Content about East Coast

February 5, 2014

Anheuser-Busch plans to purchase Blue Point Brewing Co., one of the nation's top craft brewers with more than 40 beers and sales concentrated along the East Coast. Terms of the agreement were not disclosed.

Anheuser-Busch plans to purchase Blue Point Brewing Co., one of the nation's top craft brewers with more than 40 beers and sales concentrated along the East Coast. Terms of the agreement were not disclosed.

Blue Point was founded by Mark Burford and Peter Cotter 15 years ago in Patchogue, N.Y., where the brewery will continue to operate. Anheuser-Busch also plans to invest in the brewery to grow its operational capabilities and enhance the consumer experience in the next few years.

August 1, 2013

Vir2o, a new social media platform by East Coast Diversified Corporation, has announced that its online, interactive e-commerce engine is open for business and powered by Amazon.

ATLANTA, Ga. — Vir2o, a new social media platform by East Coast Diversified Corporation, has announced that its online, interactive e-commerce engine is open for business and powered by Amazon. 

Members of the aStore will be able to browse through a wide range of products and shop online with friends in their network in real time, thanks to ECDC's nVite technology. ECDC's proprietary nVite technology also lets Vir2o members watch movies together and share photos in real time.

February 13, 2013

A report released Friday by the National Retail Federation and Hackett Associates estimated that retail imports will increase 8.5% in February, after a contract deal between the East Coast and Gulf Coast dockworkers is finalized.

A report released Friday by the National Retail Federation and Hackett Associates estimated that retail imports will increase 8.5% in February, after a contract deal between the East Coast and Gulf Coast dockworkers is finalized.

The monthly Global Port Tracker report said that, had a key West Coast agreement also been settled, import cargo volume at the nation’s major retail container ports would possibly have seen an additional rise. 

December 13, 2012

Cargo volumes at U.S. ports are forecast to increase 3.9% this month following a 5.6% decline in November. That’s the good news, but now retailers and suppliers have to worry about the possibility of a strike at East coast ports.

Cargo volumes at U.S. ports are forecast to increase 3.9% this month following a 5.6% decline in November. That’s the good news, but now retailers and suppliers have to worry about the possibility of a strike at East coast ports.

The strike by workers at the ports of Los Angeles and Long Beach negatively affected container volumes in November, but resolution of the strike after eight days meant disruption in December was limited to just two days, according to the monthly Global Port Tracker report compiled by the National Retail Federation and Hackett Associates

November 5, 2012

Gap Inc. is donating more than $1 million to help victims of Hurricane Sandy, which struck the East Coast earlier this week and caused widespread damage and destruction.

SAN FRANCISCO — Gap Inc. is donating more than $1 million to help victims of Hurricane Sandy, which struck the East Coast earlier this week and caused widespread damage and destruction.

Upon the request of the American Red Cross, Gap Inc. will donate more than $250,000 worth of clothing, which will be distributed tomorrow in New Jersey, one of the areas hit the hardest by this week’s superstorm. In addition, the company will donate $750,000 cash to provide critical help and necessities for those in affected areas.

October 1, 2012

Hess toy truck commercials are something most East Coast residents can remember from their childhood.

NEW YORK — Hess toy truck commercials are something most East Coast residents can remember from their childhood. Until now, however, the special holiday toys were only available at Hess stations.

Now people all over can get their hands on a Hess truck now that the company is offering them online via www.hesstoytruck.com. Preordering is available online starting Nov. 1.

September 10, 2012

Import cargo volume at the nation’s major retail container ports is expected to increase 8.5% in September compared with the same month last year, and strong increases are expected into the holiday season despite talk of a possible strike at East Coast and Gulf Coast ports, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

WASHINGTON — Import cargo volume at the nation’s major retail container ports is expected to increase 8.5% in September compared with the same month last year, and strong increases are expected into the holiday season despite talk of a possible strike at East Coast and Gulf Coast ports, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

September 6, 2011

So far so good. The third quarter at Target is off to a solid start as Target reported a 4.1% same-store sales increase that was squarely in the middle of the company’s guidance range, which called for an increase in the low to mid single digits.

So far so good. The third quarter at Target is off to a solid start as Target reported a 4.1% same-store sales increase that was squarely in the middle of the company’s guidance range, which called for an increase in the low to mid single digits.

September 1, 2011

Despite low consumer confidence, the volatile economy and a hurricane, many retailers reported better-than-expected sales in August.

NEW YORK — Despite low consumer confidence, the volatile economy and a hurricane, many retailers reported better-than-expected sales in August. Hurricane Irene appeared to put a dent in the results of some retailers on the East Coast, but the storm did not appear to do as serious damage as some expected.

Total retail sales rose 4.4%, just missing the 4.6% rise that Wall Street analysts had expected, according to Thomson Reuters. Of the 19 out of the 25 retailers that Thomson Reuters tracks, 11 beat expectations.

February 3, 2011

Dillard’s was the clear winner in the department store category in January, posting a same-store sales increase of 6%, which edged results from both Macy’s and Saks.

NEW YORK -- Dillard’s was the clear winner in the department store category in January, posting a same-store sales increase of 6%, which edged results from both Macy’s and Saks.

JCPenney was the big disappointment, as same-store sales dropped an unexpected 1.2%. A survey of analysts by Thomson Reuters produced a consensus estimate of same-store sales up 1.8%.

The retailer said January sales were impacted by lower levels of clearance inventory as well as by adverse weather conditions.

December 15, 2010

Ikea announced that it plans to install solar energy panels on two East Coast stores: Paramus, N.J. and Stoughton, Mass. Pending governmental permits, rooftop installation will begin in the new year, with completion expected in spring 2011.

CONSHOHOCKEN, Pa.  - Ikea announced that it plans to install solar energy panels on two East Coast stores: Paramus, N.J. and Stoughton, Mass. Pending governmental permits, rooftop installation will begin in the new year, with completion expected in spring 2011. The plans bring the number of U.S. Ikea locations that will have a solar energy system to a total of 13. According to the company, these two systems will represent the largest store-top solar installations for Ikea in the United States.