Big Lots files for Chapter 11 bankruptcy protection, plans to sell...
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales.
The Columbus,...
LL Flooring closing all stores, including 1 in R.I.
PROVIDENCE – LL Flooring, formally known as Lumber Liquidators, is closing all of its stores and will cease operations just weeks after filing for...
U.S. hiring rebounds slightly and unemployment rate dips in sign of...
WASHINGTON (AP) – Hiring by America's employers picked up a bit in August from July's sluggish pace, and the unemployment rate dipped for the first...
Bargain chains see spending pullback as higher prices squeeze more Americans
Dollar Tree is slashing its full-year earnings and sales forecasts as its customers continue to struggle with higher prices and spend less.
Shares tumbled more...
Federal Reserve’s favored inflation gauge shows price pressures easing
WASHINGTON (AP) – An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears...
Cooley Group’s Dwight named Manufacturing Leader of the Year
DANIEL DWIGHT, CEO and president of Pawtucket-based Cooley Group, was recently named Manufacturing Leadership Council’s 2024 Manufacturing Leader of the Year and Cooley Group...
ProvPort launches master planning process for waterfront property
PROVIDENCE – ProvPort Inc. on Thursday launched a master planning process that will lay out potential long-term plans for improvements, expansion and opportunities to...
U.S. economic growth for last quarter is revised up to a...
WASHINGTON (AP) – The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government...
U.S. consumer confidence rises in August
American consumers felt more confident in August as their outlook for the future improved.
The Conference Board, a business research group, said Tuesday that its...
Stop & Shop to stop selling tobacco products on Aug. 31
PROVIDENCE – Stop & Shop will stop selling all cigarettes and tobacco products at its 360 stores by Aug. 31, the grocery retailer announced...
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