Close Menu
  • For Buyers
    • Retail News
    • Products & Suppliers
    • Ecommerce
    • Marketing & Management
    • Trade Show News
  • For Suppliers
    • Supplier News
    • Marketing & Management
    • Importing
    • Manufacturers
    • Warehousing
    • Finance
    • Show Exhibiting
  • Wholesale 101
  • Trade Show Calendar
  • Wholesale Products
Facebook X (Twitter) Instagram
Saturday, May 10
  • Subscribe
  • Submit Content
  • About Us
    • Contact Us
  • Advertise
    • Display Advertising
    • Email Marketing Campaigns
    • Newsletter Advertising
    • Sponsored Content
    • Lead Generation Services
  • Top Product Sources
Facebook X (Twitter) Instagram
WholesaleCentral.com Blog
  • For Buyers
    • Retail News
    • Products & Suppliers
    • Ecommerce
    • Marketing & Management
    • Trade Show News
  • For Suppliers
    • Supplier News
    • Marketing & Management
    • Importing
    • Manufacturers
    • Warehousing
    • Finance
    • Show Exhibiting
  • Wholesale 101
  • Trade Show Calendar
  • Wholesale Products
WholesaleCentral.com Blog
Home»For Buyers»Retail News»Virginia Retailers Group Backs Liquor Privatization Plan
Retail News

Virginia Retailers Group Backs Liquor Privatization Plan

PublisherBy PublisherSeptember 20, 2010Updated:February 8, 20232 Mins Read
Facebook Twitter Email
Share
Facebook Twitter Email

Independent retailers in Virginia are closer to gaining some of the coveted Alcoholic Beverage Control licenses to sell liquor in the state, after the Virginia Retail Merchants Association came out in favor of the governor’s proposal to take the industry private.

Gov. Bob McDonnell has proposed auctioning off 1,000 licenses to sell liquor in the state, taking the business out of government’s hands. If approved, his plan would provide a projected one-time windfall of $458 million for transportation needs in the state, plus ongoing revenue of $229 million annually from fees.

The VRMA announced its support in a statement: “Our retail members have extensive experience selling alcoholic beverage products in a responsible manner,” it said. “VRMA believes that the retail sale of all products is best served by the private sector.”

Laurie Peterson Aldrich, president of the VRMA, also noted “This is something our organization has supported for some time. This is not a core function of government; retailers should be left to do the retailing.”

Asked if there were any potential pitfalls for VRMA members should the proposal pass, Aldrich was realistic. “It’s all going to depend on how it [the final proposal] is structured. It’s probably going to need some tweaks.”

And there are indeed some roadblocks involved. The governor’s office has set a minimum bid for beer and wine store licenses at $100,000, well beyond the scope of many small owners. And preferences for the licenses will be given to businesses that agree to hire some of the state’s 677 existing ABC employees. But once the licenses are obtained, they can be sold, leased or transferred, pending ABC Commission approval.

Asked what she thought the chances were of the proposal passing, Aldrich said, “Pretty good. But we won’t see anything until after the November elections.”

And what about those fees? “We’re working on it,” she said. “We just had an opportunity to meet with members and that issue came up. We have a fair amount of concern about it.”

food and beverage small business
Share. Facebook Twitter Email
Previous ArticleOnline Buying: E-retailers Stand 10 Million Strong
Next Article Holiday Retail Sales Seen Increasing

Related Posts

Online Marketing Calendar for 2025: Don’t Miss These Critical Dates

December 17, 2024

5 Essential Tax Season Preparation Tips

January 24, 2024

7 Tips for Wholesale Inventory Management

January 23, 2024
Sign Up for Buyer Updates
WholesaleCentral.com

Join the Buyer's Network

Get news & updates only for retailers.

how-to
Wholesale 101 for Buyers

Amazon Return Pallets For Sale: How to Profit

11 Mins ReadUpdated:August 9, 2024

A big trend among some online sellers is buying Amazon return pallets and overstock and…

Retail News

5 Essential Tax Season Preparation Tips

10 Mins ReadUpdated:August 8, 2024

Are you ready for tax season? April 18 is approaching quickly, and many day-to-day decisions…

Ecommerce

7 Steps to Create Successful Shipping for Your Business

6 Mins ReadUpdated:August 8, 2024

by Sidney Karanja Today’s business environment is more globalized and complex than ever before. In…

Product News

Overstock Liquidations

6 Mins ReadUpdated:August 9, 2024

Overstock inventory refers to the excess goods or merchandise that a retailer has on hand…

Latest Posts

Crafting a Marketing Strategy for Electronics Retailers

January 21, 2025

Effective Digital Marketing Strategies for Health & Wellness Brands

January 21, 2025

Mastering Beauty Ads: 10 Strategies for Engaging Your Audience | Blog.Wholesalecentrl.com 

January 21, 2025

Jewelry Marketing Strategies: How to Attract Customers and Boost Sales in a Competitive Market

December 31, 2024

How to Open a Gift Shop: A Step-By-Step Guide

December 23, 2024

Online Marketing Calendar for 2025: Don’t Miss These Critical Dates

December 17, 2024
  • About Us
  • Subscribe
  • Contact Us
  • Advertise
  • Find Wholesale Sources
WholesaleCentral.com

Join the Buyer's Network

Get news & updates only for retailers.

Follow Us:

Copyright © 2025. Sumner Communications, Inc..

Type above and press Enter to search. Press Esc to cancel.