Aug 5, 2011 0
Top 5: ‘You have to continue to evolve’
The Mall in Columbia celebrated its 40th birthday this week, while the Maryland State Lottery Agency reported its sales in fiscal 2011 broke records for the 14th year in a row. Those stories and more in this week’s business top 5.
1. Columbia Mall continues its evolution as it turns 40 – by Alissa Gulin
Some things just get better with age — fine wine, a chunk of bleu cheese. And with the right vision and planning, a shopping mall.
That’s been the case for the Mall in Columbia, said many patrons Tuesday as they bustled from store to store and enjoyed the day-long festivities honoring the mall’s 40th anniversary. The activities — which included a fashion show and an outdoor “birthday party” complete with cupcakes and paper hats — were about commemorating the past four decades of retail success, but for many, the occasion prompted a look to the future.
2. Maryland Lottery Agency says 2011 sales were $1.7 billion – by Rachel Bernstein
The Maryland State Lottery Agency announced Monday that it generated $1.7 billion in sales in fiscal 2011, breaking its record for the 14th year in a row. The lottery agency contributed $519.4 million to the state’s general fund through its sales, an $8.9 million increase from last fiscal year.
That revenue is used to support education, public safety, health and environmental programs. The revenue makes the lottery agency the fourth largest contributor to the state’s funding sources, after sales, income and corporate taxes.


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Almost all of this week’s top 5 stories in business had to do with real estate, and most of them were centered around property by the Inner Harbor. Here are the top 5: