If there was one name that Baltimoreans were obsessed with in 2017, it wasn’t Donald Trump or Jeff Bezos — it was Kevin Plank. Plank, the CEO of Under Armour, dominated our headlines this year. As Under Armour struggled with declining earnings and layoffs, Plank’s personal projects thrived, including the Sagamore Pendry hotel and the Sagamore Spirit distillery. Under Armour and Plank were some of the most-read stories this year for us, a year that was certainly dominated by politics. If anything,…
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Natty Boh Gear, a Fells Point staple for clothing and accessories emblazoned with Baltimoreans’ beloved one-eyed beer mascot, will close at the end of 2017 after 12 years in business. Owner Todd Unger said the store at 1624 Thames St. will shut its doors Sunday afternoon. Unger said his business has struggled with weak sales since 2015, when unrest in the city made national headlines after the death of Freddie Gray. “Our business was down 75 percent in 2015 because of the riots,” he said, “and…
The grants came through the National Institute of Allergy and Infectious Diseases and the National Science Foundation.
The largest layoff in Maryland in 2017 was at Good Shepherd Services, a former mental illness treatment facility in Halethorpe. The Catholic nonprofit was closed in February by the state, resulting in more than 200 employees laid off. Among the largest layoffs in Maryland reported this year includes Lord & Taylor, which plans to close its department store at Westfield Mall in Annapolis in April. Below, 10 largest layoffs in the state this year, according to data from Maryland’s labor department.…
Banking analysts who cover M&T Bank in Buffalo agree that Rene Jones has been well-groomed to succeed Robert Wilmers, who died unexpectedly Dec. 16.
This was the year when Amazon.com gelled its presence in Maryland. The internet retailing giant first appeared on the state’s economic development scene in 2014 with the opening of a fulfillment center at a former General Motors plant site on Broening Highway. Today, the Seattle-based juggernaut employs 4,000 in the state — with more hires promised in 2018. So far, Amazon has built 2.73 million square feet of warehouse space in Maryland, including a 1.15-million square foot hub in Cecil County…
A North Carolina business owner has filed a trademark infringement lawsuit against retail giant Under Armour, countering a previous claim of ownership by Under Armour.
Not even household names like Under Armour could avoid being shaken up in a year of turmoil and uncertainty.
Karma Farm recently invested in hydroponic growing to continue to supply Baltimore restaurants with local produce year-round.