They are among 76 stores across the country that will close in the aftermath of the retailer’s sale to a private equity firm. Sixty-two people are expected to be laid off.
retail
Posted inBusiness
On the Border restaurant in South Portland closes
The chain’s only Maine location closed Tuesday.
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Posted inBusiness, Maine
Sale of Westbrook-based Olympia Sports will lead to layoffs and dozens of store closures
The regional sporting goods chain, a longtime fixture in Maine communities, was bought by JackRabbit, a retailer backed by a California private investment firm.
Posted inOp-eds, Opinion
Commentary: Consumer strength doesn’t reflect where U.S. economy is going
Spending is always strong and unemployment low at the onset of a recession.
Posted inBusiness, Maine, News
Maine’s last 2 Kmarts – in Augusta and Auburn – to close
The Maine Department of Labor contacted both stores Tuesday morning offering help to those losing their jobs.
Posted inBusiness, Maine
Maine’s 2 major retail outlet towns chart falling sales
The strategy in Kittery and Freeport is to diversify amid a national shift to online shopping.
Posted inBusiness, Life & Culture
South Portland retailer offers eco-friendly twist on ‘fill ‘er up’
GoGo Refill sells home cleaning and personal care products to customers who bring their own containers.
Posted inOp-eds, Opinion
The Maine Millennial: Roaming the aisles in a ‘name-tag job’
Hard work for not much money is a way of life for thousands of Mainers in the retail sector.
Posted inBusiness, Maine
Robust home sales draw 2 new furniture stores to South Portland
The Bernie & Phyl’s and Jordan’s chains are attracted by Maine’s growing market.
Posted inBusiness, Maine, News
Jordan’s Furniture to take former Filene’s space at Maine Mall
This will be the Massachusetts’-based company’s seventh store in New England.