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Business

Facing Huge Inventory, Target Cuts Vendor Orders, Prices

NEW YORK — Target is canceling orders from suppliers, particularly for home goods and clothing, and it’s slashing prices further to clear out amassed inventory ahead of the critical fall and holiday shopping seasons. The actions, announced Tuesday, come after a pronounced spending shift ...

Fall Opening Planned For New Restaurant

LAKEWOOD — The former Ruby Tuesdays location at the Chautauqua Mall in Lakewood will open as Buddy Brewster’s Ale House. In a message posted to Facebook, Professional Hospitality Restaurant Group said the business should open in the fall. It also will include outdoor ...

Don’t Let First Car Be A $30K Mistake

Buying your first car is already an intimidating experience; in the midst of historic supply shortages, it’s easy to feel overwhelmed. In March of this year, the average price of a used car was $27,246, according to Cox Automotive — an automotive marketplace and data company — or 28% ...

Package Sizes Are Indeed Smaller

It’s the inflation you’re not supposed to see. From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without lowering prices. It’s dubbed “shrinkflation,” and it’s accelerating worldwide. In the U.S., a small box of Kleenex now ...

Monofrax Eyes Growth As Pair Recognized

Monofrax recently celebrated the recognition of two employees of its sales and marketing team. On May 5 at Salvatore’s in Buffalo, the Buffalo Niagara Sales and Marketing Executives held its Elite Sales and Marketing Awards Dinner. Matt Anderson, inside sales manager at the ...

Community Bank Names New Branch Manager

SHERMAN — Community Bank has promoted Terri Warner to branch manager at the Sherman and Ripley locations. In her new role overseeing both branches, Warner will be responsible for fostering customer relationships, driving mortgage activity and small business outreach. Warner specializes in ...