Staples To Close 40 Stores in 2013

The Framingham-based company's quarterly profit fell 9.2% amid soft demand for computers in North America and weak international sales.

  Framingham-based Staples plans to close 40 stores in 2013, reported the Boston Business Journal. Burlington has a Staples store on Middlesex Turnpike. During a call with analysts, Staples reported quarterly profits fell 9.2% amid soft demand for computers in North America and weak international sales. Staples, headquartered in Framingham, started 2013 with 1,886 stores in the United States and Canada. Staples, the largest office-supply chain in the U.S., has sought to trim costs by cutting jobs in Europe and reduce its North American retail space, reported the Wall Street Journal. "I think when I look at our two biggest challenges, we've got to get the top line growing again and I think we've got to improve our results in international…

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Rate This Business: True North Coffee

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What Business Would You Open in Burlington?

If you could open one kind of business in town, what would you do?

  Assume money was no object and the only limit your imagination: what kind of business would you love to run in Burlington?  It could be a store you feel would perform well in the city, or a business that would provide a much-needed service. Would you love to have your own bar? A coffee shop? Maybe there's something off-the-wall you've seen work really well in another community.  Whatever it is, share your ideas with your neighbors in our comment section below. 

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Richard Hosford

10:03 am on Friday, December 28, 2012

Hi B Springer, thanks for the 'city' catch. I've changed it to town   more ›

Stoneham Savings Bank Now a Division of Salem Five Bancorp

The two banks will fully integrate in 2015.

The following is an announcement from Salem Five Bank:  Salem Five Bank and Stoneham Savings Bank announced that their affiliation has been finalized by the Massachusetts Division of Banks, the FDIC and the Federal Reserve.  Under the agreement, Stoneham Savings Bank will operate as an independent subsidiary for the next several years and be known as Stoneham Savings, a division of Salem Five Bancorp. In 2015 they will fully integrate operations and consolidate into a single bank. The agreement also includes Stoneham Savings Bank’s robust insurance practice, New England Heritage Insurance Agency Group, which will merge fully and immediately with Salem Five’s insurance division and become Salem Five New England Heritage Insurance, operated …

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Soni Yoga Taches Relaxation, Inner Strength.

Soni and David Anderson, owners of Soni Yoga at 279 Cambridge St., explain the benefits of an ancient practice in the modern world.

A locally-owned yoga studio is offering an oasis of tranquility in a hectic world. Soni Yoga, at 279 Cambridge St., is named after co-owner and teacher Soni Anderson, who opened the Burlington location six months ago with her husband, David. Soni said that when they opened there was little competition in town and they saw an opportunity. “There were no yoga studios in this area so we decided to open this one,” Soni explained. “It’s the second studio for Soni and David.” The first location the coupled opened is in Cambridge and has been there for about three and a half years. Operating these establishments is a dream come true for the owners since yoga practice is so much a part of their lives. This is especially true for Soni, was born in …

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