Baltimore Checkbook

9 keys to developing an effective risk-management...

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In a competitive business environment, all organizations must implement processes to manage risk effectively to achieve business and strategic objectives. Unfortunately, many organizations do not fully understand the risks they have assumed and whether they are monitored, managed and aligned with their risk tolerance. While regulatory requirements and management priority historically drove risk management investments, you now must consider additional pressures such as protection of market value,…

Affordable Care Act repeal could cost Maryland...

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Efforts to repeal or replace the Affordable Care Act could result in a financial impact for Maryland of over $2.2 billion in fiscal year 2018, and well over another $2 billion by fiscal year 2020, according to a new state report. The state government’s Department of Legislative Services published a report Tuesday on the impact of the ACA in Maryland, and how plans to revise or repeal it may impact the state’s economy and health care systems. The ACA, or “Obamacare,” has been a topic of contention…

More details on Amazon's new Cecil County...

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Amazon.com Inc.’s new 1.15-million-square-foot Cecil County fulfillment center — where it plans to hire 700 workers by the end of 2020 — will handle larger items like big-screen television, kayaks and patio furniture. The online retail behemoth made it plans for the project public Tuesday evening as the Cecil County Council was expected to approve a measure matching 10 percent, or $120,000, of a $1.2 million loan being granted to Amazon from the Maryland Economic Development Assistance and Authority…

QG to open a second location in Hunt Valley on...

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A popular downtown barbershop that has expanded into a clothing shop and spa is set to open a Baltimore County location on Feb. 1. The QG — short for Quinntessential Gentleman, named in memory of the owner’s mother, Quinn — will open its second location in 3,000 square feet on the lower level of Executive Plaza at Shawan and McCormick roads just off of Interstate 83 in Hunt Valley. The city location at 31 S. Calvert St. opened in 2005 as an upscale grooming shop and now offers clothing for…

Three new tenants ink deals at The Shops at...

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Two Maryland-based novelty stores and a yoga studio have signed on to open as part of the $20 million redevelopment of The Shops at Kenilworth. Greenberg Gibbons, owners of the Towson shopping center, announced Tuesday that Amaryllis, Quiet Storm and ZenLife will open this year. Also set to open at Kenilworth is a 12,144-square-foot Trader Joe’s market in the early spring. “Opening three Maryland-based retailers along with Trader Joe’s and Kenilworth Wine & Spirits during the first half of 2017…

​Whole Foods to close Landover production facility

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Whole Foods Market will close a regional production facility in Landover as part of a larger plan to outsource some of its prepared food production, a Whole Foods spokeswoman confirms. The closure, which will happen in mid-February, will affect 140 employees, according to spokeswoman Betsy Harden. Whole Foods (NASDAQ: WFM) plans to work with those employees and the company expects most of them will find other positions within the company, Harden said. The Austin, Texas-based organic grocer is closing…

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Bad Decisions in Fells Point is closing

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Bad Decisions, a bar known for its exotic cocktails and love of bacon, is closing in mid-February. In a Facebook post, the bar said after a “terrible fall/winter season” and a move to a new location, the owner, John Reusing, “ran out of money” to keep the bar open. Its final night in business is Feb. 19, according to the post. “Thanks to everyone who has supported me these past nine years,” the Facebook post reads. Bad Decisions, which opened in summer 2008, had been featured on numerous television…

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Royal Farms Arena GM 'cautiously optimistic' he...

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The Ringling Bros. and Barnum & Bailey circus has been coming to Baltimore for more than 20 years, including an upcoming 10-day performance at the end of April. When the company announced the end of the circus and the 146-year tradition, that too meant the end of one of the most popular family shows at the Royal Farms Arena. Royal Farms Arena General Manager Frank Remesch said there may be no way to replace the tradition and nostalgia the circus brought every year to his arena, but he is holding…