Updated July 30 at 5:27pm
Retail
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Rhode Islanders plan to spend an average of $52 on Valentine’s Day gifts this year, and while the amount isn’t as high as Kansas, where the average spending is expected to hit $117, it’s higher than New Hampshire, where it’s anticipated to reach only $31. more
Retail sales increased for a third straight month in January as Americans kicked off 2016 by spending freely on cars, clothing and online merchandise. more
Consumer sentiment declined in February to a four-month low as declining stock prices and weaker global conditions weighed on Americans’ views of the economy. more
Consumer comfort in the first week of February held close to a three-month high as Americans grew more upbeat about the buying climate. more
Dunkin’ Donuts plans to open more than 400 new U.S. restaurants this year (and around 8,000 in what it deems the “long term”) as it expands westward from its East Coast base. more
Rhode Island is the fourth-most expensive state to get married, according to Thumbtack, with an average cost of $15,233. more
CVS Health Corp. earnings matched analysts’ earnings estimates in the fourth quarter, after the August acquisition of nursing-home pharmacy Omnicare helped drive sales growth at its drugstores. more
Gasoline prices fell 5 cents this week in Rhode Island and 4 cents in Massachusetts, hitting the lowest point in both states since January 2009, AAA Northeast said. more
(Updated 11:49 a.m.) Hasbro Inc. posted fourth-quarter profit that topped analysts’ estimates after demand for “Star Wars” and “Jurassic World” merchandise boosted sales. more
WESTPORT – Farmers will begin cutting trees and tearing up brush on a parcel on Route 6 that should be a slaughterhouse and meat market by the end of the year, according to a report by The Herald News of Fall River. The Southeastern … more
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