Target and Walmart were open early to kick off the holiday shopping season.
retail
Amazon plans to hire 150,000 workers for holiday season
The world’s largest online retailer typically hires legions of temporary workers this time of year to help store, pack and ship items from its warehouses.
An Angel’s Wing opening new storefront at Auburn Mall
Sonder and Dram moving on up on Ash Street; Sherman Oaks California Kitchen plans fast-casual eating on Lisbon Street.
JCPenney owners offer $8.6 billion for Kohl’s
Simon Property Group and Brookfield Asset Management are offering to acquire retailer Kohl’s Corp. in a deal that would be worth more than $8.6 billion, according to a report in the New York Post.
Walmart to end cigarette sales in some stores
Walmart will no longer sell cigarettes in some of its stores though tobacco sales can be a significant revenue generator
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.
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.
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.
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.