Retail

Despite falling prices and increasing competition, marijuana business officials across the state, and particularly in Central Massachusetts, still see the cannabis market as primed for opportunity, with operators having to be smarter about the way they operate their marijuana businesses.

The former headquarters of BJ’s Wholesale Club at 25 Research Drive in Westborough was sold on Friday for $32 million, a few months after a redevelopment plan was approved for the site.

Lowell-based grocery store chain Market Basket will open its new Shrewsbury location on Friday, Jan. 13.

The minimum wage for workers in Massachusetts will hit a new high on Sunday, when it rises to $15 an hour and $6.75 per hour for tipped service workers, provided their tips bring them up to at least $15 per hour. 

In December 2022, the WBJ Editorial staff made 10 predictions of what this year’s headlines would bring. They were bold, and they were mostly wrong. We got three right. Here are our predictions and what actually happened.

Daniel Yarnie, co-owner of Northborough real estate development company Polar Views, LLC, purchased a former Cornerstone Bank branch in Oxford for $750,000.

A retail plaza in Millbury was purchased by Ring City LLC of Westborough for $1.2 million on Dec. 7.

Framingham-based Topo Athletic has been acquired by Designer Brands Inc., which owns and operates Designer Shoe Warehouse (DSW) and The Shoe Company brands as well as a portfolio of designer brands

AKROS Development owner Zachary Kiritsy purchased the former site of Fairway Beef in Worcester for $900,000.

Massachusetts stands to receive $230 million under agreements reached with CVS and Walgreens resolving allegations that the companies contributed to the opioid crisis by failing to properly oversee the dispensing of opioids at their stores.