The increase was driven by greater sales of cars, electronics, and at restaurants, the Commerce Department said Tuesday.
retail
Posted inBusiness, Local & State
Maine businesses pitching in to support Ukraine
The Retail Association of Maine is seeking donations from its members and the public, L.L. Bean is sending $300,000 in money and goods, and One Longfellow Square is holding a benefit concert.
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Posted inBusiness, Local & State, News
L.L. Bean sales grow 14% during 2nd year of pandemic; workers get 12% cash bonus
Growing interest in the outdoors during the pandemic continues boost the Freeport-based retailer’s sales.
Posted inBusiness, Local & State
Legislature moving to curb ‘dark store theory’ tax assessments
The challenges to assessments of large retail operations can cost communities million in property tax collections.
Posted inBusiness, Local & State
Maine businesses make few changes despite end of CDC mask advisory
Most retailers in the state already had dropped masking requirements for customers, and some had done so for public-facing workers.
Posted inBusiness, Nation & World
January retail sales surged 3.8% as threat of omicron faded
Last month’s increase was the largest since last March, when most American households received a final federal stimulus check of $1,400.
Posted inBusiness, Local & State
Maine businesses and residents feel inflation’s bite
Business owners and consumers say higher prices threaten to slow the state’s economic recovery as inflation hits a 40-year high.
Posted inGreg Kesich, Op-Eds, Opinion
The View From Here: ‘The Curse of Bigness’
The arrival of yet another big-box retailer in southern Maine is nothing to celebrate.
Posted inOp-Eds, Opinion
Commentary: Holiday gift returns choking retailers, landfills
Merchants won customers’ hearts with lenient refund policies. Now it’s backfiring, with dire financial and environmental results.
Posted inBusiness, Nation & World, News
Postal rate hike doesn’t stop catalog retailers from stuffing mailboxes
The 12 percent boost continues a positive trend for catalogers that are defying those who predicted their demise in a digital world.