Retail
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Pump prices climb 7 cents
Rhode Island’s gasoline prices rose 7 cents this week. The jump marks the first increase in Ocean State pump prices in 13 weeks, according to AAA Southern New England. more
| 7/16/12
U.S. stock futures fall as retail sales drop
U.S. stock futures fell, following the biggest one-day gain in two weeks for the Standard & Poor’s 500 Index, as a report showed retail sales in the world’s biggest economy unexpectedly dropped for a third straight month. more
Alex and Ani purchases Sakonnet Vineyards
(Updated, 2 p.m.) In a move that represents a “major re-investment in the local economy,” Alex and Ani LLC has purchased Sakonnet Vineyards in Little Compton, the jewelry designer announced Thursday. more
| 7/19/12
Parking a city growth industry
Through the ups and downs of the always jittery Rhode Island economy, one Providence industry remains remarkably strong: parking. more
CVS partners with NACHC on grants
CVS Caremark Charitable Trust – a private foundation founded by CVS Caremark Corp. – has partnered with the National Association of Community Health Centers to create a grant program focused on managing chronic disease, the company announced Tuesday. more
R.I. pump prices continue to rise
Rhode Island’s gasoline prices rose 8 cents this week. The jump marks the second consecutive week of increases after 13 weeks of stagnant or decreasing prices, according to AAA Southern New England. more
Schilling-bond refunding hastened by lowest yields
The lowest municipal yields in a generation may help Rhode Island cut the cost of repaying $75 million it borrowed to lure former Boston Red Sox pitcher Curt Schilling’s now-bankrupt videogame company from Massachusetts. more
Hasbro revenue falls 7% in 2Q
Revenue for Hasbro Inc. fell 7 percent to $811.5 million in the second quarter of 2012 compared with $908.5 million for the same 2011 period. more
| 7/23/12
Crafting plan for niche beer sales
Who could have imagined 12 years ago what would happen to beer: unfiltered Imperial Pale Ales at nearly every bar and liquor stores with rows of fancy brews without a St. Louis or Milwaukee label in sight. At the turn of the millennium, it would be nearly a decade until the term “craft beer” entered the lexicon. more
A.T. Cross profits grow in 2Q
A.T. Cross Co. saw profits increase to $3.7 million in the second quarter of 2012, or 28 cents per diluted share, compared with $3.2 million, or 24 cents per diluted share, in the second quarter of 2011, the personal- and business-accessories maker said Thursday. more
| 7/26/12
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