retail - Providence Business News

Forever 21 in Warwick to close under parent’s bankruptcy plan

Capital Goods 03/17/2025

WARWICK – Another mall retail staple will be closing its doors for good. Forever 21 at the Warwick Mall on Bald Hill Road will be...

REPURPOSED: Felicia Neuhof is the founder and owner of Shellf Life, which transforms discarded seashells into surface materials for interior commercial and residential projects. PBN PHOTO/RUPERT WHITELEY

Shellf Life gives mollusks a new identity

Business Services 03/14/2025

While other businesses struggle with rising costs of materials, a new venture in Providence founded by Felicia Neuhof takes advantage of a medium that...

CVS HEALTH CORP. is looking to open at least 12 pharmacy-only stores. / AP FILE PHOTO/JAIMIE DING

CVS plans to open at least 12 pharmacy-only stores in U.S.

Economic Activity 03/10/2025

PROVIDENCE – CVS Health Corp. is looking to shrink the size of some of its new stores. The pharmacy chain plans to open 12 or...

STILL GOING STRONG: Michael Gagnon, who founded Mike’s Estate Services in West Warwick in 1998, says much of his business these days comes from people looking to downsize their holdings or children of retired parents looking to unload inherited valuables.  PBN PHOTO/MICHAEL SALERNO

West Warwick consignment shop does the heavy lifting

Entrepreneurship 01/31/2025

Within a historic mill building in West Warwick, a treasure trove awaits. Founded in 1998, Mike’s Estate Services for more than 20 years has...

Berk’s Shoes & Clothing closing after 50 years in business

Economic Activity 01/03/2025

PROVIDENCE – A longtime shoe and clothing store is closing its doors for good. In a note to its customers on the front door...

By the numbers, real-life retail remains resilient

Economy 12/06/2024

Old-fashioned shopping at brick-and-mortar stores is proving more than resilient again this holiday season despite the ever-present, always-open digital options and a less-than-stellar economy. The...

Nautic Partners to acquire specialty tapes business for $450M

Economic Activity 12/03/2024

PROVIDENCE – Nautic Partners LLC, a private equity firm based in the city that specializes in health care, is buying the specialty tapes business...

Ocean State Job Lot to open new store in Warwick Saturday

Economic Activity 11/22/2024

WARWICK – Ocean State Job Lot will celebrate the opening of its newest location at 300 Quaker Lane on Saturday, according to a report...

Big Lots files for Chapter 11 bankruptcy protection, plans to sell...

Capital Goods 09/09/2024

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,...