Retail
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Summer Infant profits plummet in 3Q
Juvenile health, safety and wellness product maker Summer Infant Inc. posted a net loss of $65.4 million, or $3.65 per diluted share, for the three months ended Sept. 30, compared with a $2.1 million, or 11 cents per diluted share, gain during the same period in 2011. more
| 11/14/12
Retail sales in U.S. decrease for first time in 4 months
Retail sales in the U.S. fell in October for the first time in four months, influenced by the effects of superstorm Sandy, which hurt receipts for some and helped for others. more
Pump prices continue to drop in R.I., Mass.
Gasoline prices in Rhode Island dropped another 3 cents this week, marking the fifth consecutive week of decline, according to AAA Southern New England. more
| 11/13/12
Retail sales probably dropped in October
Sales at U.S. retailers probably fell in October for the first time in four months as consumers in the Northeast stayed away from auto dealers and shopping centers before and after superstorm Sandy, economists said before a report this week. more
Hasbro named one of most ‘community-minded’ companies
Hasbro Inc. was recognized in The Civic 50 survey as one of the country’s most community-minded companies along with companies such as IBM, Citigroup and AT&T. more
| 11/9/12
Dear Kate re-launches lingerie line in time for holidays
Dear Kate, the rebranded line of specialty lingerie that mixes fashion and function, is launching online this month with shipping to start in early December in anticipation of the holiday season. more
GTECH revenue rises 15% in 3Q
Lottomatica Group S.p.A. reported a 15.4 percent increase in revenue during the third quarter for its Providence-based subsidiary GTECH Corp. more
| 11/7/12
CVS profits top estimates in 3Q
(Updated, 10:30 a.m.) CVS Caremark Corp., the largest provider of prescription drugs in the U.S., posted third-quarter profit that exceeded analysts’ estimates and raised its earnings forecast for the year after winning customers from Walgreen Co. more
Gas prices continue to slide in R.I., Mass.
Gas prices in Rhode Island dropped another 4 cents this week, marking the fourth consecutive week of declines, according to AAA Southern New England. more
| 11/5/12
Gas prices drop 11 cents in R.I.
Gas prices in Rhode Island dropped another 11 cents this week, after dropping 6 cents last week, according to AAA Southern New England. more
| 10/29/12
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