Many tree farms sold out days or even weeks before Christmas last year, and they are predicting the same phenomenon this year.
retail
Posted inBusiness, Local & State
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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Posted inBusiness, Nation & World
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.
Posted inBusiness, Nation & World
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.
Posted inBusiness, Nation & World
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.
Posted inBusiness, Local & State
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.
Posted inBusiness, Local & State
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.
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 inOp-eds, Opinion
Commentary: Millennials should beware of proliferating payment apps
Younger consumers may be wary of credit cards. But ‘buy now, pay later’ technology could encourage bad spending habits.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Landmark new Maine law more fairly allocates products’ real costs
Gov. Mills should sign L.D. 1541, so towns and cities won’t have to keep picking up the tab for product disposal and recycling.