Health Company Layoffs + Grocer Announces Closure + Beloved Bakery Expansion: MA Business Week

MASSACHUSETTS — From a health insurance company eliminating hundreds of jobs to a popular bakery eyeing expanding its presence in the Bay State, it's been a busy week in Massachusetts business news.

Health Insurance Company Eliminates Jobs

Point32Health is eliminating 254 jobs as part of its second significant workforce reduction of the year, according to a report from Boston Business Journal. The jobs account for approximately six-and-a-half percent of the company's workforce.

Point32Health, the second-largest health insurance company in Massachusetts, is based in Canton.

Popular Bakery Eyeing Expansion in MA

Paris Baguette, a French-inspired bakery chain, is searching for a storefront in Worcester. The company currently has five locations in Massachusetts.

Paris Baguette's Chief Development Officer, Nick Scaccio, told Patch that the chain has 12 units in development in the Greater Boston area, including locations in Mansfield and Bellingham.

$50K Winning Lottery Ticket Will Soon Expire

A winning Powerball ticket that was sold at a convenience store in Marlborough last November has not yet been claimed. The unclaimed ticket is worth $50,000.

The Massachusetts State Lottery Commission said the ticket will expire on Nov. 20 if not claimed.

These Beloved Businesses Permanently Closed In MA In 2025

As the holiday shopping season is almost upon us, Massachusetts customers might be surprised to see that some of their stores have closed or are planning to close since last year:

• Rite Aid
• Joann
• Starbucks
• The Cheese Shop of Salem
• United Parcel Service
• Walgreens
• Claire's
• Smithland Pet & Garden Centers
• At Home
• Walgreens

More Massachusetts Business News This Week:

• Former Celtics Star Finds Buyer For Newton Mansion: Report
• Beloved Indoor Pickle Ball Spot Officially Open
• Framingham Grocer Announces Closing Before 1 Year Anniversary
• Braintree Couple Guilty In Underground Casino Case
• Japanese Superstore Chain Coming To The Boston Area
• MA Taqueria Continues 2025 Expansion With New Opening This Week
• Panera Bread Founder Donates $20M To Clark University
• Marlborough Private School Adds Lower School For Young Students
• Home, Auto Insurance Rates Skyrocket In MA: See What Is Being Done
• National Bank Chain Opens New Central MA Branch
• Beverly City Hall Renovation $25M-$27M Funding Request Expected In December
• SNAP Benefits In Jeopardy In MA Due To Government Shutdown, New Fed Rules
• The Salem Pantry Awarded $2 Million To Lease Food Distribution Warehouse
• Mackenzie Scott Donates $10 Million To Cape Cod's Woodwell Climate Research Center
• Huge Lottery Prize Cashed On Winner Sold At Andover Store
• Worcester Business Gets $1.5M to Create Jobs
• Marlborough Business Gets Nearly $1M to Create Jobs