Retail
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Gasoline prices climbed back up again in Rhode Island this week while the Massachusetts average remained unchanged from a week ago, reflecting volatility in national gas prices, according to the weekly survey by AAA Southern New England. more
United Natural Foods Inc., a national distributor of natural, organic and specialty food products, saw its bottom line rise 15.1 percent during its fiscal third quarter to $36.4 million, or 73 cents per diluted share, compared with $31.6 million, or 64 cents per diluted share, for the same period last year. more
Gasoline prices dropped 2 cents in Rhode Island and remained unchanged in Massachusetts this week, according to the weekly survey by AAA Southern New England. more
On the 2014 Fortune 500 list of the largest U.S. corporations, released last week, CVS Caremark Corp. inched upward to No. 12 from No. 13 on the 2013 list. Also making the Fortune 500 again were Textron Inc. (No. 228) and United Natural Foods Inc. (No. 427). more
Dunkin’ Brands Group Inc. and Starbucks Corp. want a bigger chunk of your lunch money. Dunkin’ Donuts is introducing a new $3.99 grilled-chicken flatbread today, following Starbucks’s move last month to test seven new hot lunch sandwiches in some cafes. more
The economy in the U.S. contracted for the first time in three years from January through March as companies added to inventories at a slower pace and curtailed investment. more
The average price of gasoline rose a penny in Rhode Island and was unchanged in Massachusetts this week, reversing two weeks of price declines in both states, according to the weekly survey by AAA Southern New England. more
U.S. retailers’ first-quarter earnings are trailing analysts’ estimates by the widest margin in 13 years after bad weather and weak spending by lower-income consumers intensified competition. more
United Natural Foods Inc. announced Thursday it will acquire Tony’s Fine Foods, a perishable foods distributor specializing in cheeses and deli products and based in West Sacramento, Calif., for approximately $195.3 million. more
U.S. stocks fell, halting a two-day advance, as retailers from Staples Inc. to Urban Outfitters Inc. slumped on worse-than-estimated earnings and small-cap companies retreated. more
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