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2026 Virginia Power 50 List: ARIE KOTLER
CHAIRMAN, PRESIDENT AND CEO ARKO HENRICO COUNTY
Coca-Cola Consolidated buys Orvis’ Roanoke warehouse for $29.7M
Coca-Cola Consolidated buys Orvis’ Roanoke warehouse for $29.7M, launching a new distribution hub as the retailer restructures.
Virginia data center tax reform passes House as other sales tax bills stall
The bill requires data centers to use noncarbon emitting generators and backup sources to qualify for existing sales and use tax exemptions.
New York firm acquires Virginia Beach shopping center for $102M
An affiliate of Yale Realty Services has purchased the Landstown Commons Shopping Center in Virginia Beach for $102 million.
Norfolk’s MacArthur Center to be demolished this year
The city of Norfolk announced Friday that it will close and demolish the MacArthur Center mall as part of a redevelopment plan for the site.
Amazon to close five Virginia stores, cut nearly 700 jobs
Amazon plans to close five Amazon Fresh stores in Northern Virginia, laying off about 700 workers beginning April 27.
As Costco rumors swirl, Botetourt OKs agreement
Costco rumors grow after Botetourt County approved an agreement for a national destination retailer near Interstate 81 in Daleville.
Buc-ee’s delays second Virginia location by four years
Buc-ee’s has pushed the expected opening of its New Kent County travel center from 2027 to December 2031.
Chesterfield Towne Center sells to New York, Swiss companies
Chesterfield Towne Center, the largest enclosed mall in the Richmond area, was sold on Dec. 12 to JRE Partners and Anastacia AG for an undisclosed amount.
Virginia lawmakers outline new retail marijuana plans
Lawmakers who in coming months will contribute to shaping the bills that launch Virginia’s long-awaited retail marijuana market unveiled some plans Tuesday. Members of the Joint Commission to Oversee the Transition of the Commonwealth into a Cannabis Retail Market discussed at a meeting in Richmond proposed legislative amendments they will suggest making to the 2025 […]
Best Buy ups sales outlook heading into holiday shopping ramp-up
Best Buy raised its full-year forecast after strong third-quarter results, with computing, gaming and mobile driving 2.7% comparable-sales growth.
