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Macy’s rejects $5.8B takeover bid from Arkhouse Management, Brigade Capital Management
Macy's is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn't provide a viable financing plan.
Walmart raises starting pay; redesigns bonuses for store managers
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
KLNB secures sale of 2 Baltimore-area retail assets
KLNB facilitated the sale of two commercial retail properties in Baltimore and Carroll counties.
Burlington adds retail location in downtown Baltimore
Burlington Stores signed a lease with Owings Mills-based David S. Brown Enterprises for 34,000 square feet of space in downtown Baltimore.
Primark to open first Md. store at Arundel Mills
Primark announced it will open its first location in Maryland at Arundel Mills in Hanover.
Md. commission advances 3 for sports betting licenses
Two more Maryland businesses have qualified for consideration for a sports wagering license, while a third qualified as an online sports wagering operator.
Md. bill to combat price gouging in state of emergency advances
Maryland businesses selling certain essential goods or services could be prohibited from raising their prices above 15% during a state of emergency.
Sneaker retailer Snipes puts another foot down at Alameda Marketplace
Snipes has selected Alameda Marketplace, a 114,000-square-foot neighborhood shopping center in Baltimore, for a new location.
New Ross store coming to Baltimore County
Owings Mills-based real estate company David S. Brown Enterprises LTD announced Ross Dress For Less will open in Arbutus later this year.
Retail sales jump as Americans defy inflation and rate hikes
America's consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years.
Bed Bath & Beyond closing 150 more stores, including 3 more in Md.
Bed Bath & Beyond said it will be shuttering 150 more stores, including three more in Maryland, as the beleaguered home goods chain cuts costs as it works to stay afloat.
Bed Bath & Beyond warns about bankruptcy as sales slump
Beleaguered Bed Bath & Beyond warned on Thursday that it may need to file for bankruptcy protection as it struggles to attract shoppers.
