Marketing cannabis via social media, texts and deals
While the pharmaceutical industry spends billions on national advertising, Maryland’s medical cannabis industry tends to market more intimately, relying on intriguing product names, text message and social media advertising — and good old-fashioned deals. Such an approach makes sense with a limited audience. Maryland’s 85 cannabis dispensaries can sell only to the approximately 90,000 Ma[...]
Coming to store shelves: cameras that guess your age, sex and mood
NEW YORK — Eyeing that can of soda in the supermarket cooler? Or maybe you’re craving a pint of ice cream? A camera could be watching you. But it’s not there to see if you’re stealing. These cameras want to get to know you and what you’re buying. It’s a new technology being trotted out […]
5 more Md. stores closing after Sears files Chapter 11 bankruptcy
Sears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses.
Perdue explores non-meat options as plant protein appetite grows
It's a sign of the times that 98-year-old Perdue Farms is looking at selling non-meat protein products alongside its signature chickens and turkeys.
4Q looking good for small, independent retailers
The latest retail sales report from the government augurs well for small and independent retailers for the fourth quarter, with one possible snag: the impact of trade tariffs.
After bad 2017, Pandora finally feels some investor love
After a year of share-price losses, hedge-fund attacks and analyst criticism, Pandora A/S appears to have made its peace with the market. Chief Executive Officer Anders Colding Friis promised to right past wrongs, pledged hefty investor returns and even managed to draw praise from analysts who had once been caustic in their assessment of his […]
Md.-based lacrosse retailer shutters stores across US
A Maryland-based lacrosse retailer has vacated its headquarters and closed all 16 of its stores across the country. The Baltimore Sun reports that, as of Thursday, LAX World’s stores in Maryland, Virginia, New York, Georgia, Colorado and Washington state were all closed. Court records show that CEO Frank Barbarino and the company are facing numerous lawsuits […]
Dunkin’ CEO: We will always make the doughnuts
NEW YORK — Dunkin’ Donuts is still deciding whether to drop the second part of its name, but the doughy treats won’t be disappearing from the menu. CEO Nigel Travis said Thursday that the chain wants to remain the “No. 1 retailer of doughnuts.” He said a second store with just the Dunkin’ name will […]
New Steph Curry sneakers may financially boost Under Armour
ANNAPOLIS – Golden State Warriors point guard Stephen Curry’s latest signature shoe, the “Curry 4,” is expected by shoe and business experts to help Baltimore-based Under Armour recover from recent financial losses. The sports apparel company, headquartered in Baltimore, has experienced more than a 50 percent decline in stock price since Oct. 25, 2016, and […]
Amazon said to test delivery service to rival FedEx, UPS
Amazon.com Inc. is experimenting with a new delivery service intended to make more products available for free two-day delivery and relieve overcrowding in its warehouses, according to two people familiar with the plan, which will push the online retailer deeper into functions handled by longtime partners United Parcel Service Inc. and FedEx Corp. The service began […]
Walmart joins forces with Google on voice-activated shopping
NEW YORK — Walmart is diving into voice-activated shopping. But unlike online leader Amazon, it’s not doing it alone. The world’s largest retailer said Wednesday it’s working with Google to offer hundreds of thousands of items from laundry detergent to Legos for voice shopping through Google Assistant. The capability will be available in late September. […]
McDonald’s testing Happy Meals for breakfast
NEW YORK — McDonald’s is considering another addition to its all-day breakfast menu: Happy Meals. The fast-food chain says it will begin testing breakfast Happy Meals in Tulsa, Oklahoma on Sept. 26. The Happy Meals come with either two McGriddles cakes or an egg and cheese McMuffin. McDonald’s Corp., based in Oak Brook, Illinois, has […]