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Trump Town owner calls assault, indecent exposure charges ‘fake news’
Donald “Whitey” Taylor, owner of Trump Town, a Boones Mill store dedicated to merchandise celebrating the 45th president, and a candidate for mayor in that same small town, was arrested Tuesday on charges of indecent exposure and assaulting store employees. Taylor, 74, sent a text to Virginia Business, describing the criminal charges against him as […]
Bassett reports Q3 loss, with performance hurt by cyberattack
Bassett Furniture reported $75.6 million in consolidated third quarter sales, a 13.3% decline from last year and a 9% drop from last quarter. It also recorded an operating loss of $6.4 million, its fifth consecutive loss. The overall loss included a $1.2 million loss on a logistical services contract the company chose to abandon to […]
Boones Mill store plays Trump card
The red, white and blue Trump Town sign hanging high upon a former Boones Mill church is as prominent as a sign can be without being lit by neon. But in case drivers passing through town somehow miss it, there’s also a 15-foot cutout of a smiling Donald J. Trump leaning up against the building, […]
Judge approves LL Flooring’s sale of Sandston plant, assets
A Delaware Bankruptcy Court judge on Monday approved the sale of 219 LL Flooring stores to an entity connected to F9 Group, which is owned by Lumber Liquidators founder and former CEO Thomas Sullivan. The court also OK’d the $104.75 million sale of the bankrupt flooring company’s eastern Henrico County distribution center to an entity […]
LL Flooring to sell 219 stores; 211 other stores set to close
Henrico County’s LL Flooring, which declared Chapter 11 bankruptcy last month, has signed an agreement to sell 219 stores and other assets to F9 Investments, the company announced Sept. 6. LL Flooring plans to close 211 other stores nationwide, up from 94 stores previously announced. With this agreement, F9 Brands owner Tom Sullivan, the founder […]
Virginia 500: The 2024-25 Power List
Who are Virginia’s most powerful and influential leaders in business, government, politics and education this year? Find out in the fifth annual edition of the Virginia 500: The 2024-25 Power List. Read more about how we assembled the Virginia 500 from our editor. Executives are listed in alphabetical order by industry. Below you will find links […]
2024 Virginia 500: Retail | Wholesale | Food | Beverage
ROBERT A. ‘BOB’ ARCHER CHAIRMAN, BLUE RIDGE BEVERAGE, SALEM ELIZABETH ‘LIZA’ MYERS BORCHES PRESIDENT AND CEO, CARTER MYERS AUTOMOTIVE, CHARLOTTESVILLE YOUNG CHOI PRESIDENT AND CEO, STARKIST, RESTON REID A. BROWN PRESIDENT, BROWN DISTRIBUTING, RICHMOND MICHAEL DAVIS CEO AND PRESIDENT, CORT BUSINESS SERVICES, CHANTILLY RICK DREI[...]
LL Flooring to be delisted from NYSE
Updated Aug. 14 The New York Stock Exchange has informed Henrico County-based LL Flooring Holdings that its common stock will be delisted from the stock exchange and that trading was to be immediately suspended after the company filed for Chapter 11 bankruptcy Sunday, LL Flooring announced Tuesday. In a news release, LL Flooring said that […]
LL Flooring files for bankruptcy
LL Flooring, the Henrico County flooring company previously known as Lumber Liquidators, announced Sunday it has entered Chapter 11 bankruptcy proceedings and is pursuing a sale of its business. Also, according to documents filed with the Securities and Exchange Commission, the company has received a nonbinding letter of intent to sell its Henrico County distribution […]
Kroger names new mid-Atlantic president
Kroger has named Kate Mora president of its mid-Atlantic division, replacing Lori Raya, who’d held the role since 2021 and is retiring, according to a Tuesday news announcement by the grocery store chain, which has nearly half a million employees across 2,800 stores in 35 states, including 68 stores in Virginia. Mora will work in […]
StartVirginia: Heard Around Virginia August 2024
Blacksburg is moving forward with the renovation of a former dry-cleaning business into a retail business incubator. Slated to open by the end of 2025, the Blacksburg Retail Incubator is planned at 414 N. Main St., a 5,000-square-foot building owned by the town. After the building has been improved, Downtown Blacksburg Inc. will locate there […]
Military Circle plans shift in new direction
The fate of Norfolk’s closed Military Circle Mall has yet to be determined, but city officials are considering how the property could leverage sports tourism and offer retail and housing options. The city bought the 54-year-old, long-declining mall building and the surrounding 73 acres in 2020 for $11 million. As Norfolk seeks to repurpose the […]
