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Discount Retailer Debuts New MA Store: Business Week

Hundreds of layoffs and a new discount retailer lead this week's business roundup.

From a new discount retailer's debut to hundreds of layoffs looming, it's been a busy week in Massachusetts business news.

Prefer to watch? Check out this week's Patch Food and Business Roundup in the video below, then keep scrolling for the written version.

Have a business story idea? Send it to jessie.castellano@patch.com

Discount retailer debuts new Mass. store

A new Five Below store is opening in Peabody, with a three-day grand opening celebration planned from Friday through Sunday.

Customers can shop the store's selection of candy and snacks, toys and games, beauty items, tech, room decor, collectibles and other products.

550 Mass. employees could be laid off by year's end

As many as 550 Massachusetts layoffs are possible through year's end, according to Worker Adjustment and Retraining Notification Act notices filed with the state.

Some of the forecasted layoffs will happen at Takeda Pharmaceuticals in Cambridge, Thermo Fisher Scientific and Labcorp Early Development Laboratories.

New international market opens in Central Mass.

Apna Bazar Farmers Market celebrated the opening of its fourth Massachusetts location with a ribbon-cutting ceremony on Thursday. The business at 539-571 Boston Tpke. offered opening day gifts for the first 250 families.

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