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Retail

Published
December 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.
Published
November 27, 2021

Shoppers turn out in Portland for Small Business Saturday

Well-stocked stores welcomed shoppers eager to support local businesses and get a jump on gift-buying.
Published
November 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.
Published
November 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.
Published
November 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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Published
November 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.
Published
November 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.
Published
October 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.
Published
September 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.
Published
August 17, 2021

Americans spent less in July as COVID-19 cases surged

Spending fell at stores that sell clothing, furniture and sporting goods.