Saks to close Richmond store, laying off 40 workers
Saks Fifth Avenue will close its Richmond store, cutting 40 jobs as parent company seeks bankruptcy court approval.
Richmond public media company taps new CFO
VPM announced that longtime financial executive Ed Brown has joined the company as its new chief financial officer.
Universal Corp. names CFO after withdrawing offer to another
Universal Corp. names Steven Diel CFO after reversing a prior hire. He succeeds Johan C. Kroner, who will retire in July.
Cannabist Co. completes $130M sale of Virginia medical marijuana biz
The Cannabist Co. announced Thursday that it has completed the $130 million sale of its Central Virginia medical marijuana business
Virginia Chamber elects UVA Health exec as board chair
The Virginia Chamber of Commerce on Wednesday elected Jennifer Siciliano to chair its board of directors this year.
Swedish Match, Bear Express announce closings in Virginia
Swedish Match is closing its Richmond office, while Bear Express is closing its Norfolk and Virginia Beach facilities.
Former Dominion Energy tower in Richmond getting $158M makeover
The former Dominion Energy tower in downtown Richmond is undergoing a $158 million transformation that will result in a hotel and housing.
Richmond Fed leader sees less economic uncertainty in 2026
Gas prices are down, and tax refunds next month will provide some economic stimulus, Richmond Fed President Tom Barkin said Thursday.
Best Products co-founder Frances Lewis dies at 103
Frances Aaronson Lewis, who co-founded Henrico County's Best Products retail company and was a major figure among contemporary art collectors in the United States, died Jan. 10, her family announced Tuesday.
Sauer Properties taps new president
Richmond-based private real estate company Sauer Properties announced Tuesday that it has promoted Marshall French to president.
VCU advances its Diamond District plans
Virginia Commonwealth University was expected to wrap up deals by the end of 2025 for the Richmond Economic Development Authority to buy VCU’s aging Sports Backers Stadium and for its Rams baseball team to play at the forthcoming CarMax Park stadium. VCU, the City of Richmond and Navigators Baseball, which owns the Richmond Flying Squirrels […]
Longtime SCC banking commissioner to retire
Joseph Face Jr., who has served as the SCC's commissioner of the Bureau of Financial Institutions since 1997, will retire in January 2026.





















