Retail

The more than 30-acre Twin City Shopping Center off of Route 2 on the Fitchburg-Leominster border has been sold to a Boston investment firm for $24 million.

Middleborough-based Christmas Tree Shops may be preparing to declare chapter 11 bankruptcy, according to reporting from The Wall Street Journal.

The BJ’s Wholesale Club Holdings board of directors named president & CEO Bob Eddy as chairman of the board effective June 15.

The Herb Chambers Cos. has opened a Lincoln dealership at the former location of Herb Chambers Nissan at 75 Otis St. in Westborough.

Centage, a Framingham-based financial planning and analysis software company, was acquired by Scaleworks, a San-Antonio venture equity firm. Tech veteran Peter Messana will replace John Murdock as president & CEO.

As downtown revitalization efforts in Fitchburg are beginning to materialize, two pairs of local business owners opened new restaurants on Main Street in March and April.

With national retailer Bed Bath & Beyond declaring bankruptcy on Sunday, the owners of shopping plazas may have a challenge in filling the large spaces left empty.

A corner retail property at 169 Shrewsbury St. in Worcester was sold at the end of March for $975,000.

The Kane Building once housed the Olympic Trophy, now it may be home to 20 new apartment units and a restored façade if The Menkiti Group gets approval from the Worcester Planning Board.

A Springfield developer is proposing a new 2,398-square-foot Starbucks store at 105-117 Stafford St. in Worcester with a drive through, which could be the seventh location in the city for the Seattle-based coffee chain.