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Retail & Food service
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Former textile manufacturer retires from retirement, plans Yarmouth retail enterprise
Updated: January 9, 2023Tenants at the complex include OTTO Pizza, Cakes Extraordinaire, Edward Jones and Royal River Community Players. The buyer will open a bead shop and a coffee shop.
Updated: January 9, 2023
2023 Forecast: Rock Row expects to add new tenants
Updated: January 9, 2023In 2023, developer Waterstone Properties Group is going to finish what it started in 2022 by adding four new properties to Rock Row, which also now includes New England Cancer Center along with residential housing.
Updated: January 9, 2023
2023 Forecast: With 17 stores, Renys says ‘hiatus’ on markups could end
Updated: January 9, 2023Renys has 17 locations from Wells to Madison, and is always looking for opportunities to expand. It said it might also have to respond to inflationary price increases.
Updated: January 9, 2023
2023 Forecast: Discount retailer Marden’s staying nimble
Updated: January 9, 2023Like many retailers, Marden’s has worked diligently on hiring over the past year. The hiring needs are different from location to location, but the company plans on keeping its goal of finding the right people to join its team.
Updated: January 9, 2023
2023 Forecast: Despite recent growth, Colby president concerned about inflation, labor shortages
Updated: January 9, 2023Colby College has been instrumental behind much of the recent growth in downtown Waterville. But Colby’s president, David Greene, is nonetheless concerned by some of the external factors that may affect the private college of 2,200 students.
Updated: January 9, 2023
2023 Forecast: A growing business in Skowhegan faces higher costs head on
Updated: January 9, 2023Skowhegan-based Maine Grains Inc. plans an expansion on an adjacent lot. The pandemic fueled a surge in home baking, which helped sales, but faces higher costs for transportation and packaging.
Updated: January 9, 2023
2023 Forecast: ‘Cloudy’ picture in store for Maine’s retail sector
Updated: January 9, 2023Concerns cited by the head of the Retail Association of Maine include high energy costs and workforce shortages.
Updated: January 9, 2023
2023 Forecast: Allagash Brewing sees ‘big opportunity’ in Scarborough
Updated: January 9, 2023Maine's biggest brewer is building a new tasting room at the Downs mixed-use development in Scarborough and planning a bevy of new product releases this year.
Updated: January 9, 2023
2023 Forecast: ‘Higher than usual’ chance for economic slowdown
Updated: January 9, 2023Amanda Rector, Maine's state economist, cities high energy prices and housing affordability as concerns.
Updated: January 9, 2023
2023 Forecast: Restaurants still rebounding, but strong numbers overall
Updated: January 9, 2023Maine’s hospitality industry had a very good 2022, but restaurants are struggling to rebound from the pandemic. And challenges due to the labor shortage are expected to persist.
Updated: January 9, 2023Newsworthy people and performances for Jan. 9, 2023
Updated: January 9, 2023A roundup of new hires, promotions and achievements at companies around Maine.
Updated: January 9, 2023
Economic outlook is cloudy, but people seem busier than ever
Updated: January 9, 2023Talk to any economist and they’ll point to trouble signs: Ongoing inflation, higher interest rates, an ongoing labor shortage. There’s also the looming threat of a recession. But the crazy thing is, if you talk to nearly any business leader, they’ll
Updated: January 9, 2023
‘Taking more time to enjoy the ride’: Mainers share 2023 business, personal resolutions
Updated: January 4, 2023Maine movers and shakes share their professional and personal aspirations for 2023.
Updated: January 4, 2023Bangor's new development director keys in on housing
Updated: January 3, 2023Anne Krieg was recently promoted from Bangor's planning officer to director of development, succeeding Tanya Emery.
Updated: January 3, 2023Maine's increased minimum wage and other measures go into effect Jan. 1
December 30, 2022The state minimum wage will increase more than a dollar, from $12.75 to $13.80 an hour.
December 30, 2022
Rosemont Market closing Thompson's Point location
December 28, 2022Rosemont Market & Wine Bar was at Thompson's Point for about 18 months, neighboring Stroudwater Distillery, Rwanda Bean Coffee and Bissell Brothers Brewing.
December 28, 2022
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