Ross Levinsohn is named the new publisher and CEO of the L.A. Times as top editors are ousted

Standard

In a dramatic shake-up at the Los Angeles Times, the Chicago-based parent company has installed new leadership and plans to invest more resources in the news organization to move it more quickly into the digital age.

Ross Levinsohn, 54, a veteran media executive who worked at Fox and served as…

fromhttp://www.baltimoresun.com/business/la-fi-ct-los-angeles-times-20170821-story.html

Target ends relationship with troubled food maker Hampton Creek

Standard

Target Corp. will no longer sell products made by food startup Hampton Creek Inc. after an internal review, the latest major blow to the beleaguered maker of Just Mayo eggless mayonnaise and other plant-based foods.

The retail giant decided to end the relationship about two months after receiving…

fromhttp://www.baltimoresun.com/business/ct-target-hampton-creek-20170821-story.html

Maryland Lottery sales rank 9th in nation but everybody is chasing Massachusetts

Standard

The Maryland Lottery ranks ninth among the nation’s 44 lottery-playing states in sales per capita, a state report says.

But all of the states are chasing lottery-mad Massachusetts, which has the highest payout percentages in the country and sells more tickets than much larger states such as Texas,…

fromhttp://www.baltimoresun.com/business/bs-bz-maryland-lottery-20170821-story.html

Hanover-based DTLR will merge with Sneaker Villa, creating urban apparel powerhouse

Standard

DTLR, an urban lifestyle retailer based in Hanover, is merging with Philadelpia-based Sneaker Villa to form one of the largest chains selling street-inspired footwear and clothing in the United States.

The combined company, which will be headquartered in Hanover, will operate more than 230 stores…

fromhttp://www.baltimoresun.com/business/bs-bz-dtlr-merger-sneaker-villa-20170821-story.html

Chesapeake Real Estate Group acquires 259 acres in Curtis Bay

Standard

Chesapeake Real Estate Group has acquired 259 acres in Anne Arundel County and plans to develop up to 1 million square feet of industrial and warehouse space there.

The Baltimore-based real estate company acquired the Curtis Bay property, known as Brandon Woods III, from Exelon Corp. Financial…

fromhttp://www.baltimoresun.com/business/bs-bz-chesapeake-acquisition-20170821-story.html

Target refreshes brands to stay chic and relevant, phasing out Merona and Mossimo

Standard

When clothing brands such as Merona and Mossimo helped propel Target Corp. to new heights in the 1990s and early 2000s, an H&M was not in every mall.

Online subscription services such as Stitch Fix were not yet on the horizon.

Amazon sold mostly books.

And department stores and shopping malls were…

fromhttp://www.baltimoresun.com/business/ct-target-new-brands-20170821-story.html

Stanley Black & Decker expands in Towson with makerspace

Standard

In a sprawling workshop near Stanley Black & Decker’s Towson campus, employees are being invited to try out a vast array of hand tools, power tools and equipment used for welding, 3-D printing and other jobs.

The company’s new makerspace is available to all its employees, whether they work in product…

fromhttp://www.baltimoresun.com/business/bs-bz-stanley-black-decker-towson-makerspace-20170816-story.html