Retail
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Gray’s Store closes after 224 years
Gray’s Store in Adamsville village, which opened in 1788, closed its doors Sunday afternoon, according to the Associated Press. more
| 7/30/12
Will JetBlue’s arrival begin airport resurgence?
Not long after JetBlue Airways first took to the skies in 2000, Rhode Island officials hoping to bring it to T.F. Green International Airport began a courtship of the low-cost carrier that would last more than a decade. more
Parking a city growth industry
Through the ups and downs of the always jittery Rhode Island economy, one Providence industry remains remarkably strong: parking. more
Crafting plan for niche beer sales
Who could have imagined 12 years ago what would happen to beer: unfiltered Imperial Pale Ales at nearly every bar and liquor stores with rows of fancy brews without a St. Louis or Milwaukee label in sight. At the turn of the millennium, it would be nearly a decade until the term “craft beer” entered the lexicon. more
U.S. consumer sentiment gauge falls to lowest this year
Confidence among U.S. consumers dropped in July to the lowest level this year as the labor market and broader economy showed few signs of improvement. more
A.T. Cross profits grow in 2Q
A.T. Cross Co. saw profits increase to $3.7 million in the second quarter of 2012, or 28 cents per diluted share, compared with $3.2 million, or 24 cents per diluted share, in the second quarter of 2011, the personal- and business-accessories maker said Thursday. more
| 7/26/12
CVS partners with NACHC on grants
CVS Caremark Charitable Trust – a private foundation founded by CVS Caremark Corp. – has partnered with the National Association of Community Health Centers to create a grant program focused on managing chronic disease, the company announced Tuesday. more
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
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