BUSINESS DIGEST ||

Santisi’s IGA to close

GIRARD

After 75 years in business, Santisi’s IGA Marketplace, 419 N. State St., will close later this fall.

The Santisi family said in a statement that the level of sales “is not sufficient to cover the cost of operating the store.” The family would not answer questions outside of a statement released Friday.

All of the employees at the store will lose their jobs.

An inventory liquidation sale will be scheduled before the closing.

New overtime laws

YOUNGSTOWN

On Dec. 1 the Department of Labor’s new overtime regulations go into effect.

To help area employers understand the impact of this change on their business, the Mahoning Valley Hospitality Alliance will have a free workshop, “Changes in Federal Overtime Standards: What it Means to Your Business,” from 6:30 to 8 p.m. Tuesday in the YSU Community Conference Room at the Covelli Center, 229 E. Front St.

Registration is requested for handout preparation. RSVP to info@mvha.org or 330-776-8425.

Holiday pet photos

BOARDMAN

Southern Park Mall, 7401 Market St., will offer pet photos with Santa from 6 to 8 p.m. Sunday.

Pet photos are hosted after regular mall hours and the set gets an extensive cleaning after the event to remove any potential risk to allergy sufferers.

Abercrombie off the mark in 3Q

NEW ALBANY

Abercrombie & Fitch’s plan to turn around its once-popular teen clothing brand failed to bring back shoppers to its stores.

The company said Friday that a key sales measure fell for the third straight quarter, that its profit plummeted 81 percent in the latest quarter and that it expects a rough holiday season for the Abercrombie brand.

Shares of Abercrombie & Fitch fell more than 13 percent by midday Friday.

Once a top shop for teens, Abercrombie has struggled to attract youngsters who are more likely to shop at cheaper fast-fashion chains such as H&M and Forever 21.

Office Depot probe sought

SEATTLE

Sen. Maria Cantwell is asking the Federal Trade Commission to investigate allegations that Office Depot is making people buy unneeded computer repair packages and software.

The Washington state Democrat sent a letter to FTC Chairwoman Edith Ramirez on Friday, saying the office-supply store offers free computer scans to customers to check for viruses and malware. Citing a report by KIRO-TV, Cantwell said Office Depot often tried to convince people to buy expensive repair services by telling them their computers had viruses or malware, even if the computers were new and unused.

Office Depot said in a statement that it “in no way condones” the behavior described in the media reports. It says it’s reviewing the allegations “and will take appropriate action.”

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1230.42-1.43

Aqua America, .71 29.55-0.06

Avalon Holdings,2.56-0.03

Community Health Sys. 5.78 0.29

Cortland Bancorp, .2816.50-0.53

Farmers Nat., .1612.050.10

First Energy, 1.44 31.40-0.56

Fifth/Third, .5225.680.25

FirstMerit Corp.,21.610.37

First Niles Financial, .129.000.00

FNB Corp., .4814.870.25

General Motors, 1.5233.00-0.42

General Electric, .9230.67-0.12

Huntington Bank, .28 12.500.27

iHeartMedia Inc.,1.280.06

JP Morgan Chase, 1.9277.71-0.31

Key Corp, .3417.010.01

LaFarge, .34-0.00

Macy’s, 1.51 43.03-0.02Parker Hannifin, 2.52 136.08-1.02

PNC, 2.20111.240.64

Simon Prop. Grp., 6.60180.830.15

Stoneridge 16.05-0.34

Chemical Bank, 23.34-0.36United Comm. Fin., .12 8.150.05

Selected prices from Friday’s 4 p.m. close.