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Trump tariff delay is a gift to retailers that feels like...

It looks as if the Trump administration didn’t want to be accused of ruining Christmas.The U.S. Trade Representative’s office said on Aug. 13 that...
A 10% TARIFF on some Chinese products on many holiday-shopping lists will be delayed by Trump administration until mid-December. / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

U.S. delays China tariffs on some holiday-shopping favorites

WASHINGTON – The Trump administration will delay until mid-December the 10% tariff on some Chinese products on many holiday-shopping lists.By granting a grace period...
INVOLVED: Jim Boscov is the chairman and CEO of Boscov’s, billed as the nation’s largest family-owned department store, which is moving into the former Nordstrom location at Providence Place mall. He said running a business doesn’t happen from an office, but rather on the sales floor.
 / PBN PHOTO/MICHAEL SALERNO

An outlier comes to Providence Place

While other department stores have closed as sales slip away with changing consumer preferences and a migration online, Reading, Pa.-based Boscov’s is an outlier....
INVOLVED: Jim Boscov is the chairman and CEOALTERNATIVE SERVICES: The Providence Place mall has evolved to compete with online shopping and e-retailers by adding alternative services such as the CycleBar cycling studio and renting space to Comprehensive Community Action Program for a “skills center” that offers computer and language classes, as well as job-training workshops.   / PBN PHOTO/MICHAEL SALERNO

New stores help Providence Place evolve

To many, the closure of Nordstrom at Providence Place mall was a disheartening blow for the capital city, and further proof online shopping is...
MOVING IN: Boscov’s Chairman and CEO Jim Boscov stands in what will be the new store in Providence Place mall, where it will replace the departed Nordstrom. 
 / PBN PHOTO/MICHAEL SALERNO

Boscov’s could be just what the mall doctor ordered for R.I.

With the first lengthy look at the owner of Providence Place mall in this week’s issue of PBN, the region has had the chance...

CVS Health offers employees prescription to improved well-being

Healthiest Employers of Rhode Island 2019 5000+ EMPLOYEES #2: CVS Health Corp.CEO (or equivalent): Larry J. Merlo, CEO and president Number of employees: 151,355IT’S ONE THING...

Skateboard, streetwear brand opens store in Arcade Providence

PROVIDENCE – Sosico, a Rhode Island-based business that designs clothing and accessories influenced by skateboard and streetwear culture, has opened a store in the...
GLEN GIOVANUCCI has been named the next CEO of G-Form. / COURTESY G-FROM LLC

G-Form names Giovanucci next CEO

PROVIDENCE – Glen “Gava” Giovanucci has been named CEO of G-Form LLC, the company announced Wednesday.G-Form designs and manufactures protective gear for athletics, including...
CVS HEALTH CORP. reported a $1.9 billion profit in the second quarter, exceeding expectations. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS posts $1.9B profit in Q2 with Aetna profit boost

WOONSOCKET – CVS Health Corp. reported net income of $1.9 billion, or $1.49 per diluted share, in the second quarter, a turnaround from a...
CVS HEALTH is expanding its CVS Pharmacy membership rewards program delivery service nationwide. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS expands membership rewards pharmacy delivery program nationwide

WOONSOCKET – CVS Health Corp. is expanding its pharmacy delivery service nationwide, the company announced Monday.The membership program, called CarePass, provides one- to two-day...
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