Month: March 2021

‘Just getting started’: Arciuolo’s family shoe store marks a century in Milford

MILFORD — After a century in business, Arciuolo’s Shoes continues to innovate.

“There’s a lot of tradition that goes into a business like ours but there’s also got to be constant updates as well,” said Matthew Joseph Arciuolo II. “The reason why we are still here and a lot of stores similar to us aren’t, is that we will keep our head on a swivel. We are constantly staying on top of what people are buying and making sure that we are as convenient and helpful as possible.”

Arciuolo’s is celebrating its 100th anniversary this year. In addition to being

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A third of America’s malls will disappear by next year: Jan Kniffen

A third of America’s malls are going to shut permanently by 2021, according to one former department store executive, as their demise is accelerated due to the coronavirus pandemic

“The mall has been losing ground for a long time, now it’s losing ground faster,” said Jan Kniffen, a current retail consultant and former exec at The May Department Stores, which was eventually folded into Macy’s

“I expect we are going to see at least 20% of the [inside of the] mall go. I expect to see a third of the malls go a lot sooner than we thought,”

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New RVs for 2020: Small Trailers

From teardrops and pop-ups to expedition-style off-roaders, the 2020 crop of lightweight camping trailers are nimble, adventurous and easy to tow. 

Airstream Bambi 16RB

Airstream Bambi 16RB travel trailer exteriorWith a base price of $48,900, the 15-foot, 11-inch, single-axle Bambi 16RB is the smallest Airstream travel trailer and has the same aluminum structure as its Silver Bullet brethren. “We don’t really use the word ‘entry level’ because we’re a luxury-type of travel trailer, but this is where you start with our entire lineup,” said Lenny Razo, vice president of sales. “The Bambi will get you into a traditional Airstream.”

See Related Stories: Tiny Trailers: On-Road

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What to Expect in the Markets This Week

Key Takeaways

  • The CDC eviction moratorium is set to expire at the end of March unless it is extended.
  • This upcoming Tuesday, the Conference Board Consumer Confidence Index is released.
  • On Friday, unemployment numbers for Friday will be released.

The S&P 500 returned 1.6% for the week ending March 26, 2021. All but two of the S&P’s 11 sectors were up, the two laggards being consumer discretionary and communication services. Communication services was by far the biggest underperformer of the two, with its benchmark XLC ETF returning -4.0% for the week. The big driver of the sector’s underperformance was the

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Nikes are getting harder to find at stores. Here’s why

Nike wants customers to buy more of its shoes, clothing and gear at Nike stores and on Nike.com and its apps, as well as at a more limited group of retailers like Dick’s Sporting Goods (DKS) and Foot Locker (FL). So the company in recent years has slashed the number of traditional retailers it sells its goods to while shifting to grow directly through its own channels, especially online. That has affected big and small retailers. In addition to pulling out of some independently owned stores, Nike (NKE) also ended a partnership
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