage retailer his parents bought in 1959 after moving to Salem. When his father, James Archer, died in 1972, his mother, Regine Archer, became president and forged ahead on decades of growth and acquisitions. Blue Ridge distributes a […]
Virginia ABC stores cut operating hours
Due to the ongoing coronavirus crisis, the Virginia Alcoholic Beverage Control Authority (ABC) is reducing operating hours at all of its statewide retail locations starting Friday, March 27. ABC’s 388 stores across the commonwealth will be open from noon to 7 p.m., seven days a week. ABC stores in the Peninsula Health District, which includes […]
Richmond ABC store near VCU closes due to COVID-19
A Virginia Alcoholic Beverage Control Authority (ABC) retail store near Virginia Commonwealth University in Richmond has been closed until further notice after a store employee’s roommate tested positive for COVID-19. Both roommates are quarantined at home. Located at 1217 West Broad Street near the corner of West Broad and North Harrison streets, the store is […]
Virginia ABC breaks ground on $91M HQ in Hanover County
Gov. Ralph Northam led a groundbreaking ceremony Tuesday for the Virginia Alcoholic Beverage Control Authority’s $91 million state headquarters complex in Hanover County, expected to open next year. Virginia ABC’s existing warehouse in Richmond is just more than 295,000 square feet, but is operating at 100% capacity and “bursting at the seams,” said Virginia Secretary [&hel[...]