Framingham office supply retailer Staples, Inc. announced on Wednesday its CEO, Alexander “Sandy” Douglas would be stepping down as the company’s CEO, with an interim CEO taking the helm effective Friday.
After the coronavirus pandemic forced changes to work life – particularly an increase in remote work and a decrease in the need for office space – the results of this survey seem to suggest businesses are reverting to their traditional thinking.
Despite the rough past 16 months and the pandemic’s continued impact on the economy, local forecasters are optimistic about the short- and long-term future of the Central Massachusetts business community, especially as statewide restrictions have been lifted and vaccination rates rise.
Nicholas Lazzaro, a student at the College of the Holy Cross in Worcester, founded his own automobile service business, Nick's On-Site Detailing, in order to put himself through college.
Brian Treitman is worried the rising cost of meat – made worse by an industry ransomware attack this week – is going to put a sustained strain on his two popular BBQ restaurants: B.T.’s Smokehouse in Sturbridge and B.T.’s Fried Chicken and BBQ in Worcester.
BJ’s Wholesale Club in Westborough reported its first quarter of 2021 numbers on Thursdsy morning with slight increases in sales and adjusted earnings per share, but due to the ongoing uncertainty caused by the COVID-19 pandemic, declined to give any forecast for 2021.
Framingham’s TJX Cos. reported a turnaround in the first quarter of the 2022 fiscal year, with a 129% increase in net sales to $10.1 billion, but the company’s stock was still down amid ongoing store closures.