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Thu. May. 03, 2012 Microsoft to open store in Pru Microsoft Corp. said Thursday it will open a store in The Shops at Prudential Center in Boston, as it tries to catch up with rival Apple Inc. in establishing a closer retail presences with consumers. The Pru store will be its first in Massachusetts, and will feature personal computers running the company’s Windows 7 software, smartphones on its Windows Phone 7 software, and Microsoft’s Xbox 360 videogame console. The store will included a section devoted to small business users.	Advertisement
TJX gets another tax break to expand in Framingham Retail giant TJX Cos. secured its second major property tax break in two months Wednesday night after agreeing to keep its headquarters in Framingham, where it will spend $143 million on an expansion.
High Liner Foods plans to close Danvers plant that employs 160 people High Liner Foods Inc. plans to close a plant in Danvers that employs more than 160 people early next year. The plant coats and batters fish for the food-service industry. Nova Scotia-based High Liner Foods is also looking to close another plant in Canada. The company said it is “consolidating its North American supply chain as a result of overcapacity at several plants and the acquisition of a more modern plant in Newport News, Virginia.”
Steven Tyler pitches chicken for Burger King Steven Tyler is seemingly no slouch at multi-tasking. When not crooning for Aerosmith or judging on “American Idol,” he can now be seen pitching Crispy Chicken Strips in a new Burger King TV ad. The ad would have you believe he’s working the drive-through window at a Burger King near you. For female customers, it’s a case of hyperventilating only painfully restrained. Swoonings aside, the BK manager is so discomfited by the rock star’s unkempt mane that he bellows: “You need to get a hair-net, Tyler!”
TJX: Same-store sales rose 6% in April TJX Cos., the Framingham-based retailer that operates such off-price chains as T.J. Maxx, Marshalls, and HomeGoods, said Thursday that its same-store sales rose 6 percent in April when compared to April 2011. Same-store sales, which are sales at stores open at least a year, are regarded as a key metric of a retailer’s performance. TJX said it now expects first-quarter earnings per share to be about $.54 and full year fiscal 2013 EPS to be in the range of $2.26-$2.36.
Mass. schools get $778k from Stop & Shop’s A+School Rewards program The Stop & Shop Supermarket Co. said that Massachusetts schools received more than $778,000 through the chain’s A+School Rewards Program. The program enables schools to earn cash for scholarships, technology, sports equipment, field trips, and other educational needs. Customers who use Stop & Shop cards when making purchases designate a school of their choice. Then points accrue to that school based on those purchases.
First Wind marks milestone for its wind project in Washington state First Wind, a Boston-based wind energy company, has just marked the start of major construction on its first wind project in Washington state. The Palouse Wind project, located in Whitman County, will include the installation of 58 Vestas 1.8 mega-watt turbines. “Once complete, the Palouse Wind project will be the largest renewable energy facility in the county with the capacity to generate enough clean energy to power about 30,000 Northwest homes,” First Wind said.
Secretary of State William Galvin: RBC Capital Markets agrees to repay Mass. investors up to $2.9m RBC Capital Markets has agreed to repay Massachusetts investors up to $2.9 million, plus a $250,000 fine, in a settlement with Secretary of State William F. Galvin. New York-based RBC, a unit of the Royal Bank of Canada, allegedly sold commonwealth investors a complex type of exchange-traded funds that used leverage and “inverse leverage.” These instruments look to provide returns that are linked to the daily performance of certain market indexes.
CVS Caremark 1Q profit jumps 9 percent CVS Caremark Corp. gained millions of new prescriptions in the first quarter due to a contract impasse between two rivals, and now the drugstore chain wants to keep the growth going by ensuring that those customers stick around and use the rest of its store. The Woonsocket, R.I., company said Wednesday its first-quarter earnings climbed 9 percent, and it raised its profit forecast for 2012 because the end of a contract between Walgreen Co. and Express Scripts Inc. prompted Walgreen customers to migrate to CVS stores.
Minuteman Senior Services is relocating to Crosby Corporate Center in Bedford Minuteman Senior Services will relocate its corporate headquarters from Burlington to the Crosby Corporate Center office park in Bedford this summer, said a real estate broker involved in the lease transaction. The broker is the Boston office of Colliers International, which represented Minuteman during lease negotiations. Minuteman is a nonprofit organization that helps seniors, disabled adults, and families find solutions for long-term care. The landlord of Crosby Corporate Center is RREEF Real Estate.
Arnold wins ad business of American Eagle Outfitters Arnold Worldwide said it has been selected to be the global global agency of record for American Eagle Outfitters Inc., which sells clothing to young consumers under such brand names as American Eagle Outfitters, Aerie, and 77kids. Arnold said the account will be managed out of its Boston headquarters. MediaCom will handle media planning and buying for the ads that Arnold creates for American Eagle. Arnold’s press release did not disclose billings for the account.
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