Posted inBusiness, sj-web

Sears to sell Craftsman tool brand, close 150 stores

Sears on Thursday announced that it has agreed to sell its Craftsman tools brand to Stanley Black & Decker in a deal valued at $900 million, the latest bid by the flailing retail chain to try to drum up cash to reposition itself for an era when e-commerce is gobbling up more of consumers’ shopping […]

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Posted inBusiness

No Maine Sears stores or Kmarts on list of closings

In Maine, the blue light specials will go on. Sears announced Thursday that it is closing 10 of its stores and 68 Kmarts across the country, but none of those closures are scheduled for Maine. The closures are set to begin in July. The closest closure is a Kmart in Tewksbury, Mass. The Twin Cities […]

Posted inLewiston-Auburn

Not the first time Dixfield balloon let down by wind

Two passengers injured in a balloon accident over the weekend have been released from the hospital in an incident currently under investigation by the Federal Aviation Administration. According to the FAA, four of the seven passengers aboard suffered injuries when the balloon, owned by Damn Yankee Balloons in Dixfield, crashed into power lines while attempting […]