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Retail

  • Two new Patrick dealerships open in Worcester

    May 17, 2017

    The Patrick Family has purchased the former Gallo Mazda and Volvo dealerships in Worcester.

    May 17, 2017
  • TJX profit grew 5% in first quarter

    May 16, 2017

    Shares were down 4 percent Tuesday morning after the TJX Companies, Inc. reported steady sales of $7.8 billion in its first quarter and net income growth of just over 5 percent.

    May 16, 2017
  • Asian Supermarkets expands into Worcester

    May 16, 2017

    Asian Supermarkets, LLC, a Malden-based grocery store, is opening its second location in Worcester.

    May 16, 2017
  • Sales drop, profits grow at Staples amid restructuring

    May 16, 2017

    Shares of Staples, Inc.'s stock were trading down 5 percent Tuesday morning after the company announced a 5-percent drop in sales and net income growth of $45 million.

    May 16, 2017
  • Cumberland Farms joins healthy food challenge

    May 12, 2017

    Cumberland Farms will promote healthy foods in its stores as part of a new partnership with a nonprofit focused on healthier eating.

    May 12, 2017
  • Staples launches fourth-ever branding campaign

    May 3, 2017

    Staples Inc. has launched a new marketing campaign centered around work ethic, the company's fourth branding campaign in its 31-year history.

    May 3, 2017
  • Leaders discuss marijuana regulation

    State House News Service May 2, 2017

    House Speaker Robert DeLeo on Monday suggested a new approach state officials could take in regulating the new legal marijuana industry in Massachusetts.

    State House News Service May 2, 2017
  • Goldberg: marijuana taxes should be at least 15%

    State House News Service April 24, 2017

    Massachusetts should raise its taxes on marijuana to 15 percent "at a minimum," according to Treasurer Deborah Goldberg.

    State House News Service April 24, 2017
  • Worcester businessman pleads guilty to evading tobacco taxes

    Laura Finaldi April 21, 2017

    A Worcester businessman plead guilty to charges he defrauded the commonwealth of excise taxes on tobacco products and submitted false tax returns.

    Laura Finaldi April 21, 2017
  • Music repair store opens in Worcester

    April 14, 2017

    A new musical instrument and electronics repair store opened on Chandler Street this past week.

    April 14, 2017
  • Worcester neighborhoods, others found lacking grocery access

    State House News Service April 13, 2017

    Chelsea and Springfield top a new list of cities with the highest percentage of low-income residents lacking access to grocery stores, a problem most acute in rural areas and gateway cities.

    State House News Service April 13, 2017
  • Central Mass., MetroWest Bob's, EMS shops could close

    April 12, 2017

    Bob's Stores locations in Framingham and Franklin, and an Eastern Mountain Sports location in Northborough are slated to close as part of their parent company's bankruptcy filing.

    April 12, 2017
  • Outdoor sports park to open in Charlton

    April 12, 2017

    An outdoor sports park in Charlton for all-terrain vehicles, trucks, motorbikes, climbing, snowmobiles, slacklining and a range of other activities will open April 22.

    April 12, 2017
  • Senate president against potential sales tax cut

    State House News Service April 5, 2017

    Senate President Stanley Rosenberg implored the business community not to pursue a cut in the state sales tax on the 2018 ballot, arguing that it would further compromise the state's fiscal health.

    State House News Service April 5, 2017
  • Staples could go private in turnaround attempt

    Grant Welker April 5, 2017

    Framingham office-supply retailer Staples is exploring a potential sale, according to a Wall Street Journal report Tuesday, in what would be the latest in its years-long turnaround attempt.

    Grant Welker April 5, 2017
  • Movers & Shakers

    April 3, 2017

    Central Massachusetts professionals joined and were promoted at firms like Becker College, Abby's House, UniBank, Commerce Bank and Webster Five Cents Savings Bank.

    April 3, 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.