Retail
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Alex and Ani expanding partnership with TCMPi
Cranston-based jewelry company Alex and Ani and a Providence-based supplier of brand-name items for loyalty programs recently announced an expansion of a partnership that’s relatively rare among local businesses. more

By Rebecca Keister
PBN Staff Writer | 2/18/13

Travel bans test business planning
“The show must go on” is such a powerful mantra in live theater that for decades fearsome storms that shut down every other type of business wouldn’t cancel a scheduled performance. more

By Patrick Anderson
PBN Staff Writer | 2/18/13

Retail sales in U.S. increase for 3rd consecutive month
Retail sales in the U.S. rose in January for a third consecutive month, showing household spending is holding up even as an increase in the payroll tax takes a bigger bite from paychecks. more
Retail sales probably rose as U.S. consumers overcame tax rise
Sales at U.S. retailers probably grew in January as an improving job market helped consumers overcome higher payroll taxes, economists said before a report this morning. more
Pump prices rise 8 cents in R.I., 9 in Mass.
Rhode Island’s gasoline prices continued to rise this week, jumping 8 cents to $3.75 in the third consecutive week of price increases, AAA Southern New England said Monday. more
| 2/11/13
BJ’s board gets buyout claim thrown out
WESTBOROUGH, Mass. – BJ’s Wholesale Club Inc.’s directors won dismissal of investor claims that the board didn’t get enough for the third-largest U.S. warehouse-club chain in a $2.8 billion buyout by two private-equity firms, Bloomberg News reported. more
2/11/13
Coastway opens prototype branch
Coastway Community Bank opened a prototype retail branch on Comstock Parkway in Cranston on Jan. 28. The branch is intended to be the first of multiple locations for the design, which uses traditional materials of brick, stone and glass. Pictured from left, from Vision 3 Architects: Joseph Caldeira, project manager; Keith Davignon, principal; Andrew Hausmann, architect; and from E. Turgeon Construction Corp, Christopher Ducharme, principal, and Peter Abbenante, project manager. more
2/11/13
Ice cream maker intent on survival
Warwick Ice Cream owner Jerry Bucci Jr. is the third generation in a family business founded in 1930. He hopes one of his sons will one day run the company. more

By Rhonda Miller
PBN Staff Writer | 2/11/13

Hasbro profit drops in 4Q, 2012
Profit for Hasbro Inc. fell 6.4 percent to $130.3 million, or 99 cents per diluted share, in the fourth quarter of 2012 and 12.8 percent to $336 million, or $2.55 per diluted share, for 2012 as a whole, the company announced after markets closed Thursday. more
| 2/8/13
Hasbro names two new officers, announces new Monopoly piece
Toy and game-maker Hasbro Inc. announced Wednesday the appointment of two veteran employees to high-level chief officer positions. more
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