Developers withdraw Smiler's Wharf application

Architect Meg Lyons presents the designs for the proposed Smiler's Wharf development to a hearing with the Stonington Planning and Zoning Commission on June 17, 2019, at Stonington High School. An earlier meeting was postponed when turnout exceeded the capacity of the venue at Mystic Middle School. The developers are seeking to rezone 7.5-acres of Seaport Marine's 11-acre site off Washington St. from Marine Commercial to Neighborhood Development District.  (Sean D. Elliot/The Day)

The developers of the controversial Smiler's Wharf project announced Tuesday that they have withdrawn their application for a zone change and master plan approval.

Americana Furniture to close after 97 years in business

Jon Hendel stands in the showroom at Americana Furniture in Waterford Friday, July 12, 2019.  The family-owned business will close after 97 years.  (Sean D. Elliot/The Day)

President Jon Hendel said the going out of business sale will start July 25 and likely last for about 90 days,

Business Briefs

Business Briefs

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Retailers, shoppers brace for plastic bag tax ahead of ban

Ray Lathrop, left, store director for the Big Y in Groton, bags groceries Friday, July 12, 2019, using a customer's reusable shopping bag as Janet Smith, back, bags with single-use plastic for another customer. The chain will cease to offer single-use plastic bags effective Aug. 1.  (Sean D. Elliot/The Day)

Retailers are ramping up marketing efforts for reusable shopping bags as they brace for Thursday, Aug. 1, when the state kicks off a 10-cent tax on single-use plastic bags ahead of an outright ban in 2021.

The party's over

Brewery Bhavana in Raleigh, N.C., houses lines of taps at the bar, a lending library, a bookstore and a flower shop. (Katherine Frey/Washington Post)

We've just lived through the greatest period of restaurant growth in U.S. history. Here's why it's ending.

Bad news for world trade as Singapore slumps, China exports drop

Gantry cranes stand at the Tanjong Pagar Container Terminal in Singapore on June 4, 2018. (Nicky Loh/Bloomberg)

An unexpected contraction in Singapore's economy and a slump in China's exports sent a warning shot to the world economy as simmering trade tensions wilt business confidence and activity.