Retail
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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
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
Wampanoag casino deal most lucrative in U.S.
The 21.5 percent share of revenue Massachusetts will earn from a casino built by the Mashpee Wampanoag Tribe is the most any state has ever negotiated with an American Indian Tribe, according analyst Clyde Barrow. more
| 7/12/12
Exporters to gain from Russian trade legislation
Rhode Island exporters stand to gain from a growing Russian market, according to Business Roundtable. more
| 7/12/12
CVS joins Best Buy in quitting group backing voter-ID laws
Five more companies are ending their financial support of a public policy group that has worked with state lawmakers to pass pro-gun ownership and voter-identification laws, a civil rights group said Tuesday. more
Gas prices unchanged in R.I., up in Mass.
Rhode Island’s gasoline prices are unchanged this week after 11 consecutive weeks of declines, according to AAA Southern New England. more
| 7/9/12
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