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W W W. M A I N E B I Z . B I Z 5 F E B R UA R Y 1 0 , 2 0 2 0 Copyright 2020. All rights reserved. Mainebiz® (ISSN# 1530-0749) is published bi-weekly 29 times a year, including special issues published in July, September, October and December by New England Business Media LLC. Periodicals postage paid (USPS# 018-715) at Port land, ME and at additional entry points. Postmaster: Please send changes to: Mainebiz, PO Box 330, Congers, NY 10920-0330. Annual subscriptions are available for $47.95 and include Fact Book and Book of Lists. To subscribe, please visit our website at www.mainebiz.biz, email mainebiz@ cambeywest.com or call our circulation department at 845-267-3008. Mainebiz® accepts no responsibility for unsolicited manuscripts and in general does not return them to the sender. Subscriber list: We make a portion of our subscriber list available to reputable firms for one-time use. If you would prefer that we not include your name, please call Donna Brassard at 207-761-8379 x327 or email her at donnab@mainebiz.biz. 3 Viewpoints Editor's letter plus Top 10 24 How to Help your retail operations stay competitive in 2020 25 On the Record Elizabeth McLellan of Partners for World Health 26 In Short Newsworthy people and performances 30 The List Largest residential mortgage lenders in Maine B U S I N E S S M A I N E I N E V E RY I S S U E 6 S. Maine ZIPs dominate listings of expensive homes 7 Letters to the Editor Outdated advice in #MeToo era / Debate over CMP corridor 8 USDA pumps $10 million into rural broadband expansion 8 Credits & Debits 9 Biz Money Deal for Saddleback depended on incentives and community 10 Ask ACE Leadership Development A roundup of Maine's business news 6 P H O T O / J I M N E U G E R 25 FOLLOW US @MBEVENTS #MBBLOY20 SP ONSORED BY THE 20TH ANNIVERSARY RECEPTION Thank You! Thank you to all those who have submitted nominations for the 2020 Business Leaders of the Year! Selected honorees will be notified directly in the next few weeks and kept confidential until announced to the public in the March 23rd issue of Mainebiz. $2.00 March 23, 2020 VO L . X X V I N O. V I www.mainebiz.biz The Business Leaders of the Year (BLOY) reception will honor the 2020 Business Leaders of the Year and recognize all the BLOY alumni from the past 20 years. In addition to presentations, attendees will enjoy hors d'oeuvres, a cash bar, raffle prizes and networking with business executives and honorees. Portland Country Club 11 Foreside Road, Falmouth Thursday, April 28 5:00–7:00 pm Banks, financial services providers, and fintech companies rely on Pierce Atwood to provide them with experienced representation and counsel on: To learn how we can assist your organization, please contact firm partner Jack Manheimer at 207.791.1338 or jmanheimer@pierceatwood.com. • Regulatory issues • Commercial lending • M&A and conversions • Derivatives and structured products • Governance and executive compensation • Litigation and dispute resolution • Workouts and collections • Privacy and data security • Government relations • Class action defense Pierce Atwood. There's a reason… Legal Services You Can Bank On MERRILL'S WHARF • 254 COMMERCIAL STREET • PORTLAND, ME 04101 • PIERCEATWOOD.COM