The Virginia Department of Alcoholic Beverage Control has chalked up over $800 million dollars in sales for fiscal year 2014.
ABC profits combined with state taxes, sales tax, and wine and beer taxes, resulted in an all-time high of $387 million transferred to Virginia’s general fund, up $17 million from last year.
Jack Daniel’s 7 Black topped the list of ABC’s top-selling brands, followed by Smirnoff 80, Jim Beam, Grey Goose and Fireball Cinnamon, which saw an impressive 105 percent increase ($8.2 million) over the previous year’s sales.
The 3rd Annual Chamber Minority Business Conference was held Tuesday at the Jefferson School African American Heritage Center.
The conference offered several business related workshops for old and new businesses, and networking opportunities for business owners looking to team up with other minority businesses.
The event also included a keynote address from Gregory Fairchild, associate professor of business administration at the University Of Virginia Darden School.