Plans for remaking the Greendale Mall site in Worcester have changed dramatically. Now, the mall's owner wants to demolish the largely vacant mall in order to build a warehouse and distribution center for a tenant that appears to be Amazon.
TJX Cos. has for years been an exception to the typical struggle of brick-and-mortar retailers, with what it pitches as a treasure hunt-like experience. Now, though, the Framingham retailer is making a new move online.
A sprawling planned Amazon distribution warehouse site in Milford has sold for nearly $53 million, months after the online retail giant signed a lease agreement for the property.
Framingham retail store parent company TJX Cos., Inc. reported $867 million in net income during the company’s third quarter, which ended on Oct. 31, according to an earnings report released Wednesday.
Roy Nascimento, CEO and president of the North Central Massachusetts Chamber of Commerce, joins The Weekly Business Report to discuss the results of the chamber's survey showing in-depth how the coronavirus pandemic is impacting the business communities in Leominster, Fitchburg and the rest of North Worcester County.
The DCU Center in Worcester will again be used as a coronavirus field hospital, meaning one of the facility's retail tenants, retailer Worcester Wares, has to make way.
From the high-end Natick Mall to Solomon Pond Mall to the Mall at Whitney Field and elsewhere, retail plazas already struggling with closing chains are now facing an even more uncertain future because of the pandemic.
Amazon is building a 320,000-square-foot distribution warehouse at a former bottling facility in Milford, and growing operations at a second such site in town with expanded worker parking.