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The TJX Companies, Inc., headquartered in Framingham, said Thursday it had its profits drop from $700 million in the first quarter last year to a $887 million loss in the first quarter this year, as it was forced to close its stores worldwide in the
Sales at BJ's Wholesale Club doubled at one point early in the coronavirus pandemic as part of a rush of business to warehouse clubs, according to an industry tracker.
Almost half of small businesses in Worcester County have closed at least temporarily during the coronavirus pandemic, according to an analysis by a team of researchers led by Harvard University.
More than 20% of the Massachusetts workforce has applied for unemployment since the coronavirus crisis began in mid-March, particularly those employees in the hospitality, retail and healthcare sectors.
Central Massachusetts organizations making hires and promotions recently include Cornerstone Bank, Rollstone Bank & Trust, UMass Memorial Health Care and Covectra.
Central Massachusetts was already facing deep-rooted challenges with poverty. Add a pandemic forcing more than 800,000 Massachusetts residents to file for unemployment, and Central Massachusetts human services have been sent into overdrive.
Savvy Central Mass. social media managers all seem to report the same phenomenon, which is a business owner’s dream: post a product online and see it fly off the shelves.
A federal judge will temporarily lift a Gov. Charlie Baker executive order requiring firearm retailers to close their physical businesses during the COVID-19 state of emergency.
Neiman Marcus, which has a location in Natick, announced Thursday it has filed for Chapter 11 bankruptcy as the impacts of the coronavirus-stunted economy begin to materialize.
The owner of the Berlin restaurant where Chris Evans shot a movie scene faces charges for filing fraudulent coronavirus relief loan applications through the U.S. Small Business Administration.
The Walmart Supercenter at 25 Tobias Boland Way in Worcester reopened Tuesday, a week after it was shut down due to employees testing positive for COVID-19, a company spokesperson confirmed on Tuesday.
A planned purchase of Victoria's Secret by Staples owner Sycamore Partners is off, leaving the women's clothing brand to plan to operate as a standalone entity apart from Bath & Body Works.
Gov. Charlie Baker on Monday gave florists, as well as many other "non-essential" businesses, a green thumbs up to bring back a limited number of employees to fulfill online and phone orders for delivery, as long as they follow proper safety
During an interview for the WBJ Podcast, entreprenuer Amy Lynn Chase detailed how she is thinking about slowly reopening her businesses in Worcester and Hudson once the coronavirus shutdown of non-essential business in Massachusetts is lifted.
As Massachusetts state and business officials gather to establish the plan to re-open the economy perhaps by May 18, Worcester entrepreneur Amy Lynn Chase joins The Weekly Business Report podcast to detail her businesses' struggles since the
Worcester city officials ordered the Walmart Supercenter store at 25 Tobias Boland Way to be temporarily closed after 23 employees tested positive for coronavirus.