Worries about a shortage of consumer goods could make much of November and December look like Black Friday every day.
retail
Posted inBusiness, Maine
Texas firm to acquire Prime auto dealerships from scandal-ridden owner
Group 1 Automotive Inc. has agreed to purchase Prime Automotive from GPB Capital Holdings, a New York investment firm that has become the target of investors’ lawsuits and criminal allegations.
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Posted inBusiness, Nation / World
Americans spent less in July as COVID-19 cases surged
Spending fell at stores that sell clothing, furniture and sporting goods.
Posted inBusiness, Nation / World
May retail sales fell 1.3% as Americans spend less on goods
Retail sales fell in May, dragged down by a decline in auto sales and a shift by Americans to spend more on vacations and other services instead of goods.
Posted inBusiness, Maine
Bull Moose rehires laid-off workers and issues apology
The Maine-based chain said it “did not act anywhere near how we want to be as a company.”
Posted inAdvertiser Democrat
No more bags!: July 1 marks the start of Maine’s ban on single-use bags, polystyrene
Enforcement of the law was delayed due to the pandemic.
Posted inBusiness, Maine
Businesses celebrate unmasking, but some customers hesitate
Maine’s indoor mask mandate and other pandemic restrictions expired Monday, as the state aligned with recommendations from the U.S. Centers for Disease Control and Prevention.
Posted inBusiness, Maine
Outdoor retailer REI to open first Maine store in Westbrook
The Seattle-area company, which competes with Maine-based L.L. Bean and others, plans to open at Rock Row in the fall.
Posted inBusiness, Maine
Shaw’s delivery drivers strike in Maine over lapse in contract talks
The union representing truck drivers and mechanics at Shaw’s supermarkets in Maine says the company has ceased negotiations. The company says it will return to the bargaining table this week.
Posted inBusiness, Maine
Hannaford says it no longer sends any waste food to landfills
The supermarket chain said it has eliminated food waste at all 183 of its stores, which added up to 65 million pounds diverted from landfills last year.