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For nearly a year, two vacant restaurants on Shrewsbury Street and Water Street offered a prime opportunity for a restaurateur to come in and seize on the momentum of Worcesters culinary scene.
Today, companies are all about collaboration. Working groups and corporate cohorts are as much a part of our modern lexicon in professional environments as words like meetings and cubicles were years ago.
Consumers are ditching soda in droves, and overwhelmingly are turning instead to seltzer, where Polar Beverages has long been a mainstay, especially in New England.
The median income for a Worcester household fell by 5.6 percent last year to $41,561, according to Census data released this month.
Every business has key individuals who are important to the company's success.
This new and complex law, which took effect Oct. 1, permits the continued use of such non-compete agreements in limited circumstances, but imposes safeguards to help level the playing field and eliminate problematic issues.
It may not be Manhattan or even Brooklyn, but Worcester's restaurant scene certainly keeps me satisfied.
Balancing costs and payroll in the restaurant industry already with a low-profit margin is now going to be more difficult with wages for restaurant employees increasing over the next five years.
In the last decade, Central Massachusetts has become a hot spot for creative restaurateurs, brewers and distillers growing their locally owned establishments. Who knew that's where we'd find a niche that's really building the region's brand.
Millennials are the largest share of the workforce and by 2025, Millennials will be 75 percent of workers.
More than one year has passed since Gov. Maura Healey was sworn in as the 73rd governor of Massachusetts. Since then, Healey has spoken extensively about her commitment to attracting, retaining, and growing business in the state. To accomplish that goal, Healey and her administration have proposed and enacted several initiatives, including granting Central Massachusetts manufacturing businesses $600,000, allocating $458,000 to businesses training the disabled workforce, and most notably, filing the $3.5-billion Mass Leads Act aimed at bolstering the state’s life sciences, climatetech, and applied artificial intelligence industries.
At the same time, the Central Massachusetts Business Confidence Index dropped to 45.9 in April, the second lowest score in the index's history, reflecting declined views regarding the region's economic outlook.
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SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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