Va. ABC hires chief digital and branding officer
The Virginia Alcoholic Beverage Control Authority has named Vida Williams as its first chief digital and branding officer, the authority announced Thursday. Williams will guide the state ABC’s digital and web operations, communications and education with prevention teams, and support e-commerce initiatives. She started at the end of July. “Virginia ABC is committed to its […]
VCU buys former Va. ABC property for $16M
Virginia Commonwealth University on Friday purchased the former Virginia Alcoholic Beverage Control Authority’s former central office and warehouse at 2901 Hermitage Road in Richmond for approximately $16 million, according to Virginia ABC. The sale of the 292,285-square-foot warehouse was included in the state operating budget. The Virginia ABC moved its headquarters and distribution center[...]
Va. ABC telework plan diverges from Youngkin mandate
Employees at the Virginia Alcohol Beverage Control Authority’s Mechanicsville headquarters will be returning to in-person work three days a week, not the four or five days a week that will be required of many state workers beginning July 5, following Gov. Glenn Youngkin’s telework order earlier this month. Virginia ABC CEO Travis Hill sent an […]
April 2022 top five
The top trending major business stories on VirginiaBusiness.com from Feb. 15 to March 14 were led by news that Washington Commanders owner Dan Snyder bought Virginia’s most costly home, once part of George Washington’s Mount Vernon. 1 | Dan Snyder owns Virginia’s most expensive house The owner of the Ashburn-based Washington Commanders bought the $48 […]
Virginia ABC announces next Pappy lottery
Want a bottle of Pappy Van Winkle bourbon whiskey without paying hundreds, even thousands of dollars? The Virginia Alcoholic Beverage Control Authority will serve up a shot at the popular whiskeys in an online lottery later this month. Virginia ABC customers will have the opportunity to enter online to win a chance to purchase five […]
Virginia ABC stores to change to noon opening
The Virginia Alcoholic Beverage Control Authority will change its daily opening hours to noon at its 395 stores starting Monday. Staffing stores has become difficult as “increasing numbers of ABC’s retail employees continue to be affected by COVID-19,” the authority said in a news release. Store closing times will remain the same. “Like other retailers […]
Virginia ABC names first chief transformation officer
The Virginia Alcoholic Beverage Control Authority has named Elizabeth Chu its first chief transformation officer, the authority announced Wednesday. Chu will guide Virginia ABC’s transformative efforts to ensure priorities and objectives are met, overseeing project management and business transformation, as well as diversity, equity and inclusion, according to a news release from the state A[...]
Retail | Wholesale
MICHAEL AKROP CEO, LEESA SLEEP LLC, VIRGINIA BEACH Akrop, who was Leesa Sleep’s president and chief operating officer, earned a promotion in January, becoming the online mattress retailer’s CEO. He has an extensive background in digital startups, having logged nearly a decade at Zappos, the online shoe retailer, and then two years at Vroom, a […]
Virginia ABC reports $1.4B in FY 2021 revenue
The Virginia Alcoholic Beverage Control Authority (ABC) reported $1.4 billion in gross revenue for fiscal year 2021, up $163 million over the previous fiscal year. It’s the third year in a row the state authority has surpassed $1 billion. As a division of state government, ABC sends its profits — $616.4 million — to the […]
New ABC laws go into effect July 1
Starting July 1, the Virginia Alcoholic Beverage Control Authority (ABC) will begin enforcing new laws passed by the Virginia General Assembly during its 2021 session, including allowing localities to create special large outdoor entertainment districts where consumption of alcohol would be allowed. Other measures passed by the Assembly include allowing restaurants to continue selling cocktails [&[...]
ABC stores return to pre-pandemic hours Friday
Officials with the Virginia Alcoholic Beverage Control Authority announced Tuesday that all ABC stores will return to pre-pandemic operating hours on Friday. For more than a year, Virginia’s ABC stores have operated at reduced hours due to the COVID-19 pandemic. Officials decided to limit hours the stores were open to allow time for staff to […]
Virginia, other states sue Augusta County company Nexus Services
Updated 3:30 p.m. Feb. 22 Virginia Attorney General Mark Herring joined Massachusetts and New York in suing Virginia-based bonding company Nexus Services Inc., alleging in the suit that its Libre by Nexus subsidiary “preys on consumers held in federal detention centers by offering to pay for consumers’ immigration bonds to secure their release.” In exchange […]