restructuring

Tabletop
Libbey To Drive Growth With Corporate Restructuring

Libbey is kicking off a corporate organizational realignment plan that company officials said is designed to drive improved performance and growth. It said the plan is expected to reduce annual pre-tax run-rate costs by approximately $9 million to $11 million.

Retail
Pier 1 Imports Reorganizing Corporate Structure

Pier 1 Imports is undertaking what the company described as an “organizational redesign” of its corporate workforce to better align its operations with its long-term strategy and enable the company to improve agility, reduce costs and reinvest in building core competencies.

Retail
Shopko To Liquidate

Shopko said that despite the company’s best efforts, it was unable to find a buyer for its go-forward business as a going concern, and will now liquidate its operations.