Many consumers have reined in their spending, and even top retailers have had to close underperforming stores.
The company reported sales were down 7% year over year for the third quarter as tariffs continue to hurt the company.
The deal is expected to close in the first quarter of 2026, while more than 40 locations will close in early 2026.
Newell Brands, which owns Yankee Candle, said in a statement Monday it would also lay off 900 workers across all of its ...
Many sneaker manufacturers, including Nike and Adidas, have opted to sell some of their more exclusive and collectible shoes ...
Dick’s Sporting Goods announced the impending store closures amid a larger strategy shift to clean up inventory.
SOUTH DEERFIELD — Yankee Candle owner Newell Brands will close 20 stores in the U.S. and Canada, which collectively represent roughly 1% of brand sales, the company said Monday. The closures are ...