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Richmond

Construction underway on $144M Richmond apartment building
Mar 26, 2026

Construction underway on $144M Richmond apartment building

Hoffman & Associates and DeBartolo Development broke ground on a $144 million project in Richmond that will add 366 apartments.

Kristen Cavallo. Photo courtesy The Martin Agency.
Mar 26, 2026

Cavallo to return as Martin Agency CEO

Kristen Cavallo is returning as the CEO of prominent Richmond-based ad agency The Martin Agency, according to a Thursday LinkedIn post from the agency.

John A. Luke Jr., a former rector of the VCU Board of Visitors
Mar 25, 2026

Longtime Richmond business leader dies at 77

John A. Luke Jr., a key figure in Richmond’s business community as longtime chief executive of MeadWestvaco, died March 14.

Dr. Robert Winn is leaving Virginia Commonwealth University's Massey Center in June. Photo courtesy VCU.
Mar 24, 2026

Head of VCU Massey Center to depart

Dr. Robert Winn, director of the Virginia Commonwealth University Massey Comprehensive Cancer Center, is leaving the center in June.

L to R: Harry Golliday and William "Billy" Beale. Photo courtesy Blue Ridge Bankshares
Mar 16, 2026

Blue Ridge Bankshares CEO retires after turnaround

Blue Ridge Bankshares CEO and president Billy Beale retires after leading the bank through regulatory trouble and a return to profitability.

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Mar 12, 2026

VCU hopes to acquire Altria building in Richmond for $150M

Virginia Commonwealth University has signed a letter of intent to acquire Altria Group’s building in downtown Richmond for $150 million.

The Saks Fifth Avenue flagship store, after the store filed for bankruptcy protection, in New York City, U.S., Jan. 14, 2026. Photo by Reuters/Brendan McDermid
Mar 11, 2026

Saks to close Tysons Galleria store, laying off 70 workers

Saks Global Enterprises announced that it plans to close its Saks Fifth Avenue store at the Tysons Galleria, laying off 70 employees.

L to R: Henrico County Manager John Vithoulkas, ABB’s Franklin Sullivan and former Henrico EDA head Anthony Romanello celebrate ABB’s expansion. Official photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin
Mar 1, 2026

Data centers, manufacturing drive growth in Central Virginia

Central Virginia's 2025 growth driven by major data center projects and manufacturing investments, including Google, AstraZeneca, and Eli Lilly expansions.

CoStar cuts Richmond jobs as Homes.com faces scrutiny
Feb 19, 2026

CoStar cuts Richmond jobs as Homes.com faces scrutiny

CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism over spending and strategy.

The Saks Fifth Avenue flagship store, after the store filed for bankruptcy protection, in New York City, U.S., Jan. 14, 2026. Photo by Reuters/Brendan McDermid
Feb 12, 2026

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.

VPM announced that longtime financial executive Ed Brown has joined the company as its new chief financial officer. Photo courtesy VPM
Feb 11, 2026

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.

Steven S. Diel. Photo courtesy Universal Corp.
Feb 10, 2026

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.

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