Loyal Companion, which has 8 stores in Maine and over 50 stores nationwide, said it will shutter most of its locations by the end of the month as the parent company faces bankruptcy.
Hannah LaClaire
Staff Writer
Hannah LaClaire is a business reporter at the Portland Press Herald, covering Maine’s housing crisis, real estate and development, entrepreneurship, the state's cannabis industry and a little bit of everything else. Before joining the Press Herald in 2021, Hannah covered the town of Brunswick for The Times Record. In her free time, she enjoys reading, running and weekends up at camp. She lives in Springvale with her husband and daughter, their dog and two tuxedo cats.
Posted inBusiness, Maine, News
State settles with Windham moving company over prohibited negative reviews, threats
Liberty Bell Moving and Storage Inc. and its owner, Kevin Finkenaur, accused of violating the federal Consumer Review Fairness Act, the Maine Unfair Trade Practices Act, must pay a $125,000 settlement.
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Posted inBusiness, Maine, News, Uncategorized
Gun sales in Maine declined in 2022, but remain historically high
Firearm sales in the state have fallen 17% since 2020, new data show. But sales are still far above pre-pandemic levels, and 25% higher than a decade ago.
Posted inBusiness, Maine, News
Vehicle right-to-repair question in Maine may be decided at the polls
The Maine Right to Repair Coalition said it has collected enough signatures for a referendum that might open certain types of vehicle diagnostic data to independent auto service shops.
Posted inBusiness, Maine, News, Uncategorized
Maine’s first-time homebuyers can’t get a foot in the door
The competitive market is boxing out newcomers at a time when Maine needs more young residents than ever to fill job openings.
Posted inBusiness, Food, Maine
Maine brewers of non-alcoholic beers tap into Dry January demand
The emerging market has many in the state’s craft brewing industry buzzing.
Posted inBusiness, News
Maine’s adult-use cannabis sales nearly doubled in 2022
Legal sales of recreational marijuana soared 94% last year from 2021’s total. But the growth hasn’t always been easy, and there’s concern the market is becoming overcrowded.
Posted inBusiness, Maine, News
Portland’s Old Port about to lose a 50-year-old mainstay
The Old Port Tavern will pour its last drinks on New Year’s Eve after a half-century run as one of the city’s go-to places for a beer, steak or billiards.
Posted inBusiness, Maine
Widespread cancellations by Southwest Airlines leave Maine travelers stranded
The airline has canceled roughly 20 flights at the Portland International Jetport since Friday, affecting about 3,000 passengers.
Posted inMaine, News
Outages continue to fall as power restoration crews work through holidays
Just over 6,000 CMP customers and Versant customers were still without power Tuesday morning.