Updated October 1 at 6:26am
Retail
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Gail Cavanaugh is a business consultant and life-insurance agent based in Portsmouth. A specialist in retailer and merchant services, Cavanaugh talked with Providence Business News about the security – or lack thereof – with the new EMV chips (Europay, MasterCard and Visa) found on credit cards and how retailers should be dealing with the costs associated with buying new EMV equipment. more
Auto sales accelerated more than expected in September, aided by cheap credit, good deals and relatively low gasoline prices. The annualized rate reached the fastest pace in more than 10 years. more
It won’t be long until you start seeing commercials for Black Friday specials and Cyber Monday bargains. This year, Deutsche Bank’s Chief International Economist Torsten Sløk expects the holiday season to bring a lot of cheer to retailers, many of which have struggled since the recession. more
Gasoline prices in Rhode Island and Massachusetts fell 2 cents this week, AAA Northeast said Monday. more
Rhode Island’s seasonally adjusted unemployment rate was 5.4 percent in May, unchanged from the revised April rate, but seven-tenths of a percentage point lower than it was in May 2015, the state Department of Labor and Training said Thursday. more
Sports Authority Inc., still seeking a buyer, has no current plan to liquidate, a lawyer for the bankrupt retailer said. more
The maker of Titleist golf balls is teeing up an IPO. more
Black Friday’s death has been greatly exaggerated before. This year, not so much. more
The U.S. economy expanded at a faster pace in the third quarter than previously reported, reflecting a smaller hit from efforts to rein in bloated inventories. more
Tiffany & Co., the luxury jewelry retailer, gave a forecast for earnings this year that trailed analysts’ estimates as the sluggish global economy hurts sales. more
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