The German company, which currently has no Maine stores, signed a lease in the Pine Tree Shopping Center on Brighton Avenue.
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Posted inBusiness, Local & State, News
Marden’s bargain hunters relish 60 years of fabulous finds
Founded in Fairfield in 1964, the surplus and salvage chain with 13 stores across Maine has been selling good stuff cheap for 6 decades.
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Posted inBusiness, Nation & World, News
Parent company of Saks Fifth Avenue to buy rival Neiman Marcus for $2.65 billion
Online behemoth Amazon will hold a minority stake.
Posted inLocal & State, Morning Sentinel
JCPenney to close Waterville store; Renys to move in next year
JCPenney plans to close its store at 60 Elm Plaza in Waterville on Sept. 22, and R.H. Reny Inc. owner John Reny confirmed Monday his company’s 19th store will open there next year.
Posted inBusiness, Kennebec Journal, Local & State, News
American Eagle Outfitters sued by fired Augusta employee alleging discrimination
Allison Kurasz says she was discriminated against because she’s a lesbian and has a disability, a finding that was supported by a Maine Human Rights Commission investigator’s report after the company ignored requests for evidence.
Posted inBusiness
Crafts retailer Joann files for Chapter 11 bankruptcy as consumers cut back on pandemic-era hobbies
Joann’s bankruptcy filing arrives amid both a slowdown in discretionary spending overall and during a time consumers are taking a step back from at-home crafts, at least relative to a boom seen at the start of the COVID-19 pandemic.
Posted inBusiness, Nation & World, News
Retail sales up strongly in December as Americans continue to spend
Economists had expected consumers to pull back on spending in the final 3 months of the year under the weight of credit card debt and delinquencies and lower savings.
Posted inBusiness, News
Maine’s first Costco set to open in one week
Costco opens next week in Scarborough, within a hub of commercial development.
Posted inBusiness, Local & State, News
Dollar General owes $320,000 for repeat safety violations at Penobscot County store
Federal investigators found the store in Enfield broke five safety standards, creating tripping hazards and greater risks of employee injury in the event of a fire.
Posted inBusiness, Life & Culture, Local & State, News, Uncategorized
Ho, ho, hum: Maine shoppers, stores predict a so-so holiday season
Amid the pandemic, the past two holiday gift-buying sprees have been boon times for retailers. This year, perhaps not so much.