The outdoor apparel retailer filed for bankruptcy this month and is poised to shutter 175 stores across the U.S. and Canada.
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Posted inBusiness, Local & State, News
Businesses are rolling with penny phase-out challenges
Some Maine retailers and others who handle cash transactions are rounding change to the nearest nickel in the absence of pennies.
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Posted inBusiness, Local & State, News
Report says Hannaford grocery prices are higher in low-income Maine communities
Customers, and organizers of a campaign against the company, have pointed out discrepancies across the state. Hannaford says the demographics of a community do not affect pricing.
Posted inBusiness, Local & State, News
L.L.Bean taps retail executive as new president, CEO
Greg Elder, who joined the Freeport-based company in 2007, says he ‘believes in the power of the outdoors to bring people together.’
Posted inBusiness, Local & State, News
What Maine’s back-to-school sales tell us about holiday spending
New state data shows people were willing to spend a little more money this fall, but some shoppers still plan on cutting costs for the holidays.
Posted inBusiness, Local & State, News
Maine company will reissue otter T-shirt Taylor Swift wore in ‘Showgirl’ film
Liberty Graphics in Midcoast Maine will reprint the shirt as part of a fundraising campaign to benefit the Monterey Bay Aquarium in California. Swifties donated more than $1.3 million in a day.
Posted inBusiness, Local & State, News
Immigrant owners are preserving Maine’s variety stores and markets
New Mainers are buying and operating village markets and variety stores across the state, often in rural areas where they are preserving the only retail access to gas, groceries and other necessities for miles around.
Posted inBusiness, Local & State, News
Postal Service rate increases could squeeze Maine businesses
The state’s remote geography means most shipments destined for beyond New England will face higher surcharges over the winter holiday season.
Posted inBusiness, Leslie Bridgers, Life & Culture, Local & State
Is Maine’s enthusiasm for fireworks fizzling out?
The number of stores in the state has been declining since 2018, and after an uptick during the pandemic, sales have slowed as well.
Posted inBusiness, Local & State, News
Bills targeting grocery price gouging fail to win lawmakers’ support
A legislative committee agreed with business advocates who say the bills are unnecessary and will make it impossible for businesses to manage risk.