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 discuss the opening of the Arcade in downtown Providence and its significance for redevelopment of the downtown. They also analyze the record quarterly earnings of Washington Trust Bank, looking at how it happened and whether this is a model for other banks.
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.