The Freeport-based retailer says its $1.6 billion in sales was up slightly from 2015.
maine businesses
Posted inBusiness, Local & State, News
J.C. Penney in Rockland is chain’s only Maine store to get the axe
The national retailer will close 138 under-performing stores nationwide, but those in South Portland, Auburn, Bangor, Waterville and Presque Isle are spared.
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Posted inBusiness, Local & State, News
Party in Sunday River golf dispute buys club’s assets at auction for $700,000
Newry Holdings, which is fighting Harris Golf in court over ownership of the golf course, was the sole bidder.
Posted inBusiness, Local & State, News
Maine keeps attracting visitors in steadily growing numbers – nearly 36 million
The total grew in 2016 for the fourth straight year, bringing in $6 billion during a surge that included an unexpected jump in Canadian tourists after years of decline.
Posted inBusiness, Local & State, News
‘Marketplace’ host David Brancaccio to give lecture on ethics and technology
The former Waterville resident will discuss ethics in artificial intelligence and business decision-making at the annual Paul D. Merrill event.
Posted inBusiness, News
Gorham Savings taking applications for LaunchPad competition
The business competition, now in its fifth year, awards $50,000 to one promising Maine small business.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Manufacturers are, and always have been, Maine’s economic mainstay
Even some that have grown large and successful started small and did things their own way.
Posted inBusiness, Local & State, News
Wal-Mart employees receive bonus checks
The mega retailer gives more than 4,000 Maine employees checks averaging $183, a share of the company’s strong fourth-quarter earnings.
Posted inBusiness, Local & State, News
Maine’s jobless rate for January dips to 2001 level
Decreasing unemployment points to a tight labor market that for the past year has challenged businesses looking to hire workers.
Posted inBusiness, Local & State, News
Maine startup conference to feature Hyperloop One’s top lawyer
The conference focuses on innovation; the company is building a new high-speed transportation system.