Business & Tech

Imminent Biotech Layoffs + Popular Retailer Closing MA Stores + National Burger Chain Expands: MA Business

Plus, a longtime Boston-based company is investing $1 billion into its headquarters.

MASSACHUSETTS — From a national retailer closing its stores to layoffs at a biotech company, it's been a busy week in Massachusetts business news.

Check out the video below to watch this week's Patch food and business roundup.

@jessie_castellano Here are five MA business headlines you should know this week 💼 Read more at patch.com/subscribe ♬ original sound - Jessie

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Find out what's happening in Across Massachusettsfor free with the latest updates from Patch.

Bankrupt national retailer to close MA stores

Eddie Bauer, the well-known national retailer, could not find a buyer after declaring bankruptcy last month and is attempting to shutter more than 170 locations, including its four Massachusetts stores.

Find out what's happening in Across Massachusettsfor free with the latest updates from Patch.

In Massachusetts, Eddie Bauer locations are in Burlington, Lee, Lynnfield and Wrentham.

New businesses opening at The Shops at Blackstone Valley

The Shops at Blackstone Valley in Millbury unveiled plans for nearly 35,000 square feet of new retail space that's currently under development. The two new centrally located buildings will add about 10 new businesses to the outdoor mall.

Some businesses already announced for the space are the national burger chain Shake Shack, the popular salad bowl spot Sweetgreen and LaserAway, a medspa chain specializing in treatments, like laser hair removal, facials and Botox.

Layoffs could be coming to this Metrowest company

A biotech company with a footprint in Framingham plans to shut down the facility, according to a regulatory filing. Boston Business Journal reported Germany-based Evotec will close four sites, including a 30,000-square-foot lab and office space at 200 Staples Drive.

It’s not yet clear how many local employees could be affected.

Gillette to invest $1B into its Massachusetts headquarters

Procter & Gamble Gillette announced it plans to purchase 232 A St. in South Boston as the future home of its new Grooming Headquarters and Technical Innovation Center. The location is right next to its current 31-acre campus.

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