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The pace of layoffs may be picking up in Greater Baltimore. Here’s why.

Giant Food opened a new warehouse in Hanover in 2019 to try and capture market share in the new grocery delivery space. Four years later, the grocer is planning to close the warehouse next month, laying off more than 300 people. Giant isn’t the only large employer in the state ramping up layoffs even as Maryland isenjoying record-low unemployment. The Work Adjustment and Retraining Notification (WARN) log maintained by the state Department of Labor has already seen 56 entries through the end of August, nearly matching last year’s total of 64.

VidCon prepares for first convention in Baltimore, East Coast debut

A video content convention that started in Southern California will make its East Coast debut in Baltimore later this month. VidCon, a convention centered around video content platforms and creators, will take place at the Baltimore Convention Center from Sept. 28 to Oct. 1. The convention, which signed a three-year deal, has long eyed an East Coast event and settled on Baltimore because of its location near several major cities and because of a cross-country connection between two tourism departments.

Italian spirits company buys majority stake in Sagamore Spirit, announces move to Baltimore Peninsula

Sagamore Spirit, the “grain-to-glass” rye whiskey business founded by Under Armour executive chairman Kevin Plank, has sold a majority stake of the company to an Italian firm best known for producing an amaretto liqueur. The company, Illva Saronno Holding S.p.A. — the parent company of Disaronno liqueur — also will relocate its North American headquarters to Baltimore Peninsula as it steps into the driver’s seat of the local whiskey brand, according to a Thursday news release.

Orioles hire MGM executive with government affairs background as Camden Yards lease negotiations continue

The Orioles are hiring a former MGM Resorts International executive to serve as the Major League Baseball organization’s executive vice president of public affairs, a move meant to bolster Baltimore’s executive team as the organization works toward a new lease for Camden Yards and plans for development around the iconic stadium.

Remote work thrived again in 2022, new data show, with D.C. a top hub

Even as many of America’s workers returned to the office, the share of those working from home last year remained well above what it was before the coronavirus pandemic, census data released Thursday show, reflecting a lasting change that is upending downtown districts, companies and commuting patterns. D.C. and the Washington metro area showed some of the highest rates in the nation. Just over a third of the District’s residents (33.8 percent) worked from home in 2022, down from 48.3 percent the year before, when the city topped the list, according to the American Community Survey, conducted annually by the Census Bureau.

Harford County shopping center sells for $10.35 million

An unnamed investor snapped up the Edgewood Plaza Shopping Center in Harford County for $10.35 million, about $3.5 million more than when the property last traded hands in 2005. KLNB’s Retail Capital Markets team brokered the deal for the center’s owner, Sandmar Properties, after receiving nine offers from local, regional and national investors for the 76,000-square-foot center.

Read More: WBALTV
Mount Airy business aims to support moms in reaching breastfeeding goals

Stepping into the waiting room at Lactation Room in downtown Mount Airy, one might feel like they entered the living room of a girlfriend’s apartment. Outfitted in pink, peach and gray décor and furniture, the space offers a calm and inviting atmosphere suitable for new mothers and their infant children. The Lactation Room has three locations in the region, in North Bethesda, Herndon, Virginia, and Mount Airy, the first in Carroll County.

Pizza bar ‘Locals Only’ now open on Cross Street in Federal Hill

Pizza bar Locals Only is now open at 25 E. Cross St. in Federal Hill. The new business fills a space that was recently Pretty Awesome Live Music (P.A.L.M.) and Social Pub. Locals Only is a concept by Federal Hill hospitality veteran Andrew Wheeler. Wheeler was a partner at The Charles in Federal Hill before the ownership group sold it to a new owner in recent weeks. Wheeler also worked at Mad River in the same building.

Latest data on home sales for Baltimore region shows fewer sales and listings, higher prices

Median home prices in the Baltimore region continue to climb despite the highest mortgage rates in more than two decades, according to a new report from the real estate firm Bright MLS. The median home sales price in the Baltimore metropolitan region — meaning Anne Arundel, Baltimore, Carroll, Harford and Howard counties, plus Baltimore City — hit $385,000 in August, 4.6% higher than a year prior.

Read More: Baltimore Sun
Baltimore’s Horseshoe sees Maryland’s largest drop in gambling revenue

Overall gaming revenue from slot machines and table games at the six casinos in Maryland totaled $161.4 million in August. That’s down 4.7% from a year ago, but the declines varied by individual casino. Maryland Lottery and Gaming reports Baltimore’s Horseshoe Casino generated $15.4 million in gaming revenue last month — down 10.6% from a year earlier.

Read More: WTOP

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