The company has had difficulty incorporating Family Dollar into its business and recently announced that it would close nearly 1,000 stores.
retail
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.
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.’
‘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.
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.
Barnes & Noble to open South Portland bookstore
The South Portland shop will be located at the former Bed Bath & Beyond building at 200 Running Hill Road.
France asks retailers to alert customers to cases of ‘shrinkflation’
Retailers are less excited about the new rules, saying they’ll be hard to implement and that the burden should be placed on manufacturers instead.
Harbor Freight to bring more than 25 jobs to Oxford
The big box retailer will open its new location at Oxford Plaza later this spring.
New managers of Freeport shopping center see opportunity to add restaurants, breweries
The investors who have been behind Freeport Village Station since it opened in 2009 have hired a Boston-based real estate management group to oversee the large downtown shopping center after they purchased the property for $20 million.
Entire block of downtown Freeport to be auctioned after developer breaches mortgage
The Freeport Village Station retail center, which is valued at $32.5 million and includes an L.L.Bean outlet, is scheduled to be auctioned Wednesday as part of a foreclosure.