While the coronavirus pandemic greatly reduced sales and housing inventory, the median sales price shot upward thanks to a shortage of available homes.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
Pandemic changing every aspect of shopping, from store layouts to how jeans are folded
Retailers that spent years trying to get customers to linger are reimagining their stores for a grab-and-go future to make shopping faster, easier and safer amid long-term shifts in consumer expectations and habits.
advertisement
Posted inBusiness, Maine, News
More than 138,000 Mainers have filed for unemployment since March
More than 11,500 Maine workers filed new jobless claims last week, even as the state begins reopening parts of its economy.
Posted inBusiness, Lewiston-Auburn, Maine, News
Showrooms are open again, but car dealerships still face challenges
Dealerships went virtual in selling vehicles in March and April, but inventory is dwindling with auto manufacturing still shuttered.
Posted inBusiness, Maine, News
Brunswick looking at options to expand outdoor dining this summer
A proposal, still in the early stages, would block a handful of parking spaces on Maine Street, creating a pedestrian walkway that would allow restaurants and retailers to spread out more on the sidewalk and maintain social distancing measures.
Posted inBusiness, Maine, News
Old Port retailer Portmanteau closing for good after 41 years
Owner Nancy Lawrence said she’s worried about contracting COVID-19 and having to change her way of doing business if she reopened.
Posted inBusiness, Maine, News
BIW president says production delays pose a challenge to company’s future
In a rare interview, Bath Iron Works President Dirk Lesko said the shipbuilder must be more nimble and catch up on a backlog of work to compete for new contracts.
Posted inBusiness, Maine, News
Unpaid utility bills, lower usage threaten to push rates higher in Maine
It’s too early to tell how much more customers might pay, and when, as a result of the coronavirus pandemic, and to what degree utility investors could share the burden.
Posted inBusiness, Noteworthy
FMH’s Mitchell earns master’s degree, certifications
FARMINGTON — Heather Mitchell, who works in physical rehabilitation and sports medicine at Franklin Memorial Hospital, has completed a master of science degree in exercise science and health promotion with a dual concentration in performance enhancement and injury prevention/rehabilitation science from California University of Pennsylvania. Within the concentration, Mitchell has been additionally awarded three certifications […]
Posted inBusiness, Maine, News
Maine nonprofits receive $1.2 million for COVID-19 relief efforts
The Maine Community Foundation has issued COVID-19 relief grants to 130 nonprofit organizations in the state.