Retail

The grandson of the founders of the Cumberland Gulf Group has been named company CEO, the Framingham-based firm announced Friday.

Two mixed-use developments at western end of Shrewsbury could help it recapture its old retail magic.

Worcester-based Polar Beverages has entered into a new distribution partnership with the maker of energy drink Xenergy, the company, Las Vegas-based Xyience Xenergy, announced this week.

Outdoor retailer L.L. Bean will be reopening its Natick Mall pop-up shop June 30, the company announced Tuesday.

As its executive team faces shareholder challenges, Framingham-based retailer Staples today announced the opening of a development center in downtown Seattle.

TJX Cos. announced Monday that it plans to issue $750 million in notes to pay off previous financial obligations.

Shareholders at Staples voiced their displeasure with a new executive pay package Monday and called for an independent board chairman.

With Massachusetts seemingly ready to roll the dice, Plainville and the Interstate 495 south area are suddenly poised to become the state's de facto capital for Las Vegas-style gambling. When Penn National's Plainridge Park opens next spring, it will enjoy a gambling monopoly in Massachusetts that could last — at least in the eastern half of the state — for two or three years, local officials and gambling industry experts say.

Earnings improved for Framingham-based TJX Cos. in its first quarter, but revenue growth was weaker than expected.

Profit fell 43 percent at Staples in its first quarter as the Framingham-based office supply retailer struggles to complete with e-retailers.