Tempted to use that store credit card on holiday purchases? Don’t, unless you immediately pay off the balance. Otherwise, consumers are looking at 30% interest – or more.
retail
Posted inBusiness
Dollar Tree settles on plan to address safety violations in Maine, nationwide
OSHA will require the company to pay $1.35 million for penalties and to make sweeping, systematic changes to address issues commonly found at stores in Maine and across the U.S.
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Posted inBusiness, Nation & World, News
CVS to cut 5,000 jobs across its workforce
The pharmacy giant operates 26 stores in Maine.
Posted inOp-Eds, Opinion
Commentary: Congress needs to rein in ‘swipe fees’ to protect Maine consumers
The Credit Card Competition Act would stop Visa and Mastercard from hurting small business operators by reining in predatory swipe fees that are among the highest in the world.
Posted inBusiness
Americans bump up spending in June as inflation eases in a strong job market
Shoppers increased spending at electronic stores and online, but pulled back in grocery stores and gas stations.
Posted inTimes Record
The Vermont Flannel Company opens first Maine storefront in Freeport
Dozens gathered for the ribbon-cutting ceremony on Wednesday evening for a scoop of Ben & Jerry’s and the chance to browse the new flannel store.
Posted inBusiness, Life & Culture, Local & State, News, Uncategorized
Ho, ho, hum: Maine shoppers, stores predict a so-so holiday season
Amid the pandemic, the past two holiday gift-buying sprees have been boon times for retailers. This year, perhaps not so much.
Posted inBusiness, Nation & World, News
Amazon plans to hire 150,000 workers for holiday season
The world’s largest online retailer typically hires legions of temporary workers this time of year to help store, pack and ship items from its warehouses.
Posted inBusiness, Nation & World, News
Iconic Goodwill stores get serious with online treasures for thrifters
GoodwillFinds, a newly incorporated shopping venture, is making roughly 100,000 donated items available for purchase online and expanding Goodwill’s internet presence.
Posted inBusiness, News
Gap slashes 500 corporate jobs in cost-cutting move
The job cuts follow years of struggle at the San Francisco-based retailer, which operates its namesake stores as well as the Old Navy, Banana Republic and Athleta chains.