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PublishedDecember 21, 2021
Mallside retail center in South Portland sold for $20 million
The buyer, Wood Hill Realty Associates LLC, plans to make improvements to the property, including a parking lot renovation.
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PublishedDecember 16, 2021
Postal rate hike doesn’t stop catalog retailers from stuffing mailboxes
The 12 percent boost continues a positive trend for catalogers that are defying those who predicted their demise in a digital world.
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PublishedNovember 26, 2021
This year’s hot holiday item in Maine? Christmas trees
Many tree farms sold out days or even weeks before Christmas last year, and they are predicting the same phenomenon this year.
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PublishedNovember 26, 2021
Mainers head out on Black Friday despite pandemic, supply chain issues
Retailers are expecting bigger crowds than last year, but supply chain problems caused by the pandemic continue to limit selection, and prices are up.
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PublishedNovember 26, 2021
Higher prices on Amazon cause a retail ripple effect
The phenomenon, which economists have dubbed the "Amazon Effect," happens because rivals tend to follow Amazon's lead to match each other on online pricing.
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PublishedNovember 26, 2021
Stores kick off Black Friday but pandemic woes linger
Retailers are expected to usher in the unofficial start to the holiday shopping season Friday with bigger crowds than last year.
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PublishedNovember 16, 2021
Defying inflation, Americans increased their spending in October
The October gain the government reported Tuesday was solid enough for most economists to anticipate holiday shopping jumping by a record amount this year.
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PublishedOctober 31, 2021
Holiday shopping season starts early as labor, supply chain issues dog Maine retailers
Worries about a shortage of consumer goods could make much of November and December look like Black Friday every day.
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PublishedSeptember 13, 2021
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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PublishedAugust 17, 2021
Americans spent less in July as COVID-19 cases surged
Spending fell at stores that sell clothing, furniture and sporting goods.
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