text/html; charset=utf-8


The latest Central Massachusetts business news
Go here to view as a web page

Share Update Preferences

Friday, January 26, 2018

WSJ: Staples CEO Goodman leaving today

Shira Goodman will depart today as CEO of Framingham office retailer Staples, less than a year after the company went private following its $7-billion acquisition by New York-based Sycamore Partners, according to a Friday morning report by the Wall Street Journal.

Grocery shopping can be a mundane experience, a get-in-and-get-out exercise not exactly stirring up passion.
Then there's Whole Foods Market and Market Basket.

Berkhshire Hills Bancorp, Inc grew its pre-tax income by 82 percent in the fourth quarter, primarily due to the $230-million merger with Worcester-based Commerce Bancshares Corp.

Mount Carmel group claims to have viable preservation option

As the Worcester property is being actively marketed for development, the Mount Carmel Preservation Society said it now has a viable -- but undisclosed -- option to preserve the building.

Framingham mill slated for renovation sells for $3.75M

The Bancroft Building, a mill building on a Framingham site slated for 258 units of housing, has sold for $3.75 million.

Hopkinton solar company Solect Energy is expecting a sudden stop in growth — or even a drop — after a new tariff on solar-panel imports was announced this week.

Mass Development has awarded $100,000 in matching manufacturing career grants to 12 Massachusetts partnerships, including three in Central Mass. receiving $28,000 total.

Like us on Facebook for our latest business news

Regional Roundup

Downtown Marlborough nearing revitalization (MetroWest Daily News)

Consigli Construction targets younger generation for careers (Milford Daily News)

Plaza business owners hurting after shutdown (Telegram & Gazette)

Bankrupt Zoots will reopen briefly to so customers can pickup clothing (Boston Globe)

Week in review

Worcester County home sales grow 2.6% while state drops

Single-family Worcester County home sales grew by 2.6 percent last month compared to December 2016, while statewide sales in Massachusetts fell 6.6 percent, according to Boston-based real estate tracking firm The Warren Group.

Boston Scientific could buy Calif. firm for $540M

Marlborough medical device maker Boston Scientific announced Wednesday an agreement with Santa Rosa-based Millipede, Inc. to potentially acquire the California firm for $540 million.

R.I. House speaker: PawSox bill dead

Speaking on a Rhode Island talk show, Rhode Island House Speaker Nicholas Mattiello said the House will not vote on the Senate version of the $83-million stadium deal for the Pawtucket Red Sox as the team continues to talk with Worcester officials about relocating to the city.

Most Read

The 20 most developable sites in Central Mass.

Auburn business owner is chamber's third female chair

Boston Scientific's new opioid alternative

Report: $15 minimum wage impacts 40% of Worcester workers

Former Worcester pickle factory sold for $425K

Auburn multi-tenant building sold for $1.6 million

Two of the grocery industry's unique brands are about to settle in Central Massachusetts

Waters Corp. forms scientific research partnership

Trucking company purchases 6.4 Worcester acres for $1.9M

You are receiving this email because you are subscribed to the Daily Report at WBJournal.com.

Click here to unsubscribe

Know a friend or colleague who would like to subscribe?

New subscribers can sign up here

Worcester Business Journal
172 Shrewsbury Street
Worcester MA, 01604