The closure in Augusta was one of nearly two dozen across the northeast; company officials cite shifting demographics and customer preferences as reasons for the closure.
Maine business
Posted inBusiness, Local & State
Five Questions looks back
Business owners and executives have shared some valuable pieces of advice. Here are five of them.
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Posted inBusiness, Local & State
KeyBank to close Winthrop branch, routing customers to Augusta
KeyBank official says increased use of digital and remote banking means ‘less foot traffic’ for branches.
Posted inBusiness, Local & State
SEC accuses Christian concert promoter in Freeport of investment fraud
The Securities and Exchange Commission says Jeffrey Wall of Freeport told investors that their money would fund New England music concerts and festivals but he used some of it to pay off debts.
Posted inBusiness, Local & State
Bateau Brewing headed for summertime debut in Gardiner
The craft brewery, located in the historic Dingley Block on Water Street, will expand the reach of a growing economic sector into southern Kennebec County.
Posted inBusiness, Local & State
Takeaways on building strong economy in central Maine
At Wednesday’s Central Maine Business Breakfast in Augusta, experts talked about what it takes to build a strong regional economy in central Maine. (Internet access helps.)
Posted inBusiness, Local & State
Newspaper that serves Maine’s immigrant community launches website
The free newspaper prints 10,000 copies a month, which are distributed through 200 locations.
Posted inBusiness, Local & State
Longtime Skowhegan Savings Bank president and CEO John Witherspoon to retire this year
David Cyr, executive vice president, has been appointed by the bank’s board of directors as the bank’s new president.
Posted inBusiness, Local & State, News
Publisher folds Portland Phoenix but hopes ads for legal pot can revive it
The alternative weekly, the last survivor in what was once a group of four Phoenix publications, stopped publication in February.
Posted inBusiness, Local & State
Investment, initiative continue to reshape downtown Augusta
Seven weeks after opening their doors, the owners of Huiskamer Coffee House on Water Street say the activity and investment in the downtown neighborhood made opening their business an easy decision.