This weeks news, features, events and economic trends in MetroWest and along the heart of the I-495 corridor

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Metrowest 495

Staples reportedly may spin off stores to Office Depot

Staples is in talks to spin off all of its retain locations to its office-supply rival Office Depot, The New York Post reported Monday, citing anonymous sources.

ReWalk's revenue more than doubles

Revenue for Marlborough's ReWalk Robotics more than doubled in the second quarter on new orders for the company's walking-aid systems.

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HomeGoods, T.J. Maxx to switch plazas in Milford

HomeGoods and T.J. Maxx are switching plazas in Milford, leaving the Quarry Square Shopping Center in favor of the new Milford Crossing.

MetroWest office, industrial markets strong

The market for MetroWest office, industrial and manufacturing space remained strong in the second quarter, according to a new report.

Sharp profit drop for drug-testing firm Psychemedics

Psychemedics, an Acton drug-testing company, had flat revenue growth in the second quarter and saw profits fall by nearly half.

Cognex posts record $173M quarterly revenue

Natick-based Cognex Corp. reported a new revenue high and a 30-percent increase in net income over 2016 in the second quarter.

Calendar

Wednesday, Aug. 09

Women's Business Meet Up

Presented by: Assabet Valley Chamber of Commerce

11:45 a.m.-1:00 p.m.

New City Microcreamery, Hudson

Wednesday, Aug. 16

Business After Hours at Salt & Light Cafe & Bistro

Presented by: Nashoba Valley Chamber of Commerce

5:30 p.m.-7:30 p.m.

Salt & Light Cafe & Bistro, Groton

Monday, Aug. 21

NVCoC Golf Tournament

Presented by: Nashoba Valley Chamber of Commerce

1:00 p.m.-7:00 p.m.

Shaker Hills Country Club, Harvard

Go here for more information

People on the move

Stephanie King is the new learning and development project manager at The Training Associates Corp. in Westborough. King is responsible for managing clients’ learning and development projects.

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