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Retail

  • Legislators hit holiday weekend without budget, pot deals

    State House News Service July 3, 2017

    The House and Senate on Friday afternoon banged out of Beacon Hill for the holiday weekend, signaling that deals on a marijuana bill and a fiscal 2018 state budget are still out of reach.

    State House News Service July 3, 2017
  • Retailers push for sales tax ballot question

    State House News Service June 30, 2017

    The Retailers Association of Massachusetts on Thursday waded deeper into its exploration of a possible ballot question in 2018 to lower the state's sales tax.

    State House News Service June 30, 2017
  • Corner Spot pop-up space launches in Ashland

    June 29, 2017

    A new community gathering spot featuring public performance, retail, and pop-up business space was launched in Ashland on Wednesday.

    June 29, 2017
  • NYC equity firm to buy Staples for $7B

    June 28, 2017

    Staples will go private by December as New York City private equity firm Sycamore Partners announced Wednesday evening plans to purchase the Framingham office supply retailer for $6.9 billion.

    June 28, 2017
  • MBTA wants alcohol advertising revenue

    State House News Service June 27, 2017

    MBTA overseers plan to take a cautious first sip, rather than a big gulp, of advertising revenue from the booze industry.

    State House News Service June 27, 2017
  • Worcester picks $53M development for old courthouse

    Grant Welker June 26, 2017

    A $53-million project with 125 apartment units and retail has been chosen by the city to be built at the long-vacant Worcester County Courthouse.

    Grant Welker June 26, 2017
  • Keep beer distribution fair

    Bill Kelley June 26, 2017

    Distributors make investments to promote and market beers – only when beers succeed do distributors succeed. In 2016, Massachusetts ranked 12th in the United States in barrels of craft beer produced per year, and Massachusetts now has more than 100

    Bill Kelley June 26, 2017
  • Old Sturbridge Village wants to be weatherproof

    June 26, 2017

    Ten years into running Old Sturbridge Village, Jim Donahue has grown the 71-year-old museum's revenue to $14 million annually, launched a theatrical division, re-opened its hotel and – starting this fall – founded the Old Sturbridge Academy Charter

    June 26, 2017
  • Greendale Mall surviving amid store closures, more competition

    Grant Welker June 26, 2017

    As retailers across the country are expected to close thousands of locations this year, the Greendale Mall may need an unlikely rebound to avoid becoming another mall that couldn't make it through the online shopping trend.

    Grant Welker June 26, 2017
  • Worcester revitalization gets aggressive

    Grant Welker June 26, 2017

    The Worcester Redevelopment Authority is turning more proactive in helping to remake downtown and beyond, including what would be the first two properties taken as part of a sprawling revitalization plan.

    Grant Welker June 26, 2017
  • Equity firm in talks to buy Staples for $6 billion

    Laura Finaldi June 23, 2017

    Staples, Inc. could go private in a potential $6 billion acquisition by a private equity firm.

    Laura Finaldi June 23, 2017
  • Worcester Chamber supporting sales tax holiday

    Laura Finaldi June 22, 2017

    Massachusetts should hold a sales tax holiday this summer but reject a tax on sugary drinks, a Worcester Regional Chamber of Commerce official told the state legislature this week.

    Laura Finaldi June 22, 2017
  • Following breakage reports, Staples recalls mesh chairs

    June 21, 2017

    Staples, Inc. on Tuesday issued a voluntary recall of its hazen mesh task chairs, saying it received 20 reports of the legs breaking on the product.

    June 21, 2017
  • Sales tax holiday could happen this summer, Baker says

    State House News Service June 20, 2017

    A year after lawmakers decided that the state could not afford an August sales tax holiday, the topic is back before a key committee on Tuesday and Gov. Charlie Baker said he's keen to hear the testimony offered.

    State House News Service June 20, 2017
  • Tax rate, retail bans differ in dueling pot bills

    State House News Service June 19, 2017

    Neither branch has passed marijuana legislation yet, but all signs point to a conference committee eventually having to iron out details of the tax on marijuana sales, how a town can ban pot facilities and other issues, under the gun of a self-

    State House News Service June 19, 2017
  • Marijuana discussion pushed off till next week

    State House News Service June 15, 2017

    House leadership-backed legislation overhauling the marijuana law approved by voters last year came under fire from multiple sides Wednesday and by the end of the day, Speaker Robert DeLeo opted to push off Thursday's planned debate to next week.

    State House News Service June 15, 2017

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Today's Poll

As housing prices spike, do you raise your employees' compensation to ensure they can afford to live in Central Mass.?
Choices
Poll Description

In June, the median single-family home price in Worcester County rose by 2.6% to $513,000 while the median home price in Middlesex County climbed by 2.2% to a $905,000. These increased prices have not deterred buyers, as the counties saw a 10.8% and a 6.2% increase in transactions over-the-year from last June, respectively. 

Despite the increase in sales, Massachusetts is experiencing an unhealthy house-price-to-income ratio, with the typical home in Massachusetts costing six times the average annual household income, according to The Boston Globe.