Owners of The Local Fry to open Toki Tako, a Korean barbecue concept

Before Covid-19, the owners of The Local Fry in Hampden, Liz and Kevin Irish, would wrap up their work week with a meal of Korean barbecue. "It was our way to wind down, eat something comforting and delicious," Liz said. The pandemic has put that tradition on hold. But in the coming months, they have plans to bring the flavors of Korean barbecue to Hampden's Rotunda development. The Irishes are working to open Toki Tako, featuring grilled meats like galbi and spicy pork belly, possibly before the end of the year. (Balt Bus Journal)

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Baltimore Homecoming won't bring ex-pats to the city in 2020, launches $1M fundraising campaign instead

Baltimore Homecoming won't bring dozens of ex-pats to Charm City this year amid the continuing novel coronavirus outbreak. But the three-year-old organization is launching a new fundraising effort to keep the homecoming spirit alive until 2021. Homecoming organizers on Wednesday announced the "Campaign for Baltimore's Heroes," a push to raise $1 million for local institutions. The fundraiser will run through March 30, 2021. (Balt Bus Journal)

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Baltimore startup Infosec Learning raises $1M, readies for growth after some early 'failures'

Baltimore IT training business Infosec Learning has secured $1 million in funding to support significant employee and revenue growth. Jim Kowatch, CEO of Infosec Learning, said his five-year-old company has tried several times to raise growth capital previously. After a few early "stumbles and failures," and finally armed with a significant investment, he said the company is ready to greatly accelerate its growth. (Balt Bus Journal)

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Maryland’s hotels need assistance from the state to survive, industry representative says

The coronavirus pandemic has hit Maryland’s hotel industry extremely hard and the situation will only get worse if the state does not step in to help, according to the President and CEO of the Maryland Hotel & Lodging Association. “You’re going to see hotels going into bankruptcy. And permanent closures. And you’re going to see a lot more layoffs,” Amy Rohrer told MarylandReporter.com in a phone interview. Rohrer said Maryland’s hotels are in the same boat as hotels throughout the nation. (Md Reporter)

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Baltimore-based e-commerce company Whitebox raises $18 million

An e-commerce start-up headquartered in a Curtis Bay warehouse — once home to Under Armour’s distribution center — has raised $18 million in private equity investment and venture capital. Whitebox offers e-commerce solutions to companies such as McCormick & Co., Ricola and ChicoBag, managing sales across multiple channels and fulfilling those orders wherever consumers choose to buy. Its clients sell through such sites as Amazon, BJ’s, Costco, eBay, Target, Walmart, Wayfair and their own branded sites. (Balt Sun)

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Giant Food pledges $500K to organizations that support racial equality

Landover-based grocer Giant Food announced Tuesday a commitment of $500,000 to support long-standing community partner organizations and local historically Black colleges and universities to support their work and engagement to address equity across efforts in education, mentorships, programming and nutrition for children and adults. Groups receiving $50,000 each include Big Brothers Big Sisters of the National Capital Area, Boys & Girls Club of Greater Washington, Common Threads, Community Youth Advance, Greater Baltimore Urban League, Greater Washington Urban League and the US Dream Academy. (Daily Record)

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Greenberg Gibbons adds 3 businesses to Annapolis Town Center

Owings Mills-based developer Greenberg Gibbons announced Tuesday that three new retailers will join the buildings it owns and manages within Annapolis Town Center, the Whole Foods-anchored destination in Parole. PAINT Nail Bar, A Taste of New Orleans and Nothing Bundt Cakes are expected to open this fall. (Daily Record)

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Hunt Valley-based McCormick & Co. sees sales boost amid coronavirus pandemic

McCormick & Co. saw sales jump in the third quarter as consumers hunkered down to cook and eat at home during the pandemic. The Hunt Valley spice and flavorings maker also announced Tuesday its first 2-for-1 stock split in 18 years, reflecting an outlook for continued growth. Sales are projected to grow as much as 5% in 2020. Sales for the three months ending Aug. 31 rose 8% to $1.43 billion, led by a 15% jump in sales of consumer products at stores.

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