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Framingham

MassHousing awards $202K to Central Mass. sober housing

Three Central Mass. sober housing groups received a cumulative $201,675 from the Center for Community Recovery Innovations, Inc., a nonprofit subsidiary of MassHousing, the government agency announced on Wednesday.

Framingham Sheraton castle going on auction block

The Framingham Sheraton, a landmark known for its castle-like facade just off the Massachusetts Turnpike, is headed to auction next month.

TJX launching rare online sales component with HomeGoods

TJX Cos. has for years been an exception to the typical struggle of brick-and-mortar retailers, with what it pitches as a treasure hunt-like experience. Now, though, the Framingham retailer is making a new move online.

TJX reports $867M in profits during Q3

Framingham retail store parent company TJX Cos., Inc. reported $867 million in net income during the company’s third quarter, which ended on Oct. 31, according to an earnings report released Wednesday.
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Bartholomew & Co. opens Framingham office

Financial planning company Bartholomew & Company, which maintains offices in Worcester, Chatham and Bedford, is opening an office in Framingham, the company announced on Tuesday.

Framingham biotech raises $1.1M from shareholders

Framingham biotech company Arch Therapeutics has raised $1.1 million from long-term shareholders, the company announced on Tuesday.

🔒State college enrollment sinks amid pandemic concerns

Colleges in New England were already on the lookout for an expected drop in high school-age graduates locally, and struggling in some cases to balance high costs with keeping education affordable for students.

🔒Restaurant revenue plunged 33% during six months of the pandemic

Restaurants are bringing in far less money for food and drink during the coronavirus pandemic – and it’s showing both the hit the industry has taken this year as well as the financial toll declining tax revenue will have on cities and towns.
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🔒Malls stare down pandemic, increased vacancies

From the high-end Natick Mall to Solomon Pond Mall to the Mall at Whitney Field and elsewhere, retail plazas already struggling with closing chains are now facing an even more uncertain future because of the pandemic.

Sanofi’s Framingham facility named best overall pharmaceutical facility

Framingham drug developer Sanofi’s new facility has received acclaim for its design, construction and operation from the International Society for Pharmaceutical Engineering.
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