Pier 1 Imports, the imported home furnishings retailer said up to 450 of its 942 stores are under consideration for closure, but it did not name specific locations. The Texas–based company operates Central Massachusetts stores in Bellingham, Framingham, Leominster, and Shrewsbury.
Keystone Real Estate LLC, a Pepperell entity managed Robert Stanieich and Anthony Serino, bought the 12,345-square-foot industrial property at 20 Lomar Park Drive in Pepperell for $1 million.
Faced with declining patient discharge numbers and seeing a chance to pare costs that didn’t directly affect patients, UMass Memorial Health Care leaders in Worcester made a tough financial choice to cut much of its executive ranks.
A former golfing center in Lancaster being developed into a solar energy site has been bought by a Maryland green energy investment firm for nearly $3.6 million.
While condo prices remain cheaper than single-family dwellings in most Central Massachusetts communities, rising condo prices can keep first-time homebuyers on the sidelines.
More retail stores are on the horizon, and their success will depend on being able to find enough shops to carve out a niche in an industry always increasingly dominated by Amazon and other giants.
AMSC announced $11 million in orders last week. The orders, from D-Var Statcom system which serves the renewable energy sector in the U.S. and Australia, are expected to provide voltage regulation by responding to varying load conditions while connecting wind power plants to the electric grid, the company said.