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Retail

  • Canal District parking lot to become $20M development

    Laura Finaldi June 14, 2017

    The vacant dirt lot in Kelley Square, which has largely served as a parking lot for Crompton Place in the Canal District, will become a four-story building with 48 apartments, a diner and a public market in late 2018, according to the property owner.

    Laura Finaldi June 14, 2017
  • Bill calls for 28% marijuana tax

    State House News Service June 14, 2017

    A key House committee that for months has been vetting the marijuana legalization ballot law will propose to more than double the tax rate on the sale of pot in Massachusetts from what was approved by voters in 2016.

    State House News Service June 14, 2017
  • Worcester starting eminent domain process to seize restaurant, cell phone store

    Grant Welker June 14, 2017

    The Worcester Redevelopment Authority is moving toward taking two properties valued at more than $500,000 as the first step of a sprawling revitalization effort, planning to use eminent domain if necessary.

    Grant Welker June 14, 2017
  • Reliant moving into Auburn Mall space once slated for theater

    Grant Welker June 13, 2017

    Reliant Medical Group plans to move into the former Macy's home goods store at the Auburn Mall by next summer, taking up a large vacancy at the mall after plans for a movie theater fell through.

    Grant Welker June 13, 2017
  • NYC firm spends $20M to create modern Milford shopping plaza

    Grant Welker June 12, 2017

    New York City property manager RD Management is remaking the old Kmart as a Stop & Shop grocery store and has plans to expand a second building and add a third, creating a total of 15 retail spaces in what is now called Milford Crossing.

    Grant Welker June 12, 2017
  • Create better retail spaces

    June 12, 2017

    The days of people shopping for certain goods in physical locations may be on the way out, but smart developers still can attract a robust retail customer base.

    June 12, 2017
  • TJX shareholders shoot down diversity measures

    Laura Finaldi June 12, 2017

    Roughly 15 percent of TJX shareholders voted to approve a proposal for setting policies and goals centered around erasing compensation gaps.

    Laura Finaldi June 12, 2017
  • TJX rises, Staples falls on Fortune 500 list

    Grant Welker June 8, 2017

    TJX and Boston Scientific both moved up and Staples fell on the new Fortune 500 list released Wednesday.

    Grant Welker June 8, 2017
  • Starbucks leases space in Milford Crossing

    June 6, 2017

    Starbucks is coming to Milford Crossing.

    June 6, 2017
  • BJ's starting B2B sales division

    Grant Welker June 1, 2017

    BJ's Wholesale Club is launching a new business-to-business sales division to offer bulk pricing, coordination of multiple truck or container orders, and special ordering and pick-up.

    Grant Welker June 1, 2017
  • Staples partners on new office collection

    June 1, 2017

    Office supply retailer Staples is collaborating with a design company for a new 40-piece line of office products including planners, pens, storage containers and staplers.

    June 1, 2017
  • TJX shareholders to vote on diversity, pay equity report

    Laura Finaldi June 1, 2017

    Shareholders of the TJX Cos. in Framingham will decide if diversity among senior executives will be considered as a CEO performance measure and whether or not to produce a pay equity report.

    Laura Finaldi June 1, 2017
  • BJ's announces new technology hires

    May 31, 2017

    BJ's Wholesale Club in Westborough added two digitally-focused executives to its management team, the company announced Tuesday.

    May 31, 2017
  • Spencer monks releasing beer three years in the making

    May 30, 2017

    The Spencer Brewery this week is making available for public tasting its a new beer it took three years to develop, a Trappist quadrupel in the Belgian tradition, in May.

    May 30, 2017
  • Total Wine wants alcohol sale laws modernized

    May 30, 2017

    National alcohol retailer Total Wine & More, which opened a store in Shrewsbury in February, is launching a campaign it hopes will lead to changes in Massachusetts' liquor sale laws.

    May 30, 2017
  • New stop opening Monday on Framingham/Worcester line

    Grant Welker May 18, 2017

    A new commuter rail stop will open Monday on the Framingham/Worcester line, meaning many morning trains heading into Boston will be leaving at slightly different times.

    Grant Welker May 18, 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.