The Board of Aldermen—and city residents—have more than a turkey dinner to digest this week. On Monday, Mayor Curtatone told the Board that development at Assembly Square could halt if the Board does not vote by Dec. 2 to issue a $25 million bond and establish a DIF (District Improvement Financing plan) to help fund […]
Just five years ago, YoCream International Inc. was a $20 million company that was too reliant upon one customer. Nearly 75 percent of the Portland-based frozen dessert company’s sales came from selling softserve to Costco stores. “We knew that if we didn’t grow it, we would lose them,” said Terry Lusetti, YoCream’s director of investor […]
Warwick, RI Linear Retail Properties and mayor Scott Avedisian said that Eastern Mountain Sports, one of the nation’s largest outdoor retailers, will open a new store at 1000 Bald Hill Rd. / Rte. 2 in the spring of 2011. After 8 years at Garden City Shopping Center in Cranston, Eastern Mountain Sports has elected to […]
TRUMBULL — Town economic director Deborah Cox has high hopes that the recently completed, multimillion dollar renovation of Westfield Trumbull Shopping Mall will turn the facility from a mere shopping center to a destination. On Friday, Westfield Trumbull revealed the results of the renovation, which involved significant upgrades to the 1.2-million square foot shopping center, including […]
J. Crew Group Inc. Chief Executive Mickey Drexler cut a deal with two buyout firms to take the clothier private that lets him keep his job. Shareholders must now decide if they got as sweet a deal. On Tuesday, J. Crew disclosed that it agreed to a buyout from a group of investors that include […]
