Retail
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Summer Infant separates CEO and chairman positions, taps Almagor as chairman
Juvenile health, safety and wellness product maker Summer Infant Inc. has separated the positions of CEO and chairman of the board of directors, naming Dan Almagor as chairman. more
| 1/28/13
Hasbro to cut jobs after 4Q sales trail forecast
Hasbro Inc., the maker of Nerf, Playskool and Transformers toys, fell the most in nine months after saying preliminary fourth-quarter sales trailed its forecast because of weaker demand in the U.S. more
Gas falls 2 cents in R.I., Mass.
Gasoline prices in Rhode Island fell by 2 cents over the last week, according to AAA Southern New England, to $3.52 per gallon of self-serve, unleaded regular gas. more
| 1/21/13
REITs gain 26% ditching failing shopping malls: mortgages
Mall owners including Simon Property Group Inc. and General Growth Properties Inc., the biggest in the United States, are signaling they’re moving on from struggling retail centers as the economic rebound drives them to focus on the best-performing markets. more
Mass. DEP fines Fairhaven paint co. for illegal dumping
BOSTON – The Mass. Department of Environmental Protection has fined a Fairhaven company for dumping waste paint-wash water into a storm drain at the Dartmouth Mall, the agency announced. more
1/21/13
CVS reaches agreement with union at 500 California stores
CVS Caremark Corp. and the United Food & Commercial Workers union have signed a five-year cooperation agreement giving CVS/pharmacy employees at roughly 500 stores in Los Angeles, San Francisco and San Diego the opportunity to vote on whether or not they want to be represented by the union. more
| 1/18/13
Hasbro implements recycling program at all R.I. facilities
Toy and game-maker Hasbro Inc. has teamed up with the R.I. Resource Recovery Corp. to introduce single-stream recycling at all of its Ocean State facilities. more
| 1/16/13
Flu shots hard to find at CVS, Rite Aid as patient demand surges
CVS Caremark Corp. and Rite Aid Corp., two of the largest U.S. drugstore chains, said they are running short of influenza vaccines as an earlier and more severe flu season drives up demand from Michigan to New Jersey. more
Gas prices unchanged in R.I., drop in Mass.
Gasoline prices remained stagnant in Rhode Island over the last week at $3.54 per gallon after rising 2 cents a week ago, AAA Southern New England said Monday. more
| 1/14/13
Speidel hoping to turn clock back
The heyday of 109-year-old watch-and-watchband-brand Speidel was the skinny-tie era of the 1950s and 1960s, when the company employed hundreds in its Providence Jewelry District plant. more

By Patrick Anderson
PBN Staff Writer | 1/14/13

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