Retail
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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
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
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
Seeing is appreciating in this shop
After having started RISD Works more than a decade ago, Matthew Bird was wondering what to do next. After seeing a vacant space on Wickenden Street he toyed with the idea of another store, but why consider a venture similar to the one that you just left? “There is increasingly more and more great stuff out there in the world and it gets overwhelming,” Bird said. “There are amazing things that nobody can find.” more
Alex and Ani to open professional development center
Jewelry designer Alex and Ani LLC will open a professional development center in a Weybosset Street building it has purchased. The location will also house a new retail location will open in late August, CEO Giovanni Feroce told Providence Business News. 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
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
Rite Aid opens more Wellness Stores
A remodeled Rite Aid Wellness Store at 1080 Bald Hill Road held its grand opening event on July 14, part of national effort by national drug store chain to promote wellness services and products more
Massachussetts gets settlement with stores on pricing for drugs
BOSTON –Walmart Inc. and Target Corp. have agreed to pay $232,000 to cities and towns across Massachusetts to settle claims that they allegedly overcharged public agencies for prescription drugs through the workers’ compensation insurance system. more
7/16/12
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