Friday, October 25, 2024 | Baltimore, MD
Baltimore, MD
48°
Sunny
FOLLOW US:

Business

Owners of Hampden’s Bluebird Cocktail Room plan 20-seat restaurant on the Eastern Shore

Paul Benkert has seen that famous scene in “The Bear,” where the ticket machine goes haywire with orders and the staff at Chef Carmy’s Chicago beef shop find themselves on the hook for 78 slices of chocolate cake, 99 french fries, 54 chickens, 38 salads and 255 beef sandwiches — all set for pickup in the next eight minutes.

Read More: Baltimore Sun
Dollar General shares crater 20% as retailer cuts outlook, blaming ‘financially constrained’ customers

Dollar General shares tumbled on Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy. Shares of the retailer which caters to more rural areas tumbled 20% in premarket trading following the earnings report.

Read More: CNBC
Heritage Smokehouse is on the verge of closing. Can customers save it?

Heritage Smokehouse has fallen so far behind on its bills that co-owner George Marsh wondered last week if he would be able to find anyone still willing to sell him meat. Since he and his wife, Jenny Marsh, a pastry chef, opened their barbecue restaurant on York Road in 2021, the restaurant and its succulent barbecue, artisanal sausages and decadent cakes and pies have become foodie favorites and frequently named to “best of” lists in the city. (Photo: Christina Tkacik/The Baltimore Banner)

Lego revenue jumps 13% in first half of 2024, boosted by Lego Fortnite and diverse brick sets

An inflation-fueled sales slump hit the toy industry in the first half of 2024, but one company is gaining market share brick by brick. On Wednesday, Lego said revenue during the first six months of the year jumped 13%, reaching 31 billion Danish krone, or about $4.65 billion. Niels Christiansen, CEO of the privately held Danish toymaker, told CNBC that the company is seeing strength across its portfolio, especially with Lego Icons and Lego Creator, and through its partnership with Epic Games’ Fortnite.

Read More: CNBC
Northwest Stadium: Commanders ink new naming rights deal for its Landover stadium

There’s a new name for the former FedEx Field in Landover, Maryland, after the Washington Commanders struck a naming rights deal with Northwest Federal Credit Union. The field will now be called Northwest Stadium. The Commanders and the credit union announced “a new, multi-year, exclusive naming-rights agreement” on Tuesday.

Read More: WTOP
Italian Restaurant
40-year-old’s restaurant group could bring in $200 million this year—he started with an ice cream shop, fresh out of college

This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money. In 2007, Alex Smith had no designs on building a multi-state restaurant group that brings in nine figures annually. He just wanted to open an ice cream shop. Smith, now 40, was right out of college and eager to build something of his own after growing up in a family of ultra-successful entrepreneurs.

Read More: CNBC
LifeBridge Health enters partnership to open outpatient surgery center in Westminster

Baltimore-based LifeBridge Health Monday announced a partnership with Amsburg and the Woodholme Group to open the EndoCentre of Westminster, a gastroenterology outpatient surgery center. Located at 535 Old Westminster Pike, the 5,400-square-foot center contains two procedure rooms. EndoCentre of Westminster is accredited by the Accreditation Association for Ambulatory Health Care and provides same-day procedure care, including diagnostic and preventive procedures.

$4,000 tip and 10/10 customer service: Inside Keith Lee’s visit to one Baltimore restaurant

Out of all the mom-and-pop restaurants in Baltimore, Amanda and Joseph Burton didn’t expect Keith Lee to choose to eat at theirs. Still, the couple figured they would throw their Hollins Market restaurant, Rooted Rotisserie, into the running when they heard the TikTok food critic with more than 16 million followers was coming to the area.

Read More: Baltimore Sun
National accelerator to close one Baltimore program, open another

One of the country’s largest startup accelerators is starting a new program in Baltimore shortly after a large round of national layoffs. Techstars is establishing an accelerator focused on health care and artificial intelligence in partnership with CareFirst BlueCross BlueShield and Johns Hopkins University. The new accelerator began accepting applications on Monday.

Hoar Construction completes industrial building near BWI Marshall Airport

Hoar Construction Thursday announced the completion of an 80,000-square-foot industrial building in Glen Burnie, close to the Baltimore/Washington Thurgood Marshall International Airport. Hoar served as general contractor on the project, which broke ground in August 2023 and is owned by Chicago-based private real estate investment firm Brennan Investment Group.

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.