Retailers expect sales for the full holiday season to be up over last year, but they’ve shifted away from typical ‘doorbuster’ sales on the day after Thanksgiving.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
FedEx, UPS can’t get enough vans to keep up with delivery rush
Some of the bottleneck lies with manufacturers of custom truck bodies for step vans, which were affected by the auto plant closures.
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Posted inBusiness, Maine, Morning Sentinel
Canceled fundraisers leave surplus of poinsettias as Fairfield, Manchester florists seek new markets
Sunset Flowerland and Greenhouses along with Longfellow’s Greenhouse are looking for ways to sell their stock of poinsettias after fundraisers and church events were canceled because of the pandemic.
Posted inBusiness, Nation & World
EU parliament backs lobster deal, mini trade pact with U.S.
The deal includes the elimination of customs duties on American lobster imports.
Posted inBusiness, Maine
Another 2,800 Mainers file new unemployment claims
Tens of thousands more are filing weekly to collect continued unemployment benefits as the economy continues to struggle.
Posted inBusiness, Nation & World
U.S. jobless claims up for 2nd straight week as virus worsens
The number of Americans applying for unemployment benefits rose last week for a second straight week to 778,000.
Posted inBusiness, Food & Dining
The Wrap: Lois’ closes Portland market; Vena’s closes for now but has plans to expand
Portland indoor farmers market returns. Send us your favorite recipes for our virtual cookie swap.
Posted inBusiness, Maine, News
Bull Moose closing store in downtown Portland
The company cites a lack of foot traffic and an expiring lease as reasons for the closure, which won’t affect its other stores.
Posted inBusiness, Maine
Downeaster still chugging along despite low ridership
With four out of five daily trips from Brunswick to Boston back up and running following a two-month shut down in the spring and only up to 50 percent capacity on a train at a time, Downeaster officials are reporting only about 400 travelers per day— just about a quarter of projected totals.