Fri. Nov. 25, 2011 Black Friday Shoppers Spending ’About Same’ as 2010
Molly Jones, a 31-year-old mother of two from Cincinnati, didn’t have a job a year ago, forcing her to cut back on holiday shopping. That has changed after recently being hired by an insurance company. From Mall of America in Bloomington, Minnesota, to The Galleria in Houston, retailers unleashed a blizzard of deals as Black Friday got off to its earliest start ever. The discounting has been more widespread than last year as retailers tried to woo shoppers. Shoppers tell why they braved Black Friday lines
For some, Black Friday represents the thrill of the chase, for others, like Joyce Dailey, who drove here from Hyde Park in predawn darkness, the deep discounts are a lifeline. Shoppers flock to stores early to reap bargains
Retailers around the country hoped to entice customers with deep discounts and earlier than usual sales this Black Friday, the traditional kick off of holiday shopping. With long lines at big box stores like Best Buy in the Boston area and around the country, it appears that the strategy may pay off. Nikon to use collaborative design platform with Bay State connection
Nikon Corp., a Japanese company known for cameras and optical products, plans to use a collaborative design called Enovia, which has a Massachusetts connection. Enovia was developed by Dassault Systèmes, a French company focused on software products for global product lifecycle management. Dassault Systèmes has considerable operations in the Bay State, and its Massachusetts team did much of the work on Enovia, which will help Nikon reduce the number of mockup models that need to be built in the course of developing its products. Yankee Group report: Tablets and e-readers will be popular holiday gifts
A new report from Yankee Group concludes that tablets and e-readers will be popular gifts this holiday season despite the tough economy. Mobile devices have moved close to the top of a top 10 list of most wanted consumer-electronics items that the Boston-based research firm has put together. Last holiday season, consumers craved HDTVs and game consoles. Those items have slipped several rungs down on this year’s top 10 list. Radius closes $27.7m tranche of previously announced financing
Cambridge-based Radius Health Inc. said it has closed the second of its three-tranche $91 million financing round, which was first announced in May. The $27.65 million second tranche included $21.4 million in equity financing from Radius’ current investors and $6.25 million in debt financing from GE Capital, Healthcare Financial Services, and Oxford Finance LLC. Plans call for the proceeds to be used for advancing the development of a bone-building drug candidate that seeks to treat osteoporosis. Boston Scientific gains approval for new version of heart stent
Boston Scientific Corp. said it gained US approval for a new version of its drug-coated heart stent, a product the company will manufacture itself rather than licensing from a competitor. Boston Scientific, the second-biggest heart-device maker by revenue, will begin selling the Promus Element stent system immediately, the Natick-based company said today in a statement. “This approval marks an important milestone for Boston Scientific,” chief executive Hank Kucheman said. Shire seeks US, EU approval of Mass. facility
Irish drugmaker Shire PLC has filed an application with US and European regulators to produce its Gaucher disease drug at a new manufacturing site in Massachusetts, saying the move will give it flexibility to meet global demand for treatments of rare diseases. Sam Adams plans post-Black Friday shopping event
The folks at Sam Adams beer are planning a “holiday marketplace” for Saturday, the day after Black Friday. The event, at the company’s Boston brewery, features specialty sausages, jams, caramels, and homemade breads made by small start-ups in the local food and beverage industry. Sam Adams has a program that helps such start-ups with microloans and other assistance. The event is scheduled to run from 10 a.m. until 2 p.m. at the company’s brewery at 30 Germania St. MassHousing awards $300k for sober housing
MassHousing, the state’s affordable housing bank, said it has awarded $300,000 in financing to help create or preserve affordable sober housing in Brockton, Lowell, Springfield, and Worcester. The grants will come from the Center for Community Recovery Innovations Inc., a nonprofit subsidiary of MassHousing. Among grant recipients are the EMH Recovery Graduate House in Brockton and the Lowell House in Lowell. Also receiving grants are the Puerto Rican Veterans Association of Massachusetts in Springfield and Community Healthlink Inc. in Worcester. Zappos.com to pay Turnpike tolls at Allston/Brighton tomorrow evening
Online retailer Zappos.com is planning to give local travelers an early holiday gift. Between the hours of 5 p.m. and 7 p.m. tomorrow, the company has agreed to pay the tolls for all motorists using the Allston/Brighton Toll Complex on the Massachusetts Turnpike. Normally, the toll is $1.25 for those paying cash. Zappos.com may be best known for its apparel and footwear. | 
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