Business

Business
3:07 pm
Thu August 22, 2013

Providence’s Old Arcade is Filling Up With New Tenants

The Arcade, built in 1828, is thought to be the oldest indoor mall in the U.S. It is currently undergoing $7 million in renovations.
Credit Catherine Welch / RIPR

The owners of the Providence Arcade, the nation’s oldest indoor shopping mall, have announced some new tenants.  They include two restaurants and a women’s clothing boutique.

The largest restaurant space in the Arcade has been rented by an eatery called Rogue Island. It will specialize in local food and beer.  Also joining the Arcade business group is Livi’s Pockets a purveyor of fast Mediterranean food.

Rounding out the list of new tenants is a shop called Nude, which will feature the women’s clothing and handbags of six New England designers.

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Business
6:00 pm
Fri August 16, 2013

Bottom Line:

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.

This week Dave and Mark talk with Rhode Island Foundation President and CEO Neil Steinberg. They discuss the new campaign to market Rhode Island’s strengths; called “It’s All in Your Back Yard,” along with public reaction to the campaign.

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The Bottom Line
3:09 pm
Fri August 2, 2013

The Bottom Line: Same-Sex Weddings in Newport

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.

This week Dave and Mark talk with Discover Newport President and CEO Evan Smith. They discuss the impact same-sex marriage will have on Newport as a wedding and tourist destination and what’s being done to lure this new market.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

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Business
3:58 pm
Thu August 1, 2013

Rhode Island Tourism Industry Expecting Boost from Same-Sex Marriage

The Providence Warwick Convention & Visitors Bureau said it has been marketing to the LGBT community for nearly a decade.
Credit file / RIPR

The Providence Warwick Convention and Visitors Bureau said it expects tourism and the wedding industry will get a boost from Rhode Island’s new same-sex marriage law.

The Convention and Visitors Bureau has been marketing to the LGBT community for the last nine years. Kristen Adamo is the vice president for marketing, and she expects same-sex weddings will grow over time.

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The Bottom Line
4:36 pm
Fri July 26, 2013

The Bottom Line: Redesigning Historic Spaces

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.

This week Dave talks with Rhode Island School of Design professor Liliane Wong. She heads the interior architecture department at RISD, has published about adaptive reuse in design, and is a registered architect. They discuss the promise and challenges of turning old buildings into new spaces.

When to Listen

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The Bottom Line
5:01 pm
Fri July 19, 2013

The Bottom Line: HealthSource RI & Small Business

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.

This week Dave and Mark talk with Claflin Company President & CEO Ted Almon, a veteran advisor on state health care policies, including the development of the state health insurance network. They discuss how Rhode Island’s health insurance exchange looks as we get closer to the deadlines laid out in the Affordable Care Act.

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Business
4:14 pm
Wed July 17, 2013

CVS and Others Ban Rolling Stone Featuring Boston Bombing Suspect on Cover

The August issue of Rolling Stone magazine is having some circulation problems because of the man on its cover.

CVS, Walgreen’s and Tedeschi Food Stores are refusing to sell the August issue of Rolling Stone magazine because the cover features a picture of Boston Marathon bombing suspect Dzhokhar Tsarnaev. 

The Woonsocket-based CVS issued a statement saying, in part, “As a company with deep roots in New England and a strong presence in Boston, we believe this is the right decision out of respect for the victims of the attack and their loved ones. “

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The Bottom Line
3:18 pm
Fri July 12, 2013

The Bottom Line: Legislative Recap

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.

This week Dave and mull over the recent legislative session. They discuss attempts to restructure the state’s Economic Development Corporation, historic tax credits and the new health insurance commissioner.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

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Business
2:26 pm
Wed July 10, 2013

Providence Peanut Company has been Pleasing Taste Buds for a Century

The state is honoring the Providence-based peanut company for its century of selling peanuts in Rhode Island.
Credit Flo Jonic / RIPR

Lt. Governor Elizabeth Roberts is holding a birthday part of sorts Wednesday for a Providence peanut company that’s celebrating its 100th anniversary.

The Virginia and Spanish Peanut Company was founded 100 years ago this summer by Peter Kaloostian, an Armenian immigrant.  The company roasts, packages and distributes peanuts, nuts and dried fruit to a wide variety of bakeries, confectioners and supermarkets throughout New England. 

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Business
12:39 pm
Tue July 9, 2013

Shaw’s Supermarket Planning to Keep Employees at Closed RI Stores

Shaws says it will be closing two under-performing stores in Rhode Island.
Credit RIPR FILE

The Shaw’s supermarket chain says it’s closing six underperforming stores. Four are in southeastern Massachusetts and two are in the Rhode Island communities of Westerly and Woonsocket. 

But the closures won’t necessarily mean massive layoffs. A spokesman for Shaw’s said the company will try to avert layoffs by absorbing the affected employees into their remaining stores.  After the closures of the stores in Westerly and Woonsocket there will be eight Shaw’s stores left in Rhode Island.

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