By Ben Unglesbee via Retail Dive Dive Brief: The share of small retail businesses that couldn’t make rent rose to 34% in April, up six percentage points from February, according to survey data from Alignable. Those surveyed cited inflation, including gas price spikes, supply chain issues, labor shortages, reduced revenues and increasing rent. Of those […]
The Business Monitor International upgraded their 2014 real GDP growth forecast from 2.7% to 2.8% with growth set to average 2.4% per year from 2013-2018. Our economy is recovering. With a growing external trade demand from the key US trade partners, including Canada, Mexico and the United Kingdom, both the industrial and office segments […]
Epizyme Inc, a Cambridge-based cancer drug company, commenced public trading last Friday. The biotech listed its initial public offering at $15 a share on the Nasdaq, under the ticker symbol “EPZM.” The rapidly-growing oncology company is offering 5.1 million shares, with the IPO expected to raise $88.8 million if all shares are sold. While only […]
The U.S District Court in Boston came to a ruling yesterday regarding the patent infringement lawsuit filed by Rogers Family Co. against Keurig, a Reading-based manufacturer of coffee brewers that is a subsidiary of Green Mountain Coffee Roasters. Rogers Family Co, a coffee company located in California, launched the OneCup line in 2011. The OneCup […]
According to HubSpot CEO and co-founder Brian Halligan, location does matter for startup companies. HubSpot, a Cambridge-based marketing software firm (right down the street from ABG’s commercial office) has seen its revenue skyrocket in the past year, bringing in $52 million in 2012, 82 percent up from the previous year’s totals. The company has raised […]
