Customers will soon have the option to pay directly from their bank accounts with instant transfers for online purchases.
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Posted inBusiness, Maine, News
Feds ramp up fight to block massive grocery merger involving Shaw’s
Kroger’s proposed $24.6 billion takeover of Albertsons would be the largest supermarket merger in U.S. history.
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Posted inBusiness, Maine, News
L.L.Bean tied up in lawsuit claiming it copied ‘graceful’ design of Skechers sneakers
The Freeport-based retailer is accused of intentionally and willfully plagiarizing a patented ‘heel cup’ that is featured on millions of Skechers shoes.
Posted inBusiness, Nation / World, News
Costco is raising membership fees. Don’t worry, hot dogs cost the same.
Basic members will pay $5 more per year and executive members will see a $10 increase as the company raises fees for the first time since 2017.
Posted inBusiness, Nation / World
Target will stop accepting personal checks next week. Are the days of writing a check numbered?
The chain cited ‘extremely low volumes’ of customers who still write checks.
Posted inBusiness, Nation / World, News
Dollar Tree looking at options for Family Dollar, including possible sale of the segment
The company has had difficulty incorporating Family Dollar into its business and recently announced that it would close nearly 1,000 stores.
Posted inBusiness, The Franklin Journal
Jake’s aims to fill gap left behind by Sears, Bouffard’s Furniture & Carpet in Farmington
After the closing of Sears and Bouffards last year, Jake Dunton to strike out on his own to fill the void left behind.
Posted inBusiness, Nation / World, News
Target to reduce number of stores carrying Pride-themed merchandise after last year’s backlash
Target, which operates roughly 2,000 stores, said decisions about where to stock Pride-themed products, including adult apparel, home goods, foods and beverages would be based on ‘guest insights and consumer research.’
Posted inBusiness, Maine, Maine Crime, News
‘RoboCop’ security systems pop up in Maine as concerns over retail theft rise
The flashing blue lights atop poles in some Maine parking lots are designed to deter criminals, but some question the balance of safety vs. privacy.
Posted inBusiness, Lewiston-Auburn
Auburn apartments, restaurant building on Main Street moving forward
Developer Great Falls Construction expects to break ground in July with a targeted timeline for completion of 18 months.