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Richmond

The Saks Fifth Avenue flagship store, after the store filed for bankruptcy protection, in New York City, U.S., Jan. 14, 2026. REUTERS/Brendan McDermid/File Photo
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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Feb 6, 2026

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

The Virginia Chamber of Commerce on Wednesday elected Jennifer Siciliano to chair its board of directors this year.
Feb 5, 2026

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, a Philip Morris International subsidiary, is closing its office in April 2026, the company announced. Photo by Adobe Stock
Feb 2, 2026

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.

The former Dominion Energy tower at 707 E. Main St. in Richmond. The building is being repurposed to include a hotel and multifamily housing. Photo courtesy Douglas Development
Jan 22, 2026

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 Federal Reserve Bank President and CEO Tom Barkin speaks Jan. 15, 2026, at the 2026 Financial Forecast held in Richmond by Virginia Bankers Association and the Virginia Chamber. Photo by Kate Andrews
Jan 15, 2026

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.

Frances Lewis, pictured here in 2010, was co-founder of Best Products and a major contemporary art collector and donor to the Virginia Museum of Fine Arts. Photo courtesy Virginia Museum of Fine Arts
Jan 13, 2026

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.

Marshall French, new president of Sauer Properties.
Jan 9, 2026

Sauer Properties taps new president

Richmond-based private real estate company Sauer Properties announced Tuesday that it has promoted Marshall French to president.

L to R: Richmond Mayor Danny Avula, Flying Squirrels President Lou DiBella, VCU Athletics’ Ed McLaughlin and Richmond EDA Director Angie Rodgers Photo courtesy City of Richmond
Dec 31, 2025

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 […]

Joe Face is retiring as commissioner of financial institutions for the Virginia State Corporation Commission. Photo courtesy State Corporation Commission
Dec 16, 2025

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.

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