Retail
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Coastway opens prototype branch
Coastway Community Bank opened a prototype retail branch on Comstock Parkway in Cranston on Jan. 28. The branch is intended to be the first of multiple locations for the design, which uses traditional materials of brick, stone and glass. Pictured from left, from Vision 3 Architects: Joseph Caldeira, project manager; Keith Davignon, principal; Andrew Hausmann, architect; and from E. Turgeon Construction Corp, Christopher Ducharme, principal, and Peter Abbenante, project manager. more
2/11/13
Ice cream maker intent on survival
Warwick Ice Cream owner Jerry Bucci Jr. is the third generation in a family business founded in 1930. He hopes one of his sons will one day run the company. more

By Rhonda Miller
PBN Staff Writer | 2/11/13

Travel bans test business planning
“The show must go on” is such a powerful mantra in live theater that for decades fearsome storms that shut down every other type of business wouldn’t cancel a scheduled performance. more

By Patrick Anderson
PBN Staff Writer | 2/18/13

Malls investing to lure target demographics
Change is afoot at Providence-area shopping malls. Even as the Internet reshapes the retail industry around them, several of the region’s most prominent shopping hubs are experiencing the most significant new investment and store realignments in years. more

By Patrick Anderson
PBN Staff Writer | 2/25/13

O’Brien bill targets luxury sailing vessels
PROVIDENCE – Rep. William O’Brien, D-North Providence, has introduced legislation that aims to ease the auto-excise taxes on Rhode Island motor vehicle owners while generating more tax revenue for the state by instituting a sales and property tax on sailing vessels worth more than $100,000. more
3/4/13
Online-sales tax-collection push on
Jeff Dronzek, owner of Learn All About It Toys in Warwick, doesn’t mind competing with online retailers, but he does get frustrated with “show-rooming,” when customers browse items in his store, get advice from the salespeople, then order them from an Internet retailer. more

By Patrick Anderson
PBN Staff Writer | 3/11/13

U.S. holiday sales rise 0.7% as Washington hurts confidence
U.S. holiday sales growth slowed by more than half this year after gridlock in Washington soured consumers’ moods and Hurricane Sandy disrupted shopping, MasterCard Advisors SpendingPulse said. more
Consumer prices in U.S. fell more than forecast in November
The cost of living fell more than forecast in November as energy prices dropped, a sign U.S. inflation remains in check. more
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
Consumer optimism rising with stocks lifts Obama’s odds
Improving consumer moods bolster President Barack Obama’s re-election prospects in a campaign that has been largely fought on economic issues, said Andrew Kohut, president of the Pew Research Center in Washington. more
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