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Retail

  • Staples loses $615M, to close 70 stores

    Grant Welker March 9, 2017

    Framingham office retailer Staples said Thursday it plans to close about 70 stores in North America this year after reporting a net loss of $615 million for 2016.

    Grant Welker March 9, 2017
  • Former karate plaza in Sturbridge sold for $750K

    March 8, 2017

    Fiske Hill Plaza, a small Strubridge commercial plaza that once housed a karate center, has sold for $750,000.

    March 8, 2017
  • 'Flawed premise' said to have led to state's insurance assessment

    State House News Service March 8, 2017

    The Baker administration's plan to levy heavy per-employee assessments on businesses that don't meet proposed health insurance requirements may have been based on a "flawed premise," according to an influential Beacon Hill think tank.

    State House News Service March 8, 2017
  • Worcester gives dessert shop $15K to move to Canal District

    Savannah Donohue March 6, 2017

    Worcester gave Millbury resident Renee King a $5,000 grant and $10,000 loan to realize her dessert expansion dreams.

    Savannah Donohue March 6, 2017
  • TJX grows as other retailers struggle or close

    Grant Welker March 6, 2017

    In a retail environment consistently squeezed by online sales, TJX has found just where it needs to be. It's an off-price retailer that doesn't need to compete for the latest fashions but instead offers surprises for shoppers.

    Grant Welker March 6, 2017
  • Worcester to get second Mass. Zoup! location

    February 28, 2017

    Worcester will get the second Massachusetts location of the soup, salads and sandwiches chain Zoup! when it opens on Main Street on Thursday.

    February 28, 2017
  • Wormtown growing beer distribution to Rhode Island

    Grant Welker February 28, 2017

    Wormtown Brewery will sell its beers outside Massachusetts for the first time in April when a Rhode Island distributor starts delivering the Worcester brews.

    Grant Welker February 28, 2017
  • Cumberland Farms employs 600 after $15M HQ upgrade

    February 24, 2017

    Westborough convenience store chain Cumberland Farms has reached 600 employees at its distribution center after a $15 million expansion.

    February 24, 2017
  • Senate president: 'Stay tuned' on potential sales tax holiday this summer

    February 23, 2017

    Senate President Stanley Rosenberg told businesses and shoppers "stay tuned" on potential for a sales tax holiday this summer.

    February 23, 2017
  • Total Wine & More opens on Route 9 in Shrewsbury

    February 23, 2017

    Total Wine & More has opened its third Massachusetts location at White City Shopping Center on Route 9 in Shrewsbury.

    February 23, 2017
  • TJX plans to add 1,800 new stores

    Grant Welker February 23, 2017

    TJX, the parent of T.J. Maxx, Marshalls and HomeGoods, could expand by 1,800 stores in the long term to about 5,600 locations.

    Grant Welker February 23, 2017
  • Six potential developers tour Worcester courthouse

    Grant Welker February 21, 2017

    Potential developers of the vacant Worcester County Courthouse are touring the building, a few months after a sale of the building fell through.

    Grant Welker February 21, 2017
  • Colosi builds E.T.&L. by never saying no

    Savannah Donohue February 20, 2017

    Jennie Lee Colosi runs the largest woman-owned company in Central Massachusetts, which is consistent with the company's history – E.T.& L. was founded by a husband and wife, with the wife owning more shares.

    Savannah Donohue February 20, 2017
  • Howard turned Shirley manufacturer into global firm

    Laura Finaldi February 20, 2017

    Under Steve Howard's leadership, Bemis Associates has grown from a single facility in Shirley to an adhesive maker with a global presence that collaborates with brands like Nike and Under Armour.

    Laura Finaldi February 20, 2017
  • Report: BJ's could be sold, or go public

    Grant Welker February 15, 2017

    The private equity firms that own Westborough retailer BJ's Wholesale Club are considering a sale or taking the company public, according to a report by the Wall Street Journal.

    Grant Welker February 15, 2017
  • Whole Foods to close 9 locations

    February 10, 2017

    Whole Foods, which will soon move its North Atlantic headquarters to Marlborough, is closing nine of its 400-plus stores, all in the Midwest, South and West.

    February 10, 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.?
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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. Despite the price increases, the counties saw 10.8% and a 6.2% increases in transactions over the year from June 2024. 

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.