Edward Lampert has resigned as chairman of Sears Holdings board of directors just days after an affiliate of his company, ESL Holdings, acquired the retailer out of bankruptcy.
Days after a published report indicated that Amazon was on the verge of choosing Crystal City, VA, as the home for its second headquarters, news that the e-commerce giant is also looking at a second location has surfaced.
Amazon.com is reportedly in “advanced discussions” about choosing the Washington, D.C., suburb of Crystal City as the location for its second headquarters known as HQ2, according to a report in the Washington Post.
Lifetime Brands has completed the acquisition of the kitchen division of Focus Products Group.
NPD has reported that Millennials are at the center of the niche segment of consumers embracing craft coffee brewing methods at home. Fueled by this trend, NPD is forecasting 9% growth in coffee consumption by 2024.